Hello traders, a possible long opportunity to keep an eye out for! Good week!
My previous AOI didn't trigger because I was already in the maximum trades I allow myself to be in. Preserving capital is the most important, trade to live another day. So, here is my new analysis, my new AOI. Where I will be looking to long, anytime in the next week.
Smaller target and SL because of news coming up.
EURUSD, see chart for more info!
Long term and short term ABCD pattern completing at my area of interest.
shorter term AB=CD linging up with longer term possible ABCD pattern. We got a BAT pattern as confluence and a good structure area to look for longs. Enjoy.
Nice little CT EU The immediate OF is up, longer term trend is also up, this trade comes right into previous structure, trading EU (hopefully) downwards.
Hello traders, As you can see here, we have a trend continuation setup on the 30 min chart. It is a trend continuation trade, with 161,8 ext and 161,8 inv. as fibonacci confluence.
As you can see on my screen we did see a Gartley pattern completion, I am still looking to get in, on the immediate OF, many ( if not all ) take profit at the 38,2 & 6,18% fib, which falls precisely at my AOI. The downside is that we see a lot of momentum to the downside, so we have to wait and see what price does and adjust our expectation of where we might want to enter.