VasilyTrader

VasilyTrader

descending triangle formation on usdcad. the market has stopped setting new higher highs and shown a row of lower highs instead in confluence with clear rsi divergence. our bias remains bearish and on focus is the horizontal support of a triangle. breaking below the support, market will confirm bearish sentiment of its participants and we can short the...

VasilyTrader

hey traders, after a very good long trade that we have taken this week, it is time to adjust our trading plan. Next week I will be paying close attention to a rising wedge pattern that can be easily identified on 1h and 4h charts. On Friday the market has closed approaching a support line of the wedge . Most likely buyers will push the market higher from this...

VasilyTrader Updated 

USDCAD: Short Trade With Confirmation very peculiar trading setup on USDCAD . on 4H the market has recently touched a falling resistance of a descending triangle and we see a row of multiple rejections. on 1H we see a double top formation and for confirmation, we only need to wait for a bearish violation of minor support beneath it to short the pair. T1 -...

VasilyTrader

bearish bias remains on S&P500. the market was coiling within a bull flag for a while but once it faced the major resistance we see a clear formation of a lower high + dodji candle. I expect bearish continuation and still hold short trade from higher level. for those who missed the trade, you can wait and sell bearish breakout of a flag. target level will be 2950

03:19

VasilyTrader Updated 

How to identify a key structure level? How to project the market direction? My thoughts on EURUSD. if you like the analysis, please, like and comment the idea!)

VasilyTrader

very peculiar trading setup on USDCAD. on 4H the market has recently touched a falling resistance of a descending triangle and we see a row of multiple rejections. on 1H we see a double top formation and for confirmation, we only need to wait for a bearish violation of minor support beneath it to short the pair. T1 - 1.325 T2 - 1.324

VasilyTrader Updated 

completed bullish cypher pattern on GBPUSD. Entry - 1.2315 Stop - 1.225 T1 - 1.239 T2 - 1.245

VasilyTrader

potential counter-trend trade on AUDUSD. rejection candle and lower high leaves clear clues that the market is currently oversold and pullback is needed. on our focus is 0.6765 structure resistance. if bulls break above it, I will buy the pair expecting a continuation to higher structure levels. Targets: 0.6779 & 0.68

VasilyTrader

EURJPY is currently contracting within a descending triangle formation. if bears break below the horizontal support of a triangle, for us it will be a signal to short the pair expecting bearish continuation. T1 - 117.6 T2 - 117.2 you can also apply a trailing stop because the market has much space to go lower! stop will be above the last lower high of a triangle.

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hey traders, usdjpy has recently broken below a key support level on 4H, quite quickly though the market has returned within the boundaries of a wide trading range 107.4 - 108.4 simultaneously braking the falling parallel channel . now the lower boundary of the range will be again significant support for the buyers, so I will be looking for a signal inside...

VasilyTrader

hey traders, usdjpy has recently broken below a key support level on 4H, quite quickly though the market has returned within the boundaries of a wide trading range 107.4 - 108.4 simultaneously braking the falling parallel channel. now the lower boundary of the range will be again significant support for the buyers, so I will be looking for a signal inside...

VasilyTrader

potential bearish cypher pattern on USDJPY. D point is lying on structure resistance. Entry - 108.2 Stop - 108.6 T1 - 107.8 T2 - 107.5

VasilyTrader

NZDUSD is on a corrective structure. The market has recently reached 0.634 structure resistance and we see a very strong rejection on 4h. there is a high chance to see a strong bearish pressure to retest the market low. for confirmation, I will be waiting for a bearish violation of 0.63 level. only then the breakout of a bull flag will be confirmed. Target...

05:04

VasilyTrader

Who to blame? Market? Analyst? Blame yourself and forget about getting rich quick scheme!

VasilyTrader Updated 

hey traders, on GBPUSD we have a very peculiar trading setup to trade! the market has recently broken below the rising wedge on 4H and currently, we see a retracement before a bearish impulse. Pair has recently reached 1.25 level and based on double top and rsi divergence the market leaves us clear clues. I will short the recently broken minor support beneath...

VasilyTrader Updated 

hey traders, bitcoin is trading withing an expanding wedge pattern. the market has recently reached a resistance line of the wedge and I expect to see bearish continuation and retest of the current low 9800 and most likely the market will go lower setting new lower low around major structure support 9400.

VasilyTrader Updated 

GBPJPY is trading inside a strong resistance area. To trade this structure trade with confirmation we need to wait for a bearish breakout of a narrow trading range on 4h between 134.0 - 135.5 Targets will be based on structure: 132.4 131.0

VasilyTrader

Hey guys, I was asked a lot about my view on EURCAD and where is the safest place to buy. As the pair reached 1.47 I was very skeptical in bullish continuation and I was expecting the retracement. Now the market is approaching a significant support area and I am paying close attention to a highlighted zone. I will be waiting for a bullish breakout of a...