VolveFX

VolveFX Updated 

FX:USDCAD showing a Complex Head & Shoulders pattern with 2 heads and 2 shoulders. Two heads appear as pivot points, so resistance there is strong. On friday price was just above the neckline and today sunday it opened just below so we enter the trade in a sell position 4 x EMA & MA shows clear downtrend Measure from top of the pattern to the neckline and...

VolveFX Updated 

BITSTAMP:BTCUSD Showing a Descending Triangle Descending Triangle inside uptrend channel Pattern has two touches in the upper trendline and another two in the horizontal one at the bottom. Volume is descending during the triangle, so good signal. Would be better if volume would have been higher during breakout. Not neccesary condition anyway. Price broke...

VolveFX Updated 

FX:GBPAUD shows Double Bottom (Adan&Adan) We are in an mayor Uptrend, so its ok to trade its an Up-breakout. Pattern formed after a minor downtrend Second bottom is little bit upper than first, so chances increase. Measure rule from the HH to LL of the pattern. Transfer that measure from the breakout point and above. We see the pattern when it broke and come...

VolveFX Updated 

CADCHF forming a simetrical triangle in 4H . Symetrical triangle created after a downtrend followed by a consolidation zone. Re-test done in the upper trendline with a bearish candle. We are in a downtrend, so look for downtrend breakouts. In this trade we go for the retest in the down trendline, not for the breakout. SL in the last high TP2 in a prior...

VolveFX Updated 

EURAUD breaking resistance of a consolidation zone Resistance broken by a big bullish candle 2 candles after, another bullish candle made a re-test Buy Stop order is placed above the high of that re-test candle SL is placed in the middle of the consolidation zone in between support and resistance TP2 is placed in the last significant value zone TP1 is 50%...

VolveFX Updated 

Bullish Pennant created in EURNZD. HH and HL shows a quick uptrend before pattern start being made. Four touches between TL, so pattern is valid. Less than 21 days also. We look for a bullish breakout, as pattern is bullish and daily trend also. After the breakout, we see a re-test and entered position in the next candle (moment I saw the breakout). Its a...