TheNotoriousTraderFX

TheNotoriousTraderFX Updated 

Structure provides Lower Highs and smaller candles at the support on H4. Last candle was a stop hunt candle to gather liquidity. We all know what that means. A strong trend is in the beginning. Entry at 0.66100 SL at 0.66350 First TP at 0.65500 Second TP at 0.65000

TheNotoriousTraderFX

Short Signal for AUDNZD on the H4. We retested the structure resistance with clean trend+correction moves. It is a solid Setup based on structure. COT data provides uncertainty (50/50 positioning) for AUD and a more bullish positioning in NZD (60% long / 40% short). So the short is in our favor.

TheNotoriousTraderFX Updated 

A buy Signal came in on EURAUD. After the strong trend to the downside we formed a consolidation on the H4. All happens within the Monthly/Weekly AND Daily Buy Zone that developed in the ranging market since June. D1 and W1 show higher lows. We closed above the created resistance at 1.62470. After the close above this price we wait for a retest of the...

TheNotoriousTraderFX Updated 

See the description in the chart for forther information.

TheNotoriousTraderFX Updated 

We are seeing a consolidation right now. COT data is showing more bearish positioning so be carefull and dont jump into a BUY position if it doesnt show clear signals. LONG: We want to see bullish sentiment kicking in = Higher low, respecting last structure. Only if we close above the range, we can look out for a retest of the resistance (turned support) ...

TheNotoriousTraderFX Updated 

See the Infotext in the chart for further information. If a Risk/Reward of 1:6 is presenting itself, you can´t argue that it is just a good opportunity to take the trade. The Setup is clean so far.

TheNotoriousTraderFX Updated 

As seen in my last Analysis prices moved as expected even tho I didnt enter at the top zone. Still the Setup is in place and I just had to shift my arrows slightly to the left to see how accurate it is fittign. It even mathches with the fiv retracement. By that means the next signal appears to be a short down to the overall Weekly Supportzone.

TheNotoriousTraderFX Updated 

M-Formation respected W1 / M1 / D1 resistance. Now we can take the completion of the pattern to enter a short: Sell Limit @ 76.135 SL @ 76.345 TP @ 75.240 R:R 1 : 3.7

TheNotoriousTraderFX Updated 

Situation: - a massive Monthly/Weekly AND Daily support zone pulls down AUD right now. - overall the market is ranging from 1.12000 to 1.02000 --> possible LONG entry @1.08500 - Swingtraders set up a limit order - I recommend monitoring prices in the box zone to look for a reversal (e.g. false break out of the zone and re-entering) --> TP @1.11600 / SL @1.076 ...

TheNotoriousTraderFX Updated 

If you showed patience so far, you didnt take the fake out short that didnt reach its TP just shy. (Daytrade was an option to be fair). Why the fake out happened you ask? To take liquidity and shake out longs. Whats next: We prepare for a second fake out, but above the blue box area. On a strong reversal whick with candles coming back into the blue box, we take...

TheNotoriousTraderFX

Swingtraders watch AUDCAD for a potential short. The recent W-Formation formed nicely, now to complete the pattern it should go back to the old resistance, now turned support. Sell Limit Entry @ 0.96000 SL @ 0.97200 TP @ 0.92000 R:R 1:3 Thats a deal. Have a good day guys!

TheNotoriousTraderFX Updated 

Just to make it short because its on a M15. All is said on the chart. Retest is approaching. Quick Trade Possibility with a great R:R.

TheNotoriousTraderFX

- be patient for prices to retest the resistance and give us a valid entry signal for a short.