NJ has been catching a lot of people on the wrong side of the market with short setups this past month, Price just gave us a reverse impulse and a correction (circled part) that looks like it could be continuation to the downside, I'm not really interested in jumping in the potential sell first thing when market opens, I am more interest in the continuation after...
Price has been bullish for so long, and we're at a Previous HTF High that it may be time to start looking for short plays. We are in a HTF ascending structure and I like the Head and Shoulder nature we have at the top of the structure, this adds confluence to our short bias. Now we wait for Price to break and give us LTF continuation for the entry. All in all a...
We're currently in a Daily Bear Flag, Price is developing beautifully, what I'm waiting on now is a break out and a LTF Flag for the entry. A lot of room to the downside.
One of my favourite USD pairs for when we finally get some dollar strength back in the markets. I'm looking to see if we get a inverse H&S within structuure, it's a very common sign that the correction may be finished. For the entry I want to see some type LTF flag after we breakout or along side the recent swing high.
One of my favourite JPY pairs, not in a hurry to jump in this one need more confirmation of the Short bias. If Price breaks out of the ascending I'll take the first flag out, but If Price tests the High one more time I'll wait for the impulse down then take the first flag.
Price was corrective this week around our swing high area, was still looking for LTF flag entry but there wasn't 'any clear entries. bias is still the same If we get the flag I won't hesitate to take it, but as the entire HTF correction is parallel, I'm aware that Price can easily short so I'll be looking for the confirmation signals for that as well, but I'm...
With how Market closed, it looks like we may finally get sellers commitment this coming week, What I'm looking for is for a lower timeframe tight flag to continue the downtrend, if Price shoots up to test the high one more time I might opt for a breakout entry of the larger flag, my stop loss will be larger but I'm fine with it as we broke out of the larger...
The original entry I had on this on ended up Break even, but the bias hasn't changed as Price is giving us another bullish continuation correction, what we're looking for is a LTF flag entry similar to the one I took before.
Beautiful descending Higher timeframe continuation correction. Watching the lower timeframe descending within structure to see if we get a clear push up and continuation if so I'm looking to buy and hold for the foreseeable future.
Bullish bias on this one. Looking for LTF CAB for the entry. But I'm a little cautious, don't want to impulsively jump in as we just had an aggressive impulse ,so I need to see the correction before taking this.
Another play where I'm kinda neutral waiting on this horizontal correction to complete. then I'll take whichever LTF CAB Entry present itself whether to the upside or downside. I know a lot of people who are bullish on this one. I'm neutral because on the weekly Timeframe the structure is a bit more on the ascending side. Therefore we are still in a high value...
Initially had bearish bias as Price dropped out of HTF Horizontal correction but Price reversed pretty impulsively, so now I'm looking for LTF CAB Entry to the upside.
Minimum of 2 swing highs and 2 swing lows to be considered structure. Looking for LTF CAB Entry. But remembering that Horizontal corrections are neutral. So I'll be looking for the same thing if Price starts dropping.
Depending on how this correction completes, I'll take it to the top or I'll wait for the true Correction after the breakout. But I won't be surprised if this entire HTF correction is not complete and we keep correcting.
EURCAD has a very nice long term bulllish bias. Missed the entry at the breakout of Previous descending channel but Price looks to be making HTF continuation correction. We are looking for Impulsive break plus LTF correction for the entry.
So we have a Daily Timeframe continuation correction to the upside which we broke impulsively then Price went to create LTF continuation correction for the entry. Very clean Price. Would take this setup 1000 times over.
We have an ascending structure past our Previous high. There is no telling how long it will last but what we are waiting on is an impulse down plus HTF continuation correction. Then a LTF correction for the entry for further impulse down.
Price broke out of larger descending channel, Now it looks like it may be creating a large continuation correction which is good for us with a long bias. For the entry we want a clean break of the continuation correction then a lower time frame correction for the entry. A smaller version/variation of itself.