AbdorhmanThi

AbdorhmanThi

NZDUSD is moving well in this area. A lot of potential opportunity on this pair, here is another buying opportunity I found at the end of this trading week.

AbdorhmanThi Updated 

There is a potential bullish bat forming on the NZDUSD. As long as the C point dont go above the A point then we should be good to go. If price does go higher, a cypher pattern might form. Check my next post. Trade with care.

AbdorhmanThi

This is the second play that can possibly happen on the NZDUSD pair. I am in favor of this happening more just because it give 2 great trading opportunities. Let see how this plays out. Trade with care.

AbdorhmanThi

GBPAUD have been pushing quite high over last few weeks. Now we can look for a selling opportunity at the top. The 2618 trade strategy seems to be developing, I will be looking to short this and trail my stops after traditional target is reached. Trade with care.

AbdorhmanThi

There is a bearish gartley pattern forming on the hourly chart. Price is in a consolidation right now and is overextended. Therefore I believe this trade have a high probability of success.

AbdorhmanThi

Audusd broke the highs on the lower time frame. It is now retesting support. Will be looking for price to go up a little more before looking to sell.

AbdorhmanThi

This is my outlook for the week. There is a harmonic completion at a retest of support. I am currently long in the trade and will be looking to short after target is reached. Trade with care.

AbdorhmanThi

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...

AbdorhmanThi

NFP will decide where this will go. I am expecting dollar strength. Trade with care.

AbdorhmanThi

EURUSD broke the trendline. Now we are looking for price to consolidate sideways before breaking down. I think NFP will drive price to target. Trade with care.

AbdorhmanThi

A harmonic pattern completed. Currently waiting for a double bottom to form to buy. I will be looking to sell after the target is reached. If the pattern fails and price make new low, I will look for a retrace and a sell continuation. Trade with care.

AbdorhmanThi

EURAUD completed the ABCD pattern right into the level structure that creates a bat pattern for us. We will be looking for the pair to retrace back down into 1.4185 area before continue our long. EURAUD however is in a bullish manner, therefore trade with care when shorting this pair. One the weekly time frame, if price does go to 1.4185 area we will have a...

AbdorhmanThi Updated 

Euraud is presenting a great chance for a buying opportunity.

AbdorhmanThi

EURNZD just came back to Major Resistance on the Daily timeframe. This is the first time it came to this level after a bear trend. So I am expecting a correction from this point to previous support. If the Resistance dont hold. Then I will look to short at the next Resistance.

AbdorhmanThi Updated 

This is like the 3rd time GBP pair moved like this. The first two times, the same thing happened. So for the third time. What are the chances? Let us see. 61.8 tend to be a good fib level during time like these where market moves really fast and you find it reversing at this level. This is a sell and hold for weeks and months.

AbdorhmanThi

Sadly my previous idea failed. But luckily a Bearish Harmonic Pattern completed. We can hold all the way down or we can hold to the target of 61.8. I am personally holding it all the way down.

AbdorhmanThi

A bullish bat pattern has form. This could bring price up one more time before a big down move? My previous 2618 post trade is no longer valid. Let see!

AbdorhmanThi

A buy setup is coming soon. It is currently on the daily trendline which acts as a strong support. This is also the first time it is on this trendline since Nov; meaning there is a good chance the bat pattern won't complete.