TradingSuccess

TradingSuccess

Entry at 161,8% Fibo of XA confirmed by old support. TP 1 at 38,2% Fibo of AD confirmed by structure. TP 2 at 61,8% Fibo of AD confirmed by structure. SL a few pips below the candlestick formation. Countertrend trade.

TradingSuccess

Wait for a candlestick formation at point D SL above X Potential TPs: - 38,2% (for those who want to TP really safe) - 61,8% Fibo of AD - 113% Fibo of AD (wave length equal to XA move + support) - 161,8% Fibo confirmed by support Trend trading.

TradingSuccess

Price geometry. Possible bearish move. Trend trading.

TradingSuccess

Wait for a candlestick formation on H1 as a confirmation. Trend trading.

TradingSuccess

Everything is already written on the chart.

TradingSuccess

Everything is already written on the chart

TradingSuccess

Everything is already written on the chart

TradingSuccess

Short at point D (after occurrence of a candlestick reversal pattern) confirmed by AB=CD + strong resistance + 61,8% Fibo. SL above the candlestick pattern and the resistance (keep some space). TP 1 confirmed by previous support. TP 2 at 78,6% Fibo confirmed by previous lesser support and a possible Cypher Pattern.

TradingSuccess

TP 1 at 61,8% Fibo of AB confirmed by previous resistance TP 2 at 78,6% Fibo of AB confirmed by previous resistance area TP 3 at potential D point - completion of ABCD Pattern

TradingSuccess

Last few months show us interesting geometry

TradingSuccess

1 - Resistance + 38,2% Fibo + 127,2% Fibo extension of AB 2- Point D (completion of AB=CD) + point D at 161,8% Fibo of BC + MA 200 + lesser resistance 3 - Resistance + 61,8% Fibo + 261,8% Fibo of BC + 161,8% Fibo extension of CD (Alternate AB=CD) Hope it helps :)

TradingSuccess

Entry point at 88,6% Fibo of XA leg SL above X or at 113% Fibo of XA leg TP 1 at 38,2% Fibo of AD confirmed by strong support TP 2 at 61,8% Fibo of AD confirmed by lesser support TP 3 between 78,6 and 88,6% Fibo of AD confirmed by lesser support

TradingSuccess

So last time I've published an idea for USDJPY short setup. Of course it's still possible but here I'd like to show you guys a strong support where the prices may struggle or even reverse. Why? 1. 50% Fibo 2. At this level MAs 50 and 200 are really close to each other (they often act as support/resistance) 3. Lesser round number (120.200) 4. Possible hidden...

TradingSuccess

Everything is already written on the chart

TradingSuccess

Completion of the Gartley Pattern at 78,6% Fibo of XA leg confirmed by previous support and a trendline. It's still better to wait for a candlestick formation. SL below X point TP 1 at 61,8% Fibo of AD confirmed by previous support/resistance level TP 2 at strong resistance confirmed by a trendline

TradingSuccess

Additional info: A confirmation of the short signal would be breaking the low of the last engulfing candle. Be careful of MA 20 (H1) - it acts as a support right now.

TradingSuccess

As you see the trend isn't really strong, we had some candlestick patterns earlier and now there're some at the resistance level. The prices have formed a rising wedge which is another short signal. A good idea might be placing a sell stop order somewhere at 0.973 SL above the resistance level and the candlestick patterns TPs at old support levels

TradingSuccess

Enter short at current market price or at breakout somewhere at 120.2 Entry confirmed by previous strong support/resistance level (seen on D and H4 chart) and a candlestick formation An ABCD Pattern is possible (complete at TP 2 area) TPs confirmed by previous supports SL above the candlestick formation