Hello and welcome to an insightful journey into the world of trading chart patterns, where we'll explore how to analyze and leverage patterns like a professional trader. Whether you're new to trading or looking to refine your skills, understanding chart patterns can provide valuable insights into market trends and potential opportunities. The Power of Chart...
EUR/CAD Long • If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
I think that SP500 wont go much lower than where it is right now (Yellow mark), A consolidation for a month or two is more likely before testing ATH. In worst case scenario we could go down to the purple marked area, that is also where the 50% level sits from ATH to the bottom of 2022. A Break below that level would be devastating for the markets which would mean...
GBP/AUD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
GBP/USD Long • If price breaks below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If price impulses up, it does so in a convincing manner and a tight flag...
GBP/AUD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
With the recent surge in cocoa prices, we’ve observed the completion of the white wave d as forecasted in our primary scenario. Given this development, our projections suggest an impending decline characterized by a magenta five-part wave, targeting $2900. Nonetheless, it's essential to consider a 40% probability that the price might reach a slightly higher peak...
GBP/AUD Short • If price pushes up to and ideally just above our area of value and it doesn't do so impulsively, then I'll be looking to get short with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or just below a one hour rejection from it. • If my entry requirements are not met then I will simply wait until...
Over the course of the past two weeks, the GBPUSD currency pair experienced a pronounced decline, breaching the pivotal monthly support at 1.2448. Notably, there was a subsequent rally to retest this critical level during the Friday session of the preceding week, following the initial breach observed on Thursday. In the upcoming trading week, our strategic outlook...
The asset in question is currently adhering to a prevailing downtrend, exhibiting a prolonged phase of consolidation. Notably, it has recently dipped below the support level observed in the previous two weeks, located at the 184 area. In the upcoming sessions, our strategy revolves around the potential for a price rebound, targeting the 180.4 threshold as a...
Following the interest rate decision, we observed a pronounced sell-off within the market. This resulted in a decline to the significant monthly support level at 1.0635. In the forthcoming period, our outlook is anchored on the potential for a price resurgence towards the 1.0686 vicinity. The critical juncture will be the price's behavior at this level; if it...
The EURYEN demonstrated commendable adherence to our established trading range throughout the previous week. In the upcoming week, our primary focus will be on the potential for an upward rally, as denoted by the directional arrow, where a formidable resistance level resides. In the event that the price maintains its position below this resistance threshold, we...
EUR/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
ONLY FOR PRO FOREX TRADERS =2 scenario can happen when you see buy pinbar on 1h/4h/daily don't fear pick buy with SL in pinbar low,ok advice=90% looking buy for next 6 month , when eurusd start go up, don't pick sell(very dangerous) when your buy goes to profit,don't close it soon, wait minimum 1.1000(filo 61) wish you big profits
It is crucial to have a good grasp of how to interpret the market before making any trades. Although the current pound dollar movement leans towards bearish, the weekly chart indicates a positive trend. To capitalize on this, trend traders should sell, while counter-trend traders can take advantage of a shorting opportunity at 1.2317. The buy zone lies...
USD/CAD Long • If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...
Hello guys my idea on USDJPY. Expecting both buy and sell from both levels good trade .. Trade safe. Tell me what you think about it.
EUR/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will...