Hey tradomaniacs, looks like USD/CHF has found support after the recent breakout. So far we have seen a 3-Wave-Correction which could be finished soon. Price is attempting to break out of the trendline in order to trigger the potential double-bottom which could cause a high probabillity long-setup. Swiss is less likely about to increase interest-rates today,...
Hey tradomaniacs, GBP/USD looks like it wants to fall after the previous fakemove above the key-resistance-zone in roder to grab liquidity. The fakeout is so far confirmed as the ex-resistance did not turn into a support-zone showing that retailers are probably getting fooled by sellers (those who buy the retracement of the breakout). The break below the...
Hey tradomaniacs, the recent fakeout above the key-resistance is a strong indication of a falling market. Previous fractal has shown two fakeouts and liquidity-grabbing into both directions showing trapped volume in that zone. This can cause big players to cause fakemomentum to attract more buyers in order to absorb liquidity. A potential S/H/S-Pattern...
Hey tradomaniacs, AUD/USD has just failed to breakout of the daily range and is likely to fall due to high liquditiy which has been grabbed! Good chance to short it now as we currently see risk-off in equities. Let`s see what happens!
Hey tradomaniacs, EUR/USD just broke out below the trend,line of the correction after creating a DT and could ocntinue its move down. Technically aswell as fundamentally good to short as Jerome has confirmed its hawkish turn and said they will be ready to increase rates by 0,5% per session if needed while the ECB remains pretty dovish in terms of rates and only...
Hey tradomaniacs, recent fakeout to the upside has increased the potential for a nice short with high risk-reward. Support-Zones would be the target-zones for a sell here. Overall I guess a good opportunity. What do you think?
Hey tradomaniacs, after the recent rate-hike we`ve seen a sell-off due to the fact that the curent hike was already price in. Anyways we might see a fakemove here and so a potential move up again right at trendline and support-zone. What do you think?
Hey tradomaniacs, USD/CAd could move up with the current correction after the recent breakout of the flag-pattern which is a sign for a trend-continuation. Overall a tricky situatrion for CAD, so fundamentals and news could of course destroy this setup due to the uncertainy regarding to Ukraine/Russia and the Oil-supply which highly affects the canadian...
Hey tradomaniacs, recent re-test of primary trendline and resistance has been rejected and could cause a continuation of the actual trend. JPY-Basket also looks bullish while the USD is still putting pound under pressure. Overall good correlations for a GBP/JPY-Short-scenario and great risk-reward here. What do you think?
Hey tradomaniacs, EUR/USD has triggered the recently formed double-bottom and could continue upwards to the marked-up zone of the DB-Target. After that we might see another move down in order to follow the current trend. This zone would give us a nice entry right at an important volume-cluster and so a great barrier which could form a resistance. High...
Hey tradomaniacs, looks like GBP/USD is about to move down right at the current trendline and resistance-zone. Current USD-Strenght can`t really boost pound against USD and price seems to form a rejection / resistance. In this case we can sell pound with a nice risk-reward in order to follow the current trend. Entry #2 would be an alternative entry in case...
Hey tradomaniacs, looks like USD/CHF is about to move up after the recent volatile spike to the downside which is a stop-loss-fishing move. Technically we see a correction and finally a breakout above the trendline, while the horizontal support was holding and indicates accumulation. However, last spike down plus the recent breakout are a great indication...
Hey tradomaniacs, looks like AUD/USD is about to move down again and to correct after this nice pump. Bulls seem to be exhausted and the current price is giving bears a great price to push price down again! let`s see =)
Hey tradomaniacs, GBP/USD broke below the support-zone and could continue it sell-off if priceb reaks below the marked-up entry-zone. USD-strengh is likely to appear as soon as stocks continue to fall. Let`s see what happens :-)
Hey tradomaniacs, recent breakout below the support has now re-tested the resistance-zone nad it looks like we are about to continue the sell-off. A risk-off in stocks due to the ukraine-war and its inflation could support that idea. Let`s see what happens.. =)
Hey tradomaniacs, welcome to a new free trading-setup. NZD/USD: Daytrade-Preparation Notice: Waiting for a breakout! Market-Sell-Order: 0.66960 Stop-Loss: 0.67140 Point of Risk-Reduction: 0.66840 Take-Profit: 0.66330 Stop-Loss: 18 pips Risk: 0,5% -1% Risk-Reward: 3,5 Always add your brokers spread to the stop-loss! LEAVE A LIKE AND A COMMENT -...
Hey tradomaniacs, welcome to a new free trading-setup. AUD/JPY: Daytrade-Execution Notice: All trades involve higher risk due to the volatility in the market. Market-Sell-Order: 82.960 Stop-Loss: 83.180 Point of Risk-Reduction: 82.700 Take-Profit: 82.080 Stop-Loss: 22 pips Risk: 0,5% -1% Risk-Reward: 4,0 Always add your brokers spread to the...
ey tradomaniacs, welcome to a new free trading-setup. EUR/USD: Daytrade-Preparation Notice: Waiting for pullback and confirmation. Market-Sell: 1.12120 Stop-Loss: 1.12375 Point of Risk-Reduction: 1.11850 Take-Profit: 1.11100 Stop-Loss: 25 pips Risk: 0,5% -1% Risk-Reward: 4,0 Always add your brokers spread to the stop-loss! LEAVE A LIKE AND A...