Descending channel with a head and shoulders patterns in the trend... For more of these and more Idea Descriptions, Please follow me. Cheers... Please Check GOLD pattern linked in this idea...thankx
Now the AUDNZD has broken and retested my descending trendline (Support) and is close to take profit on Fibonacci zone in the key zone price rejection. I have signaled by my trading plan for yet another BUY Entry now!!!!!!! This is a -30 pips stop loss for a +60pips Take Profit; Risk Reward Ratio: 1:2 Please follow me and help support my channel to grow and...
The Dow Jones has been very slow building this pattern...it's very much important to see these patterns before they occur so that we can capitalise on them being fully prepared mentally and psychologically! US 30, As i said before, has a NEGATIVE CIRRELATION with USDCAD....As US30 Goes up, The USDCAD is falling...Go check the USDCAD pattern shared...it is heading...
A correction on EURUSD has been made...however, a proper retest on my uptrending support would give me a high probability setup as i will have A 3RD TOUCH on my support...Nevertheless, the price is in the zone (Correction zone/fibonacci 50.0-61.8) which has been retested several times! A -25pips stop loss would put me on a safe mode just in case the market...
Hey trader, please check my previous idea on this pair for in-depth analysis...and ohh hey, Please support my channel for more of these setups! #ForexConnect Cheers...
A retest will give us a proper buy setup with a stop loss of -25pips! Good! Cheers
Before you proceed, please start by following my channel...Thanks. This setup, has a Bullish flag where the price broke the support level after two retest, then it broke it again going up, and now i am anticipating a retest and a continuation move upwards towards my descending trendline (Resistant). Cheers...
An example Of pattern 3rd touch on the Horizontal level - Support zone.. For more infor on these setups, please follow my channel... Cheers
Reasons: 1. Broken and Retested the Neckline. 2. Head and Shoulder Pattern. 3. Fibonacci Correction Zone. 4. Target; 3rd Touch on my Resistant trendline in the Fibonacci zone (Correction Destination) Please check my previous analysis on this pattern i shared on my Previous idea. And please follow me on my channel... Cheers
This pattern is a continuation patter for a Cup Pattern which appears on Weekly Time Frame. On 1h/4hourly TIME FRAME, there's this ascending channel channel which has had 2 touches on ascending trendline (Support Trendline) and is currently heading towards a 3rd touch...For now, there's a correction which has developed as the market has tested the horizontal...
USDCAD produced a massive stop hunt. Howver, the sellers looks to have taken control after the correction reached the key zone as am order block... as depicted in the picture, My plan is to sell for a TP in the Horizontal Level acting as my support. Please follow me for more of these...comment and let's engage... Cheers...
I shared this setup previously on my idea predicting all this move which has occured according to my plan/analysis. It is now time to buy. It's still open for buyers, though the stop loss is gonna be huge now. But what a beautiful setup to go for!!! The take profit is on the Fibonacci zone (correction for the descending challe) The Head and Sholders Pattern -...
Please check my previous idea on AUDCHF, I shared how this was going to happen. Now i have taken a trade on a sell after; 3 touches on my ascending trendline (Support) A very simple pattern - market structure. Please do not forget to follow me on my channel. ON THIS ANALYSIS, I HAVE USED, 1. THE TRENDLINES FOR A SIMPLE CHANNEL (ASCENDING CHANNEL) ...
A sort of a bearish flag with a 3rd touch on m descending trendline... Stop loss over high... Take Profit on my support trendline for a 3rd touch again... Note that on my Take Profit, the price has been retested multiply times for the price rejection Please follow me for my setups and signals (Ideas)
Bullish flag A retest! continuation pattern!
One of the saddest thing in the market is being caught up in a wrong direction. There are a lot of traders who trade Supp and Resistant, however, Support and resistant doesn't come first, but the pattern comes first. That is why i say, do not trade that resistant. Yes, once the price reaches that resistant, it will be blocked, but it is not for a pattern... so...