thomassobrien98

thomassobrien98

Price failed to make a lower low, waiting for price to break through the neckline and retest before entering a long trade

thomassobrien98

Have a long bias on EURUSD at the moment, dollar is still showing signs of weakness, on the hourly chart here we can see price creating an ascending triangle pattern and created a double bottom at the support level, price has just broke threw the resistance and waiting for a retest before entering another long trade.

thomassobrien98

Have a sell bias on CHFJPY, as we can see price broke market structure on the 1hr chart pulled back to the 50ema, tweezer top candlestick formation rejecting off the 0.5 fib followed by a bearish engulfing candle that engulfed the previous 7 hours of data, the pullback to the 50ema also created a hidden divergence on the RSI, Would expect to see price push down...

thomassobrien98

Still think USDJPY could drop back down, as we can see here price has made a lower high on the 1hr which has also created a hidden divergence on the RSI, price pulled back to the 50ema and we also got our minimum retracement on the fibonnaci, just waiting for the 1hr candle to close bearish back below the 50ema and will be re-entering, also have a 3 pin formation...

thomassobrien98

Sell trade on CADCHF , we had a break of hourly structure and then got a pullback to the 50 ema , pull back created a lower high and a hidden divergence on the RSI , also got our minimum retracement to the 0.5 fib level, entry was off a 3 pin candlestick formation on the 15min chart, targeting the structure lows....

thomassobrien98

Price broke the market structure on the 1hr, pulled back to the 50ema and a retracement to 0.618 fib , also have a hidden divergence on the RSI. Just waiting for a bullish engulfing or a green candle above or close to the 50 ema.

thomassobrien98

Sell trade placed on USDJPY, Price broke previous market structure and pulled back to the 50 EMA and we also got the minimum retracement to the 0.5 fib, also have a lower high which is also a hidden divergence on the RSI, entry was on the return of price into the supply zone, targeting structure lows

thomassobrien98

Price has broke out of the downtrend, broke the 1hr market stucture and making Higher highs and higher lows, waited for pullback to the 50ema and a minimum retracement to 0.5 fib followed by a three pin candlestick formation and a bullish candle just above the ema, 1:3 RRR targeting structure highs

thomassobrien98

Have a long bias on AUDCAD at the moment, price has formed a Head + Shoulders on the 4hr, broke out of the downtrend and the bulls are in control, we have seen our emas crossover on the 1hr chart, just waiting for a break and retest before entering a long trade

thomassobrien98

Head and Shoulders pattern formed on the 4hr chart, waiting for a break of the neckline before going short

thomassobrien98

ICHIMOKU CLOUD IDEA NEARLY READY

thomassobrien98

Possibility for CADJPY, Price looks to have formed a Head + Shoulders pattern on the 1hr chart, price has failed to make a higher high and could see price start to reverse now. Entry will be valid after a break and retest of the neckline

thomassobrien98

Have a long bias on NZDCAD at the moment, price is still making higher lows on the weekly timeframe and this double bottom is showing signs of a reversal on the 4hr chart, first target will be the recent swing high and psychological level @0.90000, entry will be on a break and retest on a lower time frame

thomassobrien98

On the weekly chart last week we had a bullish engulfing that engulfed the previous 5 weeks, on the 1hr chart we have formed a double bottom in an uptrend and price faked to the downside trapping people shorting the market, price has since broke the neckline just waiting for a retest of the neckline and will target previous swing highs as an initial take profit

thomassobrien98

What my entry would be like on the 1hr chart, looking for price to return to neckline and retest which also lines up with the 0.618 fib level from the recent swing high to swing low and target swing lows as a first Take profit

thomassobrien98

Have a sell bias on AUDUSD currently, price has formed a Head + Shoulders pattern on the daily which is a clear sign of reversal , price also broke out of the uptrend and has formed a lower high after rebounding off psychological level 0.8000, price failed to break the highs on the weekly and dollar has regained some strenght, only interested in entering this...

thomassobrien98

What im looking for to enter a short trade

thomassobrien98

Have a short bias on GBPNZD at the moment, price looks to have spiked threw and rebounded off the 1.98000 psychological level and has formed a double top on the 4hr chart. Price has made a lower high on the weekly and could see price continue in the weekly downtrend, will be looking to enter off a break of market structure on the 1hr chart