great spot.. thx for sharing it !

Nice one !! Congrats !

Also 50% fib daily retracement

Very nice trade Mike, I personally was waiting for a 1.50 touch.. seems I missed it 😥

NZD/CAD Monthly Head and Shoulders

GBP/NZD Daily Chart Weve got a bearish descending triangle with a triple bottom at 1.77 nice area (monthly support from 2001) and divergence on the daily, looking for break lower and retest for a move lower or fake break with a 2bar pinbar or ...

Nice bar, my concern was that it closed right at previous support zone, if we had a lower close I would be all over it.Support marked between the orange lines Take care Fxchap

Waiting for PA around the 1.3118 area for a long,bounced nicely of the 50% daily fib, short term resistance around 1.3165. Good luck ! Fxchap.

Hey Mike, I was looking for a retrace to enter before it touched the 0.72 area (support) as marked with the pink arrows, but price went to the support zone and then retraced.. That move made me think twice before taking it. Fxchap.

Another one to watch NZD/USD.. break and retest or fakebreak

One of my nuances is to avoid taking BUOB/BEOB that cant close below/above a round number if its very near, Here we have two cases in which they gave us a very nice BEOB engulfin a minimum of two bars but they couldn't managed to close below the ...

Great video Mike !

You also have the 61.8fib. Today we ended up with a 2 day pinbar but its too small compared to the strong uptrend, a pinbar or BEOB with a 1.75 touch would be the desired scenario IMHO. Fxchap

Hey RussianBoss, I dont see any divergence, as you can see in the chart attached (lower high on chart and macd) . I dont see a big pinbar that makes me wanna sell yet, see that last 2 weeks we had pinbars which didnt work (Price didnt go lower) ...

I think u called that setup last week, very nice trade Mike ! Take care, Fxchap

Yeah sometimes u miss the trade by trying to pin point your entry too much. Nice trade !!

I was looking at it too.. the issue of not closing below 0.73 made me pass on it.(im really picky..I know hehe) Looking great now..good luck !!

Hey Mike, I was talking about the GBP/NZD chart, as in entering on the red line (pivotal area) Thanks.

Hi Florinellz, Your english is great, youre right that diff must be the spread. Thx for your input !

Hey Mike, why did u took the g/nzd once it broke the high ? I thought you would have taken it around 1.8030 (break área) Thx Fxchap