Trade Ideas Educator: NZDUSD BatA bullish bat setup and confirmed, I'm waiting for a check back/ retest in engaging the trade.
Checkback
Trade Ideas Analysis: EURJPY MA double top pattern with an RSI divergence has shown up. I'm waiting for a checkback to engage for the shorting opportunity.
Some may ask, "Hey Rayn. You just got stop out on this, will you still enter?" My answer to that will be, "Hell YES! Only on the trading strategy that I've tested and currency pairs, I'm familiar with."
Trade Ideas Position: AUDCAD SharkA bearish shark with RSI Divergence on the 1hourly chart creates a significant consideration to engage this trade.
To top it up, on the 1-hourly chart(left) there is a 3-bar reversal with a bearish engulfing candle.
Trade Ideas Position: AUDUSD CrabRange Bar chart has set up for a bearish crab confirmation the trade is a complete setup and I have other plans for its target level.
If you wish to receive those, check out link(3)
Trade Ideas Educator: AUDUSD ButterflyA break of the trendline(daily chart) may be a sign for a potential change of trend. In this situation, an appreciation is seen as a false recovery before a significant dip in this currency.
I will be watching closely to see if the check-back of this butterfly pattern provide an opportunity to engage this trade.
Trade Ideas Position: GBPUSD GartleyA trend trading setup presents itself, and it has six signs of a potential bearish move.
1. The market is back to the sell zone.
2. Bearish Gartley setup within the sell zone(supply zone)
3. AB=CD pattern setup within the sell zone
4. Arrow showing selling opportunity and market check-back to the arrow
5. Candle consolidate on the top of the band
6. Crab Pattern Target Profit Reversal Zone
I've already engaged the trade and use the stretch technique on this trade.
Trade Ideas Position: Gold BatA bearish bat setup, X form at the consolidation structure before the drop of gold. This trading setup is an opportunity for both counter-trend trend-reversal trader to engage for a shorting opportunity; the only difference between the two is the target profit area.
Trade has already engaged, what're your thoughts on this?
Trade Ideas Educator: AUDCAD CrabAnother check-back on the bullish crab pattern, having such a long tail in a way comfort me to look for a buying opportunity. That being said, a candle confirmation is required before I engage for a buying opportunity.
Trade Ideas Educator: EURJPY BatA potential check-back on Bat Pattern seems to be not so far-fetched on this setup. It has been 1 of the trade highlight in 2019 and also a missed trade.
Well, patience do pay off, let's wait off a couple of weeks and see if this trade still stands.
Trade Ideas Positions: NZDJPY SharkMiss the bullish run on the bullish crab setup? Well don't be, right now there is a trend trading setup on a bearish shark setup check-back. You just have to wait for confirmation to engage the trade.
On the 4-hourly chart of the NZDJPY Bullish Crab also forms a sideway bounce which gives a potential for a shorting opportunity.
Trade Ideas Educator: CADJPY SharkA bearish shark set up waiting for a retest for a counter-trend move. I will wait for a retest on the resistance as a checkback trade.
Trade Ideas Educator: GBPJPY CrabA Bearish Crab pattern forms within the range of a bearish bat pattern. Looking for a check-back on the bearish crab/bat setup and engage for a shorting opportunity.
What're your thoughts on this?
Comment down below.
Trade Ideas Position: EURJPY CrabA bullish crab pattern with arrow confirmation setup for a trading opportunity as the overall trend on the 1-hourly and 4-hourly shows a rather bearish and selling opportunity, I will be taking conservative targets for this trade setup.
Trade Ideas Position: NZDJPY BatA bearish bat setup on this timeframe does not necessary got me interested to engage this trade.
However, look how nicely the candle close as a long shadow and below the previous candle high. I already have the intention to short at the market based on the daily chart.
This provides a better price entry then to engage it directly on the daily chart.
Just take note is not my usual trade style off 4timeframes away but this is a 1 off thing.
USDJPY-Weekly Market Analysis-Jan20,Wk2A pretty bullish run towards Point D completion does create some restrain in shorting this pair. When a likelihood of another war breaks out in the middle-east region, often not USD is viewed as the safe-haven currency. Many has changed over the years, people start to take JPY, CHF, Gold and even Bitcoin as the safe haven.
Well, is always better to be safe than sorry, I'm waiting for a retest on the resistance before engage for a shorting opportunity.
If a retest didn't occur then I'll engage this trade for a short-term short on the new sell-zone.
EURUSD-Weekly Market Analysis-Jan20,Wk2A bullish Gartley pattern has formed up with a bullish engulfing candle, it sure does shows strength in the upward momentum for a longer-term trend trading setup.
I'm waiting for the market to have a check-back before engaging the trade and that will give me a better Reward: Risk.
What's your trade plan?
Comment down below.
Trade Ideas Position: CADJPY SharkA bullish shark pattern has completed, as well as the 5-0pattern. Right now I'm waiting for the check-back(retest of the support) for a Type2 shark entry.
Pending order has been set, while I'm off to enjoy my weekend.
