GBPNZD is currently in consolidation(blue dash) at the upper trendline. we might see a breakout to the upside or breakdown. either way, the plan should be clear. I wouldnt advise you to trade in its current state since the direction from here on is still unclear. and longs in the orange box or shorts in the blue box should also be avoided or traded with care.
I expect a bit of a reversal or rather correction in the current downward spike in oil now based on this sharkpattern completion. We already saw a bit of a rally out if the PRZ but are falling down now. if we can somwhat hold the daily lows forming a double bottom, i will be looking to buy if we can take the recent swing highs. if we however make siginifcant new...
Everything worth noting is on the chart. The next time for me for look for longs will be a break if the recent consolidation
GBPJPY is forming a double bottom in the PRZ of this cypher. if we can confirm it, look for a buy.
We recently saw the break of a relevant 4h trendline. Currently we are sittin in consolidation. If we break this consolidation to the downside i will be looking to sell anticipating another bear impulse. Keep in mind that the overall trend in gold is up now and this break will most likly only indicate a longer term abc correction (on the daily timeframe) since...
USOIL maybe startin to form a little bit of a abc retracment down after the strong upmove recently. to jump onto that move i am looking for this small abcd pattern to go short. note: that is agressiv. if you wanna have a saver signal to go short wait for a upward trendline to break befor entering short. (maybe along the orange dashed line)
The wavestructure for GBPJPY isnt 100% clear at least from my (basic) point of view. depending on how you count you will end up with different scenarios. the most likly ones are drawn in with different colors. I personally think that we will see a break if the trendline to the upside one way or another (blue/orange) but the pink scenario is also possible. it will...
unfortunately the last two weeks not much time to trade since im also studying. but into next week this will get alot better, so much more time then. for today im looking at copper. im already long on a higher timeframe based on the head and shoulders i posted a couple of days ago. currently we are also having setups for a little bit of lowtimefram stuff while...
GBPUSD may or may not move up from here. but im really not interested in buying it as long as we dont break the blue solid line to the upside. however, a sell might be something to look for here to anticipate another move down. We recently broke the upward channel inside the big downtrend and are not consolidating below it. if we can break the consolidation to the...
We currently have a doublestacked consolidation after a breakout from the daily trendline. this might give us a surpreme RRR if we decide trading the lowest degree consolidation with highest degree targets. i will talk about targets later since i didnt put too much thought into yet, but im running a 4-split position setup - just in case i need it. you can ofc...
Late feb we broke down from a pretty relevant trendline in NZDCAD (solid blue line) We are not retracing back into a massive resistancearea at the dashed blue lower angled trendline, as well as previous support as well as the near perfect retest of the talked about (solid) blue upward trendline. As a bonus we are also somewhat at the 618 retracment of the last...
I posted that last week but i didnt find a suitable entry yet. now finally a possible one is shaping up if we can break the current consolidation to the downside. i will also be looking to buy the shark completion, if we can get down there. thats why there is by TG1 for the sell. However TG2 and TG3 are more bigger picture targets following the weekly resistance...
GBPNZD is currently inside a big downward wedge type structure (1D). Since we are at the bottom of it im looking for a buy setup to trade it to the top again. We had this ABCD downward(dashed line) after the first initial move away from the lower(solid) line. if we now can confirm the breakout from that by breaking out above the current little consolidation i...
We are sittin at the bottom of a higher timeframe trendline(solid). last week we as a breakout from the downward channel(dashed) inside this trend. this cypher could be a good place to look for a reentry if we can get down there. i dont think this is likly goin to happen, because i think we will continue higher long before the cypher completion, but if not, i...
I said multiple times in previous post, so far im not interesed in buying oil as long as we dont see consolidation. I personally expect a bigger correction to the downside soon, if we can break the orange wedge to the downside. My point to look for buys will be the completion point of the right shoulders or any breakoutsells to the upside if we can find desired...
CADCHF is shaping up for the Bat completion sell at a very big trendline. till that happens we might have one more buy chance to play the CD completion. if we can complete the flag here i will be looking for a breakout to the upside for a 3:1 trade.
Gold seems to be morphing into a big triangle. i will be looking for longs above is, but so far, im still passiv here. if anything im looking for a short at the upper line currently. we had a ugly cypher that has somewhat been confirmed by the break of the trendline. if we can make new lows now, then i will be looking to sell.
We recently broke the double bottom neckline with a momentumspike and are now consolidating down in a flag. we might retrace further down from here, but if not and if we can break the flag to the upside, i will be looking to buy