Reasons for -We have broken our 4 Hour trend line to the downside -Therefore we have broken structure and i 100% believe that after the break we are headed down -We are going to get a impulse wave and this is a strong setup - after all the long term trend is bearish ! Yes weve had two small losses but we are going to make it back on this one ;) Also this is...
I have my own trading system depending on only numbers and dependin on my system it said short. I only want to publish here to track my records and share with the public.
Reasons For -We are now down trending on the 4 hour chart -We always want to trade in the direction of the trend -We are making lower lows and lower highs -We are trading below key level at 1.4000 Which we broke with a strong downside move -If we put a Fib in from previous Lower high to the new Lower low price is reacting to the 0.618 Level -Sign of retrace...
The price pressure channel support and I hope the 3D pattern continues and complete bearish pattern on D1 chart. Waiting for bullish divergence for an enter setup, keeping in mind that the price could go more down following Wolf wave pattern (In that case, I’ll consider the pair as bearish).
Reasons for -Firstly on the 4 Hour time frame we are up trending -There is a major trend line above us so therefore i believe that is prices next level before any bearish movement -We are making higher swings after coming down to our Trendline below price which is acting as support -We have clearly seen a reaction from this trend line acting as support as you...
Reasons For -Firstly after bouncing of 1.6000(Our key level) we have been very bearish as you can see -Also we have been putting in Lower Lows and Lower Highs -We have also cleared our key level at 1.55000 and have been putting in bearish movement -Now we are trading below 1.5500 the only smart thing to do is to sell as we can clearly see strength to the...
First of all lets start with the big Bat pattern located in the 4HR timeframe. Bullish Bat Pattern Waiting for price to drop down to the 1.272 extension, which will give us a allready completed BAT pattern and makes sure we have a great RR. Stops placed about 20 pips beneath X, but should be adjusted to YOUR moneymanagement strategy. Targets are located at...
Lots of confluences for this trade to get SHORT as u can see from the chart: Resistance Fib level High test candle Deceleration 50 ema bounce
SIMPLE TRADE SETUP: - OVERALL DOWNTREND - PRICE TOOK OUT PRIOR SWING LOW AND PUT IN A NEW LOWER LOW - BREAK/RETEST OF SYMMETRICAL TRIANGLE - DAILY SHOOTING STAR/DOJI CLOSE OFF 61.8% FIB - ABCD IN PLAY TARGETING 0% AND -27% FIB
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The pair is in a bullish momentum. Check out our latest analysis on www.ichimokuforex.com
This is a scalp trade not the best but i chance to catch a quick 50 pips reasons for -Price has come to key area of 130.00 -Price has bounced of with two bearish candles -Price will need to make a move lower before any bullish movement -A small correction is needed A few more reasons to but not worth me going into detail :) Enjoy trade safe
USD / JPY Buy SetUp - WAITING FOR THE FOMC iT SEEMS LIKE WE HAVE A GREAT OPORTUNITY HERE, WILL GIVE THE INDX AN IMPULSE AS WELL, LETS SEE WHEN THE MARKET START TO MOVE - IT CAN BE AFTER OR BEFORE THE NEWS. YOU CAN ALSO FOLLOW ME ON YOUTUBE: www.youtube.com SKYPE: infoparasuram IG: www.instagram.com FB: www.facebook.com TWTR: twitter.com WEB : ...
Yet another bearish Cypher setup on the EUR/CAD 30 min timeframe. Looking for price action to hit 1.5738 to complete the D leg @ 78.6% retracement from the X to C leg. This area makes the entry zon area, stoploss should be well above X. for Profit targets look at the 38,2% retracement from C to D leg for profit target 1 Profit target 2 shouldd be set at the...
We think the USD/CAD will continue to face further weakness next week. Some importants levels have been broken last Friday. Check out our full analysis at www.ichimokuforex.com Do not hesitate to comment or like if it is the case! Jesse