Get started

Patience

USDZAR Waiting on Monthly Structure (Yearly Bearish Sentiment)Please support this idea with LIKE if you find it useful... USDZAR MONTHLY FX:USDZAR Huge Bearish divergence in the monthly time frame. Previous month closed as a sell signal hence we expecting huge sells this month.. Our initial 1st Target has been hit with patience we moving on to the next target 16.33390. Price line in monthly has crossed below volatility bands indicating a change in trend and we expecting a further cross of the Priceline and blood which will confirm strong Bearish presence in markets. If this cross happens long term Target will be Priceline touching Liquid 50 and also price coming back to the open of the year . WEEKLY Priceline is currently crossing below liquid 50. A perfect indication that sells are coming into markets . Patience it’s still too early. We are still within the first week of the month which is term as the open. DAILY Current daily Candle looks like a sell signal. Also Priceline appears it wants to cross back below bloodline. Waiting on Daily Close. For perfect sells kindly wait for OHLC in H4 . Also remember it’s the first week of the month of June .. trade with caution .. * Waiting to determine Monthly Structure * Yearly Structure is still OHLC (Sells) PATIENCE
Short
by PeanutButter
7
NZDJPY Range Market Sells Another range bound market making a nice setup to continue down. We can see here that price has created a range between 66.131 and 63.474. We would anticipate that when price will sell at this resistance after creating a nice bearish pin-bar. Although there was indecision in the market, sellers have managed to enter at a decent price. Now, for us to change our bias to Longs we would expect to see price break above the resistance (66.131), retests and initially create a new support at 66.131 and continue higher. But for now, we will continue trading this range down. Let's see how this plays out. NZDJPY SELL Price: 65.905 SL: 66.449 TP: 63.881
Short
by Mkforbes_fx
1
EURUSD Range Market SellsAn obvious setup during a range bound market. We can see here that price has created a strong range between 1.09858 and 1.07798, and this is clear on my chart. As you can see, price is now at the resistance in this range and we can see a nice reversal pattern. Now, if price decides to move higher, then we would look for a solid break through of the resistance (1.09858) a retest of this resistance, initially turning to the new support and thenwe would enter for Longs. For now thought, Let's see how this plays out. EURUSD SELL Price: 1.09620 SL: 1.10183 TP: 1.07798 Risk to Reward Ratio - 1:3
Short
by Mkforbes_fx
USDJPY Broke falling wedge 🦐USDJPY Broke falling wedge and now the price is retesting a new structure and create a new triangle. We have to wait a breakout signal, if the price breaks to the upside we will set a long order, if the price breaks to the downside, we will look for a sell order. Our strategies must be satisfied before set an order ––––– Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
by InkyGrip
1
GBPUSD I'M GOING TO SHORT THIS PAIRHi Traders, I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind. On H4 I see, bulls can not push that pair higher. There is a strong resistance line at 1,25000, and as I see price reversed with a double top formation. Direction is confirmed too because the price broke my trendline downwards, and closed under it. I put my stop loss at 1.25000 My take profit is at 1.15635. I will post updates about how I manage my stop loss. Let's be successful together. Follow me for new ideas, I'll appreciate your follows. Have a great day ahead, Benjamin
Short
by Sparksoffly
EURUSD NEARLY HIT MY MENTAL STOP EVEN MY PLACED SL WAS FAR AWAYHi Traders, I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind. I see a downtrend channel on D1 and H4 with a fakeout. Upside trendline is broken, so I placed sell a sell position yesterday. My mental SL was at 1.0500, and my placed SL was at 1.0800. I'm here to be honest, so I will. Yesterday evening, I strongly hesitated to close this position before going sleep. I saw strong bullish pressure but I was on the bearish side. There is a strong support line at 1.09275, and the price bounced upside. Before sleep, the price hasn't reached my mental stop and it seemed to turn back and go down. I had a lesson in my mind that I've learned so many times; PATIENCE AWAYS PAYS OFF. So I decided to keep my position open. I slept horribly :D but when I got up and saw the head and shoulder pattern. I know market again tested my patience and this trade again confirmed; PATIENCE AWAYS PAYS OFF. Never give up and LET'S BE SUCCESSFUL TOGETHER. Follow me for new ideas, I'll appreciate your follows. Have a great day ahead, Benjamin
Short
by Sparksoffly
2