btmeerhof

btmeerhof

UsdSgd looks kinda short ish at resistance because its forming a bear flag. Adding to that is bearish divergence. Short for me would be till first resistance that lines out with 50 fib. Trading @swingfish.trade, Join the Community! Its free! www.swingfish.trade Lending/Investment: www.enfoid.com Prop trading: www.enfoid.com

btmeerhof

Eurusd hit resistance and did complete a nice cypher pattern, adding to that there is bearish divergence on the MFI. Time to short it, i've put on a horizontal target for now, general targets however are the 38.2 fib and 61.8 fib for harmonic patterns. i've put the fib up aswell so you can gauge where you want to take profit yourself. Trading @swingfish.trade,...

btmeerhof

Gartley pattern lining up with several trendlines forming a wedge and horizontal support on nzdusd h4. Things are looking up on nzdusd. Trading @swingfish.trade, Join the Community! Its free! www.swingfish.trade Lending/Investment: www.enfoid.com Prop trading: www.enfoid.com

btmeerhof

euraud is retesting a resistance zone after the breakout of trendline. Possible to short scalp this one. Trading @swingfish.trade, Join the Community! Its free! www.swingfish.trade Lending/Investment: www.enfoid.com Prop trading: www.enfoid.com

btmeerhof

Aud/usd shows it hit resistance and got rejected of it, notice the volume getting lower as price tests the resistance. Earlier it did double top indicating a trend reversal so that confirms the short bias for now. Trading @swingfish.trade, Join the Community! Its free! www.swingfish.trade Lending/Investment: www.enfoid.com Prop trading: www.enfoid.com

btmeerhof

Just giving a view on gbp/usd, i can see it possibly going down from here since it is hitting resistance. I don't plan on entering a trade on it since i rarely trade majors like gbp/usd, eur/usd or aud/usd. Just use them for a general overview on direction. Trading @swingfish.trade, Join the Community! Its...

btmeerhof

Butterfly pattern is valid if we take into account margins of error, no harmonic is perfect ofcourse. Price did hit clear support and is consolidating with volume dropping. Expecting a short reversal to the upside minimal. Trading @swingfish.trade, Join the Community! Its free! www.swingfish.trade Lending/Investment: www.enfoid.com Prop trading: www.enfoid.com

btmeerhof

simple, 2 zones, price got absorbed (see volume lowering as price stays longer in zone) quick retrace back. Trading @swingfish.trade, Join the Community! Its free! www.swingfish.trade Lending/Investment: www.enfoid.com Prop trading: www.enfoid.com

btmeerhof

Aud/chf pulled back into a support zone now turning into resistance, price is lining out with trendlines and the zone. This gives the chance to get a tight stop since we are "wrong" once we break above the trendlines anyway. Short target is based of the h4 linechart wich is ideal to find s/r zones. It is however a bit optimistic so i do reccomend watching this...

btmeerhof

Audcad seems to be at the bottom of a wedge falling into the support zone. Mfi is starting to level out thus forming divergence with price slowly going down. This can be a good indication to go long. I'd spread out my entries to get a better r:r if possible. I've given a general idea on how 1 might do so. This example shows 3 entries each of wich should be...

btmeerhof

Euraud is at a resistance point with good volume and mfi being overbought. The idea is to short the pullback to previous resistance now turning support. Trading @swingfish.trade, Join the Community! Its free! www.swingfish.trade Lending/Investment: www.enfoid.com Prop trading: www.enfoid.com

btmeerhof

GBP/CAD m15 can short this pair till the harmonic completion point at 1.27 fib as shown on the chart. This happens to stay just inside the trendlines adding to the probability. Stops can be just outside the trendlines since the short idea is wrong anyway if price breaks out. Trade safe. Trading @swingfish.trade, Join the Community! Its...

btmeerhof

as title says, nzdcad is making a rising wedge and is right at the top of it, with bearish divergence on the mfi. once the chart is switched to a line chart you can clearly see the s/r zone. Trading @swingfish.trade, Join the Community! Its free! www.swingfish.trade Lending/Investment: www.enfoid.com Prop trading: www.enfoid.com

btmeerhof

SGD/JPY h4 is showing a cypher pattern in its wedge up. There is also some divergence on the MFI. I am going to enter long positions as long as it stays in this wedge, sl can be tight because if it breaks out short of the wedge the idea is "wrong" anyway. Targets are general harmonic targets or the top of the wedge/ major trendline hit. Trading for...

btmeerhof

If weekend gap and the priceaction that follows it respects the current 141 fib extention we could see a cypher pattern in the making. For better r:r then trading the completion zone i like to trade C point till D point. This does however require a little bit more confirmation. For how it looks now my target will be the completion zone of the cypher, stop can...

btmeerhof

As title says. Rising wedge, Good R:R. Probablilty to fail, likely.

btmeerhof

Possible second retest of the level at 1.6120. Gonna watch for bearish divergence when it is in the zone.

btmeerhof Updated 

As title says it is at the top trendline of a rising wedge combined with bearish divergence and a daily resistance zone. Looking for confirmations to go short. Trading for @swingfish.trade, Join the Community! Its free! www.swingfish.trade Lending/Investment: www.enfoid.com Prop trading: www.enfoid.com