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If you remember what we spoke about last week you would have seen how the market fell and was held by the trendline which is part of the Ascending Triangle .
You would also notice how the candle respects the trendline, bounce off of it and refused to... moreIf you remember what we spoke about last week you would have seen how the market fell and was held by the trendline which is part of the Ascending Triangle .
You would also notice how the candle respects the trendline, bounce off of it and refused to break and close below the trendline.
If you had shorted when the market break and close below the support you would earn approximately 97pips, that is 970USD per lot traded and if you would have long from the trendline, at this moment you would have earned approximately 42pip which is 420USD per lot traded.(check out the link within the TradingView post)
What has passed, has passed. This week I'm waiting for a Bearish Shark shorting opportunity or a retest of the trendline, perhaps a formation of Bullish Gartley or a Bullish Bat Pattern setup for a buying opportunity in this trend trading setup.
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Live chart:
https://www.tradingview.com/chart/EURUSD/QHs12KBu-EURUSD-Weekly-Market-Analysis-Jan22-Wk4/ />
#EURUSD #ascendingtriangle #BearishShark #trendline #sharkpattern #harmonicpatterns #rsi #candlestickanalysis #candlestickpattern less
If you remember what we spoke about last week you would have seen how the market fell and was held by the trendline which is part of the Ascending Triangle .
You would also notice how the candle respects the trendline, bounce off of it and refused to brea
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A bearish deep crab pattern type2 setup for a countertrend trade. This round, even better it returns with a double top setup with RSI Divergence. How good is that right?
I will need a further confirmation before I engage this trade. A setup like this... moreA bearish deep crab pattern type2 setup for a countertrend trade. This round, even better it returns with a double top setup with RSI Divergence. How good is that right?
I will need a further confirmation before I engage this trade. A setup like this will take months to complete.
Bored with your job, but feel you have no option because it pays the bills? No work-life balance and barely any time to do the things you truly love?
Well, I’m Rayn, and in the past, I used to work the 9-5 just like many of you. My head of department instructed me to slow down my pace if there wasn’t any other work for me to do. Just so the entire department wouldn’t look bad.
Well that’s experience I got working at a Japanese MNC based in Singapore. That was the first realization I had that the 9-5 grind was not for me.
These days, the way I trade, I spend about 30 minutes a day in front of my computer.
Join me at our 3-hour live workshop, happening this month Tuesday 26th November in Singapore at 7.00pm.
A complimentary E-book will also be sent to all participants.
https://forex100academy.com/event/profitable-trader-30mins-workday/ />
Next Wednesday, 14:08–15:30 (+8 GMT) I will be going through 12 currency pairs on out weekly midweek analysis. Like our Facebook page to be notified when we go live.
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Share our post so more traders can benefit from our analysis and comment one thing you liked about the analysis.
Your support is always greatly appreciated.
Live Chart:
https://www.tradingview.com/chart/GBPAUD/xKpyQ6E1-Trade-Ideas-Position-GBPAUD-Crab/ />
#askForex100 #BearishCrab #CrabPattern #GBPAUD #BearishDeepCrab #DeepCrabPattern #HarmonicPatterns #DoubleTop #RSIDivergence #RSI #Forex #Trading #ForexTrading #ForexCoach #LearnForex less
A bearish deep crab pattern type2 setup for a countertrend trade. This round, even better it returns with a double top setup with RSI Divergence. How good is that right?
I will need a further confirmation before I engage this trade. A setup like this will
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A bearish shark setup within the double sell zone gave a great trading opportunity to short this pair. An RSI Divergence has shown, it is possible such setup either gave a great trading opportunity or a potential miss trade as the market may not touch... moreA bearish shark setup within the double sell zone gave a great trading opportunity to short this pair. An RSI Divergence has shown, it is possible such setup either gave a great trading opportunity or a potential miss trade as the market may not touch point D.
Let's see how this setup unfold when the market opens on Monday.
Like our Facebook Page to see the outcome of this trade setup on this Wednesday 17Jul, 1608hr(+8GMT)
#askForex100 #sellzone #bearishshark #sharkpattern #Harmonicpatterns #rsi #Rsidivergence #forex #forextrading #Trading less
A bearish shark setup within the double sell zone gave a great trading opportunity to short this pair. An RSI Divergence has shown, it is possible such setup either gave a great trading opportunity or a potential miss trade as the market may not touch poin
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