Breakthebank

Breakthebank

Bearish deep crab D point coincides with key level of daily structure resistance. We will look for entries to sell the market at the 1.57754 level.

Breakthebank

After the monster sell off we saw on this currency pair over the past week, I was waiting for an opportunity to get involved. Price melted right through the structure support at 108.197. We will look for opportunities to go short should price retrace back to this level. This broken level of structure also happens to coincide with the 50% retracement off of the...

Breakthebank

As ripe a sell as we might see in the coming week. This pair has already started selling off after testing the key area of resistance (the highlighted blue region). We will look for areas to get involved in this sell off. A retest of previous structure level will give us optimal entry which we will execute on a 15M chart and we will hold until the next key...

Breakthebank

Euro has already begun melting following a test of resistance as highlighted in the blue box. We will look for a retest of the most recent broken structure support to get involved in the market. This structure support also coincides with a possible 50% fib retracement.

Breakthebank

In the past 2 days, we saw a 160 pip rally where price went parabolic right into a key level of structure. Such huge moves where one candle is +100 pips usually signal a possible correction. This price rally happens to come in at a key level of structure (1.74154). Price has already started selling off so we will look for opportunities to get involved and take...

Breakthebank

In the past 2 days, we saw a 160 pip rally where price went parabolic right into a key level of structure. Such huge moves where one candle is +100 pips usually signal a possible correction. This price rally happens to come in at a key level of structure (1.74154). Price has already started selling off so we will look for opportunities to get involved and take...

Breakthebank

Gold is ripe coming off a key level of resistance. That entry was missed and so we will look for other areas to enter and get involved in the trade. Price looks to be forming a continuation flag pattern on the 15M chart and we will look to short the market when price breaks out and hold until the next level of structure.

Breakthebank

Monster RSI price divergence on the daily chart. Look for entry on lower time frame. Best case scenario is price breaking above the blue zone and retesting to form the head and shoulders pattern. We take the retest of that structure.

Breakthebank

The weekly chart shows a very beautiful double top formation right on a key level of structure namely, 1.79392 . RSI price divergence is also very clear on the weekly chart. If we descend to a lower timeframe, we will be able to spot better entry opportunities and decrease out stop size. A retest of the aforementioned level gives us thee most optimal entry.

Breakthebank

Price has failed to break above the zone highlighted in blue. The RSI is exhibiting price divergence as price action has failed to make higher highs and the RSI has begun making lower lows. This is an indication of weakening price action.

Breakthebank

This is the one trade I am excited to see play out. We have the 147.836 level which price had tested 3 times before breaking above. When this price ceiling was exploited, price retested the level and we saw the formation of a double bottom. We have a demand zone coming in between 147.900 and 147.126 coupled with a 50% fib retracement. The positive gradient trend...

Breakthebank

The 1.30414 level has been an area of interest and we have seen price come off this level numerous times. Price stalled over the past week in a range between the aforementioned level and the 1.2900 psychological level. This is really a short term trade with a possible 100 pips on the table. I would like to see price touch that psychological level one more time...