The Gartley pattern has been completed at the structure level and will be good opportunity to short the pair.
I've explained this trade in detail during my latest Weekend Review video (link below), so i'll try to be brief. Like everyone else, I want to buy Dollars & Sell Euros based off of the fundamentals. With that being said it's important that we don't try and jump on the bandwagon because that's how a lot of rookie traders get burnt. Rather, we should stick to what...
TRADE IDEA VIDEO Can be viewed @ starprosper.com This trade idea is based on the fundamental news and is not to be taken on a literal sense. This is my trade that I'm willing to take based on Technical analysis and what's happening within the economy and sentiment. To view my entire trades, please view the latest video @ starprosper.com I post trading videos...
VIDEO: www.youtube.com Hello traders, I'm looking at a long opportunity here on the NZD/USD 4 hour time frame. Stops are below the swing low and targets are at previous structure. Please watch the video above for how I analyse certain trades in the market. Star Prosper Philip Stewart
Good morning traders, Today I'm looking at the GBP/JPY on the 4 hour time frame and have analysed a nice opportunity to short the market. We have 2 Fib extensions at previous structure levels, giving us a nice PRZ. My targets are at the next 127% at previous resistance becomes new support. Stops and Targets are in place, let's keep an eye on this trade...
CADJPY recently broke through resistance @ the 96.80s, a level that was tested multiple times as recent as Friday.I'm hoping we see one more test before resuming to the upside. BUY @ 96.80s SELL @ 98.40s STOPs below the next level of resistance @ 96.40s
A simple structure trade, nothing fancy, good risk to reward ratio. Stops and Targets put in place according to the trading plan, waiting to see how this one turns out. Star Prosper Philip Stewart
Looking to do a structure based trade on the GBP/JPY 4HR pair. As we can see, we are testing and holding support quite well with the tweezers candle formation, then the market rallied up and closed above previous RES, which now becomes new SUP and we're holding this line. If we don't close below this SUP, we'll be looking to become a buyer in the hopes to hit...
#GBPJPY Short Idea (Fibonacci extension, structure)
#XAUUSD #GOLD Long Idea Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks