Roker1

Roker1 Updated 

Hey guys, this analysis may come too late but i want to share it anyway for i think it could be educational. On this pair price has recently created lower low, both on the 4HR chart and in the daily. Being the case, i'm expecting a bearish continuation. After a big impulse leg as in this chart we usually see brief form of consolidation like flags and...

Roker1 Updated 

Hi guys, i want to share an interesting opportunity that i spotted on EURCAD. In this par on the 4 chart price is consolidating right at a previous daily support level. As such, i seek for trading opportunities down on the hourly chart. Here we can see two different opportunities, both long. The first is a Bat pattern, the second is a 2618 trade. Both the entry...

Roker1

Hey guys, i want to bring you an advanced pattern i've noticed this evening. In this pair we are approaching a structure level that may hold and push the market higher. The bat's completion is right in the box i've outlined on the daily chart. That's why i think this may be a good idea. Entry: 86,26 Stop: 85, 62s Target1: 87,17s Target2: 87,74s Feel free to share...

Roker1 Updated 

Hey guys, today i want to bring you a nice opportunity on AUDCAD. In the daily chart we are back at previous structure and price is struggling with breaking it. We have already put a long wick to the top and so we want to get short on this pair. On the 4HR you can see we have RSI divergence and we've put a large engulfing candle that could be the first sign of a...

Roker1 Updated 

Hey guys, on EURUSD we are fronting a structure level on the 4HR chart. On the daily we sitting between previoous resistance and support and so i think it could be a nice spot to get short. As a conservative trader i want to see price confirmation: last week price created a nice double top with RSI divergence but i didn't short there cause the engulfing candle had...

Roker1 Updated 

Hey traders, today i want to point out to you a potential Gartley pattern setting up. In NZDJPY we are approaching the lower low created on December 23rd. So this could be a nice zone where price could bounce off of. Stops below X, target at .382 and .618 of AD leg. If you want to share your view, feel free to comment below. Otherwise, see you in the next chart!

Roker1 Updated 

Hey traders, i've kept an eye on this pair for a few days now. The AB=CD pattern is now complete and we are sitting right at the structure level i waited for (black line). We also have a Cypher already completed, a psychological number and RSI divergence. This level happens to be 38.2 of the daily's impulse leg. I only need a candlestick formation in order to...

Roker1 Updated 

Hey guys, on EURGBP we are testing a daily structure level that could turn out to be the right shoulder of a bigger head&shoulder (on the daily). So we know we want to look for shorting opportunities. In the 4HR chart we can see price's created a double top with a nice RSI divergence. The confirmation sell signal comes from the engulfing candle just formed. In...

Roker1

Hey guys, very simple: we had a very long rally on AUDUSD, RSI is deeply overbought. Price is testing previous daily structure that seems to hold. If the current candle will close below the previous opening, this is a sell. Unfortunately i'm already involved in two AUD trades, so i can't take this one. Hope someone can exploit this situation. No brainer trade,...

Roker1

Hey guys, i want to shar with you some analysis on USDJPY. Here we have a Gartley already completed and a AB=CD pattern right at the same level. Besides, we also are in an OVERSOLD condition and we can see some structure to the left. I've outlined a small box where i'm looking for long entries in form of double bottom or engulfing kickers. However, if you're a...

Roker1 Updated 

Hey traders, i've been watching this pair for a shorting opportunity for a long time. After banking some pips in a double top opportunuity we saw the market continuing to rally. While price's heading up, power is becoming lesser and lesser, as we can see on the RSI. That tells us that maybe a reverse is ahead. As soon as price touched the .618 level it's put an...

Roker1 Updated 

Hey traders, after banking some pips during the night (see the trade attached) i want to share with you another pattern; this time it is a Bat pattern (that usually gives us a better risk to reward ratio) and it's right at a structure level that may turn into resistance for a bounce off of it. Stops above X, targets as in the chart. If you have any doubt, don't...

Roker1 Updated 

Hey traders, another analysis i really enjoyed today. This is one of my favorite style, for youhave to support your view by adding more and more clues (of value) to your side. Here on AUDNZD we are at a bigger Gartley completion, and we can see a nice AB=CD pattern and a Fibonacci cluster all right there. In addition to that, we also are in an OVERBOUGHT condition...

Roker1

Hey traders, i want to bring you another pattern formation that could be interesting over the night. Stops above X, targets as in the chart. Let me know if you have any doubt. Otherwise, see you in the next chart.

Roker1 Updated 

Hey traders, another week of trading is starting and i want to share with you one of my analysis. Here on USDJPY on the daily timeframe we can see we couldn't get through the 118,50 level. Price tested it once, twice and then broke structure to the downside, giving us reason to believe it may head lower in the ensuing days. You can see there's also RSI...

Roker1 Updated 

Hey traders, if you missed the chance to short AUDUSD friday (as i suggested) you can try another time in the near future. As you can see price almost completed a Bat formation, right at that level we knwo we want to get short. Our view is confirmed also by the break of the double top to the downside that created new structure low and thus indicating a bearish...

Roker1 Updated 

Hey guys, on AUDUSD we are retesting the daily structure level that was a former support. Now that's been broken as you can see on the left hand side it could turn into resistance and provide a possible turning point for the bearish continuation. When price approached zones like this i use the 1hr or 4hr chart in order to find some good opportunities to short the...

Roker1 Updated 

Hey guys, after being stopped out on the USDCAD trade we're back on track. This NZDJPY trade is similar to the previous. I want to pass down to you the philosophy of being on the majority side. The more clues (that matters in the market) you have, the more likelihood the trade will have. As explained above, here we have a deep Gartley formation that is already...