GBPCAD Sell Setup Opportunity (Double Top)Sell Opportunity at Supply Area. Look for confirmation of Rejection. Sl a few pips above Supply zone. Min R:R is 1:2.5.
Structure-trade
EURJPY Buy Setup OpportunityPrice approaching demand area. Lets watch how the price reacts there before confirmation of entry. It's not a bad idea entering on the pullback after price had entered the demand area to lessen our SL. Min TP, R:R is 1:2 depending on your entry.
GBPAUD Sell Setup OpportunitySell at Supply Zone in the blue box. SL above the head of the head & shoulder pattern. Min R:R is 1:3.
GBPJPY Sell Setup Opportunity with Good R&RWatch how price reacts at the Supply Zone. Enter with confirmation of Candlestick Reversal Pattern. SL a few pips above Supply Zone. Min R&R 1:4
USDJPY Potential Buy Setup (Continuation Trade)Potential buy at the demand area. Min R:R is 1:4. Look for Candlestick Reversal Pattern.
EURUSD still correcting (and other dollar pairs context)Hi guy's those who saw my latest video know that we analyzed it to the pip.
Check my follow up and enjoy the profit. I always use my name, my company is also my name so easy to find.
Have a nice trading week and safe trades!
Another broken structure - Next support zone is...?TEVA broke another monthly support zone during October.
Next monthly support zone is near 13$
Where will TEVA's slide end?
EURUSD waiting for short entry with a potential of a 10:1 RR &Lookign at EURUSD we can see that price is moving lower. I am currently waiting for a rally then a L3C for a short entry to potentially take advantage of not only the 10:1 RR but a potential move of 125 pips lower. You will have to move up to the 1 hour and maybe the 4hr to see the structure level that was violated here on the 15m. Will we get down there to targets I have no Idea but shit for a 10:1 RR I will give it a shot. good luck and remember TRADING INVOLVES RISK.
GBPUSD Possible Buy SetupLast Demand area for a buy setup. If demand area is broken, i will look to only sell. Entry in Demand area (better with Candlestick Reversal Pattern).
Long USDCAD 60mWith price putting in a higher high higher close on the daily chart. My overall bias is bullish. Down on the hourly chart price has been trading nice and tight to the high side. I am looking for price to breakout to the high side. My initial target is about half way to target 2 that comes into structure. I have a 7:1R for T1 & a 13:1R for T2. let's see if I can make some nice coin on this trade. Trading involves risk.
Bullish Bat Pattern NZD/USDPotential bat pattern identified on the 4 hour time frame on the NZD/USD.
With completion at the 0.886 retracement and 1.618 extension of the X-A move and C-D move respectively.
The completion point also falls on a major support level from the higher time frame; and we can also see some RSI divergence occurring in comparison to the latest market lows.
Target is going at the previous level structure high and 0.618 retracement of the C-D move. Stop is going below the next level of major support.
USDJPY Shark Pattern at Previous StructureCompletion of pattern is at 88.6%
Targets are 38.2 and 61.8
Stops above X
Potential Bat Pattern GBPUSD 1H.Majority is uptrend in Day timeframe if the market touch/can't break the Support at below
opportunity to BUY in this case.
Condition : - Market retrace to major support.
- Advance pattern is Bat pattern.
- Market is Over sold .
- Market is divergence .
AUDUSD - An Interesting LevelKeeping an eye on how AUDUSD trades at this key level of previous structure support. Tomorrow is a massive news day in the market for both the Aussie (retail Sales/Trade Balance) & the Dollar (ADP/ISM) so we should have a clearer picture of the markets decision by tomorrow night.
Not the same type of setup, but very similar to the $EURUSD long that we took in mid August.
Akil
- The Washing Football Team & The Eagles are a lot better than I anticipated, Dallas needs to step things up if they want to win the division!
Short EURUSD I am a little late at sharing this. A simple structure trade. Im getting about a 5:1 RR
Sellers Are Jumping Back InWe have seen price exhaustion at 1.2
Possible pullback on higher TF
Head and Shoulders formation
Entries at 1.95 retest
Closes gap
Target 1 @ 1.1775
Target 2 @ 1.7
4 Hour Bearish trend continuation tradePrice Action has created a new Lower Low increasing further to the down side. Now we have seen a relief move where price action has retraced back up to a previous support level looking left (around 0.72280)
We also have a Fib confluence level (618) and a oversold signal on the RSI.
Will be taking 2 positions
Target 1 0.71400 retest of the lows (And even handed number)
Target 2 0.7890 once target 1 is hit will move stops to break even and trail down to this level
EURAUD selling pressureHere on the EURAUD 0.03% , we have a market that is at a previous level of strong structure. At this level, the market is showing a massive amount of selling pressure. This could indicate that the EURAUD 0.03% is ready for a move down.
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A simple and effective crude oil trade
Trading can be simple. You do not need 10 factors, or trade enhancers to take a trade. Armed with a simple RSI,
knowledge of structure and trend is good enough. Currently, crude oil has found support on a previous support
on the daily chart and rallied into the close of Friday. For traders who want to long, well they got it. Now they
have given the advantage to the bears.
The entire red zone is the zone where i'm looking to short. So, in short, on the 4 hour chart i am looking for a
"lower high, lower candle" within the red zone($49 to $50.50) for entry and target previous support structure
at 47.25 to 46.50. Stop will be about 50.60. I am definitely going to take partial or at least tighten stop because
crude oil is trading in a enlarged range with volatility.
Hope this ideal helps fellow traders who are looking for shorts on CL. God bless and good luck!
USDCAD Sell Setup By Wave AnalysisHi Guys after a long ago i posted this idea hope you guys like it sell under the low if market will not break the high first! Trade With Care
GBPUSD- The Next Trend Trading Opportunity last week we fired off a long opportunity here on the GBPUSD at the 1.3060's level looking to capture initial profits at a retest of the previous structure highs. Now that we've reached those highs, the market is going to offer us another "decision point"
A break above close above at this decision point would tell me to expect another extension higher where pullbacks can be used to hop on the bullish move, while a failure to break this level would lead me to expect a deeper pullback. IF we get the deeper pullback the next buying opportunity will be at a retest of previous structure support where I initially got involved in the trade at.
An even deeper pullback and violation of that level would provide pattern traders with the opportunity to buy at the completion of a bullish Gartley Formation.
Akil
Trend continuation on $EURUSD with Bullish Gartley Pattern Hey guys,
as the trend continues we are ready for a next potential long opportunity on $EURUSD.
Potential bullish Gartley Pattern with structure support looking left.
Do not trade unless it is YOUR plan.
Greets,
Felix
