EURUSD has been in a complex correction for several days. Looking for price to complete its retracement to 61.8 - 78.6 fibonacci levels where we'll be looking for buying opportunity. LONG Setup: - Watch for a reversal pattern around fiboacci levels. - Stoploss: Below Price after entry or below recent lows ( safer ). - Target: Recent highs and -27 fib Good...
Welcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Price action is failing to break above a critical area which is showing bearish movement. We can see price has approached a double top level that has been rejected and impulsively pushed downward printing a possible H&S pattern within a larger corrective structure. Looking for a short opportunity to bottom boundary around 103.00 Trade Safe
Hi Traders, EURCAD is trading within a descending channel which we could see another bearish move down near the top boundary of the channel. As BOC raised interest rates another 25 basis points unexpectedly, we can expect more bearish downfall. Thanks Trade Safe **If you felt this post was helpful, hit the LIKE button and FOLLOW me for more ideas**
Price action is setting up for sellers to take control as we could see a potential H&S pattern printing within the bear flag structure stsrting from the strong impulse down at the double top range. Wait for bearish confirmation before entering a sell position. Thanks Trade Safe
Price action has developed a larger descending channel on the HTF which in nature is considered a reversal pattern. Looking at the LTF we can see price impulsively reversed from the upper boundary moving correctively to retest the top of channel again. Wait to see if we get a bearish confirmation for a sell opportunity. Thanks Trade Safe Share your opinion by...
Price action is developing a flat formation which we may see one more leg down before the next impulse phase. We can see a clear uptrend in the HTF which a long opportunity at the bottom of this structure giving is double bottoms would be a good opportunity to buy. Thanks Trade Safe Share your opinion by leaving a comment below.
The power of patterns, market leave clues or we say history tends to repeat itself HTF market is dropping in a descending channel to an area of value where it might print out double bottom. Zoom in to 4H we're in a continuation correction/bear flag but before it starts dropping let the market push a bit up and clear out all the previous highs in the correction and...
Price action is shifting from a bearish market to a potential bullish one. Price is currently moving within a decending channel which is at a level that has had a strong reaction too previously indicating that we could see the next bullish phase begin. To add confluence to this set up, we could see a H&S pattern which the Right shoulder could be in the beginning...
Price has created a strong reversal impulse followed by a developing bearish correction indicating more downside is likely. Wait for bearish confirmation before taking this short opportunity. Thanks Trade Safe ** If you felt this trade waa helpful in any way, hit the LIKE button and FOLLOW me for more educational ideas and analysis **
Price has correctively pulled back to an area which we saw a strong impulse push downward breaking structure indicating could see a potential reversal occur at this level. If we don't see a bearish confirmation validating a sell, I will look for a different that meets my trading plan. Thanks Trade Safe ** If you felt this idea was helpful in any way, hit the ...
Price has pulled back to an area of value which we could get a sell opportunity to the rising trendline. If we don't see a bearish confirmation to validate this set up I will wait for a different entry. Thanks Trade Safe **If you felt this was helpful in any way, hit the LIKE button and FOLLOW me for more analysis and educational ideas ** Share your...
Price action is shaping up for a sell opportunity as we can see a price is completing a bearish continuation indicating further downside is possible. Competition of this correction is also a 3rd touch on the upper trend line. Find a risk entry or a reduced risk entry that meets your trading plan Thanks Trade Safe **If you felt this was helpful in any way, hit...
GBPUSD is correctively moving to a double top range which we could potentially see a short opportunity to the bottom of the larger correction. Wait to see if we get a reversal and bearish confirmation. Thanks Trade Safe **If you found this idea helpful in anyway, hit the LIKE button and FOLLOW me for more analysis and educational ideas** Leave a...
Price action has pulled back an area of which we saw a strong impulse breaking downward from a strong structure level. Price has now retraced back to this area which we could see a nice sell opportunity. Wait for bearish price action and find an entry thst meets your trading plan. Thanks Trade Safe **If you found this idea helpful in any way, hit the LIKE ...
If you're a good reader and observer you'll conquer in this game just to read the message that the market is sending you. Imagine someone who's looking for a treasure that has been hidden thousands years ago s/he must go through all sorts of stuff like puzzles, maps, links and so forth but only a good reader and observer will get the location of where exactly is...
Am not gonna write about analysis but something to open up our mind like teach yourself to see and think in long term, history tends to repeat itself, market leave clues/prints, learn to read the message that the market is sending you. I believe in patterns cause they've been there since day 1 THE POWER OF PATTERNS. TRADING PLAN IS YOUR TRADING NAVIGATION
TOP TO DOWN analysis 1W clean W pattern/double bottom formed, 1D market is printing out clean Inverse H&S where as currently we're in continuation correction/bull flag or RS. If we zoom in to 4h we've falling wedge + W pattern/double bottom followed by a LTF continuation correction/bull flag to confirm buy opportunities. TRADING PLAN IS YOUR TRADING NAVIGATION.