SanktuaryMAM

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About me Founder of Sanktuary - Investment Services Provider Founder of Piponacci - Educational Courses For Traders
Joined United Kingdom SanktuaryMam
Markets Allocation
60 % forex 40 % other
Top Mentioned Symbols
EURUSD 40% | 2 UKOIL 40% | 2 EURNZD 20% | 1
SanktuaryMAM SanktuaryMAM UKOIL, 240, Short ,
28 0 0
UKOIL, 240 Short
Brent Breakout Retest

Brent crude looking like it is about to retest based upon the breakout we saw earlier in the week. I will be looking at the price action around the $47 handle to see whether we have tall wicks and other signs that prices are unlikely to hold above this level. Target will be $41.50.

SanktuaryMAM SanktuaryMAM EURNZD, 240, Short ,
12 0 0
EURNZD, 240 Short
EURNZD (4H) - Triple Reasoning...

I am liking the look of this potential setup on the EURNZD. We have a downward sloping resistance line, upward sloping support and horizontal resistance (role reversal) all coinciding with the same point (approximately). It is likely that we might see some volatility around this point with a lot of contradictory views over the importance of these lines - however, ...

SanktuaryMAM SanktuaryMAM EURUSD, D, Long ,
45 0 4
EURUSD, D Long
EURUSD - Daily

EURUSD is in an upward channel. We will be looking for long position entries should prices move towards support - timing wise, we will be looking around the green highlighted area. Hoping it does not look like a 'picture in the clouds' sort of idea with the short-term H&S reversal or looking longer-term, a H&S continuation pattern. I have witnessed stranger ...

36 0 2
UKOIL, D
Brent Crude Oil - Daily (Neutral)

Triangle pattern in Brent. Will be looking to trade a breakout by entering on a retest of support or resistance (role reversal), depending upon the direction of the move. Not much else to say here really - just a visual aid by which to look at price action in the coming few weeks.

SanktuaryMAM SanktuaryMAM EURUSD, 240, Short ,
34 0 2
EURUSD, 240 Short
EURUSD Bearish Breakout Opportunity - 4H Chart

Market is targeting recent low at ~1.113 level. Previous test as seen from the chart led to a surge to the upside in only one candle, but could not hold these higher price points with the market pushing back down lower to this support level. Another significant test is the dragonfly candle seen thereafter. We will be looking to see the market break down below this ...

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