A Bearish Butterfly Pattern on the NZDJPY 4-hourly chart within the sideway increase volatility setup is almost ready, close below 87.88 is required for a final confirmation but that is your decision to make.
Trendline Break could be a trading opportunity for traders looking to short the USDCAD. Friends that had shorted the USDCAD on the 4-hourly chart before might have a second chance trading opportunity.(check link within tradingview)
I'm waiting for a Bearish Butterfly Pattern check back at 1.2308 for a shorting opportunity. This is a counter-trend trading setup and if this suits you, it is something you want to look out for.
Last night during our live session in trading view(www.tradingview.com). I've mentioned that there's no need to chase after the USDCAD trade as there's a rate hike decision happening in less than an hour. If it's your trade to take, you will have another opportunity. Missing a trade is better than getting into a trade you aren't supposed to take. I'm waiting...
It's amazing that for more than a week, the market trial along the tip of the ascending channel; shows that the market has hesitance to break and close above the channel. That is excellent news, as I plan to short the GBPUSD off the Weekly Resistance Level. You could check the related ideas within the tradingview post for my lower timeframe strategy. If a break...