RiosTrades

RiosTrades

With USOIL showing big signs of a Seller Market Technical wise, Oil is a major part of Canada's Economy. I want to see price break its recent support and begin looking for an entry after breaking below the Major Swap Level.

RiosTrades

Price action since price rejected from its major support has shown us an Impulsive move following a Bullish Wedge bring price back down to a bullish 38% retracement. I've shown 2 ideal areas to buy in case if this scenario plays out, #1 Entry idea being more aggressive than #2, #2 would be price breaking its most recent resistance and entering the pullback into...

RiosTrades

Bullish engulfing candle, waiting for exhaustion before looking to enter long.

RiosTrades

Using historical data and seizing the opportunity for a good level to buy bitcoin after a dramatizing drop in value. These are the price ranges that I see Bitcoin continuing to before hitching to the upside.

RiosTrades

Buyers are very interested in this new level of support to show a uptrend continuance. Daily Bullish Hammer Close previously shows there is a rejection at the level.

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Double bottom forming at support with a 4 hr bullish candle.

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Using Structure and Trend Analysis, I find a pull back into this level of resistance very important and may show us the continuation in this downtrend with the right candlesticks presenting themselves in this area.

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We are taking advantage of the respect trend line that has been used as a level of resistance and now support. I see price testing its support another time before taking off bullish.

RiosTrades

The Euro has not been showing a loss in momentum or hint of weakness towards the Kiwi. Minor Resistance has been broken, i'd like to see price come back up and test its major level of resistance, if there's a nice pullback into previous structure then that can very well be a long opportunity.

RiosTrades

Short Idea using Structure and Trend Analysis, chart speaks for itself.

RiosTrades

This will be 1 of 2 outcomes of where price can go next week. First one being price is showing us that this level of resistance may not hold its weight this time around with a weekly candle close above previous closes. If price retraces at the 38% level then price may vary continue higher or if price breaks above resistance wait for the pullback. If this is a...

RiosTrades

Sellers are showing importance to its descending trend line, i'm interest in seeing a reversal happening around the 38% or 61.8% which would also be a Head and Shoulder Pattern forming. An engulfing candle at a key retracement level would be great entry or to wait for the breakout of the pattern and speculate candlesticks at the pull back.

RiosTrades

Price action is at its all time high, this reversal pattern that is being formed at this area is very significant to test these previous swing highs and swing lows. Opening next week I will look for bearish momentum on the 4hr candles, possibly may wait for a daily close before entering.

RiosTrades

Coming to the close of this previous week price action showed us that sellers came in a heavy wave, hinting us that price may break its channel also its recent support.

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Bullish pennant 4hr time frame

RiosTrades

This pair experienced a gap in the opening of the market. I'd like to see this gap be filled and also see great rejection at the 38% retracement or slightly below it.

RiosTrades

The Euro has definitely picked up the pace since last week, i'd like to have a clear sight of the Euro breaking its resistance before entering this pair. I'd target the next level of structure because there may a chance of reversal because it'd put us a little below the 61.8% retracement level if you fib the major impulsive wave.

RiosTrades

I see that shorting the Canadian/Yen is a bit too late and risky for the potential target (40 ish pips). My best bet is to patiently let price reach its targets then to find reason to enter long. Price action is hinting us that if price does reverse, we are looking at price come down to its squeeze, meaning we may see a breakout of this Descending trend line.