Pattern: Channel Up on 4H. Signal: Buy on a recurring pattern based on the MACD. Target: 1.1960. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Pattern: Channel Up on 1H. Signal: Buy as the pattern touched the Higher Low trend-line of the Channel Up. Target: 1.2050 (just below the +1.60% Higher High extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting...
Pattern: Emerging Channel Down on 4H. Signal: Sell as both the RSI and MACD are descending, repeating the June Channel Down sequence. The price is also clearly below the 4H MA50. Target: 1.16500 (-2.25% from the top) ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via...
Pattern: Channel Down since 2017. Signal: Sell as the price broke below the Channel's pivot (dashed line). Target: 102.000 (just above the Support line and the inner (blue) Lower Low trend-line). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Im looking for bigger wins in the bigger picture...
Pattern: Channel Down on 1D. Signal: (A) Bearish as long as the 1D MA50 (blue line) is intact, (B) Bullish if it breaks or the RSI enters the Buy Zone. Target: (A) 15.500 (former Resistance and now Support), (B) 17.8850 (Symmetrical Resistance). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Pattern: Triangle/ emerging Channel Down on 1D. Signal: Sell as the RSI is replicating a sharp drop fractal. Target: 21.600 (just above the Support). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Most recent USDMXN signal:
Pattern: Multi-year Channel Up on 1W since mid 2014. Signal: If the green trend-lines break, it is a sell signal but suitable to long-term traders only. Target: First to the 1W MA200 and then the Higher Lows trend-line of the long-term Channel Up as illustrated by the green arrows. ** Please support this idea with your likes and comments, it is the best way...
Pattern: Channel Down. Signal: (A) Buy as long as the 4 year Support holds. (B) Sell if it breaks. Target: (A) 50.00 (just below the Symmetrical Resistance). (B) 48.00 (the next Support level). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Pattern: Triangle on 1D. Signal: Bullish as the RSI is forming a bullish pattern which since the Channel Up started in March 2018, it was a sign of a new High. Target: 9.800 (Higher High excluding the COVID candles). Most recent signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Pattern: Channel Up on 1D. Signal: Bearish as the pattern is about to print a Golden Cross, which even though is traditionally bullish, it has been bearish for NZDUSD on the last 3 occasions. Target: 0.6300 (contact on the curve). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Pending order Buy limit 1.36095 SL at 1.35717 TP1 at 1.36473 (RR 1:1) use Trailing Stop TP2 at 1.36860
A while ago, I posted the following chart, saying that USDCAD was 'still far from a long term buy'. The conditions are finally set for the pair to be a fair long-term buy opportunity: Pattern: Channel Up on 1W. Signal: Bullish as the price rebounded on the 1W MA50 while the RSI hit its long-term Buy Zone. Target: 1.4200 (first Resistance) and 1.46800 in...
Pattern: Descending Triangle on 1D. Signal: Bullish as long as the 106.00 Support holds. Target: 108.500 (around the Lower Highs trend-line from March 24). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Most recent USDJPY signal:
Pattern: Channel Down on 4H. Signal: Bearish as long as the 4H MA50 is intact and the Support 1 breaks. Target: 1.11250 (just above Support 2). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Pattern: Channel Down on 1W. Signal: Bearish after a rebound is completed on the 1W MA200. Target: 30.150 and 29.300 in extension. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Pattern: Channel Up on 4H. Signal: (A) Bullish as long as the price is trading above the upper level of the Support Zone, (B) Bearish as long as it breaks below the lower level of the Support Zone. Target: (A) 1.1450 (just below the Higher High of the Channel Up), (B) 1.1050 (expected contact with the 4H MA200). ** Please support this idea with your likes and...