Hi Guys this is another trade setup by wave analysis wait for clear confirmation for short position. (TREND LINE BREAKOUT MEANS NOTHING TO ME) I've some Entry strategies to Enter i can use the Behalf on what of Structure is developing. Use your Entry Strategies to enter Use some money management And Trade With Care :)
HI guys this is a simple sell Idea. Guys don't Forget i am just showing you the Direction of the market! you Must have to create your own breakout Entry strategies . and Money management is also important. look for breakout out and use your Entry strategy to enter . Trade With Care :)
in this pair my long term view is still bearish. W1 - Suggests down moves. However we are still moving inside a channel and price just bounced from it. We can see it back on top, until 1.3550 level is holding we will be looking for sells. H4 - Bearish trendline slightly higher. We may expect the price to find strong resistance around 1.34 level. Price is...
On the W! chart, duplication of first bearish leg is expected. Price moving lower now after respecting the weekly channel.. On the D1 chart, price broke the uptrend line and duplication of first leg is expected. On the H4 chart, we will be looking for the broken trend line to be retested and corrections towards the zone 1.3390 – 1.3440 which will provide us...
We are most likely going to see another small push down (potential H1 bullish divergence to form and complete) and then I'm expecting a double wave correction up. Most likely the double waves will form on the H1 chart. Once that happens, we want to see a break below the trend line, connecting the 2 waves. Sell with the breakout. Final target 1.35
Most traders are anticipating the drop of the USDCAD in the broader perspective. I still think it is a little early for the USDCAD to drop, but only time will tell. For now we need to watch price retest the highs it made this past week. If it fails to form new highs then we can look for a short opportunity and hold it. I am expecting the price to at least get to...
Buyers have been dominant leading to the series of Higher Highs(H, HH1, HH2 and HH3) with the corresponding series of Higher Lows(L, HL1 and HL2). However, "Point F" is challenging "HL2" instead of creating a supporting Higher Low. And since the last push by buyers was very brief, it's likely that we see a reversal in the direction of price as momentum...
there is sure to be a fall, just have to wait. i could be wrong, but i srsly doubt it. waiting for the daily to pay off big time. sad to say that this may also signal the s&p downtrend.
usdcad bulish pin bar
If you followed my previous 2 post of USDCAD, you would see I was looking for long opportunity for this pair. Most recent post suggest a short term sell bat, but at the momentum it was moving, the likelihood of it playing out was very low. So I closed out and bought this pair as it reversed up. Now I am expecting this pair to slow down. But anything can happen...
VERY HIGH POSSIBILITY TRADE!! We have a mix of alternate AB=CD with an RECIPROCAL AB=CD + BAT PATTERN. I have 2 targets, 38% and 61.8%.
-If we go to the daily timeframe, price broke bullsih daily trend then making a retest where the red circle is,this retest is also made on a weekly PRZ zone with a matching point in the 38.2% weekly fib. confirming a daily downtrend -Price is trapped btwn 2 daily PRZ, so what we gonna do is follow the trend,wait for the price to make a new LH below the...
-If we go to the daily timeframe, price broke bullsih daily trend then making a retest where the red circle is,this retest is also made on a weekly PRZ zone with a matching point in the 38.2% weekly fib. confirming a daily downtrend -Price is trapped btwn 2 daily PRZ, so what we gonna do is follow the trend,wait for the price to make a new LH below the...
USDCAD broke to the downside, wait for a correction before entering the trade. This is near the top of the corrective move therefore, huge risk to reward ratio. If you don't know to trade this set up please stay away from the trade. If you have any questions please feel free to message be. Ill be happy to help. Give this post a like if you agree. **This is not...
Hi guys. From the oil news, it effects to the USDCAD For the sell setup. A-B-C pattern and now it is the wave C (TP first meet at 100%), next is 161.8% at 1.3200 Aware: NFP tomorrow. Whatever, i will close before the news.