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[A Closer Look: The Intriguing Factors That Have Sustained My Interest in This Promising Buying Opportunity]
When it comes to GBPUSD, my sights are set firmly on one direction: buying opportunities. The stage is set for a potentially lucrative trade,... more[A Closer Look: The Intriguing Factors That Have Sustained My Interest in This Promising Buying Opportunity]
When it comes to GBPUSD, my sights are set firmly on one direction: buying opportunities. The stage is set for a potentially lucrative trade, and I'm eagerly awaiting the perfect entry point.
On the 4-hourly chart, a retest of the trendline (right) holds the key to triggering a buying opportunity. As long as the price remains above the lowest trendline, a breakout could present an ideal entry. Alternatively, a break and close above the high at 1.2483 (also on the 4-hourly chart) could be the signal to jump in.
Delving deeper, the 1-hourly chart (left) offers additional scenarios for a potential buying opportunity. A retest of support at 1.2421 or a more significant level at 1.2395 could both serve as triggers for an entry.
But why this unwavering persistence? Let's turn our attention to the weekly chart, where a break and close above resistance becomes a compelling catalyst for my bullish stance. Although we remain within the sell zone, I'm already scouting for buying opportunities, anticipating a potential shift in momentum.
Now, what if I'm wrong? It's a calculated risk. I understand that hitting stops is a possibility, but I mitigate that risk by ensuring most of my trades have a profit factor of 2. This means I can maintain profitability with a 40% accuracy rate.
So, as the GBPUSD landscape unfolds, I remain resolute in my pursuit of buying opportunities, armed with strategic insights and a calculated approach to capitalize on potential gains.
Live chart:
https://www.tradingview.com/chart/GBPUSD/U8KYPi0s-A-Closer-Look/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#GBPUSD #channels #supportandresistance #rsidivergence #trendtrading #combotrade #trendtrading #trendcontinuation #candlestickanalysis #candlestickpattern less
https://vimeo.com/828792468
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[Minimize Your Losses with Our Expert Guidance and Strategies]
Just as I mentioned two weeks ago, my focus has remained unwavering on the EURUSD pair, specifically in search of a lucrative shorting opportunity. Today, I invite you to witness the... more[Minimize Your Losses with Our Expert Guidance and Strategies]
Just as I mentioned two weeks ago, my focus has remained unwavering on the EURUSD pair, specifically in search of a lucrative shorting opportunity. Today, I invite you to witness the unfolding of this anticipated trade. However, I exercise caution and patience as I await the crucial confirmation provided by a candlestick pattern.
Currently, my attention is drawn to a potential retest at 1.0828 on the 1-hourly chart. This level presents a promising entry point for the short trade I have been eagerly awaiting. To maximize the outcome, it is essential for the market to refrain from breaching the critical support level at 1.0849 on the 1-hourly chart.
Stay tuned for the final confirmation, as I assess the candlestick patterns and their alignment with my trading strategy.
Live chart:
https://www.tradingview.com/chart/EURUSD/tLIXWrxa-Minimize-Your-Losses-with-Our-Expert-Guidance-and-Strategies/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#EURUSD #doubletop #rsidivergence #supplyzone #resistancelevel #supportandresistance #combotrade #candlestickanalysis #candlestickpattern less
https://vimeo.com/828789095
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Channels Recommended for You
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[Unlocking Profit Potential: Why I'm Holding Out for a Prime Buying Opportunity]
This week, an opportunity has presented itself for a potential buying position on the GBPUSD pair. Two prominent trading setups - the Bullish Shark Pattern and the AB=CD... more[Unlocking Profit Potential: Why I'm Holding Out for a Prime Buying Opportunity]
This week, an opportunity has presented itself for a potential buying position on the GBPUSD pair. Two prominent trading setups - the Bullish Shark Pattern and the AB=CD pattern - have emerged, signalling a potential bullish trend.
While I hold a bullish bias due to a previous break and close above resistance on the weekly chart, I exercise caution and wait for confirmation from candlestick patterns before entering the trade.
This strategic approach ensures that I make informed and calculated trading decisions.
Live chart:
https://www.tradingview.com/chart/GBPUSD/tDHr59n3-Unlocking-Profit-Potential-Why-I-m-Holding-Out-for-a-Prime-Buyi/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#GBPUSD #trendtrading #combotrade #abcdpattern #bullishshark #sharkpatterns #harmonicpatterns #trendtrading #trendcontinuation #candlestickanalysis #candlestickpattern less
https://vimeo.com/826642429
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[Are You Kicking Yourself for Missing Out on This Major Trading Opportunity? I Called it Last Week]
Last Week, I mentioned my plan to await a suitable shorting opportunity on the EURUSD, owing to the retest of resistance with RSI divergence. As... more[Are You Kicking Yourself for Missing Out on This Major Trading Opportunity? I Called it Last Week]
Last Week, I mentioned my plan to await a suitable shorting opportunity on the EURUSD, owing to the retest of resistance with RSI divergence. As anticipated, this move resulted in a total profit of 205 pips (equivalent to 2,050 USD/lot) based on the difference between the opening and closing prices.
My strategy for this week remains unchanged, and I am still on the lookout for a new shorting opportunity. At present, I am waiting to initiate a short position at 1.0901 on the 1-hourly chart (left), which represents a key resistance level. Join me as I continue to monitor the market and strive for profitable trades.
Live chart:
https://www.tradingview.com/chart/EURUSD/jwpFQFjC-Did-you-missed-this-trade/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#EURUSD #doubletop #rsidivergence #supplyzone #resistancelevel #supportandresistance #combotrade #candlestickanalysis #candlestickpattern less
https://vimeo.com/826637657
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[Executing Mid to Long-Term Short Position on This Trade]
Patiently waiting for a prime shorting opportunity on EURUSD as the market struggles to breach the crucial level of 1.1093 on the weekly chart.
My strategy involves utilizing the Bearish Shark... more[Executing Mid to Long-Term Short Position on This Trade]
Patiently waiting for a prime shorting opportunity on EURUSD as the market struggles to breach the crucial level of 1.1093 on the weekly chart.
My strategy involves utilizing the Bearish Shark Pattern setup, which shows completion at 1.1097 on the 1-hourly chart. With a calculated approach and keen attention to market behaviour, I am poised to execute a confident and informed trade decision.
Live chart:
https://www.tradingview.com/chart/EURUSD/kxmBfHVj-Executing-Mid-to-Long-Term-Short-Position-on-This-Trade/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#EURUSD #bearishshark #countertrend #supplyzone #resistancelevel #supportandresistance #sharkpatterns #harmonicpatterns #combotrade #candlestickanalysis #candlestickpattern less
https://vimeo.com/824518309
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[Reap the Rewards for Massive Gains]
Counter-trend trading can be a lucrative strategy if executed correctly, making it a favorite amongst traders. When done right, it can provide the best profit factor, making it a viable option for those seeking to... more[Reap the Rewards for Massive Gains]
Counter-trend trading can be a lucrative strategy if executed correctly, making it a favorite amongst traders. When done right, it can provide the best profit factor, making it a viable option for those seeking to maximize returns.
As for the EURUSD, the weekly chart displays a retest on resistance with an RSI Divergence, signaling a potential shorting opportunity. However, it is important to note that this setup is not foolproof, and it is necessary to exercise caution. In fact, a candlestick confirmation is yet to be observed on the weekly chart.
For the daring traders out there, keep a close eye on the 1-hourly chart (on the left) for a 3-bar reversal, which may serve as a green light for a prime shorting opportunity. Take a calculated risk and pounce on this opportunity before it's too late!
Live chart:
https://www.tradingview.com/chart/EURUSD/PYOvx7TS-Reap-the-Rewards-for-Massive-Gains/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat
https://discord.gg/AKDr9vPqH7
#EURUSD #resistancelevel #supportandresistance #combotrade #countertrend #candlestickanalysis #candlestickpattern less
Counter-trend trading can be a lucrative strategy if executed correctly, making it a favorite amongst traders. When done right, it can provide the best profit factor, making it a viable option for those seeking to maximize returns. As for the EURUSD, the
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[At Least 200pips of Profit Potential]
The Bullish Shark Pattern(right) has not reached its final
target level. Trend Traders could wait for a buying opportunity off the 4-hourly chart(left), support level at 1.0748. Should the Candlestick Pattern break... more[At Least 200pips of Profit Potential]
The Bullish Shark Pattern(right) has not reached its final
target level. Trend Traders could wait for a buying opportunity off the 4-hourly chart(left), support level at 1.0748. Should the Candlestick Pattern break and close below it, l'Il be waiting for Bullish Bat Patterns that completes at 1.0562.
And because the Point C of the Bullish Bat Pattern touches Point A, it became a warning sign, I'II need to wait for a
Candlestick Pattern confirmation at the PRZ(box) before
engaging on the trade
Live chart:
https://www.tradingview.com/chart/EURUSD/QzrZ49Ki-At-Least-200pips-of-Profit-Potential/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#EURUSD #supportlevel #BullishShark #combotrade #trendtrading #harmonicpatterns #sharkpatterns #batpatterns #bullishbat #candlestickanalysis #candlestickpattern less
https://vimeo.com/813947766
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[Earning Both Ways]
To be successful in trading, you can be a Casanova.
This means you need not be loyal to your trade. You can buy GBPUSD during breakfast and sell it by lunch.
That will be my trade plan for this week.
GBPUSD on the 1-hourly... more[Earning Both Ways]
To be successful in trading, you can be a Casanova.
This means you need not be loyal to your trade. You can buy GBPUSD during breakfast and sell it by lunch.
That will be my trade plan for this week.
GBPUSD on the 1-hourly chart(left). I'm waiting to buy on the blue line(1.2202) and short on the right line(1.2277).
On the blue line, I'm waiting for the retest that will almost guarantee an RSI Divergence, and on the red line, it coincides with the 4-hourly chart(right) of a potential Head and Shoulders formation.
Live chart:
https://www.tradingview.com/chart/GBPUSD/WU7UE4ux-Earning-both-ways/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#GBPUSD #headandshoulders #supportandresistance #resistance #countertrend #upsizetrade #combotrade #candlestickanalysis #candlestickpattern #rsidivergence less
https://vimeo.com/811621013
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