This week will be an interesting week because on wednesday this week we have the FOMC meeting and the forecast is to an rate hike. For the harmonic trader, here is an harmonic view of two possible scenario. Its either gonna go up from the current point or the lowest one that I did put on the chart. Current Harmonic Pattern: BAT -- The perfect Bullish Bat...
Good morning, Last week I did enter NZDUSD but I didnt post it right away because I wasnt 100% sure how the setup would develop. But this week I am not really confident that the way the monthly candle did close and the inverted head'n'shoulder did form, that NZDUSD is going back UP. Plus we can also see with the bollinger band 50 periods that it is currently at...
I see a beautiful broken box. EURJPY been ranging for a few weeks now and at first thought I was hoping 136.xxx, but after a few weeks of consolidation, I see a beautiful box setup and I also see the it been only 3 times at the top of the box and been alot more often to the down part of the box meaning that the bear pressure is getting higher and higher. So I did...
I have been waiting for a month and a half for this entry... we are finally at my short point. Gartley pattern + Monthly supply&demand AB=CD also complete in the same area. Its time for a great short. TP1 is shown with the risk/ratio 840 pips... Good luck and trade with care.
1.60300 Will be my short area for EURAUD. We have an ABCD Pattern at this level and I also see the monthly bollinger band that will be overbought. We can also see that the inverted head'n'shoulder will be complete at this level so then the trend should reverse. I have 2 targets. I will probably close at the first target but it should reach the second target. I am...
I see CADJPY go up from 86.200. My TP will be 325PIPS on this trade but I am expecting an higher high from this level to complete higher timeframe AB=CD pattern. There is an BAT PATTERN + WEEKLY BOLLINGER BAND SMA With a strong supply and demand.
I am currently short on GOLD but I am already planning my long setup. My first long entry will be around 1237-38. There is a Gartley Pattern and the weekly basis bollinger bands area. The reason why my SL is so low is because I am also ready to handle my long if the pattern isnt valid until the 1209 area. The reason why I will be holding till that low is because I...
Daily Bollinger Basis, Trend Continuation. I am pretty sure gold will go around 1243-45 before moving up ... my first buy will be there and then ill look if it keeps going down ill add up at 1209, but anyway for now I am short from 1301 to 1268.
AB=CD pattern is complete on weekly, monthly timeframe... I will be long 1400 Pips.
Weekly bollinger bands is flat and outside, so I am expecting a huge reversal + as we can see on my chart, There is a huge monthly supply & demand area so for these 2 reasons I am expecting a good reversal. I will take profit around 1260 and I will be looking for a buy around 1205.
Trend Continuation, NZDUSD is stuck under the monthly supply&demand and did a beautiful re-test of the area. I am epecting a beautiful downtrend for next week. Lets wait and see!
Good friday morning! GBPJPY LONG TP's been hit. (750 pips profit). Now I am already chasing that sell area. And I am expecting it to be around 161.300 for a few reason, first we can see a monthly supply&demand, it would be a re-test of the broken level on the monthly timeframe, and on top of that we have an AB=CD Harmonic Pattern and also it is the SMA50 on the...
On Higher timeframe, I'm expecting GBP to turn bullish soon. I see a BAT PATTERN on a strong Supply&Demand area.
EURCAD been going UP since Macron been elected, and now is in a retracement phase, longer time I still see a huge uptrend for EURCAD now we can see an ABC retracement phase from the push it made. Ill be looking for long entries between 1.42-43, We can also see on Daily and Weekly timeframe a huge Inverted H&S pattern that are some sign of bullish movement incoming.
I will be long for 2000 PIPS on GBPAUD. AB=CD pattern + 78.6% of whole trend.
XRP - RIPPLES -- I bought 2000 Ripples cuz in my opinion XRP will be the most successful cryptocurrency ever made for multiples reason and one of them is that they dont try to go AGAINST banks, but work with them. Faster transaction than bitcoin and Ethereum, can do more transaction at the same time than bitcoin and ethereum and a lot more reason why I see it be...
ETHUSD - I did buy ONE Ethereum. I feel that Ethereum is even better than Bitcoin itself and will go really high soon. - 5000$ will be my TP.
Good evening guys, I have been looking closely at USDJPY last few weeks and I have been waiting for this AB=CD pattern for a while now. Finally, it did hit the AB=CD AREA. I am just waiting for a reversal sign and ill be buying long term! Good Luck trade with care, I will update when Ill be in the trade.