Pelankit

Pelankit

After being heavily bearish on uCAD, the time frame market structure indicates bullish momentum, check DXY for indications of strength towards USD. Wyckoff accumulation on a H4 STRUCTURAL point. HIGH potential trade. Look for buys on 5 min order block / mitigation.

Pelankit

Based on higher time frame market structure, Wyckoff distribution in a point of interest, clear momentum to the downside. Monitor order block for entries and possible higher entry given in the trade idea. Mitigation on higher entry.

Pelankit

based on market structure, GJ has become bearish, giving potential to the downside, based on technicals and smart money concepts. Two entries have been given. Second entry has a higher stop, giving space to the trade.

Pelankit

Based on a higher time frame, EURGBP is starting to show signs of bearish trend. Wyckoff forming distribution which has not formed a UTAD yet. Therefore, based on a 1 min entry, trade is available for a hedge.

Pelankit

Based on a 1 min chart, wyckoff accumulation, trade long EURCAD. Stop loss is 8 pips.

Pelankit

Trade was not published before hand but was taken with a 5 pip SL, achieving a 1:22 RRR. Best trade I’ve marked with a min risk and with a high risk reward ratio.

Pelankit

Wyckoff accumulation, swing trade. EAT.

Pelankit

Based on 4hr and daily chart, support has been given, where price is held up and has failed to break previous lows (wicks).Accumulation has been identified in all previous lows and the entry given is where price can recover and push up further. From an economic perspective, a lot of instability in Europe has been produced due to coronavirus. Japan has gone through...

Pelankit

Based on market crash a few weeks ago, USD from a personal perspective is looking bullish as it is trying to pick up with Trump pumping 2 trillion USD to prevent a market collapse. Eurusd looking bullish. Look for entries in the blue zone.

Pelankit

As japan is facing a recession, price of cadjpy has been decreasing for quite some time. Based on a 61% FIB and an oversold market, im looking to buy Cadjpy at the price given. Feel free to drop opinions and loom for entries at 75.

Pelankit

Based on wyckoff accumulation presented in price and new features launched by Netflix, it sees a good opportunity to invest in netlifx stocks. Also based on global conditions, including lockdowns, at the moment netlix has increased their stocks by 17%. Look for price action as given in the analysis and enter at own risk. Let's see what happens in the next few weeks.

Pelankit

Gbpusd on a strong support level, where it is showing an oversold market at the moment. Using Rsi strategy, price hitting 20 band, allowing us to enter the buy. Analysis based purely on support, resistance and RSI.

Pelankit

Analysing the weekly chart on Eurchf, it has been in a bearish trend since April 2018. With uncertainty regarding brexit, euro has been declining for a long amount of period, where we can see that it has reached a peak, an oversold market. In the next few weeks, Euro is expected to gain strength through monetary policies and manufacturing Pmi. Another POV, on the...

Pelankit

After a long movement upwards with GBP pairs, possible head and shoulders forming on daily chart, weakening GBP due to uncertainty with brexit. Look for entries on previous left shoulder.

Pelankit

waiting for retest and price action

Pelankit Updated 

Once again USDJPY has given us a new opportunity for a trade, where i'm looking for BUYS. As you can see on the daily chart - Head&Shoulder pattern has forme but Before entering this trade, i've marked an entry on the support line, where the market might retest before it shoots up. So look for entries in that zone, with a target of 195 Pips in total. Swing trade

Pelankit Updated 

Daily time frame giving us confirmation by using a wyckoff strategy, price currently is at the accumulation stage where it could possibly come down to the zone 1.83496, retest and make the full movement for the buy. Look for entries in the zone given. 1.83946 is a strong support zone since 18 oct 2018, where the price has respected that area and could possibly go long.

Pelankit Updated 

After a big drop on CADCHF, there is a possible formation of a head&shoulder chart pattern, which allows to look for entries in the blue zone as marked. You can wait for the movement to complete and enter this trade manually, You can enter this trade on the neckline and place your stop loss on the previous shoulder or you can Place a sell limit in the area marked...