Hello Traders! NZDCAD has a setup which may result in triggering a buy. Since this setup is picking a bottom, I'd like to see some strong confirmation that price will turn from here. Targets are also unclear as price is still in a bigger pattern and can continue to consolidate or break out of it, extend it, etc. Bottom line is this is just a trade that may be...
Hello Traders! NZDUSD seems to be setting up to break out but picking bottoms is high risk! Let price give some type of confirmation before getting in. RSI is showing major divergence but, this is counter to the bigger, primary trend so it must be traded carefully. Good Luck!
Hello Traders! Gold Euro looks like its making a small correction and is in its C wave. once complete this can breakout and drop substantially. Price broke out of its uptrend and now I am just waiting for a TCP to finish forming to sell. Good Luck!
Hello Traders! Silver seems to be setting up a play here. As far as right now, I do not see a definitive setup to get into, but it may come up.
Hello Everyone, it seems gold is in a big Daily correction. I am anticipating a bearish wave down to the 1.13 ext and .886 ret. confluency zone. As of a sell from top, it may be too late, but any Trend Continuation Patterns found on lower TF may be a good opportunity to Sell!! Good Luck!
CADJPY made a big Pattern and . now a T.C.P. after it broke out which seems like it may end now, if it does then we have a continuation of the bigger wave which means we may be able to sell it up to the retracements. Good Luck!
Hello Traders! EURCAD is forming some patterns. Ive identified its current wave as B. It seems next comes C and after, another impulse. Ill keep post updated as patterns continue to develop. Good Luck!
Hello Traders! Im looking at Pound for a potencial Breakout of a Trend Continuation Pattern. Buy from bottom is not a bad idea. You could either let price come down to you or find an entry once it breaks out. Sl can be below trendline of the small T.C.P. You may find an entry on the 1-5min chart for the skilled trader.
Hello Traders! USDJPY continues to have a very strong uptrend, and it continues to show the downside is still counter trend. it is giving a good opportunity to buy it at a dip for at least 200 pips of profit. Price is currently in a bearish channel. This trade offers an opportunity for entries at the dip(higher risk to pick bottoms), and entries at the breakout....
similar case to EURAUD, buy continuation patterns
Hello Everyone, EURJPY has had great momentum but looks like it will soon the bulls will die down a bit. take and trend continuation patterns as they appear on lower time frames but keep in mind the fib levels for price action to start getting bearish. Watch this pair for the next impulse, trade it safely, trade with a plan and you will stay in profit blue! Show...
Hello Traders! The Plan for GBPJPY: It seems GBPJPY is starting to show bullish momnetum, but it's not official until price shows us what direction is the countertrend. A precaution is to buy after a correction, or for more exierienced traders, can buy within that correction. Enjoy your weekend! Show some support :) (Y)
Hello Traders! AUDNZD is setting up one of my favorite trades! This is just classic for me. Ive been catching pips on setups like this since I could remember.. This of course is my ideal situation. Ive readily predicted and traded it many times. this exact setup has given me some of my BIGGEST reversals. 2 Examples: Taken from USDTRY. If you click on the chart...
Hello traders! We have a TCP forming on AUDCHF and we must wait for price to reach the bottom to buy. short term sells may arise for now.
Hello Traders! from the looks of it, the immediate counter trend of the market is bearish so we should look for long setups in the meantime. I believe we are completing the "B" of a B wave so next comes an impulsive wave: C. I will anticipate some kind of TCP to form most likely on 1hr early next week. After B wave completes we can anticipate the start of C Good...
Hello Everyone, First off I'd like to adress the more important move coming up on NGAS We could see the Weekly Impulse followed by a correction. Going down into the Daily, we see Structure is quite complex but I've been closely observing NGAS and it is finally becoming clear. It seems we are in the middle of a C wave and may look into the Sell side for its...
Hello Traders! We have a very good setup forming for EURUSD. If price makes a good TCP, This may be big and very good trade!
Hello Traders! We have a good setup coming up on Euraud. It is forming what seems to be an ending Diagnal and it seems the bottom is at the trendline. for now, there is more downside to be anticipated for a few hrs until it reaches the bottom. Once there, I will be looking for buying oportunities. The buy may last a week or so. Good Luck!