Hi guys, Been long on GBP/JPY since yesterday. The pair broke a resistance which should - technically - act as a support now. I will add more to my longs as soon as the pair breaks its resistance - around 136.050 - and will target the next one around 137.400 - 137.550 area. Trade at your own risk
JUST MARVEL AT WHAT THE MKT DRAWS SOMETIMES. LOOKS LIKE A STAR CONSTELLATION OR SMTH But yeah, the pair will probably move the way I've drawn it too, so watch out for longz _______________________________________ LIKE for the pretty pic, SUBSCRIBE for more COOL stuff
Hi guys, I took this trade a couple of minutes ago because it seems the pair is ready to push higher to its next resistance level which is a strong supply area (confluence zone). Price is also currently above its pivot level. I opened long my trade @ 135.740 and I will target the 136.400 area, so a potential 70+ pip trade. If it breaks I will look for some...
Hi everyone: Looking at CADJPY for further downside potential. Price had a strong bearish move to the downside, and we see a sizeable correction forming here. I would be patiently waiting for the correction to complete, and a confirmation breakout to look for LTF corrections for the sell Look to see what price will do at the recent lows. thank you
Hello traders: USDCAD is looking very clean for the next push up. Price has manage to break out of the HTF descending channel, and had a confirmed bullish impulse up. Latest price action is also forming another correction, good indications for continuation of the USD strength. Currently price is still in this correction, I would wait for confirmed breakout,...
Hello everyone: NZDUSD had a strong bearish impulse down from the recent double tops, and price manage to broke right below the HTF channel. Price begin to form a correctional structure, good indications we can get the bearish momentum to continue. I will wait for the correction finished, and look for LTF continuation structures to get in the sell. Thank you
BARTLEY Pattern on FB stock 4h chart The price might head down targeting 251.81
Ticker: $SPY SPY dropped down to lower lows WITHOUT any follow through. This gives bulls the chance to get some sort of bounce going to start next week. Like always, volume will be key if this is indeed a bounce or "significant" bounce. Bulls have to break 331.20 resistance to start the week in order for us to say our weekly lower high (319.80) is set. The $NDX...
Hi everyone: Looking at GBPNZD for some sell opportunities. Very similar like EURNZD, we see price is in this overall structure after the HTF bearish impulse. What I like about the latest price action is we have a potential double tops on the intraday, and price is forming this larger expanding structure, and looks like a reversal can happen from the...
Hi everyone: EURNZD is showing us a good structure development, and we could potentially see this sell opportunities from the top of the structure. We See the overall price had a bearish impulse down from the previous head and shoulder pattern, and begin to form this larger expanding structure. Price has been moving up and down, and we see price is right back...
Hey guys, I thought I'd share a small trade I took this morning. As you can see on my chart, a high was formed on M15 followed by a low, then a lower high and a lower low. The idea is to wait until the lower high is broken and watch for a pullback to our level of interest (=retest in the demand zone) which is the area between the left shoulder and the lower...
Hi traders: Looking at GOLD for potential sell move down to the previous lows. We have seen GOLD consolidate for a while since the strong bearish drop from early August. Price has been in a side way consolidations, and we see many LTF corrections and impulses. Latest price shows a recent double tops, and price impulsively break below the correction its in,...
Hi everyone: Keeping an eye on USDCAD for the up coming days. We saw the price had the bullish impulse out of the HTF descending channel structure, and has hit the recent tops before dropping down a bit. Then, we see a period of consolidations, which is usually a good indication that we may see another impulse out once the correction finishes. Latest price...
Failed to stay above 50 & 21 SMA. Rejection of the bounce with heavy volume and heavy selling from the start of the session. Bad news for demand forecast. Get out!
US30 is currently sitting around resistance so we will be looking for sell setups. We have a channel in red and a head and shoulders pattern acting as an add-on. we also have a divergence adding more confluence to our setup. Our trigger would be after a momentum candle close below the gray area. Our stop loss goes above the right shoulder, and as usual, we...
Hi traders: Looking at AUDUSD for USD bullish potential move. We see price has been in this overall HTF correction, moving the price up and down. Latest price action show a double top on the HTF, and price impulse down. We then get this larger type of channel structure, correcting the price once again. I see 2 possible sell options either another push up...