Theo_k88

Theo_k88

We can see a fake breakout of daily trendline. This usually means exhaustion and we are ready to continue the downtrend. price is touching trendline again and we might have a potential double top at 0.5 fib retracement. We can set targets at AB=CD completion.

Theo_k88

We can see a h&s pattern at 4h chart. Waiting for a reversal pattern at right shoulder. I will enter at right shoulder because of the extra confirmation from trendline. You can wait for completion of h&s and then enter. Enjoy.

Theo_k88

We can see a rising channel breaking at USDCAD. After that, we saw a bearish flag, a break of the bearish flag and already a retest. We could enter earlier but this is still a good opportunity if you're not afraid of a bigger stop loss. Price also broke trendline at 1H chart showing momentum downwards. Enjoy.

Theo_k88

EURUSD is at the lowest level of a consolidation at Daily chart. Lowering timeframes, I can see a triangle at 1H chart that has been broken after a triple bottom. I will wait for the 0.618 fib. retracement and a reversal pattern at that level in order to enter long. Possible trend reversal if this triangle keeps my analysis. You can set your targets with AB=CD...

Theo_k88

1) Triangle breakout.(after an extended uptrend) 2) We predict a retest at previous structure. 3) Wait for a double bottom to confirm it. 4) Local support gives extra confirmation. 5) Not any price action signal of trend reversal. Enjoy!

Theo_k88

We saw GBPJPY break from the triangle. It's early to enter. I expect a nice retracement on GBP next week because it's really been under heavy pressure! I suggest wait for a clear re-test before entering this trade short, but as always here's a beautiful R/R ratio and awesome targets. Don't forget to follow me if you like my work. Enjoy.

Theo_k88

Clear Head and Shoulders pattern at NZDUSD. Double top confirmed at right shoulder which happens to be at 0.618 fib retracement. 5:1 R:R with aggressive entry and goals. Rsi helped too. Let's see if it will melt. Enjoy.

Theo_k88

Here is a cypher pattern I spotted today at Gold. Enjoy. As always, targets and stops at screen.

Theo_k88

After brexit news a cypher pattern has completed. I always enter aggresively at cyphers so here you go. Enjoy.

Theo_k88

Right shoulder held at 1) local support area. 2) 0.5 fib retracement. 3) we also had a 3bar reversal candle 3)RSI left oversold conditions. Target at previous highs. Enjoy.

Theo_k88

AUDUSD played out as expected and I'm entering now. You can see the extra analysis at previous post. I post my entries now. Enjoy.

Theo_k88

USDJPY finally trying to retrace at the previous structure level. If price manages to go at previous structure and we see a clear reversal signal we can definitely enter long continuing it's breakout after a clear retest. Good R/R ratios if we manage to enter that low. Keep this at your radar, and as always, enjoy!

Theo_k88

We saw a break of the trendline at 4H chart and a rejection this morning at 0.382 fib retracement with a double top at the lower timeframe (1h). Good R/R ratio. Enjoy.

Theo_k88

AUDUSD will likely follow it's downtrend. We can see a double top (1h timeframe) after the breakout @ 0.618 fib. retracement. Target 1 at previous local support and target 2 @ 1.618 fib. extension.

Theo_k88

USDJPY Broke triangle at 4H chart. Possible return at previous strong resistance. Targets 2 go for ABCD completion and targets 1 at previous high. High probability trade to kikk off your week. EUR looks strong also along the markets.

Theo_k88

EURJPY with it's lovely huge volatility managed to break through the rising trendline at Friday. I wish we could see a clear retest and even above the trendline because I would love to enter at 0.5 or even 0.618 lvl instead of 0.382 for better r/r Ratio and better targets. I would suggest to trail stops in this one if you enter, because it might signal a new trend...

Theo_k88

This is a trading opportunity for the most basic pair ever in the world of Forex Trading. I want to see the double top at the bottom of the triangle then enter short. Blue rectangles are demand zones. Enjoy.

Theo_k88

I'm reposting this. You can see the falling channel and the rising channel after it.Enough volatility to confuse us these last days. There is an excellent breakout and retest but for me, it's too low. It barely touched the 0.382 fib retracement. I will put a pending order at 0.618 fib retracement with 2 targets. tp1 at previous low and tp2 at 1,272 fib extension. Enjoy!!!