I have a very high probability trader for you on euro yen:
as you see the market is really reactive to 125.46 level.
today we see a clear rejection of this level.
now we have completed double top pattern.
we just need to wait until the market closes below a local support...
on pound new zealand the market has recently touched a decent level of support and we see a decent pullback.
The price is coiling in a rising wedge, and I will be looking for a bearish violation of it inside a potential reversal zone.
our potential reversal zone here is the range between two decent levels of...
as you probably noticed I am a big fan on head and shoulders pattens :)
however, I dont trade all of them and this trading idea will be focused on a type of a H&S
that is better to exclude from you trading strategy.
so there are 6 types of H&S:
one with horizontal neckline,
one with rising neckline,
let me share with you my thoughts about s&p:
first of all, on 4h chart we see a weakening bullish momentum
formation of a rising wedge on 1h charts more strongly indicates bulls exhaustion
also, on 4h chart looking left we can find that the market is really close to...
on audusd pair we see a very nice harmonic abcd pattern.
what I like about this abcd pattern is that it perfectly matches with a significant level of structure looking left.
however, being a conservative trader I will be looking for a confirmation on a lower timeframe.
this Saturday I want to share with you my trading plan on pound yen pair.
the market has recently approached 141 level.
Looking left we see that this level is very significant for the market participants.
Now the market is coiling in a bullish flag pattern.
Touching this level again we see a...
we have a great buying opportunity on pound dollar pair.
oh a 4h chart we see a completed bullish abcd pattern.
also, looking left we see that the market is approaching a decent level of structure right now.
formation of a h&s pattern leaves us clues that with high...
this Friday morning I want to focus your attention on dollar swiss pair.
Watching this pair on a daily we see that the market is approaching 1.01 level,
a significant level of structure looking left.
Also take into consideration overbought RSI.
on a 4h chart we have a...
pound new zealand pair has recently violated a bullish trend.
the higher low 1.865 was violated 30th of November.
from october to december 2018 we saw a sharp movement downwards.
when the market approached 1,82 level we saw a pullback.
now the formation of a head and...
I am still looking for signals to sell very overbought market on dollar yen.
on 4h chart RSI is heavily overbought.
now I am waiting for a bearish violation of a rising wedge pattern.
as you see the market is coiling around 111.1 level and we see rejection...
though, many people blame me for trading against the market sentiment,
I have one more counter trade for you today :)
aussie dollar is standing on a significant support level.
as the market approached this level 8th of Feb, it pulled back
we saw one more attempt to break...
I am back from vacation and ready to work:)
I have a nice trading opportunity for you on dollar yen pair.
First of all, look at a daily chart.
You see that the market is close to a significant level of structure.
Oh a 4hour chart we see a nice potential harmonic...
on europound we have a nice potential opportunity to sell the market.
As you see the market is very bearish, after it reached 0.862 level, we see a steady retracement.
Now we are approaching a decent level of resistance looking left.
Also, the marker coils in a rising wedge pattern.
I will be looking for a...
after a massive selloff from 1.32 level,
we see that the market finally reached a decent level of structure.
as the market approached this level, we see two rejections and formation of a double bottom pattern.
The local support line was just violated,
so now we are...
though we have recently seen a bullish breakout of 54.0 level,
and technically the market has violated a bearish trend,
we have a nice potential selling opportunity to trade.
We see a nice rising parallel channel and a head and shoulders pattern formation.
The violation of a neckline will also be a violation...
dollar canada looks very oversold and I was looking for counter trend trades on this pair.
though I was stopped out from trading bearish abcd pattern I still expect a bullish movement.
Now I am focused on this almost completed head and shoulders pattern,
the zone that I highlighted is a decision zone,
I want to share with you my analysis on euro dollar pair.
I think for everyone it is clear that from November the pair in a side move.
Though the trading range is quite wide from 1.15 - 1.12, nice profits have been made on structure trading.
On 24th and 25th of January...
let me share with you my thoughts concerning new zealand yen pair.
what we see on a chart is called a rising wedge,
what I like about this pair, it gives us clear evidence of weakening up movement.
If you focus on the initial bullish leg of this movement from 22 - 23 January and just compare the length of...