Sensei

Sensei Updated 

AU at an important trend line on the daily. I'm expecting a bounce higher here but a break lower could produce an awesome bearish move. We may get a slight rest here or period of low volatility, and then a break lower, in which case should produce some excellent sell setups on lower time frames. Will be watching closely. Happy trading

Sensei Updated 

Downward channeling here. Currently at the upper boundary. Based on what USD is doing, im expecting one more leg down here for this pair. then followed by a bullish breakout. Keep an eye on it. I could certainly be wrong, but if things unfold in the order i just laid out, this could be a nice winner. Lets see. Enjoy!

Sensei

Got a pretty long and drawn out up trend here that recently failed the trend line. I love this one in particular because it started this triangular consolidation right after it broke through the trend line with good downward momentum. A slight rest here with this triangle taking shape should give way to a nice bearish move. Sell the breakout. Enjoy!

Sensei

Upper boundary of the channel has been hit and price immediately rejected it. Not a bad idea to take a short position here with a stop loss just above the price action at the top of the channel. Risk/reward for such a trade is excellent. Lets see how it unfolds. Happy trading

Sensei

Nice, tight channel here on the 60. Just the way i likie em. Im expecting a breakout higher towards the upper boundary of the even larger channel in the play her. Possibly even a breakout from there as well, higher. Lets see how it unfolds. Enjoy

Sensei

pretty self explanatory here. This exact pattern happened just recently on this chart and worked beautifully, as i've illustrated if u zoom out or scroll back. should be fun! Enjoy

Sensei

Just entered bearish from the breakout of the upward channel. AUD pairs have been selling off for a while now and by the looks of this they will continue to do so.

Sensei

CAD seems to have had some positive economical data, which just triggered this breakout to the downside. Waiting on a minor pullback to enter this buit should sell into .97911 or lower. Enjoy

Sensei

Think this breakdown starts to take place now. Should be a good one. Enjoy

Sensei

Trading structures has taken my trading and my account to another level. High probability setups only that get very directional when breakouts occur. This is yet another example of a simple triangle pattern that I anticipate to break lower in a directional manner. Waiting to the breakout to enter. no breakout, no trade. Enjoy

Sensei

looking for a small consolidation plus a breakout to the upside here. lets see how it unholds. Enjoy

Sensei

Trading can be so complex and intricate sometimes. I try to keep it as simple as possible. Impulse, correction, impulse. Identify the corrections and trade the trend continuations. Pair that with a little technical analysis and viola! A corrective channel structure has taken shape here. Anticipating the bearish breakout to continue the trend. I take the trade only...

Sensei Updated 

This may be the continuation of the down move that we've all been waiting patiently for. Structure looks good. looking for the consolidation to end now and an sharp move down to begin.

Sensei

Looks like a large triangle has been taking shape here. My theory is the E wave down is now about to take shape. A rising channel took shape for wave D, setting up this short nicely. Then I will be looking for a bullish breakout from the larger structure. Happy trading

Sensei

pretty self explanatory here. Euro based pairs have been having a tough time recently. This setup looks ripe for entry immediately. Expecting a nice impulsive move down to support at around 1.077

Sensei Updated 

As i've illustrated on the chart, this pattern has occurred previously after an impulse move and resulted in strong selling. Anticipating a similar move here. Let's see. Happy trading

Sensei Updated 

AUDNZD looks to be in a downward wedging pattern, at the completion of which i will be looking for a bullish breakout, however, in the mean time, a bearish 1-2-3-4-5 sequence looks to be taking shape. Wave 4 has set up nicely here in the form of an elliot wave triangle meeting all the rule requirements. This is an opportune time to open a short position here at...

Sensei

Looks primed to break out from the channel in a bearish manner. Will open a bearish position on confirmation. Looking for a strong impulsive move down. .9000 looks good for a target 1. We'll see where it goes from there