Pullback to Retest TrendlineCADJPY is making its way back up to retest the previously broken ascending trendline. We will be looking to enter shorts on the 0.618 fib retracement level.
Pullbacktrade
Trendline Retest| Short Setup Looking for a pullback on 0.618 fib retracement to retest the currenct descending trendline and continue to the downside.
Ascending Triangle on FETCHHello, Traders.
FETCH/BTC is breaking out an ascending triangle, the entry point is on the pullback of the accumulation and the target will be the next important resistance around 0.00000413
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GBPAUD BREAKOUTWaiting to pair pullback and go down.
Do your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EURUSD Short Setup Looking for a pullback towards the o.618 fib level to potentially retest the current descending trendline
Unfilled Gap | Short SetupExpecting to fill in the gap on AUDJPY and continue with the bearish trend. Selling on 0.618 fib retracement and a potential retest of the respectable descending trendline.
H&S Long SetupPotential H&S pattern developing on Gold. Will be looking to enter longs on 0.618 fib retracement area, in respect to the previous level of major support.
Unfilled Gap | Short SetupExpecting to fill in the gap after the weekend, and develop further downside from there. Looking to open shorts on 0.618 fib pullback and retest the current descending trendline.
The Golden Pocket | Long SetupEURCAD approaching back down to retest the respectable ascending trendline and the recently broken descending trendline. We will be looking to open long positions on a pullback near the 0.618 fib level, which ultimately corresponds well with a previous level of strong support - creating this zone of confluence.
Trendline Retest | Short SetupEURUSD rapidly approaching to retest the broken trendline in confluence to our previous resistance area. We will be looking for the pullback on 0.5 fib retracement to open shorts.
Pullback Short Setup | Trendline RetestAfter breaking below the ascending trendline, we will now be looking for a pullback on 0.618 fib retracement in confluence to the previous support levels now acting as potential resistance. Furthermore, we have a current respectable descending trendline which can experience a rejection from and we can try opening shorts around then!
Trendlines Retest | Short OpportunityCADJPY is rapidly making its way back up to retest the broken 4H ascending trendline, and potentially retest the current respectable descending trendline outlining perfectly with our 0.618 fib retracement level.
Trendline Retest | Short term setup -4H ascending trendline
-0.618 Fib retracement
-Previous resistance now acting as support
-strong zone of confluence
-Bullish sentiment on short term due to the huge oversell recently. Looking for a pullback to retest the current descending trendline
Pullback Short SetupGBPCHF currently finds itself retesting the 4H ascending trendline following the huge sell off. We will be looking to experience a rejection/bounce from here and head upwards to retest the current descending trendline. Short setup on 0.5 Fib retracemement in correspondence to the previous support area which is now acting as resistance.
Pullback Trade | Parallel ChannelGBPJPY finds itself trending within a descending parallel channel. The pair experienced a slight rejection recently off the previous support. If the rejection gets confirmed and we see a solid bounce upwards, I will be looking to enter shorts on the 0.5 fib retracement and also the LL of the higher descending trendline.
Trendline Retest | Short SetupWe managed to successfully break below the hourly ascending trendline. Following the breakout, we will be looking to enter shorts on a 0.618 fib retracement pullback to retest the broken structure.
EUR/NZD BUY SIGNAL Hey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
EUR/CHF: Daytrade-Execution
Market-Buy: 1,72550
Stop-Loss: 1,69000
Target 1: 1,76230
Target 2: 1,79540
Target 3: 1,82760
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Peace and good trades
Irasor
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Any questions? PM me. :-)
Long Setup on Trendline RetestCADCHF is currently trending within an ascending parallel channel - slowly making its way down to potentially create another LH on the lower ascending trending. Looking to enter longs on 0.618 fib retracement which perfectly corresponds to a crucial S&R area on the lower time frames.
EUR/USD SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
EUR/USD: Daytrade-Preparation
Sell-Limit: 1,12800
Stop-Loss: 1,13250
Target 1: 1,12400
Target 2: 1,12070
Target 3: 1,11795
Stop-Loss: 45 pips
Risk: 1%
Risk-Reward: 2,20
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Will GBP/JPY finally drop?Hey tradomanics,
technically we see a very nice entry for a GBP/JPY sell here. AS the fundamental situation is still very mixed it is obviously very risky to trade a long on DXY and JXY since risk-on-sentiment is causing trouble for both currencies.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
GOLD BUY SIGNALHey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Gold (XAU/USD): Daytrade-Execution
Market-Buy-Order: 1700,30
Stop-Loss: 1688,20
Target 1: 1710,70
Target 2: 1721,10
Target 3: 1730,00
Stop-Loss: 118 (1180) pips
Risk: 1%
RIsk-Reward: 2,52
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
AUDUSD Direction Shift | Shorts on PullbackAUDUSD shown a bearish breakout from the ascending trendline after being completely overbought. This changes the markets momentum shift and we will be looking to enter this bearish trend on the 0.5 Fib retracement, and also retesting the current hourly descending trendline which is holding pretty well so far.
USDCAD - Pullback Trading Idea - Target reachedHi Traders!
The market is moving in a Donwtrend.
What did the market do until now?
The Downmovement started at the top at 1.40450.
After that it fell straight to the Level 1.37300.
Around there some ranging movements started.
At this point, some traders surely recognized the Bearish Flag Pattern.
Their entry would have been the breakout of the orange box
and the target would've been the length of the first move.
Now you can see that the market exactly reached the target of the Flag-Pattern-Traders.
That's why we are expecting a Pullback.
Ok, but what is the target now?
The market did two major downmovements:
The "start" at 1.40450 and then
the start of the break at 1.38300.
Combining these two Areas together you can detect a "Money Zone".
This is between the two Fibonacci Levels from
23.6% of the "big" Retracement and
50.0% of the "small" Retracement.
We recommend to trade carefully as we're trading against the trend.
Thanks and successful Trading :)!
