USDJPY-Weekly Market Analysis-Jan19,Wk2On the Daily Chart , market breaks the sideways consolidation and break towards the downside.
With the Wed 2 Jan Asian Market Flash Crash, the market touches the Major Support on the weekly chart and provide a potential selling opportunity on the 1-hourly Potential Sell Zone.
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Sellzone
Trade Ideas Position: EURUSD SharkShark Pattern on H1 chart(Left) within the sell zone of its higher timeframe, H4(right).
Pending Order Place as it give great RewardLRisk and its within the sell zone which is also the trending trend.
Exact Stops and Targets share to my subscribers, if you do not want to miss another great trade ideas, just subscribe to us.
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EURUSD-Weekly Market Analysis-Jan19,Wk1EURUSD on the Daily chart it is still on its bearish tone and in the 4-hourly chart having the D completion just right at the sell zone gives me a perfect opportunity to short the market.
So just we thought that the last 2 week of December is a quiet period where market hibernate, this December is definitely 1 of the most active market in the past 14years.
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Trade Ideas Analysis: USDJPY ABCDA double trading opportunity presents itself. ABCD is usually a counter trend trade, hence, not ignoring that, if the market presents a double bottom, I will head in for a long opportunity.
However, when the market head back to the sell zone and if it ends at the blue arrow ends, I may engage as an shorting opportunity.
Is amazing for developing 2 trade strategy within 1 setup, isn't it?
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EURUSD-Weekly Market Analysis-Dec18,Wk3EURUSD is still on its bearish move. I'm waiting for the retest back into the sell zone for a shorting opportunity.
And of course, with Wayne's analysis, it is possible to look for a buying opportunity at D completion as a counter trend trade.
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EURUSD-Weekly Market Analysis-Dec18,Wk2EURUSD on daily chart shows a bearish movement. On 4-hourly chart it is a sideway consolidation.
The red zone is within the sell zone, within the sell zone sit a deep gartley setup, if the market touches Point D and close below the upper trendline will give a perfect shorting opportunity.
The trendline shows a sideway consolidation, breaking out of the trend line is inevitable, but the direction of the break will show a likelihood of market direction.
GBPUSD-Weekly Market Analysis-Nov18,Wk5UK Pound still on its bearish run, we have took extended target on this Bearish Bat Pattern and we are glad we did.
Target 2 hit a total of 107pips profit.
As for counter trend trader, do note on the black line that seems to be a strong support, if it is broken, it may extend lower. As for me, I would need additional confirmation before engage on this counter trend trade.
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EURUSD-Weekly Market Analysis-Nov18,Wk5Overall market direction for EURUSD is still on its bearish tone. However, at the Pt D Completion of the Bullish Bat Pattern(red) does provide a great counter trend trade opportunity.
Will be taking conservative targets should the bat pattern still valid upond touching D Completion.
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EURUSD-Weekly Market Analysis-Nov18,Wk5Still waiting for market to hit Point D for a shorting opportunity.
Do note that, there might be a bullish bat pattern lurking into this setup.
I will be sharing the trading opportunity with my subscriber.
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EURUSD-Weekly Market Analysis-Nov18,Wk4I'm looking for shorting opportunity at the sell zone, the double red box zone below the red line will be perfect, if not within the box is fine.
If the market break the smaller red box, I will be looking to short at the shark completion, which I will share with my inner-circle.
Trade Ideas Position: EURJPY GartleyTo some, this may not be valid formation but to me it is.
The new update of trading view causes some words can't be used so I apologise for that.
1 important note is that point C might have a deeper retracement and that will cause point D to be lower, there will be a post update if such happen.
I'm using this to engage the trade but not taking the convention targets.
Stops and Targets will be shared to my inner circle