GU Break and retestprice made a reaction zone on HTF i found my entry on an engulfing on the 15m lets see what happens it looks very solid
Breakandretest
NZDUSDGang NZDUSD is looking very clear bearish move, price has broken and given a small pullback back to entry, perfect moment to enter. There's clear divergence between the RSI, and daily price action, we placed our trend under the highest high's pullback, Once broken trade is active. Head on over to my Signature on my Trading View Profile Page, Click & Follow Gang
SELL for 135 PIPS FREE SIGNAL Classic break and retest structure
SELL CADJPY @ 79.53
TP1 79.15
TP2 78.70
TP3 78.18
SL 80.00
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GBPAUD Double topNice, simple & clean. Double top, neckline has already been broken, now we just need to look for the retrace - its always possible that this wont give a full retrace, or it may even over extend to the bodies of the candles on the neckline. nice drop off on the MACD across the peaks, and a trend break to vouch. Price action also looking very nice for the bears. I'm looking for this to push up a little, then short this pair. As always with these patterns, targets are fib extension - 1 & 1618 of the pattern itself.
I will be in the LTF's looking for confirmed short entries.
nice and clean short setupLooking good for shorts here if this candle can close below the neckline. Nice and simple. Trendline break, double top, Divergence on the peaks and bearish price action.
1.962 is the neckline. TP1 = 1.946 TP2 = 1.939
Targets are conservative fib targets for the break of the double top - this is only valid if this 4 hour candle breaks and closes below the neckline - simple break and retest.
GJ Break and RetestI recently closed my position on this setup it was a break and retest and price fell beautifully. My confirmations were the Fibonacci and also seeing my moving averages cross. I did enter as the candle was heading down, and it continued to fall in my favor. on the H4 the candle was a strong Bearish candle at a HH point in price action. All in all this was a nice setup the only thing that wouldve made it a bit better wouldve been for the engulfing on the H1 to actually Close.
DE30Index, possible sell coming.Germany30 has broken below a 4H support zone and has returned to this area. Monitor closely on a lower time frame to see if price decides to respect this zone or break above it. If price continues to reject this zone and we see a reversal pattern form, we can look for a bearish entry. However, if price breaks above this zone we can wait for a retest before looking for bullish trade setups.
PriceTrap IDEA..... 04-11-2020Trade with Caution due to Elections
Break and retest of zones
( rules on the chart )
harmonics scanner confirms SHARK pattern for a BUY...
1:1 Risk/Reward
30pips SL
30 pips TP
USDCAD BUY (Signal #4)This is on the 4H chart, and we can see a strong support.
Take a look at the chart:
1. Price fails to break support
2. Fails again
3. Breaks support
4. Retest
It couldn't get simpler than this, a simple break and retest on the 4H chart for USDCAD, with great upside potential and R:R. The US election on November 3 could completely disregard our technical analysis and unexpected moves will happen. Due to that reason, I will not be taking this trade personally. In the event that Trump gets elected, this trade will hit TP almost certainly. If you decide to take this trade, use very low risk.
Entry Price: 1.32590
Take profit: 1.33557 (100)
Stop loss: 1.32058 (50)
GPBUSD for the week ahead (01/11/2020)Price tested a major structure, therefore we can expect price to reverse.
If so, it should break through previous structure high, breaking the descending channel as well.
If not, just adapt!
GBPUSD
NASUSD100A simple, yet powerful 'Break and retest strategy' alongside 'correction' moves make, for me, the best confluence one can have.
Clean naked chart, Market structure and Price Action, baby!
Buy Bias, after break of previous structure low.
BTCUSD LongFound a long entry on btcusd, price already retested structure... Used my method to place a sniper entry.
BREAK N' RETESTCADCHF broke it's major support and retest it as resistance.
With the pinbar price action and the impulse that is preparing right now it shows us that it will keep going its downtend.
Price Trap (USD/JPY) IDEA......Wait for break AND retest on the 1 hour TF
enter 15 min TF
CONFIRMATIONS OF 2 BULLISH or 2 BEARISH candles DEPENDING ON BREAK OF ZONE (FLOOR OR CEILING)
25 Pips TP
25 Pips SL
1;1 RISK/REWARD
EXAMPLE
0.01 per every £100 in account
0.02 = £200
0.03 = £300
0.04 = £400
0.10 = £1000
GBPAUD STOP HUNT SHORTPrice broke through clean highs taking out stops on two different levels, this will fuel a larger move to the downside. the movement back within and retest to the zone that was made before the clean highs were broken is my confluence for my sell. on a lower time frame its easier to see the swing failure pattern right into the zone. PRICE IS GUNNA DROP
USDCAD SHORT Clear break and retest with a lot of rejection here at this minute 15 zone. There are lots of rejection at the golden fibonacci zone. Price is also retesting my 20ema. I will be going short here. TP 1 is -27.00 extension and TP2 is -61.8. My SL is set above the highest wick rejection here. Lets let this baby play out
AUDCAD, break and possible retest.Price is at a high probability support and resistance zone which also aligns nicely with a 6H trend line. Drop to a lower time frame for signs of rejection and a better entry once price continues to respect this zone. Happy trading!
Side note: I've been absent for a bit because of some personal things I was dealing with but I must say thank you to euphoriant_one for sending me a message today to let me know that I've been missed. I greatly appreciate your message and concern. Thank you and I'm back now :)
Price Trapped Idea2 pip stop profit 10-15 pips
1st order 30 pip TP
2nd order Trail Stop Profit
30 pip SL
eg. 0.5 + 0.5 =0.10 (£1000 account)
entry on 15 min TF
EURAUDPrice seems to go to retest the support zone. Patience wins, so let's see if the support zone will cause rejection or we will see continuation towards trend line below for future long trade opportunities.
NZDCAD FOR LONGThe NZDCAD analysis is a long for me. looking a a retracement to either 50% or 61.8% fib.
NOTE: Not a recommendation. Just an opinion.
USDCAD SHORTClear break and retest here on the minute 15 chart for USDCAD. Price is also under the moving average signaling a downtrend, with there also being confluence with the Fibonacci. Im going short here with TP2 at the next support level. TP1 Is midlevel or my -27.00 extension. Lets be patient here
