All information in the video
So the lines you see on there are structure lines from different timeframes. M-Monthly W- Weekly and so on. You get the drift. Now why do I think its a long? After an M shape, you expect the market to test the neckline and continue lower. We did test the neckline but we were not able to break lower. Proof is the red arrow pointing the the last red candle on...
All information provided in the video. Thank you
All information on chart. Let me know if you agree with a thumbs up. Comments welcome. Both positive and negative Thank you and good luck.
It might be difficult to see but we have an inverted head and shoulders on the daily level. If you can see it, just notice that we broke the daily resistance which has now become support. Price must go back there and test the support to continue the move to the upside. Im thinking today might just be consolidation around that area and rockets tomorrow. Goodluck...
Divergence on 4h and currently under the daily resistance Thankyou and good luck
Possible head and shoulders on audjpy. Lets see if this plays out. Thank you and good luck
This is a simple break of structure and retest. The red arrow is pointing to the last daily structure level. If you go to the daily chart, you will not see that candle. Only visible on 8hr and 16hr timeframe Technically, Stop loss must be below that candle, but I am not going to risk almost 50pips on a trade. Not my thing because that can be a good TP on a...
This is just a simple divergence. Wait for false break and enter. It will look like an inverted head and shoulders on 4hr. Don't confuse yourself with a textbook bear flag. I have a pending order at 1.798 and a stop at 1.795 If you like this idea, please give this a thumbs up. If not let me know what you think. Thank you and good luck.
So on the left we have the daily and on the right we have the 4hr. Now the reason I cannot be looking for shorts at this point is because the daily will close engulfed which means we could be potentially starting a new trend to the upside. So how do we take the trade. Option 1: If the market continues up without pulling back, then we will get an inverted head and...
This looks very similar to the EURJPY trade i posted. I will share a link in the comments. So we have divergence on H4. What you want to do is wait for the false break on the h4 and then as soon as you see a 4hr candle close above the false break line, go long. If i don't see a false break, i wont be taking the trade Thank you and all the best.
So we have a false break which has set up an inverted head & shoulders on higher time-frames That means that the direction for EurCad has now changed from a bearish state to a bullish state on the 4 hour. Best place to go long will be to wait for the market to come back to your shoulder level to give you a better risk to reward. If you agree with this, please...
I already posted this earlier. Thank you
We had a double bottom with 4hr engulfing confirmation. If the market pulls back down to the structure, we can go long with a very good risk to reward. If you like this idea, please give this a thumbs up and if not please comment and let me know your thoughts. Thank you and good luck
So we have a possible inverted head and shoulders on the 8hr and 4hr which is a reversal pattern. We do have divergence on 4h as well with confirmation. Risk reward is at lease 1:3 If you agree, give this chart a thumbs up and if not let me hear your thoughts so I can learn from you. Thank you and good luck
I am expecting a double bottom or a retest of daily structure. TP on chart. IF you agree with the post please give a thumbs up. Feel free to comment on your ideas. Thank you and good luck
Okay so I have been monitoring the indices for some days now and I don't know why I was not trading them. Maybe because it was too expensive The price action on most of them are so much easier than the currencies and the direction on most of them are very similar. So how do we take advantage of this trade? First the short. On the right hand side is the 4hr ...
Possible Inverted Head and Shoulders. Thank you and good luck. All information on chart