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Highprobability

GBPUSD high probability entry setup in the next few hours.There is possibility of a head and shoulders pattern forming, along with macd divergence, and a break in the uptrend, IF and only IF those three come true, we have a chance of entering the trade when price retests the neckline and starts moving down. Only once that retest is complete and price starts it's journey to the downside will we even think about entering this trade. Set a "crossing up" and a "crossing down" alert below the neckline to make monitoring this possible set up easier for you. Remember not to over leverage any position no matter how "sure" you are.
Short
by yashp1
BEARISH BAT PATTERN ON NZDUSD / GOOD RISK REWARD / WITHIN TRENDUpdate on NZDUSD: Coming right into previous resistance which is typically a good way to look for a shorting opportunity. In this case the market gives us a bearish bat pattern at the 88,6 %Retracement from X-A. Moreover the Completion point D lines up perfectly with the 61,8 % Retracment from Swing High to Swing Low. Targets and Stops as shown on the chart. Make sure it fits your personal trading plan! Have a great weekend! Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
Short
by WirmachenTrader
USDSGD - Selling pressure is still ON!Reason2Enter: Mid Term - USDSGD on selling pressure Since February 16. Overall bias MT is still downwards. However price met strong buying pressure @ 1.3422 that cant seem to penetrate through just yet. Trade idea: Sell when price hit obvious Resistance level @ 1.3700 area, Intraday, 5min, 1hr, 4hr. Stop loss 50 - 100pips depends on your TF. Take profit around 1.3572 for a 2-3R trade. If Price shoot past my SL, look to sell @ 1.3850 area.
Short
by Future6packs
THE WEEK AHEAD: TREND CONTINUATION VIA BEARISH GARTLEY ON AUDUSDWe previously had a first signal that the short-term bullish moves (remember: we are heavily bearish on the daily time frame) could come to an end. The arrow shows the close below the previous low. We therefore looking for a shorting opportunity on this pair which lines up in form of a bearish gartley pattern. Beside the standard target 1 (38,2% oft C-D leg) I will trail half of the position to the lowest close at point C. Stops have to go above X , according to your personal rules of engagement. Have a great week of trading. Felix
Short
by WirmachenTrader
1
Trend Reversal on AUD/CAD... Inverted Head & ShouldersPrice has been down trending since April 2014. Obvious swing highs and lows. The upside rally in January 2015 created a higher high and also a resistance at the 0.99600. Price has retraced and could be forming an inverted head and shoulders pattern. The strong engulfing candle is the signal to go long and marks the potential end of a swing low. Entry price is just above the engulfing candle. The stop loss just below. Take profit #1 is set at the 0.99600 resistance. Take profit #2 at clear 1.02000 resistance.
Long
by www.love-the-pips.com
NFLX head&shouldersHigh-beta names feels a bit heavy at this point after a big run since mid of May. In Netflix, after it borke up bear chanel, it had a nice and clear move following the 8-day EMA from $350 to $475. It failed to hold above previous high $458. Right Shoulder was re-test of this resistance that is still in tact. Entry Short on break of neckline around $433-$434 could give us high-probability trade. For trader with different risk parametres you can use earlier entries with tighter stops. This time I don't have well-defined target, reasonable level is $417.20 base support. I will measure and update.
NASDAQ:NFLXShort
by andrew.berg
1