CADCHF very long TFI believe the best way is to buy dips on this pair until it will reach at least 0.75
maybe we will have an extra change with the JPY getting stronger..
of course, I will not get all in from the start, since it can go much lower
Multipletargets
My Insane Price Map of GBPUSDThis is a multiple target price forecast and is aggressive to say the least, having 6 price objectives. This is for fun anything can happen in the market. While I don't believe the market to be random, I don't think that it is that predictable.
Prices shown are my estimate followed by a range of 10 pips, 5 on each side of price, to account for volatility. Step #4 has a larger target range as noted.
1. I think GBPUSD will first retrace to approximately 1.3705 (1.3700-1.3710), this is within the Fibonacci 50-61.8% retracement.
2. After retracement I think price will impulse bearishly to 1.3647 (1.3642 - 1.3652), this will fill inefficiency and grab some liquidity before reversing for a break of structure. The direction of this false break out I think is the actual intent.
3. After triggering sellers into the trade and hitting buyer stop losses, price should impulse and bullishly break structure to 1.3773 (1.3768 - 1.3778). This would draw in breakout buyers, while triggering seller stop losses above the highs. This level also is within a higher time frame supply zone. The impulse away from this zone should create another supply zone that would be utilized in the 5th leg of this map.
4. After leaving the higher time frame supply zone, price should impulse to 1.3608 (1.3580 - 1.3612). This range is larger due to the open inefficiency that price might fill before retracing back to the supply zone created in #3.
5. Retrace back to supply zone created in #3 to 1.3750 (1.3745 - 1.3755), this would be a deep retracement back to supply and would print what would be considered a head and shoulders pattern.
6. Impulse from the new supply down to 1.3525 (1.3520 - 1.3530). This price objective is by my own method, coincidentally it lines up with a prior support and resistance level.
These are my thoughts based on some widely known analysis methods and some proprietary methods that I've been experimenting with. This is not financial advice or a signal. Take a look and follow along to see if this idea plays out. I'm certain these steps of price are on a sliding scale of improbability as the steps progress.
Federal Bank - Expecting Huge breakouts in upcoming days.Federal bank is set to fire in the upcoming days. Expecting huge targets.
Breakout of long term trend line with great volumes.
Golden Crossover of 50-200 EMA.
1st Target - 78++.
2nd Target - 90++.
Maintain stop loss of 68-69.
BLZ/BTC - Short-Medium-Long Terms - 4 possible scenariosBLZ/BTC - Buy zone between 2060 satoshi and 2120 satoshi.
Scenario 1: 6.23% profit / 2250 satoshi - Target 1
Scenario 2: 15.90% profit / 2455 satoshi - Target 2
Scenario 3: 28.13% profit / 2710 satoshi - Target 3
Scenario 4: 44.74% profit / 3070 satoshi - Target 4
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Multiple targets 'pullback strategy'Open two same positions at pull back engulfing or pinbar candle....
first target should be 1:1 RR and second position 1:2 or 1:1.5 ....
when u hit ur first target move stop loss from second position to break even and u cant loose from second position yet u can win additional pips.....
on this example we hit first target and hit break even on second... so we are in profit!
Stock Market, DXY, and AmericaAs many financial events are taking place on the fundamental side such as trump's speech tonight, breaking price highs and lows from a -5 years has occured many major market oves plus allocation of funds normally placed in these markets were transferred to the cyrptocurrency market which will be be moved to the bonds, and safer investments. Dxy is on a strong support, the stock market which was making highs while the dollar was making lows,and they are both turning around together.
Gold sell is looking great, you can trade the dxy actually so i will be in both of these pairs.
looking for dxy to hit the tp listed.
Rsi is beyuond overbought or oversold depending which slot the USD on the ticker code.
Advanced Pattern & Elliot Wave confluence +300 Pips OpportunityNice high probability , multi argument short opportunity on the daily. In line with a short trade on EUR/GBP that I opened yesterday.
Euro showed some strength since the first round of the #frenchelections2017 and the US dollar surely suffered after the #Trumpleaks. These fundamental facts pushed the EUR/USD with some significant momentum into an interesting resistance area. A combination of a completed 5 wave Elliot move + BatPattern + RSI overbought. Target on the 38.2% retracement should provide more or less 300 pips. If price comes back and double tops at entry a second chance is provided to target another 300 pips.
Those brave traders who are willing to sell into strength may receive some significant return if this strategy pays off. BatPattern, especially on EUR/USD have a high rate of success but remember, no trade is a sure game!
Gold moving upAfter a long decline OANDA:XAUUSD stopped making lower lows and lower highs. On the higher timeframe gold touched 76,40 retracement (2015 low to 2016 high)
Price is also slowly crossing 10 Daily EMA.
2 targets with stops around the last low (12/15) and S4 pivot support
Let's see.
AUDUSD - Potential GartleyPotential Gartley formation on 1 hour chart.
Daily chart shows that market seems to be starting a downtrend.
GBPUSD multiple set-upin a first time : will retest daily support SELL
in a second time : will form triple bottom and then rocket up to monthly level BUY LIMIT
NZDUSD: Bearish Bat (Great Risk-to-Reward)Hi Traders,
There is a bearish bat formation completing at 0.72030. Current market price is still fairly far from our entry, and if price falls below the point marked 'A', this pattern and trading opportunity will be invalid.
Entry: 0.72030
Stop: 0.72320
Target 1: 0.71620
Target 2: 0.71330
As with all Bat pattern setups, this trade has an excellent risk to reward ratio of approximately 1.5:1 to target 1 and 2:1 to target 2.
If you found this idea useful, leave a like or comment, I appreciate your feedback.
Luke
NZDCAD outlook LONG TERM trading The pair had a bullish week at moment on the way to Major RES.zone which rejected bulls more than 4 times.
Pitchfork-Fibo Sup.Res. lev. 95.500 / 96.500 as a crucial point.
If we get the 5 attempt at cracking this Crucial Point, a big move to the upside for new higher.
1 Correction and counter-trend bounce.
2 breakout for new high
3 bearish abcd pattern sell zone.
let's see :)
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USDJPY: Beautiful Reversal SetupHi Trader,
Thanks for checking out this idea.
Here we have a beautiful 2618 setup formed on the hourly timeframe. It's not often that the double bottom is so nicely formed with symmetry and all, not that it changes the plan in any way :) The 2618 is a reversal strategy, so this is therefore a counter-trend setup.
Price is currently around 100 pips above my entry point of 108.400, therefore it is very likely we will make new highs before pulling back. If this happens, I adjust the fibonacci levels accordingly, and the entry is moved up to whatever price the new 61.8% retracement comes in at.
The reason we enter at the 61.8% is because it provides a greater than 1:1 risk to reward on the trade, and that is the entry point I have back-tested.
If you like this setup, leave a like, it's free and I really appreciate the feedback.
Good trading,
Luke
