GBPUSD Finished Retrace, Good To LongIn the chart, GBPUSD has finished retracing to the downside after the break last week. If you check the 4H chart price is already rejecting the 1.30 area.
Retrace
GILD bounces from all-time low since year 2014. A BUY.1. Fundamental = Buy.
2. Technical = Buy.
3. News/Rumors = Buy.
$wmt pullback first then back down!waiting for corrective move to complete on higher time frame retrace back to .382 area resistance and resume downtrend move
quick clean swing moves with negative momentum and weak volume pressure
monitoring price action for continuation trade to downside
AUDCAD Technical outlook D1/H4AUDCAD failing into dynamic range once again, with a possibility of a breakout to upside delivering a continuation of this bullish IRR retrace. On the other hand a break to the downside of this pendant will give us a better indication to where we should place our entries to trade this pair.
USDCHF REVERSE HEAD & SHOULDERS/BEAR BAT???Let's hopefully kick the week off with an easy trade!
40+ Pips BUY to (D) PRZ of BEAR BAT...look for pullback before LONG entry
40+ Pips SELL from (D) PRZ
Good Luck!
KEEP THE RADARS UP!!!
Keep an eye on the Daily Close for a potential LongChart says it all. Although there are already now clear signs of a bullish rejection, play it safe and wait for the Daily Close. If the entry criteria won't be met, no order will be opened on this one.
EURJPY BEAR CYPHERLET"S TRY THIS AGAIN! At least one more continuation trade to(D) PRZ
50+ Pips BUY to (D) PRZ
75+ Pips SELL @ (D) PRZ
Good Luck!
KEEP THE RADARS UP!!!
AUDUSD HEAD & SHOULDERSIn progress! Waiting for the pullback...Be prepared around Employment news later today!!!
40+ Pips SELL after pullack
Good Luck!
KEEP THE RADARS UP!!!
EURCAD wait and pounceExpecting a pullback to the 61.8% retracement, before heading to the 161.8% extension. Continuation of trend. Stop behind the swing and a resistance.
GBPUSD Failed Break UP ?So there is a good looking Retrace Action might be on the way. So we're looking to see Retesting follows by Immediate Rejection just above upper Level.
NZDJPY LONG POSSIBLEEnding diagonal close to 618 retrace zone...
100+ Pips to target
Good Luck!!!
KEEP THE RADARS UP!!!
Still in correctionUSDCAD still in correction after breakout,wait for it to end,or to reach 0.618 Fibo and reverse
First Idea. Here goes nothing.Potential short entry. See attached zoomed in picture.
Will update Monday morning after market open. (GMT +8)
GBPAUD PINBARThere is a D1 Pin Bar bias, i will play the initial downward response then when everyone puts there stops at break even sell again at the head of the pin bar trapping those traders.
Last EURUSD 300 Pips Long to Retest StructureFilled longs with average of about 1.1076, expecting a restest of previous resistance of about 1.14.
1.106 was 61.8% correction of previous leg up from 1.095 to 1.123, this leg being 61.8% retrace of the Brexit plummet. The target of 1.14 is the 161.8% extension of the previous leg from 1.095, resistance zone on many occasions, TL since the 3rd of Dec and completes a Bearish Bat since the British referendum. Consequently, that would be a decent preliminary occasion to close longs and look for short entries.
EU looking to long after new lows are reachedEU hit new lows yesterday which will cause an outbreak retracement pattern as seen in this 2h chart. Look for this pair to long significantly throughout the rest of this week. Cheers.
BTC RETRACE BACK TO SUPPORTThe uptrend holding the price up at this level has been broken through and the price is going up on the last test of support turned to res on the 0.236 fib line, soon to be rejected and squeezed down through cloud support, and once broken through IMO its a short bumpy ride to ~3500 (2.618 fib support)
Be patient When USDCHF done retraceBe patient When USDCHF done retrace or buy when price breakout upside of the box
AUDCAD W Bullish BAT PATTERN @ 0.9270Hi guys,
Here we have a bullish BAT PATTERN on the Aussie-Canadian Dollar coming in at around 0.9270. This is a long-term trade so I'll be making sure I take into account my position size in order to manage my risk effectively. The reason why I love BAT patterns is that they give such good risk-reward which is obviously key to trading successfully.
Stops will as per usual go below the X leg and targets will be at the 31.8% and 61.8% retracements.
THANK YOU FOR YOUR SUPPORT!
Trade Numbers:
Risk: 270 pips x 2 = 540 pips
Reward #1: 350 pips. R:R = 1:1.3
Reward #2: 550 pips. R:R = 1:2.1
Plan your trade... Trade your plan.
