In our current analysis of USDJPY, two distinct trading opportunities emerge: 1. Fib-3 Bat Pattern Retest: - Timeframe: Weekly Chart - Setup: The Fib-3 Bat Pattern type2 on the weekly chart has already provided a profitable opportunity, and a retest is anticipated. This pattern has previously yielded a substantial 903 pips in 13 weeks. 2. Bullish Butterfly...
Let's discuss the trading plan for GBPUSD, and it revolves around the recognition of a Bearish Deep Gartley Pattern. This pattern, once confirmed, provides an optimal setup for a shorting opportunity. Here's the breakdown: 1. Trading Setup: Bearish Deep Gartley Pattern. 2. Price Reversal Zone (PRZ): Awaiting confirmation at 1.2725. Once the PRZ is...
Let's delve into the EURUSD trading plan for the upcoming period. The weekly chart suggests a weaker bull trading setup, signalling a bullish trend with some weakening. However, the four-hour chart paints a different picture, displaying a bearish trend. Here's the comprehensive trading plan: 1. Weekly Chart: Indicates a weaker bull trend. 2. 4-Hour Chart: A...
First, look at some of the money making opportunities for this week
An intriguing trade opportunity has been identified on the 15-minute chart involving a type2 Bearish Gartley Pattern. While it may not appear significant on the shorter timeframe, looking at the Daily Chart provides a different perspective. Utilizing the Combo Trade Management System and targeting the first level of support can yield attractive returns. What are...
First, look at some of the money making opportunities for this week
First, look at some of the money making opportunities for this week
For those who are bullish on GBP and bearish on AUD, the suggested pair for trading and going long is GBPAUD. The trader is looking to long GBPAUD on a Bullish Gartley Pattern that is expected to complete at 1.9261. Emphasizing the importance of having a personal trade plan and trading accordingly. What's your trade plan for GBPAUD?
Those who went long on the NZDJPY Bullish Butterfly Pattern might have profited more than 100 pips (~1,000 USD/lot). The trader suggests waiting for a Type 2 Butterfly Pattern at 89.35 or a retest of support at 89.73 for a counter-trend buying opportunity. What's your trade plan for NZDJPY?
Despite a strong bullish candle, the presence of a Bearish Shark Pattern retest on USDJPY is intriguing. However, the trader advocates waiting for further confirmation to engage in a shorting opportunity on USDJPY, treating it as a retracement trade. What's your take on the potential trade for USDJPY?
In comparison with EURUSD, GBPUSD appears more attractive for a counter-trend trade, featuring a Sideway Bounce trading setup. The plan is to wait for a market retest at 1.2608 before entering a buying opportunity. What are your thoughts on this potential trade?
In the prevailing bearish trend on EURUSD, if you're on the lookout for a buying opportunity, consider a counter-trend trade to go long at 1.0779. Of course, patience is key, and waiting for additional trading setups might be necessary. Share your thoughts on this potential trade!
First, let us understand what are the difference between these 2! Golden Age: The term "Golden Age" refers to a period in history marked by exceptional prosperity, flourishing cultural and intellectual achievements, and overall well-being within a socie
Let's have a look at what opportunities does the market install for us.
An amazing Bearish Fib-3 Bat with RSI Divergence has surfaced on the CADJPY 1-hourly chart. While some may see this as a great counter-trend trading opportunity, others might interpret it as a warning sign and choose not to engage. But here's the twist - it's a Combo Trade. On the Weekly Chart, there's a Bearish Shark Pattern Retest, accompanied by a Type2...
Check out these advanced trendline trading techniques for NZDJPY. If you're seeking a counter-trend trading opportunity, watch out for a Magic Candle Confirmation (MCC) on the Bearish Trendline. This will signal an entry point for a short trade. Once the pair touches the next trendline, consider shifting your stop to entry and decide whether it's a...
The USDJPY's Weekly chart is showing signs of a potential Head and Shoulders formation. While engaging directly on the weekly chart might be considered risky, what if we use a Combo Trade Management strategy? There's a Bearish Shark Pattern on the Daily chart, and we might witness a formation of a Bearish Deep Gartley Pattern on the 1-hourly chart, providing...
GBPUSD is currently experiencing a sideways movement. If you are seeking a buying opportunity, pay attention to the bullish trendline on the 4-hourly chart. Ensure that the candlestick does not violate the trendline before considering a buying opportunity. What are your thoughts on this potential buying setup for GBPUSD?