m4nti

m4nti

The strong engulfing candle following a double top printed on a resistance level shows an intent for the market to plummet towards the next support line.

m4nti

Market is still in consolidation between two historically relevant and very strong structure lines. Once the market breaks, I'm expecting it to dive or rally to the nearest structure level. Either way, both trades have a very healthy risk:reward ratio. Whatever you do, wait for the retest of the consolidation area. Do not get faked out. Wait for the retest then...

m4nti

After the sudden steep decline of the EUR yesterday during the ECB interest rate conference, the EUR seems to have gone into consolidation vs the Yen, Dollar and Pound. Both the Stochastic and the fast EMA are indicating reversal intent but we're going to have to wait and see. Check those breakouts and don't let yourself get caught with a fakeout. For more ideas...

m4nti

EURJPY seems to either be returning into it's consolidation zone (marked by blue lines) or is about to break out after a quick retest of resistance turned support (top descending blue line). If it is a break out, it will be a nice setup into a Gartley which will leave us with a quick way to make some pips. Entry in the red box. Somewhere around 138.500 looks good...

m4nti

Nice bullish bat pattern supported by HTF support levels is forming up on the 4 hour EUGBP chart. We'll wait for the pattern to complete than enter the trade. REWARD/RISK Ration is at 2:1. Take profits at 0.382 retracement of AD.

m4nti

Everything is explained on the chart but to explain a little further: 1. Very, very clean AB=CD pattern setting up here. Couple more pips down and it closes perfectly. BC leg retraced to 0.382 fib on the dot. 2. There are 2 major, daily structure levels surrounding the current position. 3. The AB=CD pattern closes on exactly the 0.382 fib retracement of the last...

m4nti

We've got a ton of markers happening here signalling an incoming counter-trend (from bearish to bullish). SIGNALS: 1. Double/triple bottoms (depends on how you look at it) testing a long-term support level over and over. 2. RSI shows a clear bullish divergence happening right now. 3. Steep decline trendline hits all the retracements' highs beautifully. GETTING...