Very high probability short trade at market here. Nice ascending channel with lots of confluence. Target at structure and stops ATR above highest High. Good Luck
Looking at 2 types of entry here. the first is "at market" in the form of a Fib Inversion entry. The second is a more confluence based strcuture trade where entries would be a little higher but consists of equal measured moves (ABCD), major structure and Fib cluster. Would need to wait for more conservative entry signals for the second entry. Good luck!
Daily indication of deceleration at major structure. Ascending channel with 4 tests of the channel and short signal at 8819. Divergence on RSI. Targets at start of channel formation. stops ATR above highest high
Looking at this pair for a while. We have reached a significant level of price structure and should provide a decent level for those looking for the short term rally. Not the best divergence but still a great looking set up at market. Good luck.
Following the bullish fun the last couple of weeks, I have just taken advantage of this very nice high probability short at structure after watching the deceleration on the higher time frame. Coupled with the double top on the 4 hour (entry signal at market). There is also confirmation of an FTB candle on the 6 for lower time frame entry and trailing stops. Good luck. JG
Looking previous structure resistance, we have a nice ascending channel complete at the upper level of the zone. Also completed slightly lower, was a ratio pattern (Gartley). Divergence on the RSI too makes for a nice high probability short. Targets as indicated. Good Luck.
Strong bearish move losing momentum at major structure. The trading time frame is presenting a descending channel. Entry on low touch point. 2 to 1 R:R Good luck in the markets
What do you guys think will happen next? Hit the comments...
Following strong bullish rejection and a time/price symmetrical DT, we now have an ascending channel on the 2nd test which confirms strong bearish prediction. High degree of certainty (78%) that this market will test 1506 following a rollover here Good luck
Another nice ascending channel on this pair for a short to the start of the channel. Good luck in the markets this week and watch out for the news.
NIce set up on the AUDUSD showing a strong sign of continuation o the upside. Either a breakout and rally or a small rollover then rally. Conventional flag pole extension targets line up with previous structure resistance. Good luck
Bear Gartley completed at major level of structure for a nice short trade.
As we see on the higher time frames, we have 2 signals of the market running our of steam The descending channel is now forming for a quick long relief rally. Good Luck
Following a strong bullish run this morning, we have hit a major level of structure and as a result seen recent deceleration as we approach the resistance level. The market has shown an ascending channel with bearish divergence on the RSI. Target would be at the start of the channel with stops an atr above the highest high. Good luck!
As you know, I have maintained a bearish bias on this pair for a LONG time now. Expecting a move down to 1.040. Here is an opportunity to short from a higher time frame perspective. Following the new low, we have a pull back into structure, a test of the EMA zone, a test of the 50 EMA, deceleration and a Doji signal for orders. Nice reward to risk on this one...
1.8400 even handle providing a very high probability structure short showing signs via previous resistance, divergence, loss of momentum and a descending channel. Targets at the start of the channel. Good Luck
After 13 consecutive days of the bears being in control, it looks as though the pressure is losing steam and we are likely to see the buy orders filled at 6700 This is likely to cause a relief rally back into previous structure. Confirmation of this prediction is also supported by RSI Divergence Low test bars retests falling channel even handle number Looks...
Major level of structure being tested on the EUR (in this case support) where there is a high probability of a reaction. Stops are an ATR below the lows and targets at structure. Good luck in the markets. JG