Inside Bar
EURCHF 30min structure pullback after inside day breakoutEURCHF finally breakout after weeks of consolidation in 0.618 spot.
In today's situation, EURUSD just broke its inside month with outstanding momentum,
and USDCHF hit the entry of bullish harmonic patterns.
Both of the above may create a bullish mindset for EURCHF, and it's an inside day breakout!
So here we got this little 30min pullback long opportunity.
As long as it can hold this 7 minutes to close above 1.0700, this trade would be effective!
Let's see how it goes yo!
GBPCHF 4hr supply pullback short Both GBPUSD and USDCHF have inside month breakdown in may,
that is , to look for GBPCHF short opportunities is one of my main focus in the following days.
Here I got this 4hr supply pullback trade opportunity,
as the GBPUSD starts to bounce a little bit, I'll be waiting for this trade to short!
Let's see how it goes yo!
USDJPY 4hr supply after inside week and inside day breakdownUSDJPY had been consolidated for quite a while.
Finally, it breaks both the inside day and the inside week to the downside today,
so I'll be very interested in taking some intraday short to get on the train!
This 4hr supply zone is quite a good trade
Let's see how it goes yo!
A very important ER and inside day for JPM and the marketJPM set to report its earning before the market opens today.
It closed as an inside day yesterday, and there are dual 0.618 and S/D combination
for the sell high @ 116 and the buy low @ 87.
Which, makes the direction of the inside day breakout very important!
Also, as the world suffers from coronavirus,
how do the earning reports perform under the strong pressure is the whole world's focus.
and JPM will be the one that ring the 1st bell!
Let's see how it goes yo, no matter where it breaks,
I'll be interested in some intraday trade with the direction it breaks.
EURUSD inside day after inside week breakdownIt's the last trading day in this week, and don't forget it's still a week that the inside week broke to the downside.
The inside day today I'll be much more interested in the breakdown than the breakout.
Although in the past a few days that the dollar had been quite weak,
but still, I'll respect the pattern to look for short today.
If it breaks to the upside, I may probably let it go and wait for next week to trade Euro.
Let's see how it goes yo
AUDJPY weekly AB=CD and inside week combination I don't tend to trade the weekly chart directly,
while this weekly pattern still worth some bullish trading plan in intraday trading!
Quite a good combination of AB=CD and inside week breakout,
I'll be willing to look for some setup to long in the following 3 days.
Let's see how it goes yo!
AUDUSD hourly structure pullback after inside week breakoutAUDUSD is the pair that broke the inside week this week,
to trade this perspective, there weren't many good set-ups in the past a few days.
Here we got this little structure breakout pullback trade that is worth a shot.
Also, no matter the result of this trade, Aussie will also be my main focus tomorrow on NFP.
Let's see how it goes yo!
AT&T (T) daily shooter long opportunityThe market started to show great sector rotations after such a huge correction.
To build some positions again, sectors that are more defensive despite the coronavirus are my main focus now.
T is one of the name that I'll be looking at.
Solid business, nice dividend yield in such price level, and a nice setup to trade!
If this daily shooter is able to break to the upside, I'm interested in taking some long here.
Let's see how it goes yo!
NZDUSD inside day breakdown with 4hr gap supply shortNZDUSD had been through several weekly harmonic patterns and finally broke a significant new low.
This is something to make sure the bearish mindset.
Today breaks the inside day to the downside, I would be willing to take this pullback short.
Let's see how it goes yo!
Gold 4h Shows Bearish SignGold 4h Shows Bearish Sign
Although Gold breaks new high yesterday
but failed to maintain above 1700
Now 4h chart alraedy fromed bearish
engulfing and bearish Inside Bar Break down
Therefore we can sell gold based on the Inside Bar Strategy
Entry : 1668.17
SL: 1683
TP1: 1650
TP2: 1630
TP3: 1610
Gold Inside Candles#gc1! #gold – After last week’s market selloff which dropped gold price with it, gold created an inside candle on Monday which could be an indication of a reversal back to the upside ahead.
An inside candle is formed when price trades within the high and low range of the previous candle, making the candle an inside candle. The inside candle is therefore a two candlestick price pattern. An inside candle is also similar to a bullish or a bearish harami candlestick pattern. The main difference being that with an inside candle, the highs and lows are considered while the real body is ignored.
An inside candle is generally considered to be a reversal pattern formed when the second candle or candlestick is engulfed within the previous candlestick’s high and low.
In this gold chart, Friday’s selloff is the first candle in the inside candle pattern shown with two red lines extending from its high and low. Mondays candle is completely inside Fridays high and low and is a long-legged doji candle, where price has a small body and two long wicks extending above and below it. These long wick represent traders attempting to push price higher and lower on Monday, but ultimately closing price near the open which creates a small body. Doji candles represent trader indecision and indicate that they were mostly undecided as to which direction to move price during the course of the day.
The most recent candle, Tuesdays, is also creating another inside day for now as it is trading inside of Mondays total price range indicated by yellow lines.
What we want to see going forward in the immediate short-term is for a price move above Mondays high in price, or above the upper yellow line of Mondays doji candle. From there, a move above Fridays high in price(upper red line) would be further indication that gold traders are still bullish and ready to take price higher.
The overall view on gold remains bullish.