Monthly - Retracement with new candle Weekly - Perfect M formation Daily - We have broke structure starting making HL HH 3:1 ratio
Monthly - retracement to the W neckline Weekly - we could be making a ICI Daily - we are creating a HEAD and Should at the 0.90000 price ( Basicly rejecting this price ) SL placed on the 4h retracement above 78.2 gib lvl TP 4:1 neckline on monthly candle retracement
Monthly - bearish sign We are currently forming a 2 top Head and shoulder Weekly - bearish We broke structure to the down side Daily - bearish Clear broke of structure Also we made a perfect I.C.I. to the down intraday time frame head and shoulder
I called this trade before we just got a SL hunt, Trade still valid Monthly Bullish : presure broke many structure last month Weekly Bulish potentiel, we have a perfect Impulse Correction Daily Bullish broke resistance turned support
we have multiple an ici on the Weekly time frame and we have a W on the daily we are currently on the neckline we could expect a impulse
We have just retest the neck line of the head and should so once again we follow the wave We just made a correction there's HIGH PROBABILITY that another Impulse will be created Im have a trade at 1964 right now, I will try to get another position higher arround 1668 if the market give me the opportunity. good risk to reward
Monthly - bearish : restest of neckline M formation Weekly - bearish : restest of neckline M formation + : retracement to fibonnaci level 50%/61.8% Daily - bullish : When we will start getting bearish signal, I will be looking for sell in the 4h chart and lower
Im just following the wave impulse correction impulse correction. Very easy concept with a perfection risk management and risk to reward if you look on my chart I took these 2 other trades on gold. everything is documented on my wall of tradingview.
LAST bearish moving was artificial to grab liquidity and the way that the daily candle close its artificial too ( TRAP ) to beautifull to be true the bank are trying to bait many trader to grab liquidity again they made a bearish looking setup, but we have to be carefull potential of more upside I think the bullrun is not finish on USD pair
Clear way to see USDCAD in the next 3 month my strategy is 100% there as you can see we have a W formation + impulse correction
MONTHLY- we could have monthly retracement fibo WEEKLY - bearish : W formation the reason Why i will take this trade DAILY - Clear rejection of the last Fibonnaci level 78.2% 4h time frame - 3 things is going on 1- head and should formation trend changing partern 2- We have a double top mean trend changing patern 3- We have start making LL/LH trend
Impulse correction and impulse on the 4h time frame
on the Daily the market looks very bullish and we have a lots of trader turned bearish because the market is bellow 2000$ so i think we can see a market retrace to the last fibonnaci level 78.2%
Long swap on our side New monthly will retrace to the first fibonnaci level you will have 2 type of trade on this one RED line more risk better better reward ( break and retest ) BLUE line less risk don't forget it's a game of risk management and probability Let's say we have 70% chance that the market go in our favor with a reward of 4:1 That's a good...
We have a daily impulse correction ( potentiel to have a next impulse)
Monthly - potentiel making a green candle by the end of the month ( Bullish ) Weekly - Impulse with slow correction at the neckline of W /// As predicted on my previous analyse of EG Daily - Should make another High NEGATIVE POINT - Swap trade is not in our favor and this trade could take 1-2 weeks
Trade every low of this swing Monthly - Bullish ? : rejecting 3 month downside Weekly - bullish : making HL structure Daily - bullish : broke and wait for restest Swap trade are not in our favor so dont hold trade for too long
1. Monthly, Head and shoulder ( Bearish ) 2. Weekly, Retest of M neckline with perfect ICI ( Bearish ) 3. Daily, EMA cross for short and Macd bellow 0 ( Bearish ) Wait for 4h and 1h shift environnent for Entry