Beautiful Head and shoulders trade on it's way. If the retracement comes to the previous resistance (and now support level) a very nice opppertunity might occur. RSI perfect to start with so, we'll just wait for a entry signal in the 0.7230 region. Happy trading this monday! x Trading Mom
On my radar today: a nice head and shoulders inverse pattern on the FX:AUDNZD . Divergence in the RSI and price is coming up to hit the entry level. Have a good weekend! Entry, SL and TP are on the chart :-)
Trade on the FX:EURUSD just crossed the neckline and is now a valid head and shoulders trade. The first entry is, well, NOW. Second entry is after the retracement back into the neckline. TP 1 and TP 2 are the same and showing on the chart. Happy trading!
After the nice trade yesterday on the AUDCAD HS i've got a new one on the FX:AUDUSD . Price is coming up to the neckline and the hs are valid :-) Let hope the US employment numbers don't mess up the trade ;-) Happy trading!
I have been waiting a long time for this trade to become valid :-) and nice head and shoulders pattern with a entry after the retracement under the neckline.
Nice short opportunity on the FX:AUDNZD , good rise/reward and overbought conditions on a good structure level. Don't forget to frontrun your trades, this pair is a bit "expensive" when in comes to the spread...
Here we have a nice head and shoulders pattern completing on the 240 min AUDCAD. Not a pair I trade normally but with a extra entry reason this might turn out to be a good trading oppertunity. Nice rise-reward as well. So, let's keep this pair on the radar and see if the entry comes up :-) Happy trading today!
After a calm start this morning we might have a cypher completing on the NZDUSD , 240 min chart. We might even be getting a small double top on the 60 min (not completed yet) and a nicely oversold market. Happy trading!
This pair has been consolidated for a while now and the double top fits in the picture. SL: 1.11170 TP: 1.0600
After the beautiful double top on this pair a new entry is up, right now! Priceaction has retraced back into structure and has shown a new set up to enter...
Cypher at market this morning on our USDCAD pair and a valid double bottom on the 60 min! Entry is (right now;-) 1.2703 SL 1.2643 T1 1.2754 Happy trading and happy holidays to the USA traders!
For the double top traders (and pattern traders) there is a lovely opportunity on the NZDCAD. I don't trade just DTs but this might be a nice one!
Looking nice this morning is the NZDUSD with a valid BAT pattern and a valid double top! Entry was officially slightly earlier this morning but since I was as sleep we have gotten a better entry and risk-reward! Entry: 0.6881 SL: 0.6903 (Don't forget to frontrun your trades, like I did yesterday on the EURAUD...) T1:0.6850
We might have a head and shoulders pattern forming on the FX:EURAUD this morning. Still waiting for price action to drop under the neckline and retest the previous structure. Entry on 1.5512 SL 1.5564 T1 1.5357 Happy trading this morning!
We might have a head en shoulders pattern coming up on the FX:EURAUD this morning. Stil waiting for price action to drop under the neckline after which a entry on the retest gives a nice risk-reward. Entry around 1.5512 SL on 1.5564 T1 on 1.5363 Happy trading this morning!
Batpattern at market, with a valid double top on the 60 min and some structure, not to much unfortunately :-) Target 1 at 0.69161 SL at 0.7031 Happy trading!
I found a nice trade this morning on the NZDCAD. We have a 240 min valid cypher (just under its entry), lots of structure at the current level and a valid double top in the 60 min (RSI over bought and RSI div) Nice profit/loss and hopefully a nice trade for today. Happy trading and let me know your ideas on this trade! (PS 786 should of course say 618 fib, sorry...
Small cypher at market. T1 0.69702 SL 0.70244 Entry 0.70000