This short sell limit has been triggered and now i expect further momentum to the downside region 1.7250. price should consolidate around this price action. will be watching closely for the pullback. rejection of 4hr 200 ema. evening star formation reason for entry. many more confluences, im only giving a few though.
Hey guys, Same idea as EURCAD and EURUSD. Waiting for a break of both support lines to enter the trade until next fib level. Cheers Jesse
BITCOIN Review ------------------- RSI has moved over 50 and broken out the descending trendline (Pink Color) towards upside. RSI is showing momentum is up. Also we see price can not close bellow the neckline. There a bullish hammer is formed. It's a clear bullish signal. Recently we saw price had fallen down sharply after showing a regular bearish divergence....
What's up traders, I hope you have all had wonderful new years celebrations. Here we have BTC/USD on the 1H chart. BTC/USD appears to be ready for an up move. Bitcoin has been trading sideways for a while. Recently there has been signs of a reversal at the horizontal support zone at around 12480. There is 2 side-wards resistance levels that are currently in...
CADJPY Review ------------------- Pattern : Inverse Head & Shoulder and Flag Pattern. Possible Target : 100 Invalidation : If price comes below the neckline Trading Tips : "When I trade, I don’t just use a price stop, I also use a time stop. If I think a market should break, and it doesn’t, I will often get out even if I’m not losing any money" - Paul Tudor...
The pair is currently still correcting and we could get one more strong move to the upside. Bear in mind though that in the bigger picture (Monthly chart - which i will post as an update) we are still within a Zig-Zag correction (wave 4 to be exact) therefore I would be very cautious and lock in profits as soon as possible. Note how leg C looks like it's...
On the 19th of October I posted a chart on this pair, calling a potential +1000 pip target. Since then the pair has moved 800 pips towards the primary target. What the pair is showing now is a sign that we could be getting one last push up and reach the final target. Triangle corrections tend to precede the final actionary wave and this is exactly what we're...
Hey guys, I am looking to short the pair if it breaks the support line and the fib line. Target is shown in my chart. Cheers Jesse
Another conditional order Cheers Jesse
Same idea as EURUSD. Cheers Jesse
Hey guys, I wanna buy the pair IF It breaks the trend line for a couple of pips. Cheers Jesse
Hey guys, Another conditional order. Cheers Jesse
Hello everyone! EURGBP looks like is setting for another wave up, we will be looking to add more when price break out of the reversal pattern.
Hey guys, The pair is currently trading in a range and we can also see a nice rejection level. I am looking to short the pair AS SOON AS the rectangle is broken to the downside (Conditional order). The target is the next fib level. This idea will be invalidated if it breaks the rectangle to the upside. Cheers Jesse
Price action is bearish so I am looking for short opportunities. I saw previous structure so way waiting for price action to pull back there; giving me a R:R of 1:2. I placed stops 10 pips above previous structure as this will tell me my idea is wrong and a potential rotation in trend if it breaks previous structure. I placed targets to the previous structure...
Whats up traders, I hope you are all having a good start to your trading week. Here we have GBP/USD on the 4H chart. Price has recently been rallying since price bounced on the structure support zone at 1.3300. Price is now approaching a side-wards resistance level at 1.3430. At this present moment, there is 2 primary outcomes I have in mind for the GBP/USD...
What's up traders, I am just quickly posting this chart for you all whilst it is on my radar. Here we have GBP/TRY on the 1H chart. Price restently broke a long term side-wards support level, and retested it as a new sideways resistance. Once price confirmed the line as resistance, broke also broke a flag channel support simultaneously, leading to a breakdown...
USDTRY Gartley and Butterfly harmonic patterns are both at the same point.