GBPUSD - Daily ABC flat + Support & Resistance.Fair setup for long. Good risk/reward based on wave structures.
Happy trading!
60min
BRENT - Daily fractals + wave projection. (UPDATE)Last idea I have foreseen the target to $50 as minimum target. In fact, the target for this quotation (TVC) has already reached.
It is expected to see a correction for the last hourly impulse. First target is the 76.4% retracement (near $47).
Good luck!
GBPCHF - Ending diagonal for hourly impulse.I'm expecting a five wave impulse on daily basis.
Trade with care!
GBPCHF - Impulse on hourly chart & Fibonacci projections.Fibonacci retracement & extension to measure price-action. The interaction between actionary and reactionary waves can be understood with the Fibonacci tools.
Market conditions can be similar in some aspects; however, they are always different comparing to the past. To rely on fibonacci tool for trading it is necessary to have a reason to use it. In other words, you use it not trying to replicate previous scenarios, but to measure what is going on in present.
Happy trading!
AUDNZD - LONG - Potential Cypher or Gartley Pattern60 min
LONG
Blue
Potential Gartley Pattern.
D leg completion at 1.0466
A potential place to go long.
Yellow
Potential Cypher Pattern.
D leg completion at 1.0457
A potential place to go long.
Joël.
AUDNZD - SHORT - Potential Opportunity at 1.0462760 min chart
Short
1.04627 has been a strong structure level in the long term.
Structure was broken, so this level may become new resistance.
Structure level is also .618 Fibonacci retracement of 1.0526 to 1.0363.
Opportunity to short at 1.04627.
Look for more signals.
Potential Targets:
Target 1 at .382 retracement of 1.0363 to 1.0462
Target 2 at Pivot Level S1
I'm looking to share my observations here and start documenting my progress as I continue on this journey.
AUDNZD - LONG - Potential Cypher Pattern Potential Cypher Pattern.
AUDNZD
60 min chart
Long
D leg completion at 1.0466
Potential targets at .382 & .618 Fibonacci retracement of C to D.
I'm looking to share my observations here and start documenting my progress as I continue on this journey.
GBPJPY Double Top 60Min ChartDouble Top After Bullish Trend with Divergence On RSI
Looking to Retracment At 0.618 Fib Level To Sell
Shooting Target to :
1.27 Fib Extension
1.618 Fib Extesion
EURUSD 60min Bear TCTJust got short on EURUSD 60min. We had a lower low lower close this morning signaling more bearish continuation. We just had a very nice pin bar being rejected at the back of resistance. Very small risk on this trade for a descent reward.
Best of Luck
GOLD/DOLLAR - The daily fractal.This is a hourly wave count. For the bigger picture see "RELATED IDEAS".
Happy trading!
USDCAD 60minAs i described in the linked post, I'm looking for long opportunities on USDCAD. Right now, price is forming a tight Ascending Triangle. These Price Patterns typically breakout to the upside. IF, we get a break & close out of the triangle I will get long on this pair.
I will use a trail stop for Target #2's
GBPAUD 60min Balance Area BreakdwonOk let's try this again.. Now short on this pair because of the Balance Area Breakdown.
Hopefully I wont get whipsawed again :)
Targets are down around the 1.58 even level.. Watch out for support around 1.5840 due to the "flash crash" lows.
Best of Luck!
