LONG EURCHF 1. Bullish XABCD 2. Price rejecting from a strong Demand Zone 3. Target M30 Supply Zone 4. Entry on strong Bullish Candle 5. TP 0.98927 6. SL 0.98194
LONG GBPCHF 1. Bullish ABCD on Multiple Time Frames 2. Price reacted from a strong Demand Zone. 3. ENTRY 1.14222 4. TP 1.14790 5. SL 1.13889
PRICE MOVES ZONE TO ZONE ON 4H It will react with 4H supply 1 and go to the 4H demand 2. When it reaches the 15M demand 1 inside 4H demand 2, it will shoot up to 4H supply 3, break 4H SWH and then continue it's way up creating a new 4H SWH.D
SELL AUDUSD 1. Price is inside 4H Point of Interest 2. Liquidity grab has occurred. 3. Price smashed through liquidity and made a new high and formed an Order Block with a Fair Value Gap below. 4. Break of Structure has occurred on the 15M. 5. Entry on the 0.75 level of the Order Block can be taken. 6. Entry level: 0.65096 7. SL: 0.65219 8. TP: 0.64515 9. RR: 4.72
SHORT EURJPY 1. Rising Resistance 2. RSI Divergence 3. Double Top / Tripple Top 4. Entry: Current Price 5. TP1: 142.130 6. TP2: 141.871 7. SL: 142.647
SHORT AUDCAD 1. Wait for Breakout 2. Entry: 0.88561 3. TP1: 0.88076 4. TP2: 0.87513 5. SL: 0.89011
SHORT ON BTCUSD 1. Bearish ABCD pattern has been spotted. 2. Rising wedge has had a breakout 3. If support fails, then the next stop will be previously tested support which is also the last month's swing low.
LONG ON SILVER LONG BIAS 1. Head and Shoulders pattern in play 2. Support and Resistance levels are being respected 3. Price is playing inside a rectangle 4. TP 1 20.19146 5. TP 2 20.40076 6. SL 19.53218 ENTRY ON STRONG BULLISH MOMENTUM
LONG ON GBPUSD LONG BIAS 1. Hidden Bearish Divergence 2. Price at previously tested support area 3. Price has reacted in a similar fashion recently Enter with the breakout of the trend line
SHORT ON USDCAD SHORT BIAS: 1. Bearish Divergence on the RSI 2. Resistance Line has been tested before 3. Price needs to come down to test the last institutional order block
A downtrend is in progress. RR ratio of 1:1 is set for this trade.
A Double Bottom chart pattern has been confirmed on the 4H time scale. The trend is on the downside according to the DOW theory. Lower Highs and Lower Lows can be seen on the chart and a series of bearish candles turn the bias on the bearish side.
1. Bearish Crab / XABCD Pattern 2. Up trend is ongoing, series of higher highs and higher lows can be seen 3. TP is 1.94092 4. SL is 1.92723 5. RR Ratio is 1:1 for this trade
BULLISH ABCD PATTERN 1. Strong up trend can be expected. 2. A rejection can be seen at point D. 3. Bullish Candles have started to appear after the conformation of the pattern. 4. A tight TP is set with a take profit level of 104.700. 5. A stop loss level of 103.521 is set. 6. RR ration of 1:3 is taken for this trade.
Short on NZDCAD 1. Bearish Rising Wedge can be seen on the 15-minute chart. 2. The Breakout has occurred with a decent retest of the trendline. 3. Take profit level is calculated based on the height of the wedge. 4. TP1 = 0.80727 5. TP2 = 0.80350 5. SL = 0.81214 6. RR ratio of 1:2 is in play for this trade.
Short on AUDCAD 1. Bearish Rising Wedge is forming on the 1H scale. 2. Trade can be taken when the breakout occurs with strong bearish candles. 3. TP1 = 0.89337 (RR1:1) 4. TP2 = 0.89042 (RR:1:2) 5. SL = 0.89927
Long on ETHUSD 1. Fib Retracement has been respected at multiple levels as shown in yellow highlighted regions. 2. Higher Highs and Higher Lows can be seen which is giving us Bullish Signals. 3. Bullish Engulfing Candle can be seen which is again giving us Bullish Signals. 3. TP = 0.618 level of Fib (RR 1:1.3) 4. SL = 0.786 level of Fib
Short on NZDCHF 1. Bearish Rising Wedge has formed on the 15-minute chart. 2. A Breakout has occurred, therefore a short is recommended. 3. Height of the wedge is taken as a future projection of take profit level. 4. TP = 0.59685 5. SL = 0.60035 6. A RR ratio of 1:1.5 is in play.