AnriErikanov

AnriErikanov Updated 

Technicals -RSI divergence -decent R&R ratio -rising wedge pattern As the chart explains I am looking to short it because it succeeds my criteria's and the stop are well placed as well as my target. So entering now reduces our risk and greater our rewards

AnriErikanov Updated 

After I got stopped out because my stops were at previous resistance price rised a little bit up but my market perspective didn't change and now when price got higher our risk lessened and rewards got even better After the rising wedge as you can see there is definetly a weakness in the"retracement" up and can go down because of the divergence on the RSI

AnriErikanov Updated 

After price slowly headed upwards there is definetly some weakness on the rsi wich can turn into a bearisch retracement I set my target to previous low and stops little bit wide then I am used to but there is going to be lots of volatility when ism and unemployement number come out

AnriErikanov Updated 

We saw a weakness on the bear trend I took this oppurtunity because of multiple retracements shows that our target is higher then our risk falling wedge I am looking to close some positions on the first retracement because of high probabilty that it rebounces off

AnriErikanov Updated 

So I drawed out evidences to short the standard poors as you can see the overal trend is bearisch on the 5 hour chart I do expect price to retrace to the 5.0 level multipal retracement drawings shows us that's the sweet spot shorting now is a little risky since price can bounce back up on diagonal support but it gives us the best risk to reward Notice the...

AnriErikanov Updated 

Last week I took a position short because of the elliot wave pattern that had finished it is now correcting abc also Notice the big rising wedge and it has already broken Getting in short is possible now because of small retracement on the smaller timeframe One problem is that the RSI shows a divergence that could push price up However there is going to be...

AnriErikanov Updated 

After very bearish trend price retraced to 0.756 good entry for short and price has already broke out the wedge channel (very bearish divergence) Taking profit on key support 1 and maybe 2

AnriErikanov Updated 

For days we have had a decent uptrend but there is definetly a slowdown (slower higher highs and faster higher lows) wich signals a weakness The wedge pattern is already mature we can entry now but we are not sure if it's going to breakout to the downside BUT entering now reduces significantly our risk even if price doesn't break we don't lose a lot . Notice...

AnriErikanov Updated 

As the chart shows we are in a channel consumer price index and consumer confidence may drive euro to major resistance but not enough to really break and become support My entry is at major resistance because risk is low

AnriErikanov Updated 

STRONG downtrend recent retracement a wedge good shorting entry with small risk

AnriErikanov Updated 

No big news that could change trend direction so I am going to short the retracement We could see volatility in the london/us session that could push price further down Very good risk,reward oppertunity notice the wedge pattern on the shorter timeframe

AnriErikanov Updated 

Sterling has gone downwards the whole noon but we could see a big retracement in the evening because the bear trend starts to weaken and bulls get in Notice the divergence on the rsi very interesting looking trade

AnriErikanov Updated 

Interesting look at an extended wedge pattern here on short term price already broke out Trend has weakened might see temporary retracement I am going to take 75% of my positions on the green retracement line because previousresistance can become support (bearisch divergence)

AnriErikanov Updated 

Technicals In the big picture the pairs are in an range no clear trend and we are on the bottom and price seems to be holding. Profitable wedge reversal pattern. But there is one probleme here, On the 15min chart we see another wedge pattern that indicates that price could go down even more. It's uncertain what is going to happen so I am just waiting and if the...

AnriErikanov Updated 

FLAG pattern as you can see. 2:1 Risk&Reward My strategy is adding postions when direction is very bullish If it goes slower I will take half my positions If price goes breakeven and wait the rest to hit my stoploss. Probably not

AnriErikanov Updated 

So yeah ! Clean wedge pattern as you see A clear trend to the downside with a little retracement wich formed a wedge then Close to major ristance that gives us a nice risk reward Target set to previous low If price breaks through major resistance I am out

AnriErikanov Updated 

Reverse wedge reversal pattern with breakout divergence As you can see good risk reward ! Looks like a good setup Lets short that suckaa !!

AnriErikanov Updated 

The stock are looking depressed those days and formed wedge continuation pattern weakness found on the retracement so it is very hard to have a reverse in trend. No important event so I exept the trend to keep heading lower Always do your own analysis before taking a trade.