Daily support which previously a resistance could provide us a good chance to go long. This trade has a good RR ratio and a fair chance to ride the price even further by taking FED December hike into consideration. Please Trade with Care :)
Major resistance area which confluence with Daily Head & Shoulder neckline give us a strong area which the price would likely to bounce and continue its downward movement. Trade with care :)
There is a possibility that this price action will lead to the completion of Eve & Eve pattern. The confirmation line which converged with the edge of support area gives a confirmation of the validity of this pattern if the price broke below the confirmation zone. Please trade with care :)
Rejection candle which shows up right at resistance area and holded by upper daily trendline suggests there is a probability that the price will go south. It is wiser to stay still and wait for the opportunity presents itself to us so we could take the best out of the trade. Please trade with care :)
As you can see the price now sitting below the daily trendline which indicates that the upward move may have faded. SnR area could provide us a good RR ratio to go short on this pair. Please trade with care :)
There is a valid Head and Shoulders pattern completed on this pair.. Retested neckline gave us a pretty decent probability to take this trade confidently. Please trade with care :)
In 5Hr chart we can see the price has broken the trendline which indicates a valid doubletop setup. We could take the trade and placing our stop above the red box and targets could be at nearest support and weekly support as extended target. Please trade with care :)
Price has broken down from daily trendline and currently the price is retesting that. You can enter short at Trendline and 50% fib confluence area. Trade with care :)
There is a sell opportunity at the completion of bat pattern. Please be advised of the upcoming US related news since it will probably bring an impact to this pair. Please trade with care :)
There is a Gap that hasn't been closed on H4 up Timeframe. Rejection candle show us that there is a selling activities happened on that same area. We could took a short trade by taking the confluence of gap area with rejection candle. By targeting the support area which located at 2015 High the trade will give us positive R:R Ratio.. Trade with care :)
There is a complete and almost perfect Gartley potential on DXY. With B point right on 61.8 of XA retracement the possibility of this pattern completion will be quite high. Please take your USD related trade with care :)
There is a Cypher pattern completion on WTI. I think this is quite a decent trade because it got a nice RR ratio. Please trade with care :)
Broken pennant and recent support makes the previous support area becomes resistance. With momentum still pointing down this trade got a good RR ratio and quite decent to be traded. Please trade with care :)
There is a H&S pattern completion on GBPNZD. You can either shorting now or wait for the neckline retest for conservative approach.. Target placed with an equal length as Head to Neckline distance from the breaking point. Please trade with care :)
There is a bullish cypher D completion om USDJPY. Please trade with care and remember the CPI news may hold the key on USD further advance / decline
There is a possible bearish cypher completion on EURUSD. You can place the trade now with SL slightly above X or waiting a confirmation for conservative approach. Please trade with care! :)
There is a potential bearish bat pattern on BTCUSD. If last high of the price holding then there is a decent probability that this pattern would work as it should be. Please manage your trade with care :)
There is a Cypher pattern completion setup on XAUUSD. You can do a conservative trade by waiting a confirmation signal or taking the aggressive side by placing order now with SL slightly above X and 38.2 retracement of CD leg as your target 1 and 61.8 retracement of CD leg as your target 2.