itradeengulfing

itradeengulfing

1. last price rejected from daily resistance and managed to close below the resistance level . 2. on smaller tf price went back and forth from resistace area . 3. price broke strusture and went to the resistance one more time on 3h tf . 4. expected market direction is a sell upto the daily close level as mentioned in the chart . 5. make sure to give space to your...

itradeengulfing

Gold is in a good supply zone and may drop hard soon

itradeengulfing

ascending chart formation + respecting the trend + support and resistance + supply and demand

itradeengulfing

Gbpaud is expected to drop as the structure of gbpaud is supported by HTF structure and is forming a bigger continuation pattern , I am in a sell already as its the 3rd touch in the pattern and the 3rd touch has the highest probability of playing out

itradeengulfing

Expected Long move on EURNZD as its moving on a parallel channel and its the 3rd touch on the trendline , so its expected to go long

itradeengulfing

Long move expected on gold

itradeengulfing

Gbpusd is on a strong support zone and it also formed a descending channel with a 3 touch pattern and it is expected to long , wait for a continuation pattern or look for a risk entry with proper risk management

itradeengulfing

Ascending channel is formed in LTF the price might get rejected after 3rd touch and move down towards the previous swing point and then may continue to move upwards . We can take a risk entry at the 3rd touch with 15 pip sl and then hold till previous swing and can look for a buy after the rejection from previous swing with a good candlestick formation

itradeengulfing

Gbpchf formed a bullish continuation flag , looking for price to breakout to enter the trade with reduced risk entry

itradeengulfing

Descending pattern + Double Bottom + Candle rejection Also rejection from major support We can look for a buy after a bullish pressure or a clear upward momentum Comment down your ideas or doubts

itradeengulfing

As you can see in the chart h&s pattern was formed and it broke to upside and now its at resistance level and if it breaks the resistance then a good buying opportunity is there . Good luck , lets wait and see what happens 💯

itradeengulfing

Nicely Going as expected , see the previous analysis of this chart

itradeengulfing

This analysis was provided yesterday and played out nicely with 78 pips profit . This trade was with 1:3 RRR based on multiple time frame analysis and flag pattern 🙌

itradeengulfing

Pattern inside a pattern with nice 3 touches , big move is expected 🙌 , also a wick rejection on 4H time frame

itradeengulfing

AUDCAD formed an ascending structure and then broke out and formed flag pattern , price is expected to break that pattern soon and we will enter the trade with sell stop with a few pips stop loss 🙌

itradeengulfing

Audjpy formed a bigger correction in a downtrend move and their's also a structure inside a structure which are giving reversal signs , so taking a risk entry right at the top with 15 pips stop loss . Let's hope for the best 👍

itradeengulfing

My analysis on audjpy 🤑

itradeengulfing

Potential 3rd touch in usdjpy structure and a small structure is formed with a double top providing a beautiful opportunity to go short . Its going to be short according to my analysis 🙏