Theintuitontrader

Theintuitontrader

Potential Short on this pair- Keeping it basic here and going with a breakout (clear breakout, nothing corrective) and a retracement to this previous support. The confluences I'm looking for to take this trade are this to retrace to a fibonacci level, the fibonacci level to correspond with a level of previous structure and a bearish candle close on the 2HR or 4HR.

Theintuitontrader

Hey Traders! NEW week, NEW opportunities! This setup is one of my favourite for this week. We can see the Daily Trendline has just been broken and a descending trendline has just begun to form. I am looking for the following confluences before I will enter: 1) a touch on the previous level of structure highlighted in pink, 2) a retest off of both trendlines, 3) a...

Theintuitontrader

I am looking for either a break of the DAILY descending trendline and retest on the ascending 4HR trendline. With both of these potential set ups I will looking for either that bullish or bearish cande close once they react off of an area of strucutre. I will be looking to have a confluence of having a reaction off of fibonacci levels along with those levels...

Theintuitontrader

I know what you're thinking.... Another short potential set up. This strong level of support has just been broken and I am looking for a break and close with a retracement to the trendline and a reaction off of the area of structure and off of the trendline. FOLLOW ME FOR MORE ANALYSIS AND SET UPS!

Theintuitontrader

Another SHORT on the GBP I have. Looking to enter tomorrow with the right confluences to make the trade more in my favour. I am looking retrace up to the pevious level of support and a touch on the descending trendline. I want to see a bearish candle close when touching these levels otherwise I wont be entering. With the reaction off of the previous support and...

Theintuitontrader

Hey Traders! NEW week, NEW opportunities For the past few weeks we've seen a strong uptrend in the strength of the GBP. However, we can now start to see a weakness in the market. The daily ascending trendline has just been broken and we have begun to see a new descending trendline. What I am looking for is confluences to see this market head to the downside and to...

Theintuitontrader

Potential Long on GBPUSD. Price is approaching the daily trendline and is coming up to a previous level or support/resistance. The level I've highlighted in pink lines up with fibonnaci levels. I'm looking for a break and retest of the descending trendline to take this long. Fundamentally the pound is trying to recover and USD is still unsteady. However, if price...

Theintuitontrader

As you range traders have been utilising this range buying and selling, I've been waiting for a break and retest of this range for ages. I feel like the momentum to the downside is slowing down. I'm looking for that clear break and close then following a retest, I'll be looking for a long position. The confluences I'll be looking for to make this trade more...

Theintuitontrader

EURUSD Short- Pattern is clear on the 4HR and on the right shoulder of the 4HR it has developed into a 1HR H&S pattern. However EURO is looking bullish long term fundamentally and the USD is looking un-steady. If price breaks the neckline and closes and retraces up for a pullback I'll be looking for a strong show of more movement to the downside. If prices breaks...