CortesTeam

CortesTeam Updated 

lONG WITH THE TREND

CortesTeam Updated 

BUY ON COUNTYER T-LINE BREAK

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Short on the AUD market, Short term Channel, higher timeframe downward direction

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After a relentless downward move, we see now nome kind of a pullback or pause in the trend. There is still space to go down, for there is a magnet support at 4H timeframe (Blue line) To confirm that the trend has resume, we need to see a strong breakout, and execute within the plan rules. As you can see the price already broke the counter trend line giving us...

CortesTeam Updated 

FIRST OF ALL : This is a pre fed setup, which means that it may easily get invalidated, with certainty the gold will go crazy with the speculation, so this may be just an educational setup. 1. The previous channel was broken to the downside, not without us taking 1750 pips first, of course (See previous Gold ideas) 2. Now we have a trend continuation trade at a...

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The cable is making harmonic trend moves to the upside, respecting the channel, son now it is time to start surfing the next wave. At the zone we have a major level of fibonacci, a H4 support a potential oversold scenario and the cherry: lower band of the ascending channel "You control how you trade, the market controls how and when you'll get...

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The Nikkei has a potential Ideal Gartley formation, it's still early to tell, but if it gets there there is a huge opportunity to short the japanese index If you don't know how to operate correctly this type of patterns it's better to stay out For targets: divide the position in three parts, then you can trail the last part until it reverses and touches your...

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We are looking at a nice channel on the Gold, already going to test the upper band, by the looks of the price action there is a big chance we are starting to consolidate for a while, that means channel and structure traders are in for a treat. The upper band has a major fibonacci level (0.618) and resistance. Remember stay "*Market Focused, Not Self...

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The DAX has broken the lower line of the consolidation channel, that is the bearish bias we were waiting for, so to jump on the bigger move downwards, we are waiting on an imminent opportunity at the @10560 level of major resistance, also we have equidistant harmonic retracement. Hoping to see some kind of rejection at that level complemented with RSI Have a...

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Hey traders, We are expecting for the retracement to go up till it reaches the PRZ at a minimum of @1180.00, where we have a major fibonacci level (0.618) we also have a nice and clear resistance @1182.5 This zone presents a decent entry with the trend assuming it follows along with the descending channel, Remember de Gols is a "Big Mover" so mind your risk...

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The XAUUSD finally reached its previous point of structure, plus we have to fibonacci levels linig up on the PRZ. Also, we have a RSI over bought adding up the odds in favor Eyes on your mind, not on your trade Cortes Team

CortesTeam Updated 

As the price goes down XAUUSD we expect a reversal @1310.00 in the Potential Reversal Zone we have: Major Structure support Confluence with a 0.382 fib level Confluence with a 1.618 extension In other words, looking to get long with the gold ! With this instrument be mindful of your risk "Eyes on your mind, not on your trade" Cortes Team Thanks

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As USDJPY goes downwards, found support around @100.900, retested six times in the last days, so it has become a major level of structure, Right now waiting for a better price to enter in a long position Optional targets may be the previous structure high Remember Traders "Eyes on your mind, not on your trade" Thanks CortesTeam

CortesTeam

After the brexit, the GBPUSD has been consolidating, trading sideways, that is a great scenario to trade between the structures, in this case in particular we have a 115 pips wide range where we can either buy at @1.2968 or sell at @1.3084. Depends on which gets filled first The best opportunity for us is the short one, because it has a significantly major...

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As we go down making lower lows, the price is getting close to a very nice point of confluence at @134.000 even handle At this point we have the following: 61,8% fib retracement 1,272% fib extension Structure alignment: support We think we might get filled in this trade next week Remember Eyes on your mind, not on your trade Cortes Team Thanks !

CortesTeam Updated 

After a dive of the past two weeks finally we are approaching an important level of structure this support is in confluence with a minor fibonacci (0.50%) In the higher time frames this could be seen as a Trend Continuation Trade, but for us, we just want to chunk some pips out of this leviathan that is why 61.8% is target 2 Remember guys: Eyes on your mind,...

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Previous structure high with a major fibonacci level confluence. looking for short opportunities @1.33000 even handle number. Eyes on your mind, not on your trade CortesTeam Thank you

CortesTeam

The price of the AUDJPY has gone upwards reaching a major point of resistance, where we can be looking at a short opportunity The area has been tested around six times, so it has a huge psychological value We recommend not to shoot for extension targets, just retracement targets because an extension target would have to go lower than the brexit lower...