HELLO TRADERZ! HERE'S A TRADE IDEA ON THE GBPJPY ON THE 15MINUTE CHART. I WOULD LIKE TO SEE THIS MARKET PUSH UP INTO THE 78.6 TO 88.6 TO COMPLETE OUR CYPHER PATTERN AND GIVE US A NICE SELL OPPORTUNITY. IF WE GET A PUSH INTO THE KILL ZONE, THEN WE WILL BE SELLERS. LET'S SEE HOW THIS PLAYS OUT!
HELLO TRADERZ! SO THIS MORNING I IDENTIFIED A FEW KEY PRICE LEVELS THAT I POINTED OUT TO MY GROUP OF TRADERZ FOR A SHORT OPPORTUNITY. WE WERE LOOKING FOR A RETRACT BACK UP INTO PREVIOUS SUPPORT WHICH NOW SHOULD BE RESISTANCE. CONFLUENCE WITH THE 61.8 AND AN OVER BOUGHT CONDITION ON THE RSI. LET'S SEE IF WE HIT OUR FIRST TARGET AT AROUND 1.30300s.
Hello TRADERZ! So, our group was looking at the EURUSD and caught the sell off resistance and now looking at the 1.272 extension on the Fib and we bought the counter trend trade to catch the potential outside return back up into the 38.2 to 61.8 retrace.
HELLO TRADERZ! SO, WE MAY HAVE A POSSIBLE ABCD PATTERN COMPLETION ON USDJPY ON THE HOURY CHART. WE'RE GOING TO USE THE "IF/THEN" METHOD. IF WE GET A COMPLETION OF THIS ABCD PATTERN, WE'LL BUY AT THE 1.272 EXTENSION, WHICH ALSO COMPLETES THE C TO D LEG, AND IS ALSO IN CONFLUENCE WITH PREVIOUS STRUCTURE SUPPORT. OUR TARGET WOULD BE THE 61.8 ON A FIB OF THE C TO D...
BEARISH GARTLEY PATTERN ON THE USDCHF DAILY CHART. PRICE ACTION RIGHT IN OUR KILL ZONE. DEFINITELY LOOKING TOWARDS THE SHORT SIDE.
HERE, I'M SEEING A BEARISH GARTLEY PATTERN ON THE EURCAD. ALTHOUGH, OUR D LEG HAS OVER EXTENDED, IT HAS RESPECTED PREVIOUS STRUCTURE HIGHS WITH AN RSI DIVERGENCE AS CONFLUENCE FOR MY BIAS TOWARDS THE SHORT SIDE. LET'S SEE HOW THIS PLAYS OUT!
LAST MONDAY, I PLOTTED A BULLISH GARTELY ON THE EURUSD ON THE DAILY CHART. I WAITED ALL WEEK FOR A COMPLETION AT THE 78.6 ON MY FIB RETRACEMENT. WE ENTERED THIS MARKET TOWARDS THE BUY SIDE RIGHT BEFORE FRIDAY'S MARKET CLOSE. SUNDAY OPEN SHOWED SOME SIGNS OF STRUGGLE BUT IS NOW GIVING US A NICE PUSH TOWARDS OUR BIAS DIRECTION. LET'S SEE IF WE GET OUR TARGETS IN THIS TRADE.