Keeping an eye on this structure development - may be forming triangle or break to give us a HSP (head and shoulders pattern). Happy Trading!
Triangle may break either way if that is what is forming here within the channel -- looking for break of triangle to break channel for sell or break above for possible buy - would rather look for sell at this area - but watching both options.
Daily structure outlined - diving down into 4h looks like we may be forming a H&S sell set up -- as you know many of these setups look nice but fail to perform, so use your strategy for entry and risk with this idea - I will be waiting for the right entry for me - but this may be a nice one for next week - ;) happy trading!!
a buy here looks good -- see chart.. Happy Trading!
4h - this up move is very weak compared to last two and we are almost at a double top. within the 60 min we are seeing a great loss of momentum - aggressive traders can sell right here with a stop at your own strategic level. Less aggressive traders wait for the break of trend line and sell to bottom TL first with expect of that to break and target of 720 -- 4/1 RR!
It is not ready as yet, but this structure looks like it wants to break to upside - may be next week. Looking for a buy setup in the structure and will hold for breakout if i get the setup. a break out to down side is always possible but less likely and would negate the idea. Happy Trading guys and gals!
see chart - if we get a nice consolidation here like before (blue circle) - a buy looks like a good option! Happy trading!!
We have a consolidation structure inside the bigger downtrend structure. Looking like a "wind up" to go upside. I will be buying on the break of this consolidation to upside. If it goes to the downside (possible) I am not interested in it down here.. Happy trading!
Would like to see a similar correction to previous up move for a nice buy back to the top and possible break out above.. see chart
Looking like a nice 5 wave structure in the making. round number sell would be 775 to target the lower pattern line or more conservatively the daily uptrend line -- happy trading!
in a daily uptrend breaking the weekly downtrend. 240 structure is at decision point - once confirms directions can be a good trade - will keep an eye on this one - happy trading!
Looking for one more TL bounce down here, depending on --1. if it comes back now and 2. how it comes back -- break of line invalidates - S1 pivot buy
Looks like a good idea to sell the break of this corrective up move. Happy trading!
Risky set up so watch R:R, but looks like UJ is setting up to make a flat. Reason to sell is that most will break the bottom and we do not know how low it may retrace - more keen on upside for this pair longer term, however may be worth a small lot size for aggressive traders. Happy Trading!
Possible to get one more move down to give a 5 wave diagonal structure on the CJ. Watch for the break. May break out of this to go up now, but looks like one more down is more likely at the moment. Happy Trading!
Accidentally posted privately initially - took the break out and got Break even - now looking for this flag to break to try for the short again. EuroCad is going well, lets see if the UCad will follow!
Buying the breakout for possible 240 wedge looks like a good idea. Happy trading.