After a H&S pattern and a sideway movement of almost a week the trend is still considered Bearish. IF the 4H Candle will close beneath the minor support leven of the 1th of june 132.750 We might see the downtrend continue and fall back into the channel :)
chart Price is making a double top pattern at a resistence zone, We will move to a lower to look for bearish flag .
4hour chart Price is making a double top pattern at a resistence zone, We will move to a lower to look for bearish flag.
GOOD DAY TRADERS.... HERE'S A SHORT IDEA ON GOLD > WE SAW A FALL ON GOLD WEAKENING TOWRADS 1700 AHEAD OF POLICY ANNOUNCEMENTS FROM THE 2 CENTRAL BANKS > GOLD BROKE THE SUPPORT LEVEL 1711.64 AFTER THOSE ANNOUNCEMENTS > WE MAY SEE A RETEST OF THIS FTR STRUCTURE BEFORE CONTINUING TO THE DOWNSIDE > IF IT PLAYS OUT THIS WAY WILL BE LOOKING FOR ENTRIES TO THE...
This might just be the highest risk trade ever. Counter-Trend Traders who are looking for a buying opportunity may just have their chance. I'm waiting for a major retest at 116.22 area, if the candle break and close below 116.22, worst still 116.12, the bear run is going to happen. You might be thinking, short then. Well, just look at that strong bullish candle...
A 3-bar reversal and an RSI Divergence will give me a cue to engage this trade on a trend trading opportunity. Let's see how this candle close.
A Bearish Shark setup within the consolidation zone as a counter-trend move. The candles within the red eclipse got me worried. Traders who like to engage this trade may like to consider placing stop-loss above the red eclipse.
A support and resistance trading setup that gives a 2.88:1 Reward:Risk. The trade is engaged as this level is well supported
Intraday short on us30, price broken and retested structure, targeting the 127% with a protected stop. 4-1rr
Waiting for a break below and close below of the magic candle that is circled in yellow and a retest back to the entry price to short this pair.
Well, this trade is already in the "Safe House", I've already shifted the stops to entry. The recent bearish candle(black) has a break and close below the low, which was mention on the previous post(link at the bottom). If the current candle has another break and close below the trendline and without touching the first target, I might able to plan for a second...
We are approaching a very high-value area, with structure lows to take a long-term trade here. I do think we may push lower before this big move, I am watching for a clear pattern to indicate this, before getting in on the long. There will be lots and lots of opportunities along the way so be patient.
Hey Traders, So, if you had traded the EUR/JPY Bullish Bat I posted earlier this week you would have banked around 85 pips. Secondary targets reversed and stopped out at break-even, We can't always have it all traders lol. An important factor we banked profits from that trade but always be ready to hand them back over. Moving forward, we have another advanced...
Hello Smart Trades, GBPNZD price has a trap inside the triangle, however it would be great if you could wait for breakout the trendlines in order to get the clear of confluences and determine where the price will be move to create the directions either it will continuing up for Double top or breakout the trendlines to creating the lower high. Mind the zones as...
Looks like I am very bearish on every stock!! anyways Going with the trend on this trade which is down! it is a straightforward setup, no complex pattern or anything. Price action hit the previous structure + Fib 38.2% zone with confirmation I did not see this trade early enough i am a day late on this trade but the green candle yesterday is showing me, market...
EURUSD break previous low and pulled back to structure around 1.0940 will be a good area to short SL : 1.0971 TP : Follow arrow
On this pair (gbpusd) based on my analysis the price hits its previous daily structure which is the resistance level. to confirm that it will reverse to the up side is that we need to see rejecting candles so as false breakout, If not then price will break though daily structure and continue to the downside.
Hey Traders, If you analyze this pair on the hourly you would notice that we have recently had a violation of structure, with that said we are unable to confirm a bearish bias till we get that 123 move. However, if price action rallies than there is a trading opportunity to short this market at 0.68367 using an advanced pattern strategy called the Gartley. For...