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TradingClear

Two possible scenarios we are looking at, at the moment, for OANDA:EURJPY : 1. EURJPY is forming a continuation flat pattern for more upside. 2. A small impulse to the downside has already happened, followed by a correction, and more downside is coming with a possible break of the lower trend line on the 4hr timeframe, and retest of the 117 area. Either way,...

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For those who aren't yet in the trade from the very top, another short opportunity is coming along. Fortunately, we still have part of our positions open from the very top break, but other positions were closed in break even on last week's impulsive retracement of the euro pairs. We have corrected our chart on last week's movements, and we still firmly believe...

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For those who aren't yet in the trade: , there is a nice short opportunity coming up now. The pair is forming a flag, consolidating the first downward impulse and confirming it's intentions for the downside. Stop above flag structure. As for our targets, we would like to aim for the 0.27 of previous movement, in the 1.44063 area, but due to previous structure...

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EURNZD seems to be breaking the triangle to the downside. If it breaks fully, there is a potential short opportunity with target in the 1.535 area (although price could go and retest the bottom trend line on the daily timeframe all the way to the 1.50 area. For a more conservative approach, wait for the impulse to end, wait for a correction, and sell the break of...

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In the bigger picture of the weekly timeframe, the OANDA:EURUSD is currently showing us two possible scenarios: 1. The ABC correction (light blue) is coming to an end soon, and the pair is bound for one more strong impulse to the downside, which will take the price down to the 0.95 area, first, and potentially much further down, towards the 0.838 area. 2. The...

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We believe that the correction on OANDA:EURCAD is over, and the pair is starting an impulsive movement to the downside, which represents a great short opportunity with an excellent risk to reward ratio. On the 60min timeframe, the pair broke the ascending triangle pattern to the downside, retested the trend line and started the down movement, so we opened short...

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Correction seems to be over, for OANDA:EURCAD , and the time seems ripe for a short opportunity. A first impulse to the downside has gone through following news regarding canadian CPI and sales report, so watch it on the 60min and 15min timeframes, if it makes a small correction, it is time to sell. Updates will follow. Trade with care and only with a...

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OANDA:EURNZD is still in a complex correction. However, things appear to be a little clearer now.If it breaks the triangle to the downside, we are looking at two possible scenarios: 1. the "A" segment of the triangle was a downward impulse, the "B"+"C"+"D" segments, a correction of said impulse, to which follows another downward impulse that will take the...

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Is the correction over, on OANDA:EURNZD 0.25% , or no. If it is, the almost completed triangle is going to break to the upside. If instead the correction is not over, the triangle will break to the downside, and the EURNZD 0.25% pair is going to go for one bigger, deeper, down move. As it stands of now, we believe the correction is over. Two ways to play this. On...

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So the OANDA:EURGBP pair dropped as expected, and we're in the sell from the top. In the beginning of the week however, all euro pairs had a somewhat impulsive upward movement, which some of us expected and some did not. Going back to the technical analysis on this pair, we are still expecting a big move to the downside, all the way to the 0.8054 area (yes,...

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If you are not in the trade from the top, on OANDA:GBPCHF use the corrections and their brakes to get into the sell. Such as these. Watch it when it gets to the lower trend line on the daily, as then it might consolidate a little deeper to the upside - so if you sell now, put your stop above the correction, but then later on move it to break even and watch what...

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So our previous model was invalidated because, as it often happens in trading, we anticipated the forecast but the structure did not yet complete itself. Now the structure seems to be pretty clear and here it is. Great short opportunity with excellent risk to reward ratio. We believe another impulse to the downside is commencing as of now. If you are not yet into...

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Isn't OANDA:EURNZD tricky at the moment. It made an impulsive movement up, followed by an immediate impulsive movement down. To us, it seems that it is still just in the same correction. If you were to take these impulsive movements off the chart, things would seem a little clearer, or at least it appears so. Maybe it is best to stay out of this trade. However,...

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As of now, OANDA:EURJPY is completing a corrective structure within the 60min / 4hr timeframe. Within the aforementioned one, there is also a smaller (upside) corrective structure, which can be seen in the chart. Once this structure is completed, we will be looking for a sell setup. We are already in the sell from previous highs, but we will sell more. If you...

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The OANDA:GBPCHF pair seems ripe for a bigger, deeper, downside movement. On the weekly time frame, the pair has broken all structures, and on the daily time frame, it has consolidated for several days right under the bottom weekly trend line: a clear sign of further downside intentions. On the 60 min. timeframe, the upside impulsive momentum seems to have come...

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At this point, the correction might be over, and a potential ABCD pattern could be the beginning of the upside. Strictly connected with the NZDUSD major Not for any correlation, as there is no such thing, but in terms of strength of the Kiwi currency: if it breaks the weekly structure to the upside, said currency will gain even greater momentum and the Euro is...

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OANDA:GBPCHF has broken all structures. It has broken the weekly structure, with a long daily corrective structure, and has recently broken the daily structure, and has been consolidating also under the daily structure. Really, what more do we want, as a confirmation that this pair is craving for more downside? Any sell is a good sell, from here on. Updates on...

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OANDA:NZDUSD is still in the daily correction that lies "on" the weekly upper trend line. We believe the correction is about to be completed, and that NZD is ready for more downside, all the way down to re test the 0.6825 low. The reason that we believe that this on the daily is not a "consolidation" correction structure, is that the preceding impulse that took...