USDTHB reached a monthly resistance in where price has rejected multiple times. At the same time, it is important to notice how it broke a daily downtrend that it had going on for weeks. Buying opportunities can't be taken at the current level, however, possible shorts opportunities could be taken as soon as price starts shifting market structure on lower...
A little late of a post since entry was already given this morning, however, if price does a pullback or you can find an entry on the lower timeframes, then a long opportunity could be taken for a possible new high. If price breaks below the marked area then structure would be changed from bullish to bearish, most likely temporarily.
AU200 managed to reject the 50 percent very nicely. Structure remains bullish. As long as price does not break the level marked with the rectangle and closes below, the structure will remain bullish and long opportunities could be taken.
Price has rejected the 50% very nicely which means a daily higher low could have been created. I would like for price to get above the level above in order to confirm the move as a correction and not as a lower high. Overall higher structure remains bullish so it is a great opportunity to look into.
Looking for a continuation of the uptrend. Price must reject multiple times around the area for the longs to be taken.
Looking for a continuation of the uptrend. Price must reject multiple times around the area for the longs to be taken. (Be careful as well with this position because of the current consolidation on higher timeframes).
Looking for a continuation of the uptrend. Price must reject multiple times around the area for the longs to be taken.
Looking for a continuation of the uptrend. Price must reject multiple times around the area for the longs to be taken.
Looking for a continuation of the downtrend. Price must reject multiple times around the area for the short to be taken.
Looking for a continuation of the downtrend. Price must reject multiple times around the area for the short to be taken.
Looking for a continuation of the downtrend. Price must reject multiple times around the area for the short to be taken.
USDCAD, I have been long in this pair for a couple weeks now and has reached my take profits. I do have one position open still. With the current market structure, this market has been able to provide us with structures that can be measured in order to project where price could go. As of right now, after measuring the market, the only valid measurements presented...
On the previous Idea that I posted, the pattern may be invalid as the measurements where not done properly. The pattern measured was a Bat pattern but the measurements were far from each other and did not align as it should. I do believe that the bat pattern may still be valid as long as price reaches the .886 fibonnaci marked on this chart and respects that...
AUDUSD could provide a great opportunity for a swing trade. I have been waiting for this trade since two weeks ago and finally price is very near my PRZ (Price Reversal Zone). If price provides a good confirmation candle in the area a long position could be opened for a swing trade. It is important to understand that since the trade will be taken from the daily a...
AUDCAD gave a good confirmation candle at the PRZ zone today. Position is already opened and protected. Waiting for it to complete the move to the take profits.
I published last week that price was possibly going to reverse from the current level because of the completion of the bullish AB/CD pattern. Price went a bit lower than what I expected but gave us yesterday a good confirmation candle afterwards. If you entered the trade keep the marked targets on mind since there is another daily pattern also developing and after...
NZDUSD could provide a great opportunity within a couple weeks as long as the pattern is completed and it reaches the PRZ zone and provide a good confirmation candle. This would be a long term trade (swing trade). lots of patience needed for the trend to develop.
USOil could provide a great opportunity within this week or the next as long as the pattern is completed and it reaches the PRZ zone and provide a good confirmation candle.