Alert
NZDUSD LONG: buy the retest of structure
0.6565 is a very significant structure level.
for us, it is a perfect entry for a long trade.
look left at structure for targets!
USDJPY TRADING PLAN
we have very strong resistance around 109.7 level.
if bulls break this level,
for us it is a perfect opportunity to buy the market.
AUDUSD Trading Plan: bullish abcd pattern
market is entering a significant support area around 0.69 level.
D point of a harmonic bullish abcd pattern lies perfectly inside this zone.
most likely the market will bounce up to 0.7 - significant resistance level.
0.705 is a very good level for the second target.
GBPUSD LONG: Bullish Cypher Pattern
almost completed bullish cypher pattern with a wide buying range.
T1 - 1.303
T2 - 1.308
Stop - 1.284
EURUSD TRADING PLAN
hey guys,
if bears break this rising trendline and market closes below 1.12 level,
for us, it is a very good signal to short the market.
RSI divergence + significant structure resistance + head and shoulders pattern on 1 hour chart
adds additional confidence!
be patient and don't rush!
Talking About Breakouts
The discussion is based on my recent trading plan for EURUSD.
How to identify false breaks and avoid traps.
AUDUSD TRADING PLAN: Bullish ABCD Pattern
completed bullish abcd pattern on oversold bearish market.
dodji candle and structure looking left add even more confidence
in a potential pullback.
T1 - 0.698
T2 - 0.700
USDJPY Structure Analysis
we see bearish continuation on dollar yen.
Significant levels of support to be focused on:
109.0
108.5
108.0
Significant resistances:
109.5
110.0
AUDUSD completed head and shoulders pattern
AUDUSD has recently touched falling trend line.
+we have a completed head and shoulders pattern.
the price will most likely reach 0.697 structure support.
wait and sell bear violation of a neckline.
USDCAD TRADING PLAN
USDCAD has recently broken rising trendline.
the breakout is confirmed so I will anticipate bearish continuation next week.
Key support levels for you:
1.335
1.330
GBPJPY COMPLETED BULL GARTLEY
completed bullish gartley with wide buying zone on pound yen.
T1 - 144.0
T2 - 145.0
Stop - 140.5
USDJPY TRADING PLAN
USDJPY is currently testing 109.5 structure support level.
taking into account the formation of a double bottom pattern
+ clear RSI divergence the market has the potential to pull back up!
our plan is:
if bulls break 110.0 resistance level.
most likely the market will go higher and reach at least 110.5 level.
so we wait for a bullish breakout and then buy the market
EURGBP SHORT: sell the retest of resistance
eurgbp is trading inside a wide trading range.
0.868 structure resistance is the best level for us to open short position.
0.85 is our target.
stop 0.875
EURUSD POTENTIAL SHORT
EURUSD is trading inside a rising parallel channel.
the market has recently reached significant structure resistance
and we see clear rejection.
our plan for this pair is to wait and sell bearish breakout of a channel.
T1 - 1.121
T2 - 1.185
GBPUSD TRADING PLAN
pound dollar is approaching 1.3 structure support level.
RSI is very oversold with clear divergence
+ we have a completed head and shoulders pattern.
neckline is a narrow resistance level around 1.304
our plan is:
wait and buy bullish breakout of a neckline
T1 - 1.308
T2- 1.314
Stop below left shoulder
EURJPY LONG: completed bullish gartley
completed bullish deep gartley pattern.
Target 1 - 1.243
Target 2 - 1.25
stop - 1.222
USDCHF LONG: BULLISH GARTLEY PATTERN
almost completed bullish gartley pattern.
Entry - 1.016
Target 1 - 1.018
Target 2 - 1.0195
Stop - 1.0147
AUDUSD SHORT: bear breakout of key support
market has recently broken 0.70 support level.
for as it is a very good signal to sell the market.
my target will be 0.697 market low!
set you stop above falling trend line - safest option :)
GBPJPY: bearish breakout of key structure level
market is attempting to break key structure support level 144.0
if daily candle closes below this level, most likely we will see bearish continuation to lower levels.
AUDUSD completed bearish cypher pattern
completed bearish cypher pattern + structure and overbought rsi.
good chance to catch a pullback after a high momentum candle.
$UNG at multi-year support. #bullishTaking an entry here. Huge potential as we sit at multi-year support.
