Structuretrading
AUDCAD 4H ShortLook for the possible Price Action form 61.8 Fib or 4H Imbalance to be filled after the correction
Dollar Index AnalysisLooking at the Dollar Index we can see a Double bottom and an Ascending Triangle formation on the neckline to break the barrier for the dollar to strengthen. Ascending Triangle is a continuation Price Action pattern
So we can see the Dollar strengthening against all the Major FX pair. Watch out for that move.
AUDUSD Long on 1H or 4H Structure ShiftAn inverse Head & Shoulder have been formed and a possible long entries await on Neckline Retest
GBPAUD Short OpportinityThe 4H Imbalance have reacted and now just waiting for the Daily structure shift to confirm the sells on the retest pullback strategy
AUDUSD Long on 1H & 4H Structure ShiftFor scalpers a 1H sniper entry will be an easy catch to jump in the move earlier. 1H structure break-retest and enter
NZDUSD H4 ViewSymmetrical Triangle Formation. Either Side break out can give a direction to the pair move
Uptrend Structure Shift / Break ConfirmationVice versa for Downtrend Structure Shift / Break Confirmation
GBPCAD Short 4H Pullback GBPCAD Short 4H Pullback
After a nice Friday Impulsive move we are all Time Frame on Sell Bias on this pair. A corrective move towards the resistance area will be awaited on Monday. Will be waiting for a good 123 candlestick price action pattern
Gold on structureGold has made a structure and is now still (kinda) respecting the repetition of this structure.
Expectation is that it will go down to around 1810-1825 close to new year, in the first few weeks of 2021 (January-Februari) it will probably shoot back up to the 1900
Let's hope it keeps his structure!
CADJPY - Moving AveragesCADJPY is seated on the MA200 on the 1-hourly chart, resisted on the 4-hourly chart's resistance level and look pretty flat on the daily chart, an aggressive shorting opportunity has been engaged due to the tight stop with huge profit potential.
USDJPY Multiple Pattern SetupsLooking at this pair it looks like we have a few patterns setting up. Depending on what you trade we have a valid Bear Bat Pattern and Bear Gartley Pattern as well. I will be looking at taking the first to complete which is the Bear Bat Pattern. The Risk/Reward to target 1 is about 1/1.25 and to target 2's is roughly 1/2.
-Raymond Jeffries
EURJPY Bearish Structure TradeLooking at this structure short on the EURJPY on the 60m. We have a clear level of structure looking left, price has gone overbought, there is bearish divergence with a double top. With Stops above the highs we have a pretty good risk/reward even for more conservative targets above the .50's handle. If youre more aggressive you can shoot for a lower level of structure. Not looking for a big move but just some relief.
-Raymond Jeffries
GBPUSD readied - round 3 ping-pong trading
- R:R as depicted within structures
- BE run when deemed necessary
