great short set up on gbpjpy
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Two possible set ups,not liking where UJ is right now so ima wait what set plays before deciding place a trade
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-If we go to the daily timeframe, price broke bullsih daily trend then making a retest where the red circle is,this retest is also made on a weekly PRZ zone with a matching point in the 38.2% weekly fib. confirming a daily downtrend -Price is trapped btwn 2 daily PRZ, so what we gonna do is follow the trend,wait for the price to make a new LH below the...
-If we go to the daily timeframe, price broke bullsih daily trend then making a retest where the red circle is,this retest is also made on a weekly PRZ zone with a matching point in the 38.2% weekly fib. confirming a daily downtrend -Price is trapped btwn 2 daily PRZ, so what we gonna do is follow the trend,wait for the price to make a new LH below the...
Price is respecting the current downtrend making LH and LL also getti nrejection on the t daily trendline ,what gave me enough confirmation was the big inverted hammer made on our matching point with the weekly 61% ,daily 50% fib andprz zone with the downtrend line so now ima sell it with a 1:1 risk reward
Price is respecting the current downtrend making LH and LL also getti nrejection on the t daily trendline ,what gave me enough confirmation was the big inverted hammer made on our matching point with the weekly 61% ,daily 50% fib andprz zone with the downtrend line so now ima sell it with a 1:1 risk reward
4 shadows at th daily trend line ,fib weekly rejections and mp plus PRZ zones
As long as the price stays above 6863, the pair is a BUY
price this week broke the strong election formed trendline after 4th impulses to the upside,after the break of the bullish trendline price ranged for about a week deciding where to go ,now after a rejection to the weekly 50% fib and pRZ zone with MP point with the daily trendline forming a double top on the 4h chartat this matching point confirming a retest now we...
We see a continuation of the weekly and daily bullish movement with a rejection evey time on the trendline now tha price hit yerterday MP with the S&D zone,3rd leg impulse and created a shadow above them im predicting another spike to the upside
GOLD is preparing for a big fall, this week it can easily hit 1301.90 JUST MY IDEA AND NEED SOME COMMENTS PLEASE
Waiting to Buy EURNZD its Forming Triangle pattern
I see price going up to 104.24 23% fib weekly level with matching point with a weekly trend line...also stron S&D zone matchign with this 2 confirmations mixed with a completion of an 2nd impulse elliot wave! Happy trading and use proper risk managment we got NFP coming,if you want more free signals join our FREE telegram chat!...we catching 500+ pips weekly...
I see price going up to 104.24 23% fib weekly level with matching point with a weekly trend line...also stron S&D zone matchign with this 2 confirmations mixed with a completion of an 2nd impulse elliot wave! Happy trading and use proper risk managment we got NFP coming,if you want more free signals join our FREE telegram chat!...we catching 500+ pips weekly telegram.me
Its a good opportunity to buy gold from this zone.
The central prcie sector as forseen on my previous analysis for SPX500 should have netted you guys some serious profits by now. SO here is my next opinion..... We will see most likely a newish all time historical price at the top, then a drop down back into no mans land. From there I hope along I'm sure with many other short position CFD traders is that we...