Hi Traders, Here is a nice area to watch with a nice Bat Pattern forming on the 4H Timeframe aligning with the supply zone area and the RSI overbought. 3 conditions that increase my probability of a wining trade. Keep it simple and happy trading
Hi Traders, The market has been sucked up to the downside in my point of view due to the Daily demand zone (red box) and the breakout traders that has been trigerred (look the big fall down breaking the structure). Usually I tend to see this kind of move as a first reaction to the liquidity momentum, once the move occured and cleared the orders I wait to see a...
Nice opportunity to watch for a potential breakout short to retest the below demand area. I would be more confident if the price retest the above resistance before breaking the support to the downside. Happy trading
See chart for full description. Happy trading
The price is approaching the Daily supply zone (Major structure), with a strong momentum to the upside giving us some clues on the above that is acting like a magnet (zone of high liquidity). The RSI is showing sign of bearish divergence. I will watch carrefully this zone to find any reason for entry. For agressive style trading this area (red box) could be the...
Nice area to watch for a Bat pattern right inside a Daily supply zone. Note also the RSI overbought. Happy trading
Nice Cypher pattern completed within H4 structure (yellow box). Conventional targets at Fib retracement 38.2 & 61.8. Keep it simple. Happy trading
Hi Traders, Nice area to watch for an : - AB=CD move - aligned with a bearish CYPHER Pattern - Within Daily structure (Red BOX) - RSI approaching the overbought area Happy trading
Nice area to watch for a short opportunity right inside a Daily supply zone where a Bat pattern is forming. Keep it simple and Happy trading.
Nice area to watch for a short opportunity right inside a Daily supply zone where a Bat pattern is forming. Also note the RSI over extended. Keep it simple and Happy trading.
Area to watch for a potential turning point. The price is entering a Daily supply zone with an 88.6 Fibonacci confluence. Nice risk/reward on this trade with two potential targets on structure. Any other confirmation will be added to strenghten the probability : -RSI divergence - Advanced pattern on lower timeframe (short within the supply area) -Conventional...
Hi Traders, I would like to show you how to build a case for entry with a pure technical structure analysis. - We can see on the chart that price retraces to the 50% Fibonacci retracement - Then it projected right on the 141.4 Fibonacci as I expected forming a nice Harmonic AB=CD move - The RSI in entering the extended zone. - The price entered the Daily demand...
Hi Traders, The price is forming a nice CYPHER PATTERN right on a Daily supply zone and currently respecting the Daily downtrend (black trendline). The RSI has entered the overbought area. Nice confluences increasing my wining expectancy of this trade. Happy trading
CYPHER PATTERN COMPLETED RIGHT ON THE 78.6 Fibonacci retracement. Target 1 & 2 at conventional Fibonnaci retracement = 38.2 & 61.8 Happy trading
CYPHER PATTERN COMPLETED FOR A DAY TRADE OPPORTUNITY
Hi Traders, Through my experience in looking at the charts I am always trying to improve my trading skills, in this trade I would like to show you how I manage to find my best entry zone where I predict the market's turning point. - We can see that the market is approaching a Daily major structure with a nice AB=CD move aligning almost perfectly with the 1.27...
Nice area o watch for a short opportunity. The price is approaching the Daily supply zone (Major structure), the strong momentum to the upside is giving us some clues on the area acting like a magnet (zone of high liquidity). The RSI is already in its extended area. 1 - The agressive way to enter this trade is to short on a limit order in the purple box. 2 –...
Nice area to watch for a SHORT opportunity. Break of HTF trendline showing the BEARISH price bias. The 20 &50 SMA is pointing south so I am predicting the retest of the trendline before going SHORT around 1.0865's with two targets. An extended RSI will add more weight to my trade. Happy trading