RTM pattern quasimodo xauusdhi guys
ive think that quasimodo pattern has created on xauusd in 15m chart
and we have two way to get position sell
1) we get short on down line triangle qml and sl will be upper line of mpl triangle + spread
2) we also can get short on down line triangle mpl and sl will be upper line of mpl triangle + spread
in both we can get profit risk/reward 1/3 or we can get profit in price that i shown
what do you think ?
OANDA:XAUUSD
15min
GPUSD ShortOANDA:GBPUSD
GBPUSD broke trend line structure based on the 4H and 1H further broke the 4H support line with a long bearish candle. As I look for entries on the 15min timeframe I see price attempting to make a retest on the 4H support/resistance, and the fibs show a 38.2% fib retracement which is in confluence with the 4H resistance. The 21 EMA is above the 8 MA indicating a downtrend bias. A bearish engulfing candle on the 30 min or 15 min will confirm a sell setup.
NZDUSD SELL NOW!NZDUSD Monthly shows NZDUSD met resistance at the top and starting to look bearish. NZDUSD it has also just bounced off the daily trend, daily bottom channel line and tore thru the 4hr down trendline. NZDUSD is meeting resistance a supply zone but is still showing bullish strength. Before it can make any further moves up i believe price will retrace 0.66307 before continuing to the upside.
ETHUSD 15M Short EntryI made this chart when it respected the resistance, forgot to post it so sorry about that!
Chart is still good to play, treat TP1 like the new resistance line since it was broken through, and so far has been respected. Ride it to TP3, wait to cash the trade and see if TP3 is broken through, if its broken through you can stay in the trade until it hits major support. everytime a take profit line (support line) is broken through treat it as resistance to read the reversal. For example if a candle breaks through and completes UNDER TP3, but the next candle completes ABOVE TP3 that is a reversal and the support line is still good. I'll start posting more frequently so everyone can get in early like I did.
eth 15M LONG or Short Up to 10 H laterlong eth
As long as the purple trend line is maintained and is above 2514 usdt, eth will be able to grow to target 1 at 2623usdt and target 2 at 2720usdt.
sel eth
By breaking the purple trend line and losing 2515 usdt, target 1 at 2461usdt and then target 2 at 2394usdt will be available.
* Attention * All the above content is my personal opinion. Please buy and sell transactions at your own discretion
EURUSD 15M15M current order flow is now Bullish.
We had a discrete BoS at the bottom which
is highlighted.
We have also had two supply levels or OBs
failing which would indicate bullish OF. and we
are currently still sat in discounted market
Note we are still sat in a DIALY OB
I think there are some very nice zones to trade
from both sides of the market. I wouldn't want
to forecast what way we will go first
I will be letting price do its thing and following
the money
EURUSD 15MIN 18-01-2022EURUSD is respecting supply and I'm waiting for it to pullback in the supply. In the Asian session it made a decent drop and it looked like it touched supply but I made a liquidity pool so wait for it to get there and after the grab look for bearish structure
no financial advice
EURUSD 15M15 minute
Structure just broken - Bearish
EOF -Bearish
Structure and EOF changes very quickly once we are on 15M and lower.
We have just hit the EQ of the current 4 hour leg, while sitting at a bullish order block.
There is also a very clean 15M/4H/Daily OB sitting at around 1.13700
which falls nice and low into the discounted leg.
So we can expect to see some reactions here at least.
gold buys .. breakout or fakeout? Gold has broken out of a megaphone pattern that formed at a nice area of support on the daily and 4h chart. I expect gold to continue bullish to retest the 4h trendline that was broken a while back and possibly continue bullish much further. However, I would be happy to take profit at the retest.