HUGE RISK REWARD RATIO ON THIS!!!! INCREDIBLE SET UP LOOKING INTO US DATA RELEASE THIS COULD BE A CRAZY TRADE AFTER A SPIKE WE COULD HAVE A MASSIVE SELL OFF FOR USDJPY!!! SELL SELL SELL!!!
Buy Zone hit for EU Follow closely for swingtrade on the daily timeframe.
W one of my favourite analyses.SO PLAIN SO SIMPLE BUT HAS WHAT GOT ME THROUGH YEARS OF TRADING M & W STRATEGY!!! ABSOLUTELY LOVE THIS STRATEGY!!! <3
Price now finds itself trading above 1273, and is pulling back to test former structure, if 1273 + our ascending trendline holds then i can see another leg to the upside targeting 1280
Here we have a Break + Retest on GBPJPY. We are in a bearish market so we are looking for a sell and here is a great time to enter a long term swing for GBPJPY sell. I am expecting it to respect the trendline here from the double top rejection that occurred. You can see my target prices and stop loss for this long term swing. THIS IS SWING USE MINIMUM Lot size as...
After Rejecting Trend line with a nice 4 candlestick formation we see a big push to the downside confirming sell orders. We stalled at our support floor (Blue zone) where we are now seeing a small correction, for this trade to become valid i will be waiting for a clean break of this support zone with a retest of former structure to provide a suitable entry.
After failing to take out 1.3200 with 3 rejections on 4hr TF, along with a nice bearish rejecting candlestick formation on the Daily (Evening Star followed by a Shooting Star) this leads me to believe that the sellers are in control of the EURUSD pair in the near term. A break of 1.2295 followed by a retest of this level is what will confirm this trade and make it...
Breakout of ascending channel along with a weekly closure below 1.3000 leads me to believe more downside is going to occur for this pair. being patient with this one following yesterdays Bank holiday
Expecting a falling wedge breakout on NZDCAD huge drop a correction is extremely evident here.
I HAVE HERE AN INVERSE HEAD & SHOULDERS PATTERN ON GOLD! JUST WAITING FOR THE RIGHT SHOULDER TO FORM AND ITS GOOD TO ENTER. LET ME KNOW WHAT YOU GUYS THINK. It's ALSO REJECTED OFF THE 50 EMA ON THE WEEKLY.
A change in momentum here in the channels as it breaks through a 5 wave momentum causing a 12345, abc channel switch on the Elliott wave.
Looking to take a change of momentum and take the new channel formed and generated. Here forming an Elliott 5 Wave Uptrend and breakout.
Cadchf cypher pattern here off impulse legs. Looking to take a short position. Analysing CADJPY next also looking to take that short, will confirm and publish finalised idea.
Nice simple, Break out for this Audjpy short idea. Great risk reward on this one.
EURAUD has entered a strong buy zone on the Daily timeframe, where it's broken out the falling wedge on the 1H and 4H and M30 timeframe. Looking to ride this position long
Not financial advise strong resistance becoming support
GBPCHF potential cypher pattern forming.