Due to the strength of the signal, I decided to trade this one through the closest support and onto the next one down. Pull back happened and order filled. Now, it's either a 1X loss or a 2X win. Simple.
Hi guys,
as you can imagine from the title, i'm looking to buy this market as the market opens. But only if price will not gap more than 15 pips, in that case i won't place my order as displayed. If you want to know the reasons of this trade, you can click on the link below and see my latest videoanalysis (that just came out) about what pairs i'll be looking at...
Hi guys,
as you can see on the left hand side of your screen we're up to a previous level of structure. And in doing so, price has formed a nice pinbar showing buying pressure. When i look at the 4 hr chart then, an engulfing pattern appears following a pinbar, and that gives me reasons to believe we could see a reversal at this point. With a little retracement,...
Hi guys,
this time you see a weekly chart side by side with a 4hr chart. I don't usually use the weekly chart but in this case i want to emphasize why am i looking to buy this up: the higher high higher close beyond previous structure is a very strong sign of the strength of the pound right now against the dollar. Therefore, as soon as i get the opportunity, i...
there is D1 Pin bar , i play these by waiting for an initial move then reenter on a retest of the BE of the pinbar- yellow line indicate the bottom of the pin bar so will short form there but on H1 want price action to confirm at 50% fib on H1
D1 has a pinabr and I'm shorting it after the initial move down. looking of a retest of the Break even point of the pinbar, Will need to see price action to enter
Hey guys,
here on EURNZD i'm ready to go short. Do you want to know why? Here's explained: first of all, i've outlined a key structure on the daily chart (yellow box), then i lowered my timeframe to 4hr chart and there i saw different clues pointing on the same reversal direction. We've a Gartley pattern completed and still valid, we've an AB=CD pattern just...
Hi guys,
on EURNZD we're testing a key daily structure area (yellow box-black line) that also coincides with a psychological number (1,54). This is important for me because it tells me we could see a reversal down on a lower timeframe such as the 4H (the chart that you see): in this case, if you zoom in you can see why am i interested in this. There's a long pin...
Hi guys,
lately CAD pairs have been very weak, on this particular pair we can see price is testing a key support area that was relevant on the daily timeframe (left-hand side). This means it could still be effective for price's movements and we can then search for long opportunities down on lower timeframes, such as 4hr. In addition to that you can see the RSI is...
Hey guys,
this is the 4hr chart on NZDCAD but my analysis, as usual, starts from higher timeframes: on the daily price has just touched a key level of structure (yellow box) along with the D point of an AB=CD pattern. As we go on lower timeframes such as 4hr you can see price has formed a pinbar followed by an engulfing red candle in overbought condition. Then at...
Hey guys,
just want to share with you this interesting area that's being tested on CADCHF. It's a daily level of structure that acted as support in the recent past and now it seems that price are being pushed by this level. This is why i want to get involved long with this. There's also a RSI divergence showing in the daily and 4h chart, in addition to a pinbar...
Hey guys,
here on EURUSD price is testing an important daily structure that could push it higher before continuing in the downward direction. This is a counter trend trade so be aware of it. Nonetheless, i can see some buying pressure at this level, thanks to the pinbar followed by a big engulfing. The pinbar represents the pressure that arises at the touch of a...
Hey guys,
we were waiting for a nice selling signal on this pair, and maybe this is happening. Price has reached another key level of daily structure and the RSI is in divergence on the daily as well as overbought on this timeframe. Moreover you can see price action has given the first signal of rejection with a pinbar (long wick to the top) that could be...
Hi guys,
this is one of the simplest method to read structure, in a downtrend, when a support is broken, it most likely will become resistance once retested. Stops above highs, target1 81,2x level. Target2 to be determined.
Don't know if i'm getting involved since i have two other CAD pairs on my watchlist.
I'll let you know.
If you want to share your view, or...
Hi guys,
on USDCAD price has reached a key resistance area, therefore i were looking for a potential selling opportunity at this level. In the 4hr chart you can see we have huge divergence, along with a psychological number that could also provide some resistance.
But most importantly, price has formed a reversal pattern being the sequence of those 3 candles at...
