TheContrarianBull

TheContrarianBull

Similarly to EU, very much a back-and-forth price action. Bulls are a little dominant though, sideways-to-up for the time being, limit buys are great

TheContrarianBull

Very rangey price action, bulls tried to get a move up, bears are disappointed about the discontinued move lower. Probably sideways here, we'll see..

TheContrarianBull

We had a tight bear channel yesterday, working down 80 pips, now we have pulled back 50% of the move, developed a wedge top, going short to test July 6th low.

TheContrarianBull

Where do we break? We have rising lows and a bullflag, if id take a bet, id wait for upside break

TheContrarianBull

I think the last spike up to the area was short-lived. Triangle has been setting up for a while now, great bet against the market. Stats will play out in the longterm, risk 1.2%

TheContrarianBull

Looking for a deeper retracement below previous higher low, and a bear trap.

TheContrarianBull

Expecting strong bears from inside the range to get out now in 50% retracement to the previous TR after selling more higher.

TheContrarianBull

Hello, An idea that may strike some sense to "divergence" trading, and why you should not be trading reversals, when you are a beginner trader. There are about 5 divergences, indicating reversals inside this STRONG BULL TREND. And you could make money buying anywhere in the trend with a wide stop. Instead beginners are taught to trade reversal because they are...

TheContrarianBull

Hey, just noticed a pattern of peaks and valleys happening over and over on EURJPY past days. Sell idea here. Simple 1:3 to the recent valley bottom after a retest of the previous wedge.

TheContrarianBull

JPY still weak. Waiting for Cad to bounce from BOS. DISCLAIMER: My idea diary, not advice.

TheContrarianBull

Weekly pullback after impulse. Reached 38.2% weekly retracement. Inverted head & shoulders, trend break, good R:R, need to wait for the break and retest, no trade until then, unless something changes. DISCLAIMER: This is my idea diary, not advice.

TheContrarianBull Updated 

Hello, We are waiting for the Right Shoulder's minor uptrend to break, for a retest into a short position towards the neckline. Potential R:R 1:4, during 2nd leg down after retest I am taking half profit and waiting for a minor break of structure to add additional short positions in the formation of a lower high and move SL to above the last lower high. Will be...

TheContrarianBull

Hello, Waiting for the retest of major level to be completed, and for the price action to turn bullish intraday. PS. Not financial advice, this is for my own documentation and shared education.

TheContrarianBull

Hello, possible reversal on EURGBP after a big selloff. Long-term prediction (1-3 MONTHS) -> 0.93 Short term - 0.9 End of the year -> 0.91

TheContrarianBull

Hey, no financial advice here. Just publishing my own trade analysis. Daily candle has pulled back a significant amount. Long wick above, closed below trendline. Look for confirmation when market opens before entering. My trade will be short, SL above trendline. In case the market retests and hourly closes above trendline, I will go long and SL below trendline,...