PipTips

PipTips

Hello traders, looking at this pair we see a correction possibly near completion for a rally continuation. We could see a reaction from this zone unless violated. This is an idea and should not be interpreted as a signal. Monitor price action for trading opportunities. Trade smart don’t gamble. -Rum

PipTips

Hello traders, looking at this pair we see a correction possibly near completion for a rally continuation. We could see a reaction from this zone unless violated. This is an idea and should not be interpreted as a signal. Monitor price action for trading opportunities. Trade smart don’t gamble. -Rum

PipTips

Hello traders, head and shoulder pattern spotted. Monitor price action for trading opportunities. Trade smart don’t gamble! -Rum

PipTips

Hello traders! Just an update on this pair. We shorted the market from the previous idea and all targets were satisfied. We now see a re-entry to this downward channel and we know that this pair has been in a strong trend upward. This is why we believe we can see a rally to previous structure as the retest already happened. But can we get a chance for another long...

PipTips

Hello traders! We are looking at 2 possible outcomes here. We are at a precise 50% retracement from the last rally and now we wait to see what happens next. We see a breakout of a minor down channel and if we get a retest followed by a break below our zone, the market could possibly go short. The other possible outcome would be a re-entry back in the channel for a...

PipTips

Hello traders! I know it’s been a while. As traders we can use a break from the market to rest and reset our mind. We are looking at a nice uptrend as the bulls have been in control over the last week. We see a break of resistance price structure as we may see a retest for a bullish reaction. Please monitor price action near this area for signs of continuation....

PipTips

We got our first target

PipTips

Hello traders! We are looking at a bearish move that is showing signs of exhaustion and it approaches the bottom of this wedge. We could possibly see a bullish reaction if we get and extension down to our zone which will provide a buy opportunity on the dollar cad. We may see a retracement before the extended move down to the zone, i would prefer to see a 25%-38%...

PipTips Updated 

Hello Traders! We see a failed wave as the market failed to push higher and was forced below the previous high which is a break of prior minor resistance. Could we see the bears continue this push to the 38.2% of this impulse bulling move? Or maybe even push lower? The market is a bit bearish right now and this is a possible short opportunity. Monitor price action...

PipTips Updated 

Hello traders! We are looking at a possible short opportunity here as we see a bearish move that broke below a zone which is not illustrated on the chart. My apologies, however, the trendline was retested and we see a bearish candle that violated a zone. We could see a continuation following this retest. Look for confirmations for trading opportunities. There are...

PipTips

Hello traders! We have closed all positions and think this might retrace for an inverted shoulder to continue this rally. Is this possible? Monitor price action for confirmation and possible trade opportunities. This is an idea and should not be interpreted as a signal, shared for educational purposes. Trade smart don’t gamble.

PipTips

Hello traders! I have published this idea before but the target has been updated to a more realistic price. We could see a break below this trendline at the bottom. However, if price fails to break below and push above our zone, we could see a bullish reaction for a great buy opportunity. Price should be monitored for optimal trade opportunities.This is not a...

PipTips

Hello traders! We have a bearish Cypher completed on the Aussie-Yen. This could present a possible short opportunity. Not only are we look at a bearish Cypher, the C-D impulse leg is at an overbought area where we are seeing a push up to the 1.13 extension of the impulse move. If the market fails to push higher and we see price break below the zone illustrated, we...

PipTips

Hello traders! We have an ABCD pattern here where we can expect a reversal after completion. This D point was a result of a break, a break below previous support where sellers failed to push the market below the 1.13 extension. This could mean a failed break of support. This is only valid if we see buyers push the market back above that zone where we will have a...

PipTips

Hello traders! We have a completed Bearish Butterfly pattern on the oil here and we see a break of this strong bullish impulse. Is oil ready to fall? Maybe... A small bearish move possibly... This is an idea not a signal. Trade smart don’t gamble! -Rum

PipTips

Hello traders! We got a Bearish Bat Pattern near completion here in a wedge pattern. The D point is at the retest area of this wedge where we could see a possible bearish reaction or a breakout. Just an idea shared for educational purposes, not a signal. Monitoring price action in the reversal zone at the D point is crucial for validation. Trade smart don’t gamble. -Rum

PipTips

Hello traders! We have a possible inverted head and shoulder pattern here. Price recently broke out of a down trend channel and we might see a retest for this rally to continue. This is an idea not a signal. Trade smart don't gamble. -Rum

PipTips

Hello traders! We have a completed bullish Gartley on gold and we got our D point reaction. With a re-entry back in the wedge, we could see brief rally for a small gain after a retest of minor structure at the trend line. This is an idea not a signal. Trade smart don't gamble. -Rum