SERGENAYTUG94

SERGENAYTUG94

Strategies will be used on various breakouts and based on each scenario. Need to breakdown further on smaller time frames.

SERGENAYTUG94

Potential short to downside targets of 0.73800 then 0.72500.

SERGENAYTUG94

Looking long.. the analysis explains it all.. -Bullish Harmonic in form - Oversold on RSI - Price on 61.8% retracement We now await for further PA confirmation before entering this trade.

SERGENAYTUG94

Have a bullish harmonic pattern on the monthly/weekly chart with price being at the monthly/weekly support level. We have 4 trend line bounces in the reversal pattern (Falling wedge) with a breakout retest complete. We can possibly see further bullish momentum up to 9.50 then possibly 14.00 where the 200EMA is acting as magnetic resistance.

SERGENAYTUG94

-Possible bullish Harmonic pattern forming -Bearish MA cross over - Channel Completion on 4 hour time frame - Possible ABCD downside formation. Once each target has been met management must take place. If 88.600 is breached then the trade is no longer valid, upside targets highlighted in Red.

SERGENAYTUG94

Bearish harmonic pattern in play with five impulse waves.. correction wave looking to be in play. A break below 0.97300 would confirm our entry.

SERGENAYTUG94

Downside targets highlighted in blue.

SERGENAYTUG94

As outlined in one of our precious posts we suggested this pair looking short. As we have key fundamental data this week such as pending home sales, non farm pay rolls and many other macro economic data. I believe this data would drive the market down. However, as you are all aware I am primary a price action trader and use the fundamentals just for timing. As...

SERGENAYTUG94

Looking short to possible targets of 90.600 then 89.250. Entries should be based below 91.600 or wait for a possible pull back to the song potential sell area as outlined or at resistance level 93.100. We must await PA confirmation before entering the trade. Stops should be placed around 93.650 or above.

SERGENAYTUG94

Looking short on this pair, as you could see price is at its 8 year highs. We have 3 lower highs with oversold on the stochastic and bearish PA confirmation. Price has breached and retested the upward trend line demonstrating bearish momentum building up. Our downside targets bing 121.600, 118.750 then possibly 117.000. However, we also plan for the worst case...

SERGENAYTUG94

Looking Long on this pair careful on how much you invest as NFP is released today. Read description on the linked pair EURUSD i have attached for further details.

SERGENAYTUG94

As you all are aware I am primarily a price action trader, however we all must take into consideration and try and use the Macro Economic data for our favour. As you are all aware NFP would be released today. Based on Price action my targets are on the upside (Blue Boxes) I am assuming the NFP would be negative for the USD. However, that would just be guessing. So...

SERGENAYTUG94 Updated 

We have price ranging in a downward channel and price being rejected at the downward trend line. We have a possible Bullish Harmonic pattern forming so we can look to trade leg C to D. We have a rising wedge reversal pattern with 3 trendl line bounced in confluence with the bearish candlesticks confirming our downside direction. We have oversold both on the...

SERGENAYTUG94

This trade would be a perfect options trade (not binary) price can reach 2400 level. Looks like the 5th impulse wave is in play with price breaching and retesting the downward trend line at 61.8%. If price does reach 2400 we can then expect a corrective wave structure to downside of 1500. However, this would be re analysed. If price breaks below 1800 we can see...

SERGENAYTUG94

Analysing the weekly and monthly chart price is currently bouncing off the upward trendily with the "D" extension complete. Currently we have the 200EMA acting as magnetic support with bullish candlesticks and oversold on the Stochastic. As you could see the Harmonic pattern has been completed with its downside targets being met. Our intraday target being 0.72340....

SERGENAYTUG94

Short targets to the downside on the break below the rising wedge. Targets around 135.800, 135.550 then 135.250. Once each target has been met management must take place. If price breaches above the yellow bearish trendily then this trade is no longer valid. Stops should be placed above 136.500. ***TRADE AT OWN RISK***

SERGENAYTUG94

Overall we are looking short on this pair. Looks like a Correction face is in play with the potential of reaching the "D" Extension on the bearish ABCD formation. However, as we have oversold both on the RSI and Stochastic we can expect an mini ABCD formation on the 1 Hour time frame. So we can expect a pull back to retest the minor resistance and upward trend...

SERGENAYTUG94

As you could see as we have dropped down to the 4 Hour time frame it has become more clear. If price breaks and closes above the red management level then we can see price retesting the resistance on the daily range and the downward trend line. The 200 EMA is also acting as magnetic resistance around this level. We then can look for a short setup from this level;...