AlexanderPlant

AlexanderPlant

EUR/CHF Long Trade Idea I'm taking a long position on EUR/CHF, focusing on a key support level at 0.9417. This setup is based on price action and market structure. Entry: 0.9417 (support level) Take Profit (TP): 0.9487 (next major resistance) Stop Loss (SL): 0.9368 This trade offers a favorable risk-to-reward ratio of 1.31.

AlexanderPlant

USD/JPY Short Trade Analysis This trade is purely structure-based, as I do not trade news events like Inauguration Day. My focus is entirely on price action and market structure. The market recently dipped below the structural level at 156.310, signaling a potential bearish continuation. Currently, it's forming its Outside Return (OR)—a pullback that aligns with...

AlexanderPlant

Hi guys, At this moment I have my eyes on this possible opportunity to go short with this head and shoulders pattern. Will be waiting for at least a clear close below the 0.8870 before the completion and a possible entry opportunity!

AlexanderPlant Updated 

First of all: it might be a big trade for some traders. If you take it, be patient and of course make sure to adjust your lot size! It looks like we will have a retest here, giving the opportunity to enter in case you missed your original entry! (and of course, if you are anyway waiting for a rebound, here is your chance!)

AlexanderPlant Updated 

Actually yesterday we had a invalid H&S because the price went above the right shoulder. This same move now became the head of our current head & shoulders. Price already closed below the neckline. In case you missed the move, a new opportunity will be to enter if price rebounds to the 0.85258 level. It's also nice to have the SL above the major resistance, and...

AlexanderPlant Updated 

So here is a new possible head and shoulder setup! (yeah I just love them) We will be waiting for the price to reach 1.07379 for a nice head and shoulder and a opportunity to go long. The Aussie Kiwi is bullish and it's always nice to trade with the trend! We also have some major resistance at the 1.08375 level (check Q4 2019) and as we can have our TP nice...

AlexanderPlant Updated 

Ok so to be honest I had this one om my radar yesterday before going to sleep. Just woke up to see my H&S completed. The overall trend on GBPAUD is bearish and this H&S looks like a nice opportunity to follow the trend Just a personal note about entries etc.: I noticed the market is a bit different then 1 or 2 months ago, might be the "Sell in May and go away"...

AlexanderPlant Updated 

This morning I have my eyes on a possible head and shoulders on the AUDUSD The entry would be around the 0.65071 level. As always I like to place my stops above the right shoulder (which works for me personally better then above the head) giving a nice risk reward, assuming we get an entry of course!

AlexanderPlant Updated 

So this is an interesting one: a possible head and shoulders completion if price of course drops to 0.85204 At this moment we can see we are facing some major resistance at the 0.85633 level making it interesting to look for a opportunity to go short. You might notice my neckline is pretty straight, personally I like to have it as horizontal as possible. On the...

AlexanderPlant

Nothing to add :) Buy @ 0,71805 TP @ 0,72257 SL @ 0,71289

AlexanderPlant

Beautiful bullish bat opportunity There is also some structure. Looking for 2 t/p levels. Looks like a nice opportunity:)

AlexanderPlant

Ok, so I got 3 pairs on my watchlist: EURAUD, AUDCAD and this EURCAD. However in order to get the bearish cypher completion, price need to go up to 1.47894 .... So.... Price is dropping at this moment so it could be that the C leg will be invalid. I decided to post it however, it is still early so I also have a sell limit order placed @ 1.47894 but will keep an...

AlexanderPlant

Just got 3 pairs on my watchlist for today: AUDCAD, EURCAD and this nice bearish cypher opportunity on EURAUD However we do need to get @ 1.55465 in order to complete. I like to just place the limit order but keep in mind to check regularly if the pattern didn't get invalid. As always: just keep it simple :)

AlexanderPlant

Just got 3 pairs on my watchlist for today: EURAUD, EURCAD and this nice bullish bat opportunity on the AUDCAD once the price gets to the .94755 area Aiming for 2 targets with stops nice below the LL of May 3th As always: just keep it simple :)

AlexanderPlant

Looks like we will see a nice bullish cypher completion if we hit the 0,94831. Aiming for a t/p @ 0,95083

AlexanderPlant

Bullish cypher opportunity if price drops to the level of 84.500

AlexanderPlant

If price goes down to 0.63873 we will have a nice bullish cypher :)

AlexanderPlant

Cypher completion if price action goes up to 128.147 TP @ 127.574 & 127.200 SL @ 128.757