Price Action won't let me let go of this trade. My runner is running through resistance levels with ease so added another position at 1.97805 and wanted to share my thoughts on target levels. Will update if I have to exit the trade before the final target due to trend exhaustion. SEE PREVIOUS TRADE IDEA FOR ANALYSIS.
Price has broken out of 4 hour triangle pattern and closed above daily resistance zone. Entered after retest of broken resistance. Final Target 3:1 R/R
Weekly support / resistance broken and price is respecting the 1 hr trend line Aggressive entry as Daily is forming a head and shoulders pattern.
Price consolidated within the triangular flag (pennant). An upside breakout from the pattern has developed with increasing volume (strong bullish momentum).
Trading the breakout on 4 hour timeframe ABCD Pattern in process
channel broken on 4 hr timeframe Shooting Star reversal signal on the Daily timeframe. ABCD Pattern in progress on the weekly time frame
Hard to swing trade this pair mid month. Looking at day trades with opportunities to sell and buy at key levels and coinciding fib levels.
Continuation of my previously published audcad trade idea. -Daily break and retest completed. -Fibs and ema lining up.
Daily break and retest completed. Fibs and ema lining up. Looking to enter at .92090
Double bottom, completing the W pattern. Price respected the support level at 90.169 technical indicators support long position.
Price action, fundys and technicals support the move down. Fibs lining up and looking for price to reject the resistance zone Sell stop set for 91.506 This is not trading advice. This is my personal analysis. Trade at your own risk.
Price has broken the bear flag on the 4hr.. trading the 1 hr time frame for a 60+ pip move. Lets see if cad will get to our original target again 0.62377
Structure broken on the 4hr uptrend, Trendline broken and head a shoulders chart pattern identified on the 1 hr timeframe. Technical indicators lining up to confirm bearish continuation of the Daily timeframe price action/structure for SELL trade opportunity Swing Trade opportunity for 200+ pips. Sell Stop entry @ 0.62593 This is NOT trading advice. This is...
Broken structure on 4 hr timeframe and bearish pressure identified for continued downtrend movement. Technical indicators are lining up. Sell limit entry set at 192.850
Sell opportunity after break of channel. Strong bearish momentum candle on the 4hr chart. Unless this is a fake break out I'm looking for a sell entry after the retest of the channel. Sell limonite order set. This is not trading advice. This is my personal analysis. Trade at your own risk.
Continuation of Sept. 11th trade analysis. 1. Weekly double bottom chart pattern identified 2. Fib levels line up with S&R zones 3. Original 9/11 trade analysis successful and price action confirms trade is moving towards weekly/Monthly key levels which has been calculated from the completion of the pullback and the continuation of the trend thereafter. 4....
Identified uptrend market structure broken on 4hr time frame. Bearish Big Shadow, printed with break and retest of 98.760 giving us a bearish engulfing candlestick pattern to confirm short. Trading the 1 hr chart. Entry Sell Stop 97.953 Multiple profit targets as indicated on chart. Will update with trade status. This is not trading advice. This is my...
Price has been following a strong downtrend. I see resistance at 1.35 which is also the 61.8% fib, if price breaks out of this consolidation it could hit that roof and then drop imo. So sell limit set for 1.35