Long TPP Entry 1: 11.5; Entry 2: 10.5 Exit 1: 10.2; Exit 2: 9.0 Target 1: 13.5; Target 2: 16.2; Target 3: 26.3 Signal: + Price congestion zone from 9.3 - 13.4. + Huge volume bars tend to breakout upward congestion zone.
Trading suggestion: ". There is a possibility of temporary to break to the suggested resistance line (291 ). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MSFT is NOT in a range bound, and the continuity of an uptrend is expected. . 13 AGOST 2021 have a GAP bullish Take Profits: TP1=...
The USD/MXN pair will very likely see a steady increase in price in the first 100 days of president-elect Donald Trump. Watch Donald's first 100 days in office message here: www.youtube.com A TPP withdrawal will likely generate uncertainty about the future trade relations with the 12 involved parties, including México, which plays an important role in the...
I'm monitoring price action here, I think we can add to longs after today's close, buying into new daily highs with half position, and tightening my initial entry stop to today's low, on close. For now, we need to wait patiently for the daily close, and then we can add with comfort. If not in, wait for the close and buy as indicated. Good luck, Ivan Labrie.
I believe to have found a H&S pattern on the daily chart in UsdCad I am selling below the neckline - SL at 1.36, target of the H&S is around 1.2550 UsdCad put in new lows on Friday, after the data releases (and bad number on earnings) Also Crude Oil is on the way up again - next target 38-40 The combination of these two will probably bring Usd down more the...
We have a potential Butterfly and Bat pattern completing at the same level. This gives us the sufficient confluence points to short the market should price completes the patterns. I would love to hear your opinion, feel free to comment, agree or disagree....
Weekly Analysis: www.youtube.com It's been a while since I last did a video analysis. Moving ahead, I would love to do this on a weekly basis. You support is greatly appreciated. Do like and share this video with your friends and community. This week video, we look into the 3 methodologies: 1) Structure Trading 2) 2618 3) Advanced Pattern I would love to hear...
Current Sentiment: Range Pending Technical Score (PTS) Direction with trend: +1 SnR Confluence: +2 Trendline Confluence: 0 Harmonic Confluence: +0 Total: 3/8 Wait for price action confirmation. I would love to hear your opinion, feel free to comment, agree or disagree....
We have two potential advanced pattern setups on this pair. Should price move up towards the 1.9580 region, we have a bearish Gartley. Alternatively, if price goes down towards the 1.8865 level, we have a bullish Gartley. I would love to hear your opinion, feel free to comment, agree or disagree....
I am truly grateful to come across Akil's sharing sometime back, and I must say I really appreciate his sharing and dedication in helping out traders. So for those who are familiar, there is a potential 2618 setup (a methodology shared by Akil) here. I would love to hear your opinion, feel free to comment, agree or disagree....
Price finally broke out of a ranging market after yesterday BOC event. The downward potential here is simply awesome. The risk to reward ratio itself is worth taking a shot. Should price retest the 1.2375 to 1.2400 region, we can look for a short opportunity with targets towards 1.1985 and potentially 1.6660. I would love to hear your opinion, feel free to...
This pair has been consolidating since late March, forming a triangle pattern. Breakout traders can keep an eye on this pair to see where price breakouts. I would love to hear your opinion, feel free to comment, agree or disagree....
Price is currently in a tight consolidation box between 1.0145 to 1.0200 region. A breakout to the upside could potentially see price reaching for 1.2580 to 1.2820. A breakout to the downside could potentially see price reaching for 1.0025. Naturally, the downside reward seems to be much better than the break to the upside. I would love to hear your opinion,...
Current Sentiment: Range Pending Technical Score (PTS) Direction with trend: +1 SnR Confluence: +1 Trendline Confluence: 0 161 Harmonic Confluence: +2 Total: 4/8 Place pending orders. I would love to hear your opinion, feel free to comment, agree or disagree....
Current Sentiment: Bullish Pending Technical Score (PTS) Direction with trend: +2 SnR Confluence: +2 Trendline Confluence: 0 127 Harmonic Confluence: +2 Total: 6/8 Place pending order. I would love to hear your opinion, feel free to comment, agree or disagree....
Current Sentiment: Bearish Pending Technical Score (PTS) Direction with trend: +1 SnR Confluence: +1 Trendline Confluence: 0 161 Harmonic Confluence: +2 Total: 4/8 Place pending order. I would love to hear your opinion, feel free to comment, agree or disagree....
Current Sentiment: Bearish Pending Technical Score (PTS) Direction with trend: +2 SnR Confluence: +2 Trendline Confluence: 0 Harmonic Confluence: 0 Total: 4/8 Place pending orders. As we have a confluence of structure at our B point, a break of this can give us a decent opportunity to long the market towards the completion of the Bat pattern. I would...
Last week, price closed and break various support structure, the support and trend line. Going into this week, we would remain bearish on this pair and any retracement towards the 128.40 to 128.75 region would provide us with some good shorting opportunities. I would love to hear your opinion, feel free to comment, agree or disagree....