Infinity BUY Stop Idea AUDCADI'm thinking about an Infinity
BUY STOP AUDCAD
@ 0.93084
TP1: 0.93231 ( 15 pips)
TP2: 0.93384 ( 30 pips)
Trend Stop: 0.92717
Disclaimer: This is just a trade idea.
Trade at your own risk.
Infinitytrades
BTCUSD 10K BULLS MARKET CONTINUATION TRADING AT ITS FINEST, CLEAR INVERSE H&S PATTERN A BREAK OF THE 8346.90 PRICE (PREVIOUS RESISTANCE ALIGNED WITH NECKLINE) WILL ENTICE ADDED BUYING PRESSURE AND WE COULD SEE A RE TEST OF THE 10000.00 ZONE
infinity trades nzd/chfh4 uptrend break after retesting key resistance zone using roll reversal with h1 confirmation.
infinity trades EURUSD Beautiful example of a descending channel formation, using the Daily confirmation coming off the re test of the channel low we can see a clear indication of buyers in this market how ever going against the current direction of the bearish market we will need clear confidence in bullish momentum to insure this currency reverses its current structure, if we do gain a long entry we will be assessing TP1 for a potential continuation trade as to where we could enter a short entry and trade the bearish continuation which has more probability. Depending on the market conditions at the time this will determine how we approach this set up.
infinity trades EURAUDAnother great potential to trade the h4 support zone aligned with an ascending trend level also this bias goes hand in hand with our EU mark up and it also shows potential to trade the bearish structure again mirroring our EU set up. Excited to see how both these pairs run on the open market.
USD/JPY short bias ideaAnticipating a profit take after exhausted buying pressure. We could expect a short term snap back before the market continues.
short idea for the AUD/NZD Continuation trading this pair with simplicity. Once we see a break of the 1.0372 zone we would expect bearish momentum before we see any instituaional market recoveries.
infinity trades nzd/jpy long biasAfter missing our entry for the long last week as posted on our page, we have now been given a chance to re enter, after last weeks failed attempt to break and close above our TP1 zone the market experienced a short term snap back, again we are looking to gain buying momentum around the ascending trend level on the retest. Our stop loss is below the previous last swing low also below a technical price this protects it from any potential stop hunts or fake outs that may occur.
INFINITY TRADES GBP/USD LONG IDEA Simple understanding of the current market structure, we can see bullish indications after positive Brexit talks that recently occured. We would expect a small pull back to re test our entry zone as marked on the chart, before finding buying pressure and making a move to the upside we shall alleviate risk at our TP1 as its a very technical area as to where we would need to see a break and for the market to close above to give us a clear indication that this price is going to be contiued to traded above therefore continuing the bullish structure.
infinity trades nzd/jpySimple continuation of the h4 bullish structure. After respecting a sig level @76.33 we can see a profit take occur which has caused a short term snap back to our potential entry price @75.60 we will asses price action at this price and anticipate buying pressure being added on the basis of the ascending trend level being re tested this will give us confidence in a bullish market.
We have chosen the 76.33 price for our first target for same reasons as explained above our technical target is @78.00 handle the stop loss for this trade is sitting below the last swing low also below a natural price of S/R.
infinity trades EUR/CADHere we have a great example of a structure change with in the market, as you can see this pair has been creating a series of LL and LH along with forming a descending channel, we can now see a psychological break of this bearish structure by breaking and closing above the descending trend price which confirms a new HH, after retesting a previous resistance we now have a h4 snap back to re test trend resistance as trend support where we could confirm our new HL this will give us confidence in a new bullish structure being formed.
infinity trades AUD/NZDh4 indicating term invesment to the downside. We would expect some corrections around our technical target.
INFINITY TRADES USD/JPYHere we have a great example for a bullish continuation as you can see a clear market making higher highs and higher lows. We're anticipating a pull back upon market open to retest this key previous daily resistance price @110.00 (handle) as the new weekly candle will be making its lower body/shadow before correcting its self, i would like to see a clear indication of buying pressure around this price to confirm the role reversal for our potential entry, after confirming our entry we should see a re test of the 110.45 price as this is a key previous support we will alleviate risk at this level. Once we see a break and a close above this price we should see a bullish week moving up to re test the 111.35 area again a key previous support we would expect a profit take at this price hence why we wouldn't won't to hold this trade after a retest of this zone our stop loss is simply below the key daily resistance and also below a previous consolidation zone.
infinity trades USD/CHFThis mark up goes hand in hand with our USD/JPY technical mark up again you can see this market making a series of higher highs and higher lows, Also confirming an ascending trend level logically speaking we should see a continuation to re test the previous shoulders as marked on the chart how ever this is forex and we could also anticipate a break out as the highest price traded previously has come from a strong previous resistance as you can see on the macro picture if we where to trade the break out we would like to await a clean break of the neckline this will entice sellers in to the market but not before we see a pull back to collect stop losses of un educated retail investors we will await a break of the neck then asses the pull back to retest the previous ascending trend support as a trend resistance using the trend reversal for our market reversal confirmation.
This trade will need patience and a good understanding of the live chart.
AUD/NZD short idea market continuation using a h4 role reversal for my entry we would like to see a break of the 1.0365 price this will give confidence in a bearish market.
