Strong bearish momentum can be seen here as we are looking for a retracement or a pullback onto the support turned resistance level. Look for price action confirmation before taking a SELL position with your target profit at 1.07406
Prices made a bullish rally and now came back for a retest onto a support area. We are waiting for rejections and confirmation on this zone before taking a LONG position towards the previous high.
Prices found support @0.63200 area and made a bullish rally towards the upside, breaking a neckline structure. We are waiting for a pullback onto the broken structure for a LONG position towards the resistance level. Stop loss below the support area where if this level gets broken, we should be looking for SELLING opportunities instead.
Double bottom formation onto a support area, made a bullish impulse move towards the upside, breaking the double bottom neckline. With this setup, we are able to look for a LONG position if we get a pullback onto previous structure. Plan your trade and trade your plan. Do not rush to catch the bullish move because more often than not, prices will pullback for a...
Prices got rejected from the trendline and recently broke a minor resistance level. We will be waiting for the H4 candle close and decide again whether or not to take a trade if we get a pullback. Nevertheless, potential H4 buy limit order if we get a strong H4 candle close.
We have an impulse leg over here with strong bullish push phase and now, waiting for prices to retrace onto our previous structure before taking a BUY position, with target profit at previous high. Look for bullish continuation patterns like the flag or wedge.
Earlier this week, we found ourselves holding onto a trade that went into consolidation for quite some time. With a strong break out over here, we can look to re-enter GBPCAD, with stop loss below the 1.73000 level for a continuation move towards the next resistance level. For our 2nd entry, prices may have found support @1.76300 level, looking for another push...
Bearish momentum can be seen with this impulse move downside. As prices are pulling back, giving us an opportunity to take a SELL entry at a resistance area. Look for rejections or bearish price action at the resistance level before taking the trade.
Strong push phase in the market, where prices starts to be in line with the overall bullish trend . Although we have an immediate bearish move, prices failed to break our support area and made a bullish rally.
AUDJPY H1 - LONG Prices made a huge push phase due to the rally from JPY pairs and now moving sideways. We can expect a consolidation over here and be looking to catch a retest onto the previous structure for a LONG position towards the next resistance area. We'll place a BUY LIMIT ORDER at the neckline structure.
WHILE ONTHE HIGHER TIME FRAMES THERE IS GREAT BEARISH MOMENTUM THERE IS STILL A POSSIBILITY OF A HUGE RETRACEMENT WE CAN PROFIT OFF OF BEFORE GOING LOWER. I WILL ENTER OF THE IMBALANCE BELOW WITH A LIMIT ORDER IF MARKETS MOVE WITHOUT FILLING THE IMB I 'WILL THEN MARKET EXECUTE THIS TRADE TO END THE WEEK #PROPHETICPIPS
Here is a great opportunity to go short on Wayfair (W). If you are able to go short closer to $90 we think that would be the best time to build your short position. At Three Percent Trades we have a price target of $65.00 / share, which is a potential upside of 22.3% from the current level. We use a combination of fundamentals & technical analysis to trade high...
Here is a great opportunity to pick up EHTH . At Three Percent Trades we have a price target of $90.00 / share, which is a potential upside of 37.6%. We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
Here is a great opportunity to pick up GE . At Three Percent Trades we have a price target of $13.00 / share, which is a potential upside of 42.2%. We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
price formed a bearish flag with price forming a double top at the structure resistance