NZDUSD `` FLANGEWhat the set-up implies is, I'm more in a bullish bias for this pair.
So, If trade breaks out SHORT- I will not enter trade, even on re-test. But if it breakout LONG, I will go in for two TPs.
Smilq
EURCAD `` OUTRAGEOUS RR `` About 38XFrom this broken falling wedge and global support, I expect
- price to retest the wedge trendline, to form an inverse H&S
- to long farther up, to form of a W with the global support
- to retrace, then bull on for TP3
I'm looking to skip TP2. If it all play out fine, I should enter on retest.
USDJPY `` DOUBLE TOP `` 4XI expect a head and shoulder anyways.
After which, I intend to SELL USD for JPY- (far lower than plotted in this chart.)
RR is good.
AUDCAD `` ONE MORETP is actually a prospective BUY LIMIT.
I look forward to one more SHORT of this pair, and a large bullish moves afterwards.
EURUSD `` RA TRIANGLEWaiting for breakout.
I look forward to EURUSD ranging this week. One reason I'm going for only that TP.
EURZAR `` SHORT OR NORTHSimple throwback.
Market cycle.
The likelihood of reversal is more likely.
If D1 candle doesnt break the resistance, I'm looking forward to SHORTS.
EURAUD `` HIGH RISK TRADE `` RR 4.8XHigh risk trade, as a support had already being formed.
Nothing stops it from being a double bottom, or inverse H&S, if that's the intended.
Trade set-up is shorting from the middle of channel to two TP levels,
First to previous low, second to TP as shown in chart.
Careful.
EURCHF `` RR 3.8Looking forward to bullish move of the pair, following retracement.
Consider Risk management.
USDJPY `` Stronger BearsAn inverse Head and Shoulder was evident.
It's failed.
Now, a double top forms, breaking out the channel.
I will find better entry, and short to support.
NZDUSD `` Bearish FlagComdols have been bulllish recently, forming this 'correction'
I look forward to a SHORT,
...one that may look like false breakout of it's nearest global support.
If channel is broken down, I will look for good entry for better RR.
Best wishes.
GBPUSD `` RangeTrading within a range that looks like bullish flag.
I expect a range bounce SHORT to support level.
GBPCAD `` ChannelLooking forward to this, and perhaps a better entry
...for a good RR SHORT to midline of channel.
I MAY consider long entry once TP is hit.
USDNOKKnock USD down?
It's a simple bearish flag.
Presently, price has formed a Double Bottom. I look forward, to it been a failed LONG attempt for bearish confluence.
Smilq.
GBPCAD `` SmileThis TF shows Inverse Head and Shoulder
LTF shows Double Bottom, and
HTF shows a Cup... with a smiley face on the handle
Have trading forex made you smile this week?
Hehe... it's hot, handle with care.
Anyways, when cup fills, it should spill. Afterwards, check for steam
...then take a LONG sip,, from edge
GBPNZD `` TRIPLE TOPConservatively,,
If the rising trendline is broken. And 'retest' is seen
If price hits 2.022 (of course, before the triple top is invalidated).
Then, I expect price to short to around 1.97... For a 3x RR, and extra to cover for broker fees, and Netflix.
USDCHF `` Bearish FlagLet's form a Double Bottom.
If adequate enough, a smart money entry (Bullish).
Anyways, back to the present...
This funny flag has corrected to the neckline of the M pattern above. To reinstate the broken support as resistance.
A clean Smart money bearish entry.
IMO, the continuation of local bearish move had started.
In fact, if price should be generous enough to form a support within this channel... Should I short again or
wait till flag is broken down, like in Textbooks.
AUDUSD `` Inverse Head & ShoulderHigh risk trade, as I haven't see adequate bearish exhaustion.
But the patterns fit twice.
Anyways, it's about 10x RR, In fact, about 20x if TP2 is reach...
So why not
All the best.
AUDJPY `` Inverse Head & ShouldersPrice descended to 80.3 support area with bullish divergence.
This descent can be captured in a descending channel,
But the descending channel has been broken long(up), recently
...followed by formation of cup and handle, or perhaps inverse H & S.
These are confluence of bullish indicators, nevertheless, I'll wait for my entry signal.
EURRUB `` H&SLet's form a head and shoulder inside this bullish flag, nay descending channel.
Hopefully, price will break the shown resistance, and bounce off from the upper edge of the channel for better RR.
In the end, we should have formed a big H&S on HTF...
Actually, all this is within one big rectangular range. And this price descent is from a double top.
All the best.
CARDANO `` ADAUSD `` PennantCardano's price has been falling off a descending trendline.
Recent fall short-ed with strong momentum to an historical support area.
Presently, it's consolidating within a bearish pennant.
I should keep this on my watchlist, and perhaps update my sentiment as price evolves.
BTCUSDT `` THROWBACKBTC has been soaring from it's inverse head & shoulder (more obvious on M5)
Presently, it seems to show signs of bearish move (correction, not impulse)
IF this happens,
xxx price should throwback to the neckline of inverse H&S, or the edge of it's channel (HTF ascending channel)
xxx this will be quick, and notable (in price, character of descent, and wave of panic)
xxx a hidden bullish divergence will form
xxx another opportunity to BUY should present (I'll look for one)
ps.
Of course, I'm still bullish on this. Have been since $33k, and looking forward to $40/41k
