Roker1

Roker1

Updated 

Hi guys, here we have a nice 2618 on a trend continuation setup, You can see we broke to the downside the last support level (black line) and now we are retesting it. We know that when broken, support could turn into resistance. In addition price is finding some troubles at this level. We have a double top with rsi divergence that's been broken to the downside. So...

Roker1

Updated 

Hi traders, this time i want to show you a flag pattern that is forming up in 1hr chart on AUDNZD. Here we recently broke and closed below an important structure level (black line), so we expect price to continue lower. It is very usual to see consolidation patterns after impulse legs like this, and the likelihood is that market continues on the impulse leg's...

Roker1

Hi traders, this kind of analysis is unusual for me to share, but i want to show how important could be having more reasons together as confirmation of your bias. The black line correspond to a daily support level, that could turn into resistance now that's been broken. Not only do we have structure, we also have two different harmonic pattern (equal measure move)...

Roker1

Hi traders, another pattern on the horizon, this time on EURJPY. The black line indicates a daily structure level, and right there gartley's gonna complete on 1hr chart. This is a good reason for entry for my rules. Stops above X, targets as usual. If you have questions, please ask below. Otherwise, see you in the next chart!

Roker1

Hey traders, i'm already involved in a USDCAD trade, but for educational purpose i want to share with you this setup in lower timeframe. As you can see in 4hr chart, we broke and closed below X, that invalidates our previous pattern (even though we're still in that trade) giving us reason to believe price is heading lower. Considering that, i search for selling...

Roker1

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Hey traders, after two profitable trades on this pair, let's see if this winning streak continues. The level we are looking on is always the same daily resistance. Price now is consolidating; usually in this condition patterns breed. This time is Gartley's turn to appear. Stops above X, targets as usual for patterns. If you have any question, don't hesitate to...

Roker1

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Hey guys, i've just exited my position on USDJPY for a profit of 120 pips, but that doesn't mean i cannot reenter the same pair again if i have reason to enter the market. And this is precisely the case: we are heading back to retest the double top's top and we are still in the same level of daily structure (black line). Price broke to the downside the previous...

Roker1

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Hi traders, this analysis starts from higher timeframes. As you can see in the attached analysis i predicted usdjpy was coming to test this level some days ago. Now at this level we have a major structure daily level (black line) with a couple of fibonacci levels for confirmation. Another confirmation comes from RSI, that has a divergence on the last highs. In the...

Roker1

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Hi traders, this setup is similar to the USDJPY's one. We are testing a resistance level (blue line) and we created a double bottom with rsi divergence and then we broke that to the upside, giving us reason to believe in a change of trend. So we wait for a .618 retracement of the impulse leg that broke the double bottom and then we buy the market. First target at...

Roker1

Updated 

Hi traders, this analysis require little explanation: we are approaching a level that has been rejected other times in the recent past. The Bat formation completes right at that level, boosting our confidence in this trade opportunity. If you have questions, please do underneath. Otherwise, see you in the next chart!

Roker1

Updated 

Hi there, here is another analysis: on USDCAD we are testing a nice daily and 4hr support and resistance level. I think price may go higher and this level is a good one for buying setups like this. In 15m we have a Bat Formation completing at 1,3370. Stops go below X, target as usual with this kind of patterns. See you in the next chart!

Roker1

Hi traders, i want to share with you some of my analysis here on EURCAD. Right now we are sitting on a daily support level (blue line), which was rejected more than once by price. We have just put an engulfing candle after a 1pip-missing double bottom. This could be the first signal of a big reverse, together with that huge rsi divergence going on for the last...

Roker1

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Hi guys, another analysis today: i wrote all my clues of this trading opportunity on the chart above. So just look there. I want to emphasize my last clue, structure. Without it i do not even consider the possibility of entering the market. Stops 1atr above double top's highest high. First target at 1:1 RR, second along with structure. Let's see. If you have any...

Roker1

Hi guys, here on NZDUSD we have broken to the upside the last important structure level, the next one is far away and in cases like this we want to hop on the trend to ride price till the next level. Usually when we have no structure looking left, price goes very fast, and we have to watch even lower timeframe like 15m and 5m. In 15m we have a nice Bat formation...

Roker1

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Hi traders, today i want to show you a nice short-term setup. We have 3 out of 4 leg of the Bat pattern and we are waiting for the 4th. It's gonna complete right at previous resistance that could act as support this time. My levels of entry and stop are displayed on the chart above. Targets, as usual, are .382 and .618 retracements of AD. This pattern is going to...

Roker1

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Hi traders, here on USDJPY we just broke above an important daily structure level, the next level would be near to 114 flat. With that being the case, i want to be involved only in buying opportunities; recently in 1hr chart we had a good double bottom and after that price broke that to the upside, signaling also in this timeframe a bullish tendency. A 2618 is a...

Roker1

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Hi traders, if you remeber i posted a 15m flag pattern that cost me a loss on Monday (see attached analysis). The analysis is still the same though, only the timeframe has changed. We've already broken to the upside this formation: you could buy the close of the breaking candle or you can wait for a deeper retracement in order to have a good risk to reward. It's...

Roker1

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Hi traders, this 15m trade come, as usual, from my higher timeframe analysis: in the daily chart we are in no man's land, meaning we do not have any structure level until 120.60. This means that i'm going to consider only bullish opportunities. When scenarios like this happen market is usually heavy trending in one or another direction; it is hard to wait for a...