Roker1

Roker1

Hey traders, today i want to bring an unusual analysis for me. This analysis is made of different clues, all pointing in the same direction. When trading you have to be on the majority side and collecting different evidences puts ourselves on the side of more and more traders. This way we can boost our confidence and the likelihood of this opportunity. The clues...

Roker1

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Hey traders, this seems a dejavu but it's all real: we have another Gartley on NZDUSD. Furthermore, the bearish movement that broke and closed below the most recent low (XA) is signaling a bearish bias. Maybe NZDUSD is ready to continue the daily downward move after this retracement. Anyway, when price comes so close to my entry (2 pips) i usually cancel my trade...

Roker1

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Hey guys, second analysis today, here on audjpy we can see we are testing a former resistance level. At this point price gave us a long wick to the top candle (selling pressure) followed by an engulfing candle. All seasoned with RSI Divergence. That's enough for me to trade. Currently i'm waiting for a pullback in order to enter short. First target at roughly 1:1...

Roker1

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Hey guys, here on EURUSD we have a nice trading setup, since we broke below the most recent low and now we are pulling back to the resistance zone. I've outlined a box (between ex support and actual resistance) and in there i'm looking for a candlestick formation, considering we've already entered an OVERBOUGHT condition. Trade simple. If you have any question or...

Roker1

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Hey guys, after earning some pips from my audusd trade, i now am focused on NZDUSD that could give a nice opportunity during the night, or tomorrow. From a bigger perspective, in the daily chart price is in downtrend, being the break of structure to the downside, and is now retesting the former support that has been broken. When price approaches these "hot" zones...

Roker1

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Hey guys, hope you all spend a good holiday time with your friends and family. As you know, Forex never (or almost never) sleeps. And here we are, January 2nd back to the chart. Today i want to focus my attention on this situation on AUDUSD. My analysis start as usual from higher timeframe. In daily chart we can see we are testing a former support level that may...

Roker1

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Hey guys, i'm not trading until the new year but i want to give you some educational content. On the left hand side we have a daily chart. As you may see recently we broke to the upside two big resistance levels and now we are coming back to retest this level. The break and close above make me think the trend has changed and i think we may see another upmove. As...

Roker1

Hey guys, this analysis is going to be long, but i want to explain how i view the market and i do my top down analysis. As we can see on the left, we recently broke and closed below an important structure level (blue line) and this means we are in a downtrend. Our bias now is bearsih, and we want to be involved in a short position. Nonetheless, we can't set a...

Roker1

Hey guys, as you may know consolidation breeds patterns, and there they are. Two Gartleys unfolding on the hourly chart. Stops above X. Targets as usual for patterns. If you have any question, please comment below. Otherwise, see you in the next chart!

Roker1

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Hi traders, i won't be long in this explanation for the background of this trading opportunity is the same of my previouos eurusd analysis. The bottom line is that we are now looking for simple patterns to go short. This flag pattern for my view has been broken right now. The last red candle had closed below an important psychological number (1,0400). My position...

Roker1

Hey traders, after waiting for a long opportunity on this pair yesterday we've now changed our bias on EURJPY 0.13% due to price action language. Learning how to read a price chart gives an edge on the market and allows you to be prepared to whatever markets can offer. In this case, being the break of structure to the downside, trend is headed lower and i want...

Roker1

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Hey guys, after missing a nice and profitable flag pattern on EURUSD we have another chance to hop on the trend in another USD pair. This time it's the AUDUSD turn. We recently broke to the downside a flag pattern and we are now heading back to retest the most recent lows. In higher timeframe we are "free falling" cause we've broken support after support. I've...

Roker1

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Hye guys, as usual i've outlined daily structure levels with a black line. Right there, in a lower timeframe, we have a potential cypher pattern completing right now. I would be very interested in this setup because you should also shoot for extended move. Stops below X, target as usual in pattern formation. If you want, comment below. Otherwise, see you in the...

Roker1

Hey traders, on EURUSD we finally exited a 2year consolidation period. Price chose to go lower and we want to hop on the trend as soon as we can. Right now price has no structure on the left and so there's a potential for a huge move. In this scenario trend is usually very strong and doesn't give long retracements to go short. But we can find small consolidation...

Roker1

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Hey traders, here on EURJPY we have a good trend opportunity. JPY piars are all trending very heavy lately and continue to make higher highs. Being that, i want to hop on trend everytime price gives me a chance. In this chart we have two AB=CD patterns, three good fibonacci levels all lining up at previous support. Sounds like a good opportunity to go long to me....

Roker1

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Hey traders, this analysis may come too late but i wnat to give you just for educational purpose, showing you my process of reading a price chart. As usual, my analysis starts from higher timeframe such as the daily chart, where we can see we are in a bullish trend. Now price is retesting support and we can for this reason search for long opportunities in lower...

Roker1

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Hi traders, on EURNZD we recently broke into new lows (since mid2015). The next level of daily structure is way down at 145.00 flat. In this case we can see price "free falling" downward, so there's no space for big retracements that allow us to enter the market at good levels. We can see though some simple pattern formations that let the price breathe and give us...

Roker1

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Hey traders, here on USDJPY we touched an important daily level at 116.000 and now price is losing some strength. In 15m chart we clearly are in a downtrend and price action is retracing giving us the opportunity to sell the market at a better level. We can enter the market using the Bat pattern above, or we can wait for price to enter the orange zone and then...