kealebogamoyo3
It's these setups that i do not publish that make it through. But from now I will post set ups that give me 2 affirmations like this one. A triangle and a support zone.
There is an opportunity for a sell. Usdjpy has been following our analysis recently but lets wait and see.
Price broke a trendline and as anticipated. And price went up after anticipated but now we anticipating that price has to complete the turn around by forming the HnS pattern.
Firstly price is giving us signs of fatigue from a downward trend and also there's a support level that is being observed there. This are not clear indications of a change of trend but there is a small triangle that is just enticing and hoping to get a few pips up before we can expect further down trend.
Firstly there is a support zone that the price respected. There is a strong downward trend that we are going against but there is a reversal pattern of head and shoulders. The pattern has not yet formed or confirmed but we move. This is not A signal but an idea.
So this is not a signal but a lesson. So my main focus is the gap created by the market on the last 2 Mondays. In most cases the market likes closing the gaps that it creates. So here is a little experiment that I am looking at of whether or not the market proves our hypothesis. Not a signal purely a learning experience.
This one is one of those far fetched setups that you look at and just hopes it plays out. From the H4 layout the price broke the trend line and retested. From the retest on the H1 chart, price formed a triple top and then broke it, it could be what the smart traders think is a liquidity sweep. So there are no hopes here just lessons.
This is not a signal. So the price has broken our trendline. The price also retested the trendline as i anticipated but i missed the opportunity to sniper it. But now we are hoping for a strong change of trend.
Haven't been checking the chats in a while. There was a double bottom set up forming on the H4 chat. I missed the initially sniper entry but i'm hoping to catch the rest of the formation of the pattern. This is not a signal but an anticipation.
Quick and optimistic sell on gold. Gold is looking like a buy but a quick scalp sell won't hurt. As always trade responsibly.
This pair has been in a relentless bullish trend. This reversal is a possibility but as we all know how unpredictable the market is. Let's just keep a lookout there might be something here...
Would i be judged to want to squeeze out an inverse head and shoulder out of that. I mean this patterns nowadays are hidden by some movements. On the H4 time frame Gold broke my trend line and it's projection is up. But we wait and see...
We are hoping for a sniper entry on EU. This was yesterdays analysis btw. Also i haven't analyzed this pair for quite sometime but i decided to add it back to pack after firing GPYJPY. Let's see how this plays out.
The long term analysis shows a clear buy and the trend is and has been bullish but we have just spotted a traditional head and shoulders pattern. Now we are waiting to see whether the market still respects the traditional patterns.
Optimistic trade indeed because we are going against the trend but i believe we are at a minor support which failed to break twice and we are in a bullish flag which might just validate our movement up. But let's wait and see....
You see this pair, I advised against trading it but on the 1 hour time frame its just giving me crazy ideas. The price had initially broken my support and it went back to retest and that candle that just closed bullish after the retest is testing me. But let's what price is feeling like today.
Trading on a Friday is not advisable but these chats are looking fine today. This Sell possibility is existent based of 2 factors. There is a trend that broke and it now just retested. There is also on a bigger scale a formation of a High probability setup. So let's observe.
We are looking for downside movement for this pair. Trading on a Friday is certainly not an ideal for us as traders but GU is looking awfully bearish.