11021992

11021992 Updated 

Hi all, After watching my previous XAGUSD pattern fail - the C leg got broken - I am now looking at a new entry point on this pair. Actually found two. Completions of these patterns is at the point D. Red bat pattern: Entry: 13.88 Stop: 13.36 Target 1: 14.567 Target 2: 15.060 Blue bat pattern (please note that the stop is pretty high, and therefore makes a...

11021992 Updated 

Hi all, On this great pair we can see a bat pattern forming. Targets are based on the 38.2 and 61.8 fib. Entry: 114.657 Stop: 114.487 (Potential loss EUR 15 or 1.5%) Target 1: 114.915 (Potential gains of EUR 25 or 2.5%) Target 2: 115.074 (Potential gains of EUR 41 or 4.1%) Lotsize on this trade: 0.1...

11021992 Updated 

Hi all, Potential bat pattern on the EURUSD hourly chart. Completion of this pattern is at point D. Targets are based on the fib retracements and the stop is placed above X. Entry: 1.1327 Stop: 1.13466 (Potential loss EUR 18 or 1.8%) Target 1: 1.13050 (Potential gains of EUR 24 or 2.4%) Target 2: 1.12868 (Potential gains of EUR 41 or 4.1%) Lotsize on this...

11021992

Hi all, On the EURNZD we can see a bat pattern forming, combined with a trendline. This makes a perfect entry for a short position. Entry: 1.70998 Stop: 1.72929 (Potential loss EUR 32 or 3.2%) Target 1: 1.6868 (Potential gains of EUR 37 or 3.7 %) Target 2: 1.67311 (Potential gains of EUR 67 or 6.7 %) Lotsize on this trade:...

11021992

Hi all, On the daily chart we see a potential bat pattern forming. Completion of this pattern is at point D. Entry: 1.457 Stop: 1.4705 (Potential loss EUR 27 or 2.7%) Target 1: 1.13050 (Potential gains of EUR 40 or 4%) Target 2: 1.12868 (Potential gains of EUR 70 or 7%) Lotsize on this trade:...

11021992 Updated 

Hi all, For the USDCAD I am looking for a bullish move around the 1.283 area. This area looks like a huge turning point to me. Entry: 1.2835 Stop: 1.2536 Target 1: 1.3399 Target 2: 1.3939 Target 3: 1.45876 Best of luck!

11021992 Updated 

Hi all, Booked some good profits on this pair and got stopped out at a good profit after the FOMC a few hours ago. I am now looking to re-enter this pair. Targets and stop are based on previous structure. Entry: 15.696 Stop: 15.991 Target 1: 15.242 Target 2: 14.707 Best of luck!

11021992 Updated 

Hi all, While going through the charts, I found this entry. I normally dont pay much attention to this pair, but this seems good. You can see that the price is currently in a potential reversal zone, because of the swong low and the confirmation structure of the last few days. The visual flow of this pair is also rather bearish with its lower lows and lower...

11021992 Updated 

Hi all, The USDSEK is not often traded here, but I found an interesting trade setup for this pair. Completion of this pattern is at the point D. This area also has been some support in the past few months. Entry: 8.173 Stop: 8.0117 Target 1: 8.3604 Target 2: 8.526 Target 3: 8.7848 Best of luck!

11021992 Updated 

Hi all, On the NZDJPY I am looking for a long entry around the 74.128 area. This is the top of the previous structure. This structure is combined with a massive trendline that formed a long time ago, please check below. Entry: 74.128 Stop: 72.724 Target 1: 76.383 Target 2: 78.420 Best of luck!

11021992 Updated 

Hi all, About two weeks ago I was looking for a long position near the 116 on the USDJPY. Price managed to break through the support and hit my stoploss. However, I expect this support to turn into resistance now. The same entrypoint, but now to the downside. ----------------------------------- INFO ON THIS TRADE Entry: 115.85 Stoploss 117 Target...

11021992 Updated 

Hi all, On the USDNOK (which is the Norwegian Krone, keep learning guys!) we have a solid entry as soon as the market opens in a few hours. The visual flow is clearly up and on the 4h and 1h chart there is divergence on the RSI (please see below) Entry is based on a swing high of exactly 1 year ago in combination with the 61.8% retracement of the recent...

11021992

Hi all, I was looking at the EURCHF and see 3 potential entry points that would make a good trade with a nice risk : reward ratio. Information on possibility 1 (long): Entry: 1.0815 Stop: 1.0721 Target 1: 1.0907 Target 2: 1.9635 Information on possibility 2 (short): Entry: 1.10535 Stop: 1.10762 Target 1:1.0958 Target 2:1.0868 Information on possibility 3...

11021992 Updated 

Hi all, On the EURGBP we can see that price tried to break through the recent highs of 0.785, but instead, price has made a candle with a high wick. This indicates a bearish move. We can also see some divergence on the hourly RSI. Entry: 0.78475 Stop: 0.787 Target 1: 0.78075 Target 2 0.7774 Best of luck!

11021992 Updated 

Hi all, On the XAGUSD we can see a bat pattern forming. Completion is at the point D. Stop goes below the X. Targets are based on previous structure. Entry: 14.735 Stop: 14.475 Target 1: 15.109 Target 2: 15.345 Target 3: 15.72 Like if you agree :) Best of luck!

11021992

Hi all, On the GBPAUD we can see three double bottoms over the last few days. This is a clear indication that the bears have run out of steam and that prices will go up to previous structure. For me, this structure is around the 1.923 area and maybe higher, up to 1.96. Entries can be placed anywhere between the current market price and the 1.885 area. Best of luck!

11021992 Updated 

Hi all, After booking some good pips on a short position on XAUUSD this week, I am now looking for a long entry. Entry: 1244.4 Stop: 1233.37 Target 1: 1263 Target 2: 1284 Best of luck!

11021992

Hi all, On the EURUSD we can see two patterns forming. One of them is a bat pattern and one of them is a butterly pattern. Depending on your strategy. If you have a more agressive style, you can enter the bat pattern and have a bigger stop loss. The butterfly pattern however, is perfect. It has great structure. This low of december 2015. Stop is below this...