on pound yen we have a nice almost completed bullish gartley pattern.
Looking left we see that the market is approaching a decent level of structure.
So it is highly probable that the market will bounce up from this level at least to 382 of CD.
My entry point is 1.272 extension of AB.
Stop below X.
on a euro newzealand we have a great chance to sell the retest of a recent violation of a neckline of a head and shoulders pattern.
watching daily chart, we see that the market finally violated a decent level of support.
As the level was violated, a new lower low was established.
The pullback ...
I just want to show you a local double top that is completed and the support under it is violated.
It is a really decent signal to short the market.
You can sell right now, as the candle has already closed below the support,
or sell the retest!
Targets are based on structure.
Stop above the tops!
after a long consolidation around 1.27 level, yesterday it finally was broken.
As it often happens, many traders missed this breakout and now looking for entries.
Touching 1.25 we see a pullback, the market is steadily going up to the broken structure.
Obviously, many traders set sell limits on 1.27 and are ...
on new zealand dollar / us dollar pair from the 8th of October the market is in a clear up move.
Though my bias is still bullish, I am always looking for trend violation patterns.
on a 4h chart we have a nice head and shoulders pattern.
The violation of neckline will trigger a selling reaction and will drive ...
though 1237 looks broken, for conservative trades as me more clues are needed.
for confirmation of a structure violation I am looking for a breakout of the resistance of an ascending triangle.
(don't be caught by a false breakout, and be patient!)
the initial targe is based on a pattern range,
the second is ...
on new zealand dollar pair, after a steady sell-off from 0.697 level,
we see a local consolidation forming a nice bearish flag pattern,
though, the market is in clear bull trend for many days,
It feels that the pullback from the higher high will be deeper.
selling the breakout of a flag we set the initial ...
on dollar swiss we finally see clear violation of 0.992 structure level.
though, I sold the market bit earlier selling the double top
my initial target was based on 0.992 and as the half of position closed I watched how the market would react on this level.
and yes, we ...
on pound new zealand we see a local rising wedge in a clear downtrend,
though the breakout can occur upwards or downwards, in a bearish trend I am looking for continuation signals.
As the breakout occurs, wait until the candle closes below structure.
The initial target is based on the market low.
on gold we see clear bullish violation of a neckline,
now, as the market approached the structure high 1240, we see a steady pullback.
Looking left we see multiple entry levels for long:
though the market has not violated yet the previous structure high 1240,
the violation of neckline is a ...
this morning on a dollar yen pair we see one more reversal pattern.
the initial target for this trade is based on structure and will be around 111.7 zone.
the violation of this neck line will be also considered to be the violation of major trendline
the violation of ...
on a dollar yen pair this morning we see a formation of a triangle pattern.
as the market reached 114.5 level we see how the trading range is narrowing and exhaustion of each consequent impulse.
Since symmetric triangle can be continuation or reversal pattern, we are waiting for the price to break out of the ...
on eurusd pair we have a nice zone to sell the market.
1) the market is approaching a resistance line of a triangle
so we can anticipate at least minor pullback
2) the market is approaching a decent level of structure 1.14
3)RSI looks overbought
4) almost completed ...
on usdcad we see a clear violation of a decent level of structure 1.326,
moreover, the wedge pattern, that the market was following since October is also clearly violated.
Such market sentiment is triggering selling reaction of many market participants.
In such situation, it is important not to rush, and find ...
for those who missed a bearish violation of head and shoulders pattern last week,
there is another great opportunity to sell the market.
since 25th of november we see a clear divergence on rsi, and the market has just violated the support line of the channel,
on eurusd we see a nice triangle pattern.
Though the market is in a clear bearish trend and we still have a bearish bias,
the violation of triangle can be either bullish or bearish.
I will be focused on a bearish breakout, waiting for a bearish violation of support line.
The initial target will be based on ...
on pound aussie dollar this morning we have almost completed bearish abcd pattern.
though the completion point is strictly 1.785,
I will be focused on 1.78-1.79 zone, and confirmation signals inside of it.
Looking left we see that the market is approaching a very decent level of structure.
And last year the ...
on dollar swiss we have a nice opportunity to sell the retest of the violated level of structure 0.995!
after a strong bearish momentum to 0.99, we see a pullback just to the previous level of structure that turned to resistance.
I will set my stop above 1, and my initial target is based purely on ...