Head & shoulders breakout: A nice short opportunity we can see forming, support broken and the retest, once we have got the conformation of the rejection we will be entering a sell position. 126.900 is the target with a risk/reward of 1:11, such a gap to the downside which I will be riding the wave all the way down!
A nice short opportunity if we see a close below the range it is currently in on the lower timeframes. A nice descending triangle formation with the resistance of the pattern now being tested, I think we will see it short into the 1.39465 area. SL placed just above the exhaustion candles on H4, risk/reward of 1:5.21. Once it reaches the support of the triangle I...
Is GBPUSD about to drop again with the sellers taking positions? A nice H+S Formation, now I need a break of my support and then there is a gap to the downside of around 800 pips. This could be a very good trade lining up! Instagram: @millionaire.ttfx tt-fx.com
Here we can see a lovely harmonic pattern formation, now I am looking to swing this all the way down to the 68.00 level. A risk/reward ratio of 1:3.5 which we should get some good gains out of. Let me know your thoughts below!
Harmonic pattern formation with a clear rejection from C. Will wait to see where price ends up before selling from point D. Let’s see how it plays out! Think we could see price hit the 0.87800 level before a sell off period once again down to the 0.87200 level and then further.
A bearish cypher looks to be forming on this pair, looking to see if we get a further push to the upside or a continuation down to point D before a nice long trade. Will await conformation for the sell to D. Or if I see no definite conformation I will hold out and see how it plays out.
After price formed a Head & Shoulders pattern, broke the neckline and reversed we can now see a double top formation forming. I would like to see down to the 1.4200 level and roll stops to entry so if we get a reversal we will be covered. However, I can see price carrying us all the way down to the 1.38400 level which is also a major level of support. Once we...
GBPUSD Ready to make its next drop into 1.23300 level.
Potential shorts on gold, looking to see how market open affects this pair. I feel as if we are getting the second sell of period since COVID-19 has hit us and I think we will see price bottom out at around the 1676 level once again, once we reach this area I will again reassess to see if we are going to get another long opportunity or a breakout, retest and...
Hoping to see price come down a little more to retrace on the 61.80% fib level, at this level I will look to zone in an entry when I see a clear rejection happening. This upside target is around a 200 pip move. Lets see how this plays out!
A long opportunity on GA is around the corner, a lovely break of the resistance. Now we need the pullback before the next push to the upside. Targeting the 1.99000 level. Lets see how the market opens!
After a nice fakeout and buy opportunity I see my TP hit of +230 pips. Now looking for a re-entry and a swing trade all the way up to the 1.99000 level. Want to see price have a retest of the support before entering. Let me know your thoughts below!
A nice takeout of a previous level of resistance, now looking for a nice short of around 60 pips in total. However, price could go even further.
Daily descending trend line about to be tested. Here, I think we will see a nice rejection and a breakout of the counter trend line. Making this a nice short into around the 65.000 level. Lets see how it reacts to this trend line before executing an entry.
Another short opportunity lining up nicely! Lets make the most out of it!
Potential short term bull run on GA, if it doesn't break the support. Aussie Dollar looking strong at the moment though so we will see! Let me know your thoughts below!
Lovely Head and shoulders formed on H4. Looking to now wait for the retest of the neckline and then sell to around the 1.36900 level where I have a major level of support. This movement is also the range from the neckline to the top of the head of 250 pips.
Gearing up for a nice short on GU, price looks to be losing momentum to the upside, lets see how it plays out! Looks to be rejecting this current resistance level and point D, could be a lovely short! What do you think? Let me know below! Insta: @millionaire.ttfx