Summary The market just broke out from a rising wedge. Looking to enter when it makes another bearish correction.
Summary After forecasting this pair again. The market has been in an uptrend for a long time. It made a false break out at the ascending channel. Currently it broke out from the bigger bear flag. Waiting on the 15 min chart to break out from the smaller bear flag.
Summary The market has been moving in a bearish momentum, after breaking out from the larger ascending channel. Looking to short this pair again as it made a bear flag in the 1 hour time frame. Steps to be taken Take the trade as the market opens. Let your stop loss be above the resistant line by 20-50 pips.
Summary After forecasting this pair. It made a very impulsive movement towards the top of the structure last week. It made the third touch at the top of an ascending structure and currently its going through a corrective phase. Will for it to touch the bottom of the structure (a smaller ascending channel) to only make my sell position. Steps to be taken ...
Summary Forecasted this pair to drop as it broke out from a bigger ascending channel and made a bear flag after it brokeout. Steps to be taken Enter the trade as the market opens.
Summary The market made the 3rd touch at the top of the ascending channel. I will wait for it to either break the structure or create a flag in the lower timeframe. Steps to be taken Wait for a clear flag. View the lower timeframe before executing the trade.
Summary Forecasting to have a bullish movement as the made another touch at the bigger descending channel. Waiting for a clearer Bull Flag to enter the market. Steps to be taken Wait for a clear flag.
Summary The market spiked upwards last week and created a Parabolic Curve Pattern. It looks like a very high probability for a short position. Will wait for a stronger rejection and also a clear flag. Steps to be taken Wait for a clear flag. Look out for stronger rejection at the top.
Summary Market was moving very impulsively this week. I was able to capitalize on it with a 5% profit. Looking at the chart again, it just broke out from an Ascending Channel. I will take the trade when I see a clear Bear Flag for it. Steps to be taken wait for a clear bear flag.
Summary The market is forming a bigger bear flag from the structure I see. It just created a small bear flag as well. Looking to enter as the market opens. The market looks good on this and have nothing much to say on this. Steps to be taken Wait for a bear flag.
Summary Last week the market moved upwards just like how I forecast it would go. Made an entry a bit too late which makes it really risky. Something I have to fix in the near future. Have to be on a look out for the market to show a retrenchment. I will only enter the trade if the market shows a retrace candle at the fibonacci retracement point at 0.618 for...
Summary The chart shows that the market is moving in a downwards trend. So far it made a touch at the fibonacci retracement at 0.5 point and started moving downwards. I entered the trade as it made a bear flag. So far its going good. Will make another entry as it make another flag. Steps to be taken Wait for a clearer flag. Be careful if you see a...
Summary The market has been moving downwards for awhile now. After drawing all the structures and patterns again, it seems that it just broke out from a huge ascending channel. Looking like a great opportunity to sell if the market creates a bear flag. Steps to be taken Wait for a proper bear flag to enter the trade,
Summary In the chart you can see that I drew a structure out of nowhere. This is what I visualize of how the market for EURNZD might go based on how the market reacts with the fibonacci retracement tool. In this weeks forecast, I will look a bull flag to go for a short term long and wait for it to touch the point on the fibonacci retracement. Afterwards, I would...
Summary The chart shows a short term opportunity to go long as it broke out from the trend line on the top and the market is continuing to move upwards. Based on the fibonacci retrace tool used. There are 3 possibility of where the market would move. Either break downwards straight or it could move upwards correctively or impulsively. Steps to enter Wait...
Took a trade on this pair as I saw a clear bear flag with 6 candlesticks support on the 1 hour chart. It just made a third touch at the top of an ascending structure as well (The bigger picture). Set my break even already, just in case if it goes the other way. Gonna set 1% lock profit when I see it impulses down even more.
Took the trade when it made a double bottom at a descending channel. Currently, its running at 3%, locked at 1% as well. The market looks like it will continue to impulse upwards.