I think there is high probability that EURGBP may fall more and we have a nice bearish significant candle after the pull back so time to short.
It's 3rd trade of this pattern for next week that I shared and here we have an uptrend then a pullback and a significant candle so we hope to see a new higher high next week.
Look how clear the price is telling us that it's going to fall more.
This setup is almost a perfect PA based shorting opportunity and it has very high probability to fell more from this top. How to trade Significant candle setups: Open a sell / buy stop orders 10 pip above or below the significant candle closed price.
We have a great bullish significant candle and I opened my buy stop order 2 pip above it let's see what's going to happen.
Great opportunity for shorting EURUSD because of the bearish significant candle.
As you are seeing we have an awesome bearish significant candle and it is time to another down leg after the consolidation area.
This price pattern is very strong when a rejection candle coming alongside with a significant candle(It's related to my trading system) so I will open a buy stop order 10 pip above significant candle and we will what's going to happen.
GPBUSD made an awesome great bearish significant candle and it's a good opportunity to sell it and catch next leg down of this pair. Best way to trade this is opening a sell stop order 10 pip below this candle and if next week candle didn't triggered your order close it.
Look at that awesome bearish candle, What it's telling you from this top price zone? I think with this candle we are going to get an high probability sell trade with a big reward and small risk. Best way to trade this is opening a sell stop order 10 pip below this significant candle and place your stop above this candle.
As we are seeing this pair is on a long term bullish trend and we had a pull back so now we are going back to resume this up trend, Last week candle is something significant and it's telling me the trend will continue and it may make a new high.
This week candle was awesome! A clear strong bearish significant candle and I think there is high probability of going more down so let's short it and catch some pips.
USDJPY may go up next week after this week bullish significant candle but I'm not sure it's going to make a new high or not anyway we will get what market is going to give us.
I'm bearish on Dollar so now I'm waiting for a bearish engulfing candle to short and catch next leg down of this down trend.
EURUSD is continuing it's up trend slowly and now based on weekly chart closed candle I can say maybe it's time for a small retracement.
Previews day candle was an awesome bearish rejection candle and today candle will show us the market direction, Is price is going to fell or it's just a pull back? For finding answer of this question we should wait until today candle close and if this candle broke out previews day candle and it's body engulfed the previews candle body then It will be a good...
USD lost a lot for others last week and now some of the market trends may reverse back so one of this trends that looks really great for me is AUDUSD, This pair made a nice bullish engulfing candle on weekly chart so if you want to catch this new move you may put a buy stop few pip above this candle. It's just technical view for starting or reversing a trend we...
AUDUSD is on resistance zone as you are seeing and it's started to go down, We should wait for closing of today candle and if it engulfed the previews day candle we will short it.