TradeWithBro

TradeWithBro

After a rally to the upward that lasted several weeks the price has hit a monthly resistance, it subsequently slowed down and it has broken the trend line. The price now is in consolidation and we wait for it to break to the downward to execute the trade. Happy tradding folks.

TradeWithBro

Price is close in some sort of descending channel, we can see 2 similar scenarios 1) if the market close under the EMA under the 1h time frame enter a short target at the bottom of the channel. 2) waiting for the market to consolidate between the yellow and white line before looking to a short opportunity.

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We waiting for the price to consolidate in the area between the blue and the yellow line. Then looking for a long opportunity, we believe that the fact that CAD will increase the overnight rate to 2.25% (1%) more than the UK could give a push in our direction. Be aware that the market recently reacted unexpectedly due to the high level of inflation. If you check...

TradeWithBro

After a bullish rally, the price has made a double top and subsequently broke the trend line of a rising wedge. The price is now consolidating. We are waiting for the price to break the consolidation pattern to execute the trade. Happy trading folks!

TradeWithBro

We have been monitoring the pair AUDNZD as the price has made a double top with a Head and Shoulder formation. We are wating for the formation of the Right shoulder before we can execute the trade. This is a trade that may take some time to develop and we are patiently waiting.

TradeWithBro

Bullish divergence and price action, the price has broken a trend line after having bounced on a double bottom support. Target next resistance.

TradeWithBro

Sell Opportunity for USDCAD. Double Top with rejection. On HTF a M pattern is forming. ON LTF the Right shoulder of an Head and Shoulder pattern is forming. We expect the price to move up and to go towards a Resistence at area 1.2987 where it may find rejection and drop, allowing us to execute the trade.

TradeWithBro

The strong performance of the dollar is the effect all the market, the war in Ukraine and weakness of the euro make me believe that we will see USD 1:1 with CHF.

TradeWithBro

On a HTF we have noticed a double tops which touched an all time high and signalled the beginning of a reversal of the price. On a LTF instead we can see an ascending channel which may signal a correction of the current uptrend. In terms of Resistance and Support, the price is situated above a channel delimitated by 2 important monthly support/res. If the price...

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We are looking to buy NFLX if the price breaks the trend line, we notice a Support level after the gap, the market tested 356 level twice rejected and run-up. Waiting for opening and confirmations.

TradeWithBro

The USOIL is forming the right Shoulder of an Head and Shoulder formation. This is a reversal sign and we expect the price to drop once the shoulder is completed. Watch out for the breaking of trend line to enter a sell position. There are 3 potential targets with the first one more conservative and the second and third more aggressive.

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After yesterday downtrend the price encountered a strong support. The price bounced on it, forming the head of a inverted head and shoulder formation after a double bottom . The price is now reversing with target the Left shoulder and potentially the top of the channel. What do you think about this possibility? Do you agree or disagree?

TradeWithBro Updated 

On HTF the price has hit the top of the canal, where it formed a double top. After the consolidation and the formation of a flag, it's noticeable that the head of a Head and shoulder pattern has been formed. We are now waiting for the breaking of the flag to go short until the formation of the second shoulder and eventually until the bottom of the canal.

TradeWithBro

Hi everyone, a butterfly has developed and we are going long to get the last part of the wing, up to a trend line / meet resistance where the price may potentially reverse. AUDJPY LONG TP: 83.400 Please share your views on this if you agree.