On weekly chart we can see big Wolfe pattern and if is to be respected, this pair can get much lower. Currently it is fighting 0.382 Fib level of the last rise from 0.83 in beginning of October last year. In the past two weeks it drew nice Wolfe (better seen on 4H chart below). If 0.89 will get broken, it will be ripe for big short. Also many news tomorrow. It...
It is a little bit pushy, but with some imagination can be seen as cup & handle pattern. Last time it played out well (see linked idea), so I'll try again with a few micros. Regarding the deep of a cup one could argue it should be from the dotted yellow line and not from the top of this formation. We'll see, I put several targets in place and will take profits off...
I'm a little late for this one to be optimal, but I expect it to be still profitable. I'm counting on it to retrace to 0.382 and maybe to 0.618 of the last little wave and then continue south. If it will just continue down from here, I won't touch it. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Based on previous analysis, here is new trade setup. Expecting retrace to previous highs and then continuation to upside. Let's see. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Something is cooking here and I want to sit by the table when it will be served. Plan is to wait for breakout (which could be strong) and then a kiss to the pink line again before continuation. Trade will be set afterwards. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Could be, but I'll wait for it to get to the marked area and look for trade setup. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
I wouldn't mind if this pair will consolidate for a few days and ripe in the second half of next week for short. Can be tricky with fake breakouts, like it was before, but 4H chart will give us more clues on conditions. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Pair dropped out of rectangle, expecting retrace to its lower bound. Daily ATR is 60, drawn stop loss is set based on this and for scenario where Entry 2 will get filled in. If only Entry 1 will get filled in, stop loss will be set lower. Also targets depend on entries, but T1 and T2 will be good for start. Disclaimer: this idea is solely for my own purposes, to...
Another pair, which could repeat history and say goodbye to highs with a deadly kiss. Could take a little less time, though, and zooming to lower timeframes for some additional pips on deadly kiss moment - refer to 1H chart of the first box below. T1 is orientational first target, but let's wait for trade setup. 1H chart of the first box: Disclaimer: this idea...
And only with micros for this time, just for educational purpose :) I didn't set order yet, will see how it will open on Monday. On small scale, pair was rejected at 0.382 and is heading south. It broke 0.236 arc level, which could be good entry point. SL at 80 pips away should give it enough room to breath, if it won't just flush. Profit taking should be at next...
This could be c&h - let's see for 30 pips risk. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Nice drawing, let's see it we can make some money out of it. Pair is climbing to resistance area in a nice channel (which act as a support few time last year - see bigger picture below). Looking at this channel we can see similarity in moving. Currently it's in area for double top pattern, from where it could retrace and then continue its way up to the channel...
Shorting this pair here with marked targets and stop loss. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Idea is to go long on breakout with SL a little bit higher that daily ATR and target at least as marked. If everything will go smooth, I'll leave part of trade for longer run with SL set to BE. Similar setup can be applied to EURJPY, which I'll review later. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
If it will be able to break 0.382 this time, I expect merry times for this pair. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
There's very bearish sentiment, but it could make another step up. I'm willing to buy it on breakout, if it won't retrace too deep from here. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
I'm counting for a little pullback to upside here and then a drop. SL seems a little bit high, but will be lowered when/if things will go in the right direction. I'll decide later on how much of trade I'll close at targets. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;) 15m details for trade setup:
I plan to buy on breakout, take 1/2 of profit on T1 and move SL to BE (and if it will remain to go higher, probably set trailing stop). Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)