In the diagram we see a flag pattern If the specified downward trend line is broken, we expect the price to move up to the specified range. The goals are marked on the chart. TP1 , TP2 , TP3 , TP4 RISK / RIWARD : 6.86
Pair: EURJPY Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern ————— Key Takeaway: Seen break of pennant pattern , now need a push past resistance level ————— Level needed: need a close by 137.250 ————— Trade: Long RISK:REWARD 1:7 SL: 42 TP: 290 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Pair: GBPJPY Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant ————— Key Takeaway: Need a break of resistance and trend line or bounce of both these levels bearish ————— Level needed: need a close by either 162.520 (bullish) or 162.260 (bearish) ————— Trade: Neutral RISK:REWARD — SL: — TP: -- ————— DO NOT...
Over the past few months/years, I've been working through a new predictive modeling system for long and short-term predictive cycle patterns. I think I've DONE IT. What are Cycle Patterns? They are historically accurate price/technical patterns that map out expected types of price trends in various symbols/sectors. Mostly, I've been working on the SPY &...
We have stuck religiously to the support trend line and are now seeing a break of resistance, once we break short term trend line upward, there will be perfect entry for bullish trade
Pair: GBPJPY Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle pattern ————— Key Takeaway: Need a break of round number and resistance with strong bullish momentum ————— Level needed: need a close by 161.450 ————— Trade: Long RISK:REWARD 1:7 SL: 30 TP: 210 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Pair: CADJPY Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern ————— Key Takeaway: Need a bounce off high volume level and push down past pennant support ————— Level needed: need a close by 103.775 ————— Trade: Short RISK:REWARD 1:7 SL: 35 TP: 235 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Pair: USDJPY Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern ————— Key Takeaway: Seen break of resistance and pennant pattern ————— Level needed: need a close by 0.133.195 ————— Trade: Long RISK:REWARD 1:9 SL: 40 TP: 340 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Pattern, breakout and continuation of the trend. Amazing trade, as always, on WTI
BTC look price action on the top to the down side for short term trade.
Solid setup emerging as this stock has based all year long and has major signs of accumulation since its earnings report in mid-May as it forms the right side of a base. Volatility remains contracted near the breakout level, which is a big plus. Potential entry trigger - break over last weeks highs.
Setup - simple base breakout after a solid 70% move off the lows followed by 5 weeks of consolidation. Earnings during consolidation were below expectation. However, after a slight selloff, shares were gobbled back up and volatility was squeezed out right below the breakout level. Half size because the broad market is running a bit hot and could be due for a...
Thank you for your likes and comments! Very appreciated. It is not financial advise, just educational idea See here the S&P500 giving some regular slots but only 1 out of 10 pays. The lesson here is to be verrrry patient. New potential uptrend identified from the green circled candlestick. New potential support probably just under with the dotted line. The S&P500...
Look for price to hold the Moving averages and continue to the down side .......
M15 and M30 are overbought There is a double top with divergence This is with the trend 40 pip stop loss
M15, M30 and H1 is oversold There is a triple bottom with divergence This trade is with the trend 40 pip stop loss
M15, M30, H1 and H4 is overbought There is a double top with divergence There is a pattern on H4 40 pip stop loss
Formed patterns define a kind of perspective for us. Keep in mind that as long as the price range of $1592.81 is maintained, we will not have the mindset to form a corrective trend, so the upward trend can continue up to the white range ($2191.67). But if the current trend is lower than the price range ($1592.81), there is a possibility of forming a corrective...