1.Signal given with break of weekly TL. 2.Targeting Outer Weekly TL 3. Price Action showing bearish sentiment
Price action on Monthy, Weekly and Daily is indicating a high potential for price to drop further. Fundamentals line up pretty well with this trade. Stop loss above previous Higher Low for lower risk. Madness to my method R
1. Bullish Wolfe Wave 2. Weekly demand rally 3. Corrective ave due 4. Price Action showing bullish sentiment Madness to my method R
Entry confirmation was given with the Bullish Engulfing candle on 1st Dec. When you look into the Wolfe Waves anatomy you will find ABCD patterns which one can profit from. When studying the ABCD pattern above you will notice its pivot points are in confluence with golden ratio %, coincidence? This is a high reward set up which works. The set up presented itself...
Trade Plan - Waiting for PA to present itself at 88.50 - 89.00 to enter short Stop Loss - 90.50 Exit 1 - 85.00 on Bullish PA and/or bounce off short term CTL Exit 2 - 81.00 Full position. If positions get Stopped then I will look to re enter short at 91.00 - 91.50 where we have CONFLUENCES of 61.8% weekly Fib and a potential 3rd TL Bounce. Stay...
1.Correction trend line broken on 1hr TF 2. Price rejection off 190.00 which is a key level 3. Inside Bar breakout Happy trading R
I have been waiting for price to reach the 1.57 handle to short. I have been triggered in with a 1:3 Risk Reward set up. Happy Gains R
Price Action and rejection off 195.00 on Daily and Weekly gives this drop a high probability... Happy trading R
Price rejection from 1.5600 shows a high probability rally to 1.5700 handle where strong resistance awaits. R
1.Price Action is putting in Lower Highs and a Lower Lows. 2. The Hanging man candlestick is a bearish signal 3. Target is at previous structure Im aiming for a 8% gain with only a 2% risk! R
1. WW4 has now begun its climb up 2. WW4 is C-D leg of ABCD pattern. 3. WW5 and D leg will begin around the 1.60 handle. 4. Strong supply at 1.60 handle. The pattern has not completed yet so patience is needed. But looking at price action there is a high probability rally to 1.60 regardless. Please see @4xForecaster on tradingview and twitter to have a...
1. Daily Supply Zone that broke a strong weekly trend line @141.00 handle. 2. Golden ratio (61.8%) potential bounce from strong resistance @ 141.00 handle. 3. RSI in extreme over bought levels. 4. Potential pull back to Daily trend line 3rd bounce or break. 5. Potential pullback to key support/resistance level @ 137.00 handle. Waiting for bearish candlestick...
1. Double bottom pattern breakout. 2. DB range in confluence with inner Trend Line 3. DB range in confluence with ABCD Fibonacci extension 4. Weekly trend line bounce causing DB 5. Price needs strong Supply to continue downtrend 6. $ showing weakness on DXY. 2 Entry set ups and 2 Exit strategies. R
1. Potential rising wedge pattern 2. Trend Line confluence 3. Resistance @ 181.00 handle 4. RSI bearish divergence. R
1. Potential bullish Wolfe Wave 2. Wave 4 is due its decline 3. Strong resistance @ 0.78 level. 4. Price Action indicating Bulls are losing steam on all TFs. Based on Wolfe Wave rules, one must enter on wave 5. However if you can spot the geometry early and forecast where Wave 4 will begin then why not enter at wave 4? R
1. POTENTIAL BEARISH WOLFE WAVE 2. Geometry is indicating a decline. 3. Price Action indicating bulls are running out of steam 4. Strong resistance @ 1.50 handle. 5. Great Risk Reward. R
1. Potential Wolfe Wave/ Rising wedge pattern 2. Price Action showing resistance at 0.77 handle 3. Potential test of 0.78 handle 4. Leg down is due. 4. Trend line confluences Set and forget trades! R
1. Rectangle pattern (buy low sell high) 2. Strong support 3. WW pattern wave 4 almost complete 4. Symmetrical Triangle within WW 5. Play the range 6. Break and close (D1) of support signals SELL OFF Target 1: 1.2605 Take Profit: 1.2690 R