A short term opportunity appeared on AUD/NZD. Price has broke and retested the structure S/R level (Red 1.0523~1.0542). A double top has formed right at the same area. TP@1.4570 (near PL) SL@1.5510 (above S/R level)
A simple trading set-up on EURUSD: A double bottom has formed right at the minor structure S/R zone (Green). TP @ 1.1536 SL @ 1.1382 (Below the double bottom)
West Oil Price has just broke and hold above another important level (54.20). Currently, price is trying to break the consolidation zone (Green) as we are waiting for a Higher Close candle stick to confirm the BO. Next Target Level would be at previous structure High near 57.90.
Another Pair regarding NZD we are keeping an eye on. Price tried to hold above 1.6715 but failed and broke down. Currently, it is retesting the BO level. TP@1.6524 SL@1.6815
Price just broke out the TL (Red) and formed a Higher High. A Triangle BO Pattern is also forming near PH. TP@0.6906 (Prior Structure High) SL@0.6806 (Below Triangle BO)
Gold has surpassed the recent resistance area near 1298.63 (Green Line) and currently holding above the Daily Resistance Level. We are waiting for a pull back and confirmation to get on this trend.
Price is currently retesting PL. We look to short and target the 1.272 Fib-ext.
Price is consolidating near previous structure resistance zone (Red). The market is forming a base near 1.7385 and we are looking for a possible BO on the upside.
Price BO and holds above 1.8600 Level (Orange Zone). Another NH has formed indication more strength to the upside. We are looking to long when the market retests the TL (Pink) which is also near the 0.618 retracement. TP & SL as shown
2018-8-15 1. Market just broke previous structure Lows on Daily Chart 2. We are waiting for a Fib 618 retest of the structure for our entry. Targets as shown Stop Loss right about the BO area
2018-7-17 1. Price just broke and retest the 4H Structure Resistance/Support Level. 2. We are looking for a short term trading opportunity Target Price at Previous Tops (As Shown) Stop Loss at Previous Low
2018-7-17 A simple 2618 Trade set up: 1. EUR/AUD been moving sideway after previous BO 2. Price has been retesting the BO level 3. A Double bottom has formed and we entered at Fib 618 Retracement Targets at Previous Tops (As shown) SL below Previous Lows
2018-5-23 1. Market has tried to push pass 1.2938 Level but failed 3 times (Yellow) 2. Finally, Price breaks below the support 3. We are looking to Short when the price retest the structure resistance (Blue Zone) for a better RR Stop Loss above previous structure High (Red Arrow) Targets as indicated
2018-6-6 Few things stands out in the Gold Weekly Chart: 1. Price has tried to pushed through 1357.6 level a few times and failed (Purple) 2. Price eventually broke through the short term support near 1307 after trying to fight back since early Feb 3. Long Term Trend line is broken (Red) 4. Right now the price is moving sideways (Red Zone) Conclusion: We look to...
2018-6-12 Cypher Pattern Completion right inside the Structure Resistance Zone (Blue Box) for an aggressive entry. TP @382 Fib ret SL above X-Leg
2018-6-6 1. Price is now retesting previous Structure Resistance Level (Red Zone) 2. Aggressive entry using Gartley Pattern TP @Fib 382 retracement SL above X-leg
2018-6-4 Simple trade set up: 1. Market is trending down for GBPUSD pair 2. Price is now retesting previous structure low 3. Aggressive entry using Gartley completion SL above X-ley TP @Fib 382 Level
2018-5-31 1. Price previous broke the long term daily trend line 2. LH/LL has formed 3. Price has just broken out previous structure lows 4. We look for trend continuation opportunities and Short when price retests previous resistance area (Red Zone) Stop Loss above previous High Targets as shown