It has been a while since I posted an analysis. Now that I am trying to be back on charts, I spotted this last week and it seems to be playing just fine. I have sells to the area, could still extend TP depends on how this plays out.
I usually don't take trades on Friday but I think this will be a good entry. Fundamentally, White House just announced they are 'very close' to signing NAFTA with Mexico without #CAD This could push CAD down to the broken TL on 4H of #CADJPY which did not retest. This is an early entry, you can wait for confirmations and then enter, upto you.
Here we have broken trend line and retest during yesterdays Fed minutes, we are now dropping to H1 TL from previous low's. Ichimoku Cloud agrees with us in higher time frame as well, depends how fast we move to TP, I will be extending it.
Spotted a Bullish Gartley pattern, set multiple TPs as you wish!
I see USDCAD reject multiple times from the H4 Counter Trend Lines as marked and off Daily CTLs. I am expecting this pair to pull at least to fill the wick, stop loss can get tighter but since I will be holding for my original TP around 1.280's.
#CHFJPY is at H4 zone and it is consolidating here for awhile. Upon break of the consolidation (bull) I have marked the path which is how I am expecting it to play, if it keeps staying in the range of TL and CTL then I am seeing it rejecting from the low Trendlines from earlier this year.
Second entry on USDJPY Bear has opened up after breaking and retesting the broken Trend Line. As seen, current 1H broke the TL and ended above, as expected, it is ending below the line, if there is a retest and that candle ends in bears then look for a sell with few pips above previous low marking your Stop Loss and Take Profit to the Daily zone, if there's no...
Here we see that Price is respecting trendline and counter trend line. Post NFP USD with mixed of bulls and buys, I am taking a position here and holding to see if we push up or If we will be pushing down to fill the wick on left.
If this plays out nicely today and doesn't extend D leg much, we could see a potential Gartley pattern setup.
Here we have multiple rejections off H1 Trend Line and approaching the 4hour zone that it had difficult time breaking previously. We could see a good push up, if it breaks the CTL on 4H, I will be closing it early.
We TP'd and more last position and we haven't retested yet, this will be a nice RR retest.
Took a small sell here, break and retest of the CTL, TP to the next zone!
I posted this with my students last night about my outcome of gold. It played out perfectly and now it is rejecting from Kijun on H1 and it is my second choice to enter since I missed early 100 Pips buy, so I am taking a tight SL position here.
Here I see a perfect 50% retracement of 4H fib and now it is making it way down. If plugged into the cloud, overall trend is still bearish. Tight SL, but It should head down in London.
This zone has been rejected more than four times, taking a sell here since price hasn't really retraced.
I took a small buy here, it is risky because it is below the cloud and rejecting from H4 CTL but I believe London will push this pair up to 130.500-131.000 area.
Here we have #EURUSD that is rejecting after touching the cloud. 1H has had few rejections off it, Kijun is flat and Tenken sen is supporting the price. I am expecting for it to start dropping from here.