Manic.Nick

Manic.Nick

TP -> 108

Manic.Nick

...according to bearish divergence and current location near red resistance area. Targets: 1.750 -> 1.715

Manic.Nick

If this triangle really contains 4th wave the pair will continue falling. For confirmation of idea the pair need testing resistance (beginning 5th wave inside red area) and break support (sell signal around green area). i42.tinypic.com

Manic.Nick

This idea have a potential. I'll be watching...

Manic.Nick

The Descending Triangle is viewed as being more bearish than the regular Triangle patterns. When a Descending Triangle is formed, lower lows are being made (typically a bearish sign) and quite often, lower highs are being made (generally seen as bearish). With the Descending Triangle formation, a possible sell signal occurs when the support line is penetrated to...

Manic.Nick

It can be good area for next buy according to previous similar episodes.

Manic.Nick

The brilliant graphical price pattern serves for existing trend reversal confirmation in case of its occurrence on the chart. Traditionally it appears in an uptrend.

Manic.Nick Updated 

...according of double top, bearish divergence. Targets: 78 -> 74

Manic.Nick Updated 

I think it's nice area from 0.7250 to 0.7300 for sell. The price must goes down according to bearish divergence. Also we have diverging triangle on 4H. Targets: 1st at ~0.7100 2nd at ~0.6900

Manic.Nick Updated 

I'm in from 115.05 )

Manic.Nick

...if the support 1.61 will not broken.

Manic.Nick

Resistance area 1.070-1.075 and bearish divergence are good signals for selling.

Manic.Nick

Do you use this strategy?

Manic.Nick

The pair formed rising wedge pattern on daily timeframe. Also we have strong bearish divergence. Bad days for AUD ? Targets for sell: 1st at ~0.6800 2nd at ~0.6400

Manic.Nick

We have perfect signals for short on 4H: - price is near daily downtrend; - strong bearish divergence; - rising wedge pattern. Targets: 1st at ~0.7380 2nd at ~0.7170

Manic.Nick Updated 

We have H&S pattern with breakout neckline and good potential point for entry. If the pair goes down we can have targets: 1st at ~136.0 according H&S; 2nd at ~132.0 near support lines.

Manic.Nick

I hope those bubbles are full of money :) I'm waiting fight on the 0.7400 level. If AUD will win the next fight will be on the 7500 level with new downtrend.

Manic.Nick

I'm expecting strong resistance at ~0.7050-7100 and I hope the pair will continue move down with target 0.6700