We can clearly see a ranging market at resistance. DTF suggest that this pair will drop so hard... Anyways, we keep taking profit in ratios as we follow the wave.
From the Hourly chart, we can clearly see a strong supply zone already being rejected by price... If this zone hold firmly to create a tripple H4 candle chart top, we might as well sit back and bank all pips...
This is a very good market to collect profits from the bulls and bears while the ranging last. Simple support and resistance strategy
I shared an analysis on this pair some hours ago anticipating an H4 order block which didnt play out as expected. From H1, we can see an equal low which was suppose to hold again as TrippleBottom but as you can see in the chart, there was a stop hunt which further confirms a bullish move. Don't forget to risk between 1-3% of your balance per trade.
Market has been a little bit rough so Let's not jump into this trade. Wait for a retest at the two marked area of interest. Always scale down to LTF for entries.
This pair has created a nice bullish order block as we can see equal lows just below our block which further validates our entry. Entry at 50% of the block... Lets hope it holds and bank some profits... follow me for more simple trade strategies.
Trade currently in a strong bullish trend.. it is wise to look for long positions in this market till it gets to either the slant daily resistance 70pips away before considering shorting this market(MY OPINION)
The Greenback have been very strong this past days, i think its time to short it short-term. i expect the USDCHF pair to drop down as it has began already this new week till we hit our level of support but my entry confirmation will be the break and retest of the Hourly chart neckline.
In DTF we have a Break Out and Arguably a retest from a Bullish trendline, then Price is ranging in the HTF which i believe is a momentum build up for a bearish Trend. I placed a Limit Oder already just incase am not on my chart when it gets to the Slant resistance.
Why i think this trade is cool to try out. 1. Bearish Outside Bar spotted in H4 2. Bearish Triangle Spotted in 30m tf. 3. Market Current Hourly Trend = Bearish Set SELL LIMIT ORDER at 1707.46 and TP at any place of your choice
Am patiently waiting for this trade at the support level.. You can mark this trade down pending when it activates.
This pair is constantly on my watchlist for the next 2weeks... I see a strong buy opportunity... Join me on the ride guys
Its a nice setup. Had over 90pips from a similar setup few hours ago. Am setting sell limit order and i trust this will come good.
I like to keep it simple guys. This is what i can see which is a good sell bias already... Am not in yet but when i get a lower high confirmation, will dive right in
The AUDCAD has formed an inverted head and shoulder which has broken the neckline and nicely retested... am buying this pair as the market resumes.
The chart is clear enough to show the rejection at the support of a rising channel from what i see. Am buying this Pair and holding till TP.
Head and shoulder pattern about forming already. Lets hope the market follow this structure...
I published this idea last week. Now is the best time to take the trade. we hope for good wins.