Looking for further progression before we look to enter, but in HVA and could produce an entry today. If any entries are taken I will publish any setup. have a good day guys! - Also broke down a trade taken on CAD/JPY which I did not share due to it being a more low-end valid set up than high probability, but either or the breakdown is helpful to understand the...
Entered the position this morning, what do you think?
Position entered, what do you think? like if you agree.
Great patterns forming and am happy with the overall structures. Have taken a loss this morning rushing into markets slightly but added to 1% tweaks as i can clearly identify what went wrong. Enjoy the breakdown guys!
EUR/USD NZD/JPY GBP/JPY GBP/USD are on watch today, really nice formations and in high-value areas. explained all in the video!
Initial third touch on structure, wicked back down and I entered on that basis, especially on the 15m it confirmed more the move. We moved up a little more before we had the drop but in this for a risk-free position and happy with the trade.
Inverse head and shoulders, a counter-trend trade to the DT area before we look for short positions. Locked in to breakeven now so a risk-free trade.
Some great setups forming, hope you all have a good week in the markets!
Video breakdown of pairs I am currently looking at and are in high-value areas. I will be posting my entries on these pairs as well but thought I would break it down in a video for you all.
Two scenarios here. Waiting patiently for this formation to play out before an entry is made.
We are not in a short area at all yet, but we could be within the next few days at the higher areas and i am expecting a third touch.
Approaching a DT area or most probable for the third touch to take a RE for a short. HP set up and should be ready soon!
This pair was previously forecasted in an expanding formation, we have just had an extension of that form and are now looking at a descending channel with a probable set up of a reversal at the DT area or third touch.
We have many false breaks with GBP pairs, but we seem to be seeing weakness across the board now.
ideally was aiming for the white circle area for a third touch, but happy to take a RE here. Could be a bit early but happy to take the risk here.