Very High Probability Trade (VHPT)A very good trading setup is beeing established here - The perfekt timing to engage in a long position.
From a statistical point of view, we can anytime soon expect high volume and hence easily upwards 300% in price increasement. There exits large upside potentials for this very particular coin
Good weekend traders!
Highprobability
PITCHFORK - Forex EURUSD Weekly Analysis Feb 19th - 23rd , 2018SELL EURUSD
Area: Pitchfork Upper Line
Channel Pitchfork - Descending
Entry: 1.24200 - Median Line
Target Profit: 1.21300 - Lower Line
Next Target Profit: NIL
Stop Loss: 1.25600
Reward Potential: 290 pips
Risk: 140 pips
Reason:
1. Price rejected and made reversal on previous high/upper line high probability heading towards median line then lower line pitchfork.
2. US Dollar also have made rebounce on weekly lower line pitchfork. Expecting strong US Dollar in the coming weeks.
PITCHFORK - Forex USDJPY Weekly Analysis Feb 19th - 23rd , 2018BUY USDJPY
Area: Pitchfork Lower Line
Channel Pitchfork - Descending
Entry: 106.600 - Lower Line
Target Profit: 107.500 - Median Line
Next Target Profit: 108.700 - Upper Line
Stop Loss: 106.600
Reward Potential: 210 pips
Risk: 60 pips
Reason:
1. Looking at Price are moving back to pitchfork channel, highprobability to hit median line.
2. US Dollar also have made rebounce on weekly lower line pitchfork . Expecting strong US Dollar and demand in the coming weeks.
PITCHFORK - Forex GBPUSD Weekly Analysis Feb 19th - 23rd , 2018SELL GBPUSD
Area: Pitchfork Upper Line
Channel Pitchfork - Descending
Entry: 1.40160 - Upper Line
Target Profit: 1.37900 - Median Line
Next Target Profit: 1.35300 - Lower Line
Stop Loss: 106.600
Reward Potential: 486 pips
Risk: 144 pips
Reason:
1. Price are moving in downtrend pitchfork channel
2. US Dollar also have made rebounce on weekly lower line pitchfork . Expecting strong US Dollar and demand in the coming weeks.
PITCHFORK - Forex USDJPY Weekly Analysis Feb 26th - Mar 2nd 2018SELL USDJPY
Area: Pitchfork Upper Line
Channel Pitchfork - Descending
Entry: Instant/106.500 - Upper Line
Target Profit: 105.800 - Median Line
Next Target Profit: 103.900 - Lower Line
Stop Loss: 107.500
Reward Potential: 260 pips
Risk: 100 pips
Reason: Last weekly analysis price fail to move higher on upper line and make reversal on median line (refer last week analysis)
Target price to hit median line, you may lock profit here or next probability target to hit lower line pitchfork.
PITCHFORK - CFD XAUUSD Weekly Analysis Feb 19th - 23rd , 2018SELL XAUUSD
Area: Pitchfork Median Line
Channel Pitchfork - Ascending
Entry: 1350.000 - Median Line
Target Profit: 1329.500 - Lower Line
Next Target Profit: NIL
Stop Loss: 1357.000
Reward Potential: 2050 pips
Risk: 700 pips
Reason: Price seems to heading towards lower line pitchfork, retested on median line and failed to breakthru median line.
US Dollar also have made rebounce on weekly lower line pitchfork.
PITCHFORK - Forex EURUSD Weekly Analysis Feb 12th - 16th , 2018SELL EURUSD
Area: Pitchfork Median/Upper Line
Channel Pitchfork - Descending
Entry: 1.24200 - Upper Line (Pending Order)
Instant Entry: (Trade At Your Own Risk)
Target Profit: 1.21200 - Lower Line
Next Target Profit: NIL
Stop Loss: 1.21200
Reward Potential: 300 pips
Risk: 25 pips
PITCHFORK - Forex GBPJPY Weekly Analysis Feb 12th - 16th , 2018BUY GBPJPY
Area: Pitchfork Lower Line
Channel Pitchfork - Descending
Entry: 151.530 - Lower Line (Pending Order)
Instant Entry: (Trade At Your Own Risk)
Target Profit: 153.190 - Median Line
Next Target Profit: 155.230 - Upper Line - High Probability
Stop Loss: 150.530
Reward Potential: 370 pips
Risk: 100 pips
PITCHFORK - Forex USDJPY Weekly Analysis Feb 12th - 16th , 2018Pitchfork Weekly Analysis
BUY USDJPY
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: 108.600 - Lower Line
Target Profit: 110.120 - Median Line
Next Target Profit: 111.600 - Upper Line - High Probability
Stop Loss: 108.000
Reward Potential: 300 pips
Risk: 60 pips
PITCHFORK - CFD XAUUSD Weekly Analysis Feb 12th - 16th , 2018Pitchfork Weekly Analysis
SELL XAUUSD
Area: Pitchfork Median Line
Channel Pitchfork - Descending
Entry: 1326.00 - Median Line
Target Profit: 1303.00 - Lower Line
Next Target Profit: NIL
Stop Loss: 1329.00
Reward Potential: 2300 pips
Risk: 300 pips
POE smaler bullish pennantPOE is forming a small 30 min bullish pennant in addition to its larger daliy pennant. With the release of who their new CEO will be right around the corner, I think POE will go up a whole lot (FA and TA combining).
PITCHFORK - Forex USDJPY Analysis 2018 Swing Trade SetupUSDJPY
Analysis & Forecast for 2018 based on Pitchfork Trading Strategy
Current price at Lower Line , if price continue to push above Lower Line
Opportunity to Long USDJPY and High Probability price hit Median Line
Stronger DXY US Dollar in 2018 will help to push it higher
if price make a break on Lower Line this setup is not valid