Trade Ideas Position: NZDUSD SharkPotential Reversal Zone (PRZ){Red Box} came in important for this trade setup, as the last candle shows a strong candle at this moment.
I will observe if the next candle creates a new high and close above the high of this current candle, if so, trade invalid.
When the next 1-2 candle breaks below and close below the PRZ(red box), I will engage for the short opportunity.
Sellzone
EURGBP - SELL ROAD MAP! EURGBP SELL SET UP -
EG has been on a huge bullish move since May with no sign of slow down.
Now the market is reaching a v ery strong resistance zone that has in the past held up very well and pushed the market down.
Sell zone is 20 pips , so within that zone looking for possibles wicks entering that zone.
Followed by a rejection in that zone. If the candle continues further into that zone. We will be looking for a potential slow down of the candle.
Or the next bearish candle formation to indicate for the sell to begin.
TP 1 - 110 pips
TP 2 - 230 pips
TP 3 - 330 pips
TP 4 - 450 pips.
I don't normally have a TP4 in place. But due to rejection in the past, the market has found support there. To be safe i have placed TP4.
Long term trade - 560 pips
Blue support trend line is daily.
Trade Ideas Educator: NZDUSD SharkA bearish shark setup within the double sell zone gave a great trading opportunity to short this pair. An RSI Divergence has shown, it is possible such setup either gave a great trading opportunity or a potential miss trade as the market may not touch point D.
Let's see how this setup unfold when market opens on Monday.
Trade Ideas Position: NZDUSD SharkTrend Trading Opportunity for this setup, on my live account the closing price of C leg closed below A, hence, pattern valid.
What I love about this trade is that the shorting opportunity came into the double sell zone area and RSI is moving towards overbought, not mentioning there's a strong resistance.
What're your thoughts on this? Comment down below
Trade Ideas Position: CADJPY GartleyBearish Gartley setup within sell zone as a trend trading setup. I will be waiting for a retest to engage the trade. Do note multiple JPY related pairs shows and produce a selling opportunity.
Have a look into your thought process to see if your trading rule forbid you to do so.
Trade Ideas Educator : NZDUSDBottom Left shows that on the weekly chart, NZDUSD is having an emerging bearish bat pattern that I'm waiting for a shorting opportunity but of course that won't be ahead on the daily chart on the bottom left that too have a bearish bat setup.
On the 4-hourly chart will be the most immediate opportunity, however, the market has to retrace by Tuesday, 9 July 2019 to make it possible. The ideal sell zone is within the red box.
What're your thoughts on this? Comment down below.
GBPUSD-Weekly Market Analysis-Jul19,Wk2While waiting for the Bullish Shark on the Daily Chart(kindly refer to the link on the related ideas), a bullish shark pattern has formed on the 4-hourly chart. As long as no gap occurs on Monday Market Open, I'll engage this trade but also watch closely when the market hit its 1st target.
Trade Ideas Educator: CADJPY ButterflyA Bearish Butterfly set in on the 4-hourly chart(right) but by having that it will break the prefered sell zone. For my plans for selling opportunity will be the classic reversal setup I'm waiting for MC+confirmation within the sell zone.
On the 1-hourly chart seems like a bull flag is likely to form, I will wait for a retest into the buy zone for a buying opportunity, and if you head to the M15 chart you will see a bullish bat setup.
Trade Ideas Educator: GBPJPY GartleyGBPJPY is on a bearish trend. Gartley Pattern happens on both time frame having a 4-hourly chart as a bearish Gartley setup and 1-hourly chart, a bullish Gartley pattern as a counter-trend trade.
How many trading opportunities within this trading analysis?
What's your trade plan on this?
Comment down below.
Trade Ideas Position: EURJPY BatWaiting for a shorting opportunity on this emerging bearish bat pattern. I'm also looking for a potential buying opportunity when the market hit the ideal setup for the trade.
What're your thoughts on this? Comment down below. Do also share do you trade a single strategy and screen it through all the setup or you have a fixed set of currency pairs.