NickofJupiter

NickofJupiter Updated  Aug 18, 2016

Potential big move to the upside coming Must break this structure level and establish it as a new support level

NickofJupiter Aug 18, 2016

Adding to my short position from my previous NZDCHF post Adding based off the red trend line bounce and the potential double top formation in the green rectangle Target zone is still the white rectangle zone at the bottom at the end of the AB=CD move (black lines) MACD bearish divergence is displayed with the contrasting red and green trend lines

NickofJupiter Updated  Aug 17, 2016

Long setup of the re-test of the channel line Low risk trade with stops right below previous structure at 103.90 area

NickofJupiter Updated  Aug 17, 2016

Bat getting close to potentially activating Wait for D point completion Buy at D or in the kill zone ( white rectangle) according to your rules of engagement for entries Stop below X Target at the 50% retracement

NickofJupiter Updated  Aug 17, 2016

Just shorted USDJPY on the touch of the 61.8 retracement This is a simple trade because we broke into new structure lows and are now retesting previous structure First target is the 99.10 level

NickofJupiter Updated  Aug 17, 2016

Entered long position on the 50% retracement of the hammer candle following a steep impulse move Aggressive entry. Hoping to see a close above the hammer candle high and the yellow line support area

NickofJupiter Updated  Aug 16, 2016

I have entered an aggressive short position based of candlestick analysis Entry reasons are the big pin bar and the following inside day candle Stops are right above structure and targets are at my super buy zone

NickofJupiter Updated  Aug 16, 2016

Flag / ascending triangle forming on an important structure zone. Seller keep pushing price back but bulls have establish higher lows. Will be watching for a breakout and retest on this time frame We could also break to the down side if bears manage to hold the white line down and establish a new structure low Either way presents a trading opportunity, wait for...

NickofJupiter Updated  Aug 16, 2016

Neutral bias, could breakout either way Will be watching closely Aggressive entries on close above/below trend lines Conservative entries wait for a retest

NickofJupiter Updated  Aug 15, 2016

Potential Bat Pattern forming on the daily chart around extreme long term lows. Gray box represents the potential reversal zone beginning with D point bat completion and ending around the AB 1.618 extension near the structure low. Be patient and wait for bullish price action on the lower time frames.

NickofJupiter Aug 14, 2016

EURUSD Analysis many different possibilities Both of my buying zones are labeled on the chart. Possible to sell from a retest of the trend line , wait for price action

NickofJupiter Aug 14, 2016

Another NZD pair seemingly bearish. Target 1 at the .6750 level with 1.27 extension and inversion confluence Target 2 in the bat pattern completion area around the .6630 level and the 1.618 confluence

NickofJupiter Aug 14, 2016

Hello traders. It looks like we've come to a pretty strong resistance level on the charts (more evident on the weekly chart) Last week closed off with two consecutive bearish rejection pin bar candles, and formed an inside day pattern while doing so. This area shares confluence with previous structure high fibonacci extensions as seeon on chart. Lets see if...

NickofJupiter Aug 11, 2016

Bearish Bat completed on the 4 hour Giant bearish pin bar formed at completion point with yesterdays news release Target at AD .382

NickofJupiter Updated  Aug 10, 2016

Completed bat pattern

NickofJupiter Updated  Aug 10, 2016

Took this trade for several reasons. This pair has come up to a very strong resistance level on the daily and 4 hour chart. Price action has formed a double top. We also have an inside day candle set up with the second candle being a bearish hammer. I have sold the break of the low of this inside day setup.

NickofJupiter Aug 10, 2016

Potential bullish bat on the daily chart. We are coming down to a strong long-term low-support level Wait for D point completion and preferably for bullish price action in the PRZ for a better risk:reward. Stops under the PRZ. Targets around 105.45

NickofJupiter Updated  Aug 9, 2016

Potential Bearish Bat on the horizon Wait for D point completion Stops above X and above 103.00 even handle resistance Targets at AD 382 retracement