Priceactionstrategy
Possible formation of tripple bottom: Bull signal!!!Today, we have found down a possible formation of tripple bottom, because this green zone are strong support, and if the price doesn't broke down this support, there are a possibility to continue to up the trend and that correction of elliot wave # 4 it's get validated.
And so, it's a possible bullish signal and we need to stay alert when the price leave at this zone. Well, now, if we look that appears a bullish candlestick signal a hammer, doji bullish or big bullish candlestick, we could to buy at this zone with a Stop Loss considered. As my posiiton are active, so I do not closed up and did you noticed it. because in Daily timeframe we see a bullish.
Also, while the tripple bottom formation, we have in the bullish rising wedge, and this mean a bullish pattern.
But, now in Daily we see very clear the strong support mark in green, and so, if we get the initial of the trend in the blue dark arrow, we can see a poryect more of what I expect of my target profit.
EURNZD LONG TRADE IDEAHello Traders,
We could see that the price looks forming the ascending channel. however, it needs further development which confirming that recent support was solid before continuing their uptrends. Therefore I would prefer to wait for the candle closed above the zones highlighted before consider taking long within this setup.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
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***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
NZDJPY LONG TRADE IDEAHello Traders,
In order to see the continuation of the uptrend appear, we could see the price succeed to break the minor resistance or break the triangle patterns and currently testing the recent support in order to see the potential seller off at the zones area highlighted. I would prefer to wait for the next candle closed above zones highlighted as confirmation solid support.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
USDCAD SHORT TRADE IDEAHello Traders,
In order to confirm the recent minor support is solid to become a new resistance after the breakout. I would consider waiting for the next candle to test it and closed below zones highlighted.
For your consideration before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
Updates of GBP/USD: Beware of Manipulation!!!Hello guys, in this technical analysis I found up a another armonic figures a BAT, So, the target is reach at 1.618% of Fibonacci, now, we find up with bearish candlestick pattern and so, it's mean a possible manipulation of this zone, I use my secret Fiboancci called Shark Hunters, well, it's never get us this pattern when we do in the morning a possible buy zone, but it's have a invalid because this is a price consolidated a little, so, don't put any long position in there. Because if you use any indicator as MACD or RSI there show us a bearish divergence, but specially in MACD we see a weakness of the price, and it's a possible go back into the bearish channel.
Also, I add my previously technical analysis of this par!!!
CADCHF SHORT TRADE IDEAHello Traders,
Following my previous analyst at the link attached. Currently, the price has breakout the ranges. However, to see the continuation of the downtrend appear, we need to test the recent support which has been a break and respect it as new solid resistance by seeing the potential evidence of buyer off at the zones area highlighted.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
NZDCHF LONG TRADE IDEAHello Traders,
Currently, we could see that the price has been moving within the ascending channel
however, to see the downtrend retracement we need to test the recent support in order to see the potential seller off at the zones area highlighted.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
CADCHF WAIT FOR BREAKOUT THE RANGESHello Traders,
We could see currently the price has been moving within the ranges as consolidation. I would prefer to wait until the impulsive movement and breakout the ranges, in order to see the clarity of their seasonal trends.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
GBPCAD SHORT TRADE IDEA Hello Traders,
Similar to my previous analyst on GBPAUD, In order to see the continuation of the downtrend appear, we need to test the recent support which has been a break and respect it as new solid resistance by seeing the potential evidence of buyer off at the zones area highlighted.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
GBPAUD SHORT TRADE IDEA Hello Traders,
In order to see the continuation of the downtrend appear, we need to test the recent support which has been a break and respect it as new solid resistance by seeing the potential evidence of buyer off at the zones area highlighted.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
USDCHF SHORT TRADE IDEAHello Traders,
We could see the price has been moving within the ranges and breakout the minor support. however, to see the continuation of the downtrend appear, we need to test the recent resistance in order to see the potential buyer off at the zones area highlighted. The bearish structure looks clear just need further evidence to form it as solid bearish continuations.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
EURNZD SHORT TRADE IDEAHello Traders,
We could see the price is moving within the descending channel. however, to see the continuation of the downtrend appear, we need to let the seller come in by seeing the price succeed to break the minor support and tested the recent support in order to see the potential buyer off at the zones area highlighted. The bearish structure looks clear just need further evidence to form it as solid bearish continuations.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
GBPJPY LONG TRADE IDEAHello Traders,
At the Higher time frame, you could see that the price has been moving within the ascending channel
however, to see the continuation of the uptrend appear, we need to let the buyer come in by seeing the price succeed to break the minor resistance or break the triangle patterns and tested the recent support in order to see the potential seller off at the zones area highlighted.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
NZDUSD LONG TRADE IDEA Hello Traders,
Similar to my previous analyst on USDCAD, to see the continuation of the uptrend appear we need further evidence that new support is respected by the price in order to see the seller was off.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
USDCAD LONG TRADE IDEA Hello Traders,
As you could see at the moment the price has been moving within the ascending channel
however, to see the continuation of the uptrend appear, we need to let the buyer come in by seeing the price succeed to break the minor resistance or break the triangle patterns and tested the recent support in order to see the potential seller off at the zones area highlighted.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
EURUSD Trade examplesFollowing up from yesterdays trades, I had a very clean entry here off the 15 minute chart once we saw an impulsive move towards the 1.12600 key level.Unable to break above the previous high. Smart money and sentiment is still bearish. Almost smashing through 1.11600 as I predicted.
How will we look moving into next week? I believe further downside is bound to occur however price may take a upside retracement for buyers remorse. I will be monitoring these key levels on the Monday Asian session. If there is one thing I would love to share with you all is setting up those key levels and finding where smart money is moving. When scalping, we only trade with the trend. Not against it. These order blocks are established by using data of 2-3 days of where I am trading. Refer to higher time frames if need be to find where the trend is moving.
I don't usually like trading the Friday close as I am not a one to hold trades very long. But this was very necessary to finish the week strong. Focusing your time and efforts on 1 pair can enhance your trading tremendously. 60-70 pips a week is all you need.
Remember this is not trading advise but purely for educational purposes.
Have a great weekend everyone.
Lets go get it !
USDCHF LONG TRADE IDEA Hello Traders,
The seasonal of this pair remains bullish.
however, to see the continuation of the uptrend appear, we need to let the buyer come in by seeing the price succeed to break the minor resistance or break the triangle patterns and tested the recent support in order to see the potential seller off at the zones area highlighted.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!
CADJPY SHORT TRADE IDEAHello Traders,
We could see the price is moving within the descending channel, however, to see the continuation of the downtrend appear, we need to let the seller come in by seeing the price succeed to break the minor support and tested the recent support in order to see the potential buyer off at the zones area highlighted. The bearish structure looks clear just need further evidence to form it as solid bearish continuations.
Before taking this idea please mind your core principles of your trade confluences with proper risk reward management.
_________________________________________________________________________________________________________________________________________
***** Disclaimer ******
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Moreover, if you like my ideas and do take the same trade, please write it in the comment so we can manage the trade together.
Thank you for your support!