Potential Bat Pattern Formation on EURCAD Place Sell Limit Orders @ 1.42546 Take-Profit Targets at .382 and .618 retracements of A:D Leg. Stop Loss @ 1.40945 (1.131 Extension of A:X Leg)
Greetings traders! AUDNZD has reached an important level. The 4H shows a nice expanding triangle that may add support near a potential point E. On the daily chart, there is strong support from a parallel channel. In addition to this, we have two precisely confluent fib levels (1.272AB=CD and 1.5AB extension). Since I'm seeing some pin rejection at the base...
Hey Traders! It's been awhile since I've shared an idea, I've been working on automating my trading strategy! AUDUSD is approaching a critical level presenting us with an opportunity to enter a 2-3 week short with a nice R/R. The pattern that caught my eye is the bearish 5-0 which I've had success with in the past for 4H-1D charts. In addition to this, we have...
Bought a call option at the bottom on wave 2. Buying options for this trade to expire at the end of the week because this isn't a fast moving pair, none the less I think this is to rise up to 82.00 ish
Looking at a Bearish Gartley pattern on the EURCAD. Right now I'm also counting a completion of 5 levels on the 4H chart and bearish divergence on the RSI. I'm looking to execute a short play on this pair SUN-MON.
NZD/USD is now trading in the middle of the .68400-.70500 range. Look to shor t around the .70400-.70500 area and take profit down range support around .68400-.68500 . Stop loss 50 pips away from entry price .
Price is currently in a 4HR supply zone. Potential selling opportunity. Sell order set if price departs south from the zone
JUNE PROMO: www.StarProsper.com PAIR: GBP/JPY TIME-FRAME: 4HR TRADE: BUYING OPPORTUNITY In the Live Room with our Star Community, we decided to post one of our Trading ideas for everyone to follow along with. Have a great weekend Traders! NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star...
GBPAUD well, there is not much to say, in 15m just broke a nice resistance, it seems that will make a nice shoulder-head-shoulder, also seems like the 1h and 15m 5th elliot wave, and the end of a 4th wave on 4h. It coudn't suppas the fibbo resistance. And well, in the lv2 there are like the HELL of a lot of selling positions right above that is scaring the price...
If that next order block doesn't hold The Dollar looks likes it could be pushing for another leg up, reaching for liquidity just above 96.40 if it gets there. Could be looking at some divergence on the way up. Waiting for the Sell signal. Also, if you notice the times of all the arrows, do not think that is just coincidence do you? Institutional Order programs...
USDJPY should go lower depending on the structure and price action.It made a triple top with divergence and now im looking to get short after that trendline breaks since in this phase its correcting from that last impulse wave.The next support area is at 105.60 area but this might go lower until 102-ish area.Trade with care.
EURUSD has now broken through resistance at 1.143. Momentum looks strong enough to keep pushing higher, possibly to 1.1700 but I have a feeling that some traders may take profits before then so I'm going to set a TP1 at 1.1600. SL is tucked below the pin bar, 8EMA and previous support level at 1.1430. I've used the 4hr chart for entry....
Although we do see a strong move to the upside. You should be careful on longing this pair because a strong move to the downside is near. Only if you know what you are doing should you be longing this pair. Make sure to click on my related idea to see the massive short I am talking about . Thanks.
COUNTER TREND OPPORTUNITY PAIR: AUD/USD TIME-FRAME: 4HR TRADE: COUNTER TREND TRADE Hope everyone is having a good April for trading, we've have been doing extremely well in the live room with a lot of pattern wins on Gold and a lot of great setups thus far. IF = Price action reaches our PRZ THEN = Look for Bearish confirmation NOTE: These are...
its obvious what im looking for. lets see will it break to upside and trigger buy stop or it will continiue correction