Possible long on Flag pattern / break of upward trend / SD zoneLooking to go long if the price breaks and closes above 1) trendline 2) supply demand zone.
RR 1:1.36 .
Profit: 24 Pips
SL: 17 Pips
15min
Long USD/CAD on 15 min - double bottomLooks like we have a double bottom on the 15m chart. And a bullish engulfing candle on retest of the low (second part of double bottom on the 1 hour ). Looking to go long up to resistance line 2. Once we get to resistance line 1 I will roll my stop loss to break even.
Take Profit: 42 Pips
Stop Loss: 22 Pips
Possible Long on breakout on 15 min chartIf price breaks out of consolidation, enter on a retracement long.
Two positions:
Position 1 RR 25 pips 1:1 .
Position 2 RR 51 pips / 27 pips 1:1.87
USDJPY Potential CypherPotential short term shorting opportunity on this pair. The D point of the Cypher has just been touched at the 0.786.
RSI is showing divergence and the area also lies at point of higher time frame structure.
Stops are going above X with targets placed at the 0.382 of the C to D move
EURUSD 15 min BatHi all,
I hope you are having fun with this wild pair.
On the chart we have a bat pattern in the make with D approximately at 1.0666
where it will meet a proven trendline resistance. For me targets will be dictated
by andrews pitchforks, each arrow shows the subsequent target.
The last arrow going up shows a potential future long trade.
The potential risk-reward is massive with this trade but if you go for the ultimate
target be ready to hold for some days. The traditional bat pattern targets will provide
good risk-reward so trading those short term is absolutely fine.
First target @ B would already give you R-R of 1:3
Goodluck guys!
To big support lines to prevent some rollback... There is a rule - don't catch a falling knife, but I will try... to big support lines here. The should generate some roll back...
Gartley - Bearish USD/CHF 15 minutesBearish Gartley pattern on 15 minutes chart B point at 61.8 and C point at 78.6
SPY Short Term ResistanceSPY has been put higher lows over the last hours of trading, A good catalyst like the Fed Meeting will make it break through the 237 Level; it will encounter some key resistance level @ 237.30 (near 200 SMA), but keep in mind that in the big picture, SPY has a powerful uptrend
EUR/USD BAT Pattern - Bearish 15 minutes BAT Pattern on EUR/USD 15 minutes with a 50.0 retracement n XA and AB, PRZ at 88.6 of XA
EURUSD longBaised on previous analysis posted earlier I have a bullish bias on the long term eurusd, while waiting for price to continue to rally after the retracement, this looks like a buying opportunity if price could break above the above the previous resistance
Butterfly Pattern - BearishButterfly Pattern Bearish on GBP/USD 15 minutes B point at 78.6 of XA and C point at 78.6 of AB. AB = CD 1.272 at the 61.8 of the Friday bearish fall ( Red Line) and BC 1.618 Extention completes the butterfly pattern
USD/CAD Gartley & Butterfly 15 minutesGartley pattern on USD/CAD is complemented with a Butterfly pattern t the completion area.
USDCAD short trade 65m chart scalp
Round number rejection
Daily momentum down
1H momentum down
15m momentum down
MA50 rejection on 15m chart
MA200 rejection on 5m chart
Trend line rejection
Slowing down , pin bar and engulfing on 5m
Enter 1:1
