Hello and welcome to my analysis :) Here we have a long-term bearish pennant formation.This has been forming for about 47 days now and will probably keep going for the next few days before its breakout. We will be looking for the breakout around the tip of the formation. I can see this trade going easily 300 pips or even to the full 500 pips. My SL will have...
Hello and welcome to my chart analysis! Here we have a classic Elliot Wave forming. Trade the corrective waves down (A,B,C) Point B will be completing the head & shoulders formation as well, it will be the trade I'm looking for. Aiming for about 100-200 pips on the sell. Thanks for viewing :)
Hello and welcome to my chart analysis of NZD/USD. Here on the 1H chart it is easy to see the market has been moving in a sideways pattern within a zone (blue bars) for quite some time now. We will wait for the market to break out and retest on either the upside or downside ( this move is indicated with the blue arrows I've drawn) I have alerts (my yellow...
Hello and welcome to my trade Analysis for NZDUSD H1 NZDUSD forming a nice downward channel on the hourly. Waiting for it to break and retest (breakthrough, then come back for a touch on the outside of the channel before continuing to move away) the blue dotted lines are quarter theory lines (strong supply/demand zones) a break and retest on or near them will be...
GBP/CAD consolidating in a channel, waiting for it to break out of the channel and then come back for a retest before making its move to either the upside or downside. The channels both fall on Quarter theory lines giving the break and retest move some extra confirmation. Note that the purple lines are not accurate, they are simply there for reference to what...
USD/CAD in a strong upward channel (purple lines) the yellow lines are just my alerts on the charts. Wait for a clear break and retest off of the channel walls and or the Quarter theory lines (blue horizontal lines). The green arrows are not precise zones where I expect the market to breakout, just examples of what I am looking for. This channel could continue for...
AUDNZD produced a nice harmonic pattern. When paired with a pitchfork, the trades are high accuracy at the bottom and median pitchfork lines. In this specific trade we have the market approaching the median line, expect the market to return to the bottom pitchfork line primarily. It may also break above and in that case look for a buy after seeing a break and...
GBPCAD moving in a sideways market, looking to break out up or down.
1 hour EURGBP waiting to break and retest out of a supply and demand zone. Sideways market looking to bust a move out to the upside or downside