I found potential re-distribution on GBP/USD. Market makers locked traders inside of trading range and they want to use this TR to trap the crowd and make them lose money. My trading idea is to wait for a potential break of the ice (1.2345), which should confirm downward continuation and completion of "trap phase" by market makers.
I am bearish on EUR/NZD based on price action. My downward targets are set at the price of 1.4600, 1.4575 and 1.4515. SL above the recent high.
I found a bullish AB=CD pattern. My advice is to watch for buying opportunities. Targets are set at the price of 0.7645 and 0.7665
I see that EUR/USD looking very weak and that we may see potential bullish crab in future. I see EUR/USD near 1.0656. The level of 1.0655 will be completed bullish crab. Will watch for potential buying opportunities near D point.
Bearish on EUR/USD. Targets 1.0782 and 1.0730
I found solid Fibonacci numbers on USD/JPY. I am bearish with tight SL about D point. Target are set at the price of 112.77 and 112.50.
I found very decent Fibonacci numbers combinations. Keep in mind is is entry versus the intraday trend but it's worth to try with small risk. Targets set at 1.0790 and 1.0770
I found potential AB=CD and successful rejection from support (fake breakout). There is also RSI divergence on the oscillator and RSI looks not overbought. Upward targets are set at the price of 1.3125 and 1.3225.
I found AB=CD on USD/CAD. There is also supply zone and Fibonacci retracement 61.8%. My advice is to watch for selling opportunities. Targets set at 1.3045 and 1.3017.
I found an extended bullish AB=CD pattern. The price is testing the 38.2% but I see more potential on this one. I expect at least testing of Fibonacci 61.8% at the price of 1.3090.
I found 5 days base (accumulation) according to 30M chart. Price broke the base in a high volume and healthy price action and confirmed effect phase. SL is set at 0.7450 and target at 0.7900 Risk reward ratio in this setup is 1:6 Feel free to comment if you like analysis >
I found strong downward momentum on the market. This is simple trend trending with Ichimoku. I used multi frame analysis to find good entry level and good SL level. SL level is set at 1.3195 and target is set at 1.2800.
Strong downward trend and rejection from the standard line (Kijun sen). SL at the price of 1.1025
I found strong downward trend on EUR/USD and the price respected turn like according to the 1H time frame. SL is set at 1.0997 and TP is set at 1.0915.
Clean and simple trend trade. Lets see how much we can go from here. Nice rejection from Ichimoku cloud. Target at 1.3186 and SL around 1.3050
Today I found a very solid setup at GBP/USD. The strong supply in a high volume entered the market and I saw decreasing volume on the upward leg. and I used Ichimoku in this example. The price crossed the cloud, Tenkan sen crossed Kijun sen and Chikou sen is below the cloud. I don't even need to mention that short-mid term trend is bearish. Target set at 1.3075...
I found the massive sign of strength in the background after the CPI in New Zealand. There is also retracement FR 61.8%, which held successfully. Watch for buying opportunities. TP1 - 1.5630 TP2 - 1.5700 TP3 - 1.5820