TheSupportResistanceTrader

TheSupportResistanceTrader Updated  Mar 3, 2017

Possibly shorting USDJPY due to a good looking Wolfe Wave. Short order put at the green area with target and stoploss indicated on the chart, good luck!

TheSupportResistanceTrader Mar 3, 2017

Possibly shorting USDCHF due to a good looking Wolfe Wave. Confluence is an ABCD pattern and possibly RSI divergence. Short order put at the green area with target and stoploss indicated on the chart, good luck! Will most likely scale down as we move towards the profit target due to the high Risk:Reward.

TheSupportResistanceTrader Feb 12, 2016

Trendline, dual fibonacci, structural support, pinbar on 15 min. Good luck!

TheSupportResistanceTrader Updated  Feb 12, 2016

Trendline, fibonacci confluence, ascending triangle, structural support and pinbar, I got in at a little better price as indicated on the chart. Good luck!

TheSupportResistanceTrader Nov 12, 2015

Long due to fibs and the big bullflag (zoom out to 4hr) Stoploss below last lows and target at the 123 psych level! And as always, hold your thumbs!

TheSupportResistanceTrader Nov 11, 2015

The chart shows it all! Looking to short this EURGBP bat pattern . When profit target 1 is hit we move stops to breakeven, but no profit will be taken here. All profit will be taken at the .618 (target 2). Stop level is also indicated. And as always, hold your thumbs!

TheSupportResistanceTrader Nov 8, 2015

The chart shows it all! Looking to long this EURGBP bat pattern. When profit target 1 is hit we move stops to breakeven, but no profit will be taken here. All profit will be taken at the .618 (target 2). Stop level is also indicated. And as always, hold your thumbs!

TheSupportResistanceTrader Nov 8, 2015

The chart shows it all! Looking to long this AUDJPY bat pattern. When profit target 1 is hit we move stops to breakeven, but no profit will be taken here. All profit will be taken at the .618 (target 2). Stop level is also indicated. And as always, hold your thumbs!

TheSupportResistanceTrader Nov 6, 2015

The EURCAD has two times during this downtrend had trouble with the support at the purple box but has recently broken through it and is now coming back up. We look to short it when it comes back into the 1.4365s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs (indicated by grey triangles). We are also...

TheSupportResistanceTrader Nov 5, 2015

The USDJPY has multiple times had trouble with the pink resistance level but broke through it yesterday and is now coming down to retest it once again! We look to long it when it comes back down into the 121.4s as we then get what i call the "broken fang" setup meaning that price prints higher highs but equal lows (indicated by grey triangles). Other confluences...

TheSupportResistanceTrader Nov 3, 2015

The GBPNZD has multiple times had trouble with the purple box but has recently broken through it and is now coming down to retest it once again! We look to long it when it comes back into the 2.3s again as we then get what i call the "broken fang" setup meaning that price prints higher highs but equal lows. Other confluences are the .382 fib retracement, the...

TheSupportResistanceTrader Updated  Nov 2, 2015

The EURGBP0.18% has multiple times had trouble with the dashed blue line (both now and in the past, go the the 4hr chart!) but has recently broken through it and is now coming back up. We look to short it when it comes back into the 0.7155s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. We are also...

TheSupportResistanceTrader Nov 2, 2015

The EURUSD has multiple times bounced from the purple box but has recently broken through it and is now coming back up. We look to short it when it comes back into the 1.108s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this...

TheSupportResistanceTrader Oct 31, 2015

The GBPCHF has multiple times bounced from the grey box but is now ready for a second retest. We look to long it when it comes back down into the 1.509s again as we then get what i call the "broken fang" setup meaning that price prints higher highs but equal lows. We can also see that we have confluence at this area as there are 2 fibonacci levels coming together...

TheSupportResistanceTrader Oct 30, 2015

The GBPUSD has multiple times bounced from the purple boxes but is now ready for a second retest. We look to short it when it comes back into the 1.537s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. We can also see that we are currently retesting the blue trendline which hopefully holds and help us...

TheSupportResistanceTrader Updated  Oct 30, 2015

The CHFJPY has 3 times bounced from the purple box but has now finally broken through it. We look to short it when it retests this level again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this one as price should come back down to at...

TheSupportResistanceTrader Oct 29, 2015

The EURCAD has multiple times hit the important level of 1.463 (purple box) but has now finally broken through it. We look to short it when it retests this level as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this one as price should...

TheSupportResistanceTrader Oct 14, 2015

This is a crowded chart, i know. But this opportunity is just so stuffed with goodies! - We have an extremely strong resistance level (black line with blue boxes) - Bearish trendline (black) - Oversold RSI (14) with divergence (red line) - Pinbar - AB=CD pattern (blue lines) - Fibonacci cluster (.5 and 1.32) - Pinbar-ish candle This looks really good as the...