PipTips

PipTips

Hello traders! We have a possible wedge developing on the Cad-Yen. An ABCD pattern has been identified and we have the completion at the D point where we could see a possible rally to the .886 retracement of the CD leg. This is an idea, not a signal. This is strictly for educational purposes. Trade smart don't gamble. -Rum

PipTips

Hello traders! 1st target hit but will it continue as we assume? This was just an update. Price just broke below minor support but we could still see a pullback before a continuation. Are the buyers gonna step in? Let’s see how the market will play this out. Trade smart don’t gamble! Enjoy the weekend! -Rum

PipTips

Hello traders! As we hit our 1st target, we can’t help but wonder if we will be in a buyers market next week. We took advantage of a head and shoulder pattern which is a common reversal pattern. We are still in a downward channel but will we see a breakout next week? Definitely will be monitoring price action to see. This was shared for educational purposes and...

PipTips

Hello traders! We got a breakout to the downside in reference to our previous published idea. The trend line was retested and we are hoping to see a bearish move to the downside 25-60 pips potentially. This is an update to an idea published earlier and is intended for educational purposes and should not be interpreted as a signal. Trade smart don’t gamble ! -Rum

PipTips

Hello Traders! Well I guess it's obvious, we have a possible wedge in developing on the Peso. You can trade it or wait on a breakout. Either way, they are great patterns to trade and master. We are seeing a rally to retest the top and if respected, we may see a push back down. The question is... will this break to the downside? And if it does, could it be a...

PipTips

Hello traders! We see a breakout here on a down trend that could possibly retest for a short term or long term buy. This is just an idea and if we see that bearish push for the retest we can monitor price action for that reaction to present a buy opportunity. We can expect a 25-75 pip move if this trend line is respected. The Swiss have been weak against the Yen...

PipTips

Hello traders! Taking a look at the coin, we see that it broke out of a down channel and is looking to rest def or enter a small up channel. If we don’t see that re-entry to the rising channel, we may see a bullish reaction to continue upward. If we do see a re-entry, we could possibly see a push to the downside to retest structure which could validate the rising...

PipTips

Hello traders! We are still seeing consolidation in this wedge on the Swiss as price is contracting towards the corner. Awaiting the breakout, we could see price go either way. We will continue to monitor to see if the dollar will recover from the franks after March's low. Analyze-monitor-execute. Trade smart don't gamble. -Rum

PipTips

Hello traders! Here we have an uptrend that was tested and broken on the 4 th touch giving us 100% of a previous low. If the market give us the retest for the right shoulder, we could get a reaction. Monitor price action for reversal signs to possibly sell the market. This is shared for educational purposes and should not be interpreted as a signal. Traders...

PipTips

Hello traders! Here we have an uptrend that was tested and broken on the 4 th touch giving us 100% of a previous low. If the market give us the retest for the right shoulder, we could get a reaction. Monitor price action for reversal signs to possibly sell the market. This is shared for educational purposes and should not be interpreted as a signal. Traders...

PipTips

Hello traders! Possible bearish Gartley possibly developing where the D point meets a possible downward minor trendline. May present a possible short term short for 50+ pips and we will monitor price action in this area near the D point for reversal signs. This is shared for educational purposes and should not be taken as a signal. Good luck to all traders, we...

PipTips

ANALYZE-MONITOR-EXECUTE Hello traders! We have identified a rising wedge pattern here hoping for a break to the downside due to this uptrend showing signs of possible exhaustion. If we see a bearish push to retest prior support, it may not be a long term downward move but a correction before continuing the rally. This is shared for educational purposes and should...

PipTips

Hello traders! We took the opportunity and got both targets. This was a great setup and the market did what we wanted thankfully. Simply use of trendlines and using a supply zone for entry which worked out great. Trade smart don’t gamble!

PipTips

Hello traders! We would like to thank the market for that buy opportunity from the bullish bat pattern, we’ve taken profits and look to see if we might have a possible short here. It is possible that we might see a wedge pattern here which if it is, a possible short might present itself here. This is an idea not a signal, posted for educational purposes. Trade...

PipTips

Hello traders! Just sharing an idea here on the US CAD. Seeing a potential short opportunity if price gets to our zone for a retest. This is a short term opportunity but one that could possibly go 30-100 pips for a correction or reversal. Monitor price action in this area for bearish signs for confirmation. This is an idea not a signal, shared for educational...

PipTips

Hello trader! Here we have a possible buy opportunity if we see a strong bullish push above the minor resistance zone here. If this happens we may see a retest before a continued move to the upside. This is a short term idea and posted for educational purposes. Monitor price action for fi ya day trade smart don’t gamble!

PipTips

Hello traders, we could have a possible short opportunity here at this area of interest. Monitor price action for confirmation. Idea not a signal. Trade smart don’t gamble!

PipTips

Hello traders, we have taken our position where we look to exit near the top of this channel possibly developing. May not be a significant down channel but we look to take profits and see if we will see the bears step back in. Monitoring price action is key in any situation which we will exercise as the market does what it does. This is an idea for educational...