SergeantPringles

SergeantPringles

Pretty simple setup here. Market currently rallies up to the zone where we previously had a doubletop. further we have a shark in place confirming this zone as a PRZ. Tho not ideal but we also have a potential overhead trendline stepping in and giving us a bit of potential resistance. Entry for me is the 1.618 inverted AB extention. stops somewhere at the 1.27 0B...

SergeantPringles Updated 

Im still looking to go short AUDUSD as long as we dont see a clean break too the upside on the higher timeframe. So far i have to plays in mind for whatever direction the market wants to go. if we break below the lower dashed blue line i will looking to go short based on the confirmation of the double top and the break of the triangle (stops above double top) if...

SergeantPringles

We have room for least one more bigger up more on GBPUSD, if we can take out the highs of the Gartley. The Pinbar or the dashed trendchannel can be a good way to hop in early.

SergeantPringles

We might see an more upside/sideways market in this pair this week. I personally wouldnt trade short in the near future. but im looking for longs if decent setups show up.

SergeantPringles Updated 

Market may or may not break down at the current level. but if you wanna see another wave up then those 2 pattern can give you a nice entryreason. Entry is at the 886. for both patterns and stop tight below X or 0, since we dont wanna see new structure lows. note that the levels on the charts arent drawn in with care, since its very zoomed out. so make sure to...

SergeantPringles

Hi. This is my overall look on this pair for the next 1 - possibly 2 - weeks to come. We have trades in place for whatever the markets throws at us. 1) If it goes down relativly soon i will be buyin the 61.8 retracment of the latest (orange) upmove to look for more upside. 2)if we however dont reverse and shoot up straight i will be looking to sell based on...

SergeantPringles Updated 

Hi will be watching this trendline for a bigger correction to the upside into the next week. However, currently we still have room for one more down wave. we also having a nice pinbar right at the trendline indicating market rejection from that area, so we could already look for shorts here. Keep in mind tho that we would be sittin in Wave 5 (or the third...

SergeantPringles

We have still room for another downward wave on the weekly on NZDUSD. Currently we are retesting the upper trendline after breaking below the daily triangle(blue dash). If we see a breakout from orange upward consolidation we should look for shorts. double top acts as further confirmation, so u can also place your orders below the double top if you so wish...

SergeantPringles Updated 

If you do the higher timeframe analysis you will see on the 2H-4H we just broken an upward channel that was approaching the upper band of a daily timeframe downward channel. We have room and expect one more big move to the downside. So we might see a breakdown from here one way or the other. Its a good place for a small short with runaway targets of hunderts of...

SergeantPringles

I dont trade wolve waves persé tho i recognize them but i do trade double tops, so we might see a nice setup emerging here. whilst you could enter right here, im am looking for a improvement of the RRR. Thats why im looking for a 0.5 retracement retest of the doubletop (some refer to this as 2618 trade) if we press lower befor goin up i will ofc adjust my entry...

SergeantPringles

On the 2H GBPCAD has seen a bearish breakdown indicating a potential bearish trend. further we also broke a decent trendline on the daily timeframe. while im still waiting to see what this pair wants to do on the bigger picture, im definitly more inclined to look for shorts. The easiest possiblity i can spot is this bat pattern. while the 886 can be a good...

SergeantPringles

We technically have room for 1 more downwave if we review this as a 5 wave structure with a third wave extention. with a bit of goodwill on the XA leg we can see a nice gartley forming that will retest the uppertrendline (better visible on a 4h i guess) while downside potential is certainly there id suggest taking half position off early and bringing stops to...

SergeantPringles

If we see EURAUD rally during next week take a look at this PRZ. We will most likly see a little bit of relieve in this area and it can be a good point to sell for a smaller downside move. Targetareas indicated by the blue lines. I wouldnt suggest shooting for more than that as a target since i see AUD weak and EUR strong in the next future, but at least a...

SergeantPringles

We are currently "trending" upwards on the 2h right into recent resistance. if we now can take the recentl swing lows i think its a good idea to sell. Risk Reward should be pretty ok. U can also sell the retest.

SergeantPringles Updated 

You can buy the breakout right here with stops below 9544ish or you can wait for a consolidation after the breakout to get stop improvement.

SergeantPringles

Im currently looking for a bit of downside hedge in AUD pairs, against my longs. so i think this is a pretty good spot. good trendline to look for breaks. doubletop at resistance and a good room to run. im planning to let the market breakout first and then hopefully get in if we retest the doubletop.

SergeantPringles

We broke every trendline one could possibly draw in with a big momentum move indicating a swing in market direction at least for the moment anyway. look to buy the breakout of the flag to catch more upside momentum

SergeantPringles Updated 

I posted this channel yesterday i think (look for the related idea below). now we technically broke it on the 2h so im looking for longs. i have one normal setup with a buy above those highs and normal stops, but we are currently also seing a nice consolidation channel on the 5-15m. so i think i its a good spots for an exhibition play to the upside with a smaller...