Strong Buying zone at the completion of the equal measured move as well as the 618 retracement Buy orders have been placed with a decent 1:2.35 Risk/Reward Ratio.
Short from key level on both Daily and H4 chart. Double Top formation - possibly another entry upon break and close below neckline. Goodluck
Good Risk Reward Trade showing up here. Goodluck!
USD/CHF - Short opportunity. Entered on Retest. Expecting another retest of neckline unless FOMC is really Dovish later tonight. Goodluck!!
Long Opportunity on Cad/JPY Weekly Time frame. Potential Head & Shoulders Pattern, entry on Break & Re test of Neckline. . Hold strong and ride this one out if the Neckline is broken. Goodluck!!
Looking for Tops around 0.747ish - Couple of confluences going on here: 618 Retracement, Trendline, 200 MA. Pretty solid RR as well.
WTI looking good for a high probability trade. Look for lower time frame confirmation (Double Bottoms/Pinbars/Inverse H&S) for entry. A daily candle close above the 200MA will be great confirmation to ride this to the previous structure high of 52.73. Let me know what you think. Goodluck
Hi Guys, Back with another trade idea. Seeing some confluence for a long on the AUDUSD. ABCD Pattern Completion at 0.74386 & Potential Inverse H&S Forming. Low Risk High Reward trade potentially.
EUR/JPY - Potential Long opportunity Break of the Weekly Trend Line to the upside, potential long at the 382 Fib level for targets at the -27 extension. Enter after viewing price action as always. Trade on the Daily and Smaller time frames for perfect entry What are your own views on this pair? comment below.
Potential short on Daily chart Aud/Cad Double Top and 618 confluence
Fibonacci Retracement - Look for Short around this level. I.e. Lower low lower high on smaller time frame.
Break of the initial uptrend, look for short positions at the 618 Retracement.
Double Bottom - Almost break of the neck line. Look to enter retest of the neckline.
Looking for a break above and close above the bullish flag. Upon break Take the long position with SL @ 110.73 TP 1 - 120 TP 2 128.
Cup and Handle pattern, take the long upon close outside the bullish Flag. High reward trade. Goodluck. Plenty of Upside Potential.
EUR/USD - Short Opportunity TP 1 - Risk Reward 1:1 - 1.03861 Tp2 - Trend Line Break - 1.034
Breakout on the hourly,breakout will either continue the uptrend for a move up into existing structure. Break below would be a good short opportunity.