USDCAD Potential sell order Bearish Gartley Pattern forming on the 4hr chart. all the details on the chart. Good Luck.!!!!!
to begin with, USD/cad has been progressively bullish, currently, price is still stretching and holding around the liquidity range of 1.33500, this region is in confluence with the 78.6% retracement region. We had candle rejection around the daily ress with a spinning top, now price is evidently showcasing downside movement. 1st target is 1.32250 then we if the...
USD/CHF has been gaining momentum, the monthly and weekly candle both show respective bullish shifts around the 0.9900 regions, am expecting the price to hedge slightly higher to create a right shoulder, which is also in alignment with the 78.6% retracement region.
Clearly, the eurozone has been significantly bearish, here we do have a very clear and perfect setup that clearly distinguishes that price could potentially spike towards our key pocket of 61.8% Fibonacci retracement region in confluence with the trendline and moving average before potentially making a new low to around the new key low of 1.0800.. what could...
The dollar to many investors may be seen as a safe haven, however, the price has approached a very key area of liquidity/resistance, this weekly candle looks like it could be closing as a shooting star, insinuating that there could be huge selling pressure around those highs, we could persist with a higher low being formed before creating new highs. Confluences...
oil has shown a lot of volatility over the past couple of weeks, currently, the price has retraced to cover the gap between the previous event of geopolitical tensions raised in the globe. On a technical perspective, price respected the key 55.00 psychological zones, which also has a key trendline in support, we could observe this as a lower high been formed.....
Good morning people am back to posting frequent ideas... to begin with, the dollar still remains respectively bullish we had the key 99.00 psych region which was clearly a clear barrier, area of liquidity, however due to fundamental positive data and china and the US still centring the attention with a possible trade deal we could expect further highs to be made...
Bearish Bat Pattern on the H4 As Harmonics Pattern mostly seemed like counter-trend trading with Completion Point D (the place you enter your trade order), a price stretched from Point C, where after passing Point B some traders may have the impression that a change in trend is underway. How I like to determine trend is based on a higher time frame than the one...
What are we looking for? The word that many like is "CONFLUENCE". Information that comes from a no. of sources that has similar conclusions or interpretations. Hence this posting is all about the confluence I see. Note: Stoch and RSI for the short term has room for price going higher. No bullish div. visible. BTC daily trade volumes are lower than normal in the...
If we could get more volatility during the US session we could potentially see more price action, price is trading around the intra-day key level, forming a new lower high respecting the 61.8 fib level with the trendline acting as additional confluence. -added positions at the highs already, however considering this is an act of retracement, could expect further...
Am expecting the price to rally towards the psychological region of 1.12000, a new leg could be formed to the highs, price is currently respecting the 61.8% fib with morning star pattern. This will depend on USD potentially weakening, GDP consensus expected to decrease this week could be the obvious catalyst for our bias. Great risks reward 1:2! -Simple & clean...
So i have Current market low @ 78.500 i will take this trade back at the retest and have my SL at prev market high at 78.575 which is a 7 pip sl and a gain of 250+ which is about a 2.5:1 ratio which i will take; with that being said im still waiting for it to retest this area i could have entered on the 5 min chart but i missed it so im awaiting if trades does get...
Simple trade setup, new lower high has been formed am expecting the price to retrace to this region... area of the confluence with the trendline and MA. -For more detail perspective message me directly to join my telegram.
price has tapped the 3rd bounce of the trendline, can expect some form of consolidation before price rallies to upper-bound of the consolidation zone. trade safe and simple.
price retraced to the key trendline creating a lower high, first sign of rejection with a Doji candle tapping the key trendline, am expecting the price to form a new lower low.