tradelikeapro_fx

tradelikeapro_fx

CADCHF H4 - SHORT Cypher pattern with D-completion at 0.786 fibonacci retracement of XC leg. Look for selling opportunities within the D completion and resistance level for a SHORT opportunity. Otherwise, you can potentially place a SELL LIMIT ORDER @0.70363 for a sniper entry to catch a 1:2.5 trade towards the next support area. Understand that this is a...

tradelikeapro_fx

EURJPY H4 - LONG Charted this previously, prices are now testing the support zone and trendline. Look for bullish pressure or price action patterns to catch a LONG position towards previous high, and a possible extension of targets depending on how much momentum we have while approaching TP1.

tradelikeapro_fx

GBPCHF H4 - LONG Prices are constantly making higher swing lows, eventually leading to a breakout towards the upside. Currently, looking for a retest onto the support area where we will take a potential LONG position. Monitor the price action at the support area before taking the trade.

tradelikeapro_fx

EURJPY H4 - LONG Strong push phase that broke the ascending trendline and now coming back for a potential retest onto the confluence zone. Look for a depletion in bearish momentum and bullish price action at the confluence zone for a LONG position, with take profit target at previous high.

tradelikeapro_fx

Rising wedge pattern, indicating that the buyers are losing steam. We are looking for a breakdown off the wedge and support area for a potential SHORT if we get a retest onto previous structure.

tradelikeapro_fx

Strong push phase followed by a consolidation, represented by a bullish wedge where sellers can't find the strength to push prices down. We are waiting for a push phase, break out and retest onto the wedge pattern for a LONG position probably next week. Do take note. Aim for 81.800.

tradelikeapro_fx

GBPJPY H4 - LONG Clear confirmation that prices broke a key resistance level, now turned support. We are looking for a pullback onto previous structure @142.300 level for a LONG position upon confirmation, towards the next resistance level. A trade to take next week.

tradelikeapro_fx

EURNZD H4 - LONG Initially, we have a bearish trend and it went into a consolidation period where prices are moving side ways, more of a falling channel/wedge pattern. Current strength and momentum is bullish therefore, we are anticipating the breakout and retest confirmation for a LONG position Drop down to the Lower Timeframe (LTF) for a BUY opportunity...

tradelikeapro_fx

A downside move followed by a falling wedge (side ways, depletion of bullish momentum) and now a breakout with a series of higher swing highs and lows. Potential LONG if we get a retest onto previous structure or support for a LONG position towards a key level @1.29100 area.

tradelikeapro_fx

AUDCHF H4 - SHORT Started of with bullish movement followed by side ways or consolidation and now, we are able to see a potential reversal of the bullish trend, made by a series of Lower Highs and Lower Lows. Prices recently broke the support area and we are looking for a pullback onto previous structure for a SHORT position towards the support area.

tradelikeapro_fx

EURNZD H1 - SHORT Bearish move breaking down the ascending trendline and now came back for a retest, with a strong bearish rejection candle, or pin bar. However, bullish momentum may still be strong given how prices moved up towards the trendline and we may need to look for further confirmation or wait for bullish momentum to die down.

tradelikeapro_fx

Double bottom onto support structure, making a push phase which broke the neckline resistance and turned into support. Classic breakout retest strategy over here and we can continue looking for BUY opportunities towards previous high.

tradelikeapro_fx

Inverse head and shoulders pattern. This setup will take awhile before it becomes valid. We will be monitoring it closely. What we are looking for would be a strong H4 breakout and retest onto the neckline structure, followed by an entry on the hourly timeframe for a move upside towards our TP area.

tradelikeapro_fx

AUDCHF H4 - LONG Potential double bottom formation at a support area. Look for bullish pressure to take a LONG position towards the upper trend. Otherwise, wait for a strong breakdown and pullback for a SHORT position on the lower timeframe, take profit target at the next support area.

tradelikeapro_fx

Bearish flag pattern after a strong bearish impulse leg. Look for potential sell opportunities at the upper trendline. Otherwise, wait for a clear breakdown of support zone before taking a SHORT position.

tradelikeapro_fx

GBPNZD H1 - SHORT Triangle break out, with a bearish impulse move. We are looking for a retest onto previous structure for a SHORT position towards the next support level. We will place a SELL LIMIT ORDER here.

tradelikeapro_fx

EURAUD H4 - LONG Double bottom formation, and now broke out of it's neckline as well as descending trendline for a potential reversal. We are looking for a pullback onto previous structure for a LONG position towards the next resistance area.

tradelikeapro_fx

Prices made a bullish rally and now came back for a retest onto a support area. We are waiting for rejections and confirmation on this zone before taking a LONG position towards the previous high.