JayStieren

JayStieren

Short term short opportunity - Using the Head & Shoulders pattern, we can see that NJ is heading north to a recent high. Note: This is a counter trend trade because on a higher timeframe (H4) we are bullish. However, it is quite possibly within its parameters to sell, technically. ALERT: If there are no visible selling patterns or signals in the sell zone, then...

JayStieren

On the H4, Gold drops below the 200sma leaving us with a bearish outlook for the week ahead. Trade is a basic 1/2 RR.

JayStieren

This setup is for all traders in a genuine hurry, or ideally, for the novice trader who is unsure of where support and resistance lines should/could be placed. This idea cements a rough (but good) placement of support & resistance lines on your chart instantly by selecting the highs and lows with your Fibonacci retracement tool (once numbers below are exactly...

JayStieren

Aussie reached its H4 demand zone - the US Dollar is currently waning and entering a supply zone of its own. NFP tomorrow could have an impact, however technicals seem good to go on this Aussie preferential bias.

JayStieren

For all traders in a genuine hurry or ideally for the novice trader is unsure of where support and resistance lines should ideally go. This idea cements a rough (but good) placement of support & resistance lines on your chart. It's useful for all tradable assets and all timeframes. Note the Fib numbers to the left - set your fibonacci up just like this and save...

JayStieren

Price at this moment in time has pushed up and over the 50ema suggesting we are set for a new uptrend. We are reaching resistance, but if a successful breakout occurs with momentum and a new uptrend begins, then we can prepare for a long provided we get some sort of buy signal and as much confluence as possible - ie price seems to be respecting a tight triangle...

JayStieren

An idea to sell NZDCAD on H4 as price may break the neckline of the head & shoulders (H&S) pattern. In this case, a sell looks a good prospect of success. This is how I would go about things, you might want to do things slightly differently. S.L. = 0.89589 Entry = 0.89324 Take Profit = 0.88400 Reward/Risk is 3.69/1 Good luck!

JayStieren

ENTRY approx 6590.4 to 6615.2 S.L. @ 6490.6 T.P. @6910.2

JayStieren

Within support we have a double top that has formed. We also have RSI divergence which is an added bonus for the short.Wait for a red kicker candle for confirmation of the short before entering a sell with around a 2/1 reward/risk.

JayStieren

A double bottom has already formed on Silver 240 chart. We are waiting a green kicker candle for demand momentum confirmation. Reward to risk = 1.4/1. Enter around 1.21069 - Entry reason: Bearish engulfing . S.L. 1.21789 T.P. 1.20034 Entry - awaiting green kicker. S.L. is around 24.77787 T.P. is approx. 26.15417

JayStieren

A double top has already formed no the GBPCHF 240 chart and we are good to go. Reward to risk = 1.4/1. Enter around 1.21069 - Entry reason: Bearish engulfing. S.L. 1.21789 T.P. 1.20034

JayStieren Updated 

Oil is an an uptrend right now. Hence, we can see 3 long positions on the chart. Trade 1 is the riskiest trade of the three. It runs up to resistance on the daily chart. Trade 2 is a moderate risk trade at perhaps a better entry price. Trade 3 is the safest long and is about 1.4/1 R/R. (T.P.) Take Profit = $54.13 (except trade 3 which would be $53.21). Look for...

JayStieren

DAX is hitting a powerful resistance level which has seen recency, strength & frequency since summer 2020. Double top showing on the 240 chart with a possible red kicker candle. Do choose your entry reasoning wisely & always manage your risk. We could see a failure on positive covid vaccine news, but interest in that could wane sharply as we saw recently. S.L. ...

JayStieren

Head & shoulders forming on the German 30 (DAX) Prepared to go short once a momentum candle has set. R/R 1.4/1 Target 127 pips

JayStieren

Bearish wedge showing up on LTCUSD 30 minute chart. Short opportunity..

JayStieren

GBPSGD short bearish cypher pattern matured.

JayStieren

A bearish shark pattern seems to be maturing on the 30 minute chart. Entry @pprox 26287.42 T.P. 1 @pprox 25957.00 T.P. 2 @pprox 25619.46 S.L. @pprox 26389.64

JayStieren

We have a bearish bat pattern near-completion on the 60 minute Australian 200 index. Entry @pprox 6038.5 S.L. @pprox 6069.2 T.P. 1 @pprox 5984.4 T.P. 2 @pprox 5929.2