AUD/CHF LONG POTENTIAL TRADEAUD/CHF has pulled back to ema 89 and has consolidated at this level and produced an rvi bullish cross. we can now look to long the pair and wait for rvi bearish cross or new high or previous high.
Longtrade
USDJPY Long Trade SetupHello Traders
Because of the higher degree structure, my forecast is a new low and a strong reversal. It looks like a correction is in the making before the last drop. Now, I'm waiting for a trade setup to buy it. Then I'll hedge my trade before the last drop. If it doesn't give me a trade setup, I'll wait for a new one after the yellow C to sell it. My goal here is to have a trade to hedge it when the price comes into the blue box.
Trade with care.
Bulent
USOIL Long Trade SetupHello Traders
The last low can be the end of the bigger correction, and what has been made after the last low can be the reversal impulse. If so, we should have an upward impulse, which will break the previous top. That's why I placed a pending order and I'm in the trade now. The risk here is the downtrend line. If it's broken, I'll buy more after a bigger correction. Otherwise, I'll close my trade around BE. If you want to take a long trade, I think a small correction over the purple trendline will be a good trade setup.
Trade with care.
Bulent
CADJPY LONG on DailyEntry @ 78.76
SL @ 77.87 (89 pips)
TP @ 79.98 (122 pips)
RR = 1.37
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Early TP: 79.65 (RR = 1)
AUDJPY Long Trade SetupHello Traders
The last low can be the end of the daily running flat. I'm waiting for a reversal pattern to place a pending order. I hope in the worst-case scenario we will have a big enough correction. So we will be able to move SL to BE.
Trade with care.
Bulent
EURUSD Long Trade 28/10/2020Targeting 1.20 near term/ 1.25 long term.
Repetition of a pattern seen back in 2017, very similar price action.
Stop loss below previous lows should be safe in my opinion (50 pips)
SPX500 Long Trade SetupHello Traders
If the previous structure was a complete running flat (green B), we should see more upside and a new high. That's why I'm looking for long trade setups. What is made over the green trendline can be a complete correction, and a reversal pattern can be in the making. Now, I'm waiting for a correction to place a pending order. I plan to hedge my trade after the new high.
Trade with care.
Bulent
DBS: Triple Tops or Bullish Triangle Breakout?SGX:D05 is in the crossroad, either the Triple Tops will prevail or it will be a bullish breakout.
Based on the current formation, and if we combined with Supply and Demand; it is wiser to wait for Long Setup rather than Shorting it.
As at today there is no LL yet and overall still Buyer in control.
Here is my personal call:
Buy Stop at $21.65
Stop Loss at $21.30
Take Profit at $23.00
Risk Reward Ratio = 3.97R
Potentially, you can buy yourself an iPhone 12 Pro Max 512Gb by end of the year, if you place 1 lot on DBS. Good Luck!
Disclaimer :
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee.
As always, move your SL when you are in the profit zone.
AUDCHF Long Trade SetupHello Traders
A daily correction should have been in the making after the last top at 0.67400, and based on its internal wave structures, the last low (the green C) can be the end of it. Now, I'm waiting for a correction to take a long trade.
Trade with care.
Bulent
CHFJPY Long on DailyEntry @ 115.70
SL @ 115.20 (50 pips)
TP @ 116.45 (75 pips)
RR = 1.5
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Early TP: 115.20 (RR = 1)
SGDJPY LONG on DailyEntry @ 77.35
SL @ 77.00 (35 pips)
TP @ 77.80 (35 pips)
RR = 2.1
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Early TP: 77.70 (RR = 1)
AUDJPY LONG on DailyEntry @ 74.70
SL @ 74.00 (70 pips)
TP @ 76.45 (175 pips)
RR = 2.5
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Early TP: 76.10 (RR = 2)
USDCHF Long on DailyEntry @ 0.9080
SL @ 0.9020 (60 pips)
TP @ 0.9170 (90 pips)
RR = 1.5
Early TP: 0.9140 (RR = 1)
USDCHF Long Trade SetupHello Traders
My forecast is a pretty big upward impulse. If the previous downward structure was the whole correction, which is questionable, we will probably see a running flat over the blue trendline and more upside. I'm waiting for the end of the C wave and a trade setup to place a pending order.
Trade with care.
Bulent
LONG GBPJPY Long on DailyEntry @ 136.50
SL @ 135.30 (120 pips)
TP @ 138.30 (180 pips)
RR = 1.5
Early TP: 137.70 (RR = 1)
GBPJPY Long Trade SetupHello Traders
If the green C wave is the end of the daily running flat as I considered it, The upward movement should be the reversal impulse. What we have after that should be a complete running flat. So the last sharp movement should be the starting of the next impulse. Now, I'm waiting for a correction and a smaller trade setup to place a pending order.
Trade with care.
Bulent
EURJPY Long Trade SetupHello Traders
If the blue C is the end of the daily running flat, we will probably see a correction over the green trendline and more upside. And, it looks like we have an expanding flat. Now, I'm waiting for a correction or a new low and a reversal pattern to place a pending order. When it breaks the last top I'll move SL to BE. My minimum target is 127.100.
Trade with care.
Bulent
EURGBP Long Trade SetupHello Traders
I took a long trade because the next wave should be the C wave, if the last top (the yellow B) wasn't the end of the correction. In this scenario, there is no more room to go down. So the last low should be the end of the blue B. I hope in the worst-case scenario, it will make a big enough correction under the yellow trendline and we will be able to hedge our trades, before the next drop.
Trade with care.
Bulent
AUDJPY Long Trade SetupHello Traders
Blue C was probably the end of the running flat. If so, the upward movement should be the reversal impulse. In this case, we should have a complete running flat after the reversal impulse. That's why I'm waiting for a small correction to place a pending over the last top.
Trade with care.
Bulent
USOIL Long Trade SetupHello Traders
The last low can be the end of the correction. If so, we should have a complete reversal pattern. That's why I placed a pending order, and it was triggered. I could set my entry price above the last top, but my plan is to move my SL to BE when we get that level. In this way, I won't lose any money if it makes another correction for one last downward impulse.
Trade with care.
Bulent
EURGBP Long Trade SetupHello Traders
My forecast is one more upside for the completion of the B wave. That's why I've placed a pending order over the potential reversal impulse, and SL is under the correction. I'm planning to hedge my trade at the end of the upward impulse, but if I see a correction under the blue trendline, I'll hedge my trade since the last top can be the end of the green B.
Trade with care.
Bulent
EURGBPHas touched and respected structure, after 3rd touch of the trend line below I wait for the next 1 hour candle to close as a confirmation for long trade.
USDJPY Long Trade SetupHello Traders
It made a new low and bounced back. So the last bottom can be the end of the bigger correction and we can have an amazing upward impulse. That being said, a running flat under the orange trendline seems more likely. I'm planning to take a trade and hedge around the trendline. Then I'll wait for the next structure. I placed a pending order, but if I see a better setup after the correction, I'll take it.
Trade with care.
Bulent
