Gotta love when they happen like this. This one is filling to the corner too. Im expecting a nice and directional breakout. For the time bring im neutral as to which direction but this makes for a great bracket trade with entrie orders both above and below the structure. Whichever one triggers wins. USD is garnering some momentum vs several pairs but so has JPY....
Among the ECB speakers due out over the coming days, President Mario Draghi’s will have the most impact this coming Thursday. Last week we seen this pair basically move sideways, with no direction and then finally broke out to the downside. Overall I am bearish on this pair, during the London open we seen this price retest the "1.1200" area, which allows those...
we have a simple break and retest situation that has happened here. please take proper risk management if you take this trade and dont get in if its left you.
break and retest scenario coming up on EU. im shorting on the retest of the broken support trend line that is now support.
I am still very unsure of what this pair wants to do. As of right now I see a head and shoulders on the higher time frame. I zoom in on the lower time frame and its confirmed. As of right now I am just watching to see what the candles paint. I strongly believe I may be shorting this pair. ***** This Is NOT A SIGNAL*****
EURUSD Gartley formation just triggered for a long entry. Stops below X, 38.2% and 61.8% retracements as targets.
EURUSD may reach a new action point before the ECB and mark a new leg down to the trendline. Once the FED rate hike is out of the desk, the only strengh for US Dollar should come from the risk-off environment. Next risky events are the ECB decision and Chinese foreign reserves plus trading balance stats. Looks like some of them will not be risk-favorable... I...
On FX:EURUSD , the market moves sideways last few days. It found its support at 1.2305 and resistance at 1.1268. The red box shows that the market cannot decide who will get control of the price, Bears or Bulls. The best approach will be to wait breakout and then enter short/long, as people say follow the trend. Few fundamental news coming out today and it is...
waiting for price to rise to 1.12488 before a completion of a Gartley pattern and a short entry. Stops above X targets at 38.2 and 61.8 fib retracement
On FX:EURUSD , market moves sideways, which formed a triangle at 1H timeframe. It gives an opportunity to buy/sell at breakout. However, for conservative traders, you may wait for backtest to be considered as a valid...
My notes on the ICT Breaker concept. The Breaker The open float usually gets knocked out by the Smart Money. When that happens, the move up to trigger stoplosses is called the breaker: Bearish breakers are runs lower Clearing out the previous low Transforming in a bullish market The bottomlevel orderblock will not be reached by the retracement down ...
im short on EURUSD harmonic pattern and wave structre on bigger time frame confirms this for me.
EURUSD potential long setup, it is still in corrective structure in 4H chart, then expecting bounce back. After breaking two trendlines it is good opportunity to Buy EURUSD. GOOD LUCK EVERYONE
Possible 18 month triangle about to end, with one thrust up followed by a reversal down. There are many counts here.....We're not puking lower, so this is possible.
Waiting for price to retrace to 78.6 of XC (1.12995) for a possible short
EUR/USD completed a Gartley Pattern and moved to our first Goal. I entered after the breakout as explained. I'll expect more downside potential. Trade safe, Daniel