Regulus9

Regulus9

This is a clear buy and hold signal finally on H4. One 'golden cross" occurred and visible at H1. I'm in at 1236.88 now and will look to add more when price starts breaching on black dotted lines and last week's high. This is a medium term outlook on this pair, as keeping in mind that general trend is still bearish and we have several previous strong supply...

Regulus9

edited typo on previous chart with description. UPDATE: took profit @ 1236 as price went back to lower tl of pennant formation. now standing aside and will see how this other pattern would play. Happy Weekend to all!

Regulus9

Descending Triangle??? could be.. entered short at price seen on chart with sl on BE. Please see linked chart attached to see supporting view regarding this pair. Still sticking to trading plan which is to sell on sign of weakness and buy dips preferably at 1215-17/ 1206 zone if price action allows. Below those buy targets, bearish momentum can take in effect....

Regulus9

General Trend still Bearish. Retest of yesterday's high a possibility and maybe higher but as long as Previous Supply Zone is not breached, price will just travel to and fro the trend lines and within range of supply area. I would look to sell on price break at lower trend line or any sign of weakness from upper tl. "Trend is your friend, they say" - so my...

Regulus9

Trade plan stated on chart. Let's see how this plays. Happy Trading!

Regulus9

Recent FED Meeting was a good Samaritan for this pair and may have rendered 1185 area as double bottom for now. IMHO, price may take its time travelling the channel. I would be watching the blue lines being breached for further upward move and confirm bullishness on this pair hence, may buy and hold. Price may also pierce thru resistance levels as USD is taking...

Regulus9

Relief rally may be completing and ready to continue bearish direction. My preferred targets to short is 1216-17 area or higher - around 1220 area. Take profit area as stated on chart but will be modified if momentum picks-up to target Monday's low (1183) which IMO is make or break point to continue further downward pressure on this pair towards 1180 and...

Regulus9

Long on AUDUSD for a scalp UPDATE: Target hit

Regulus9

Update: Closed trade at BE.

Regulus9

I will be looking to short this pair as Cup Pattern looks complete on 1H and 4H tf. UPDATE : Target hit.

Regulus9

We saw the pair nose-diving after positive NFP last week and stronger Dollar. Is this pair at crucial level for the imminent fall to near 1000 level or bounce at 1180 price to complete a triple bottom (as defined by orange horizontal line)? Charts say it all that trend maybe truly and still bearish but 1180 is a solid support - so waiting to hold or break. RSI on...

Regulus9

Watching next 1H candle to issue buy entry. Update: Entered small long @ 1.44281 SL @ BE Re-entered

Regulus9

No recommendation, as always. Just sharing my humble opinion for today's NFP and how this pair may react on the event. Comments and opinions will be highly appreciated, as well. Good Luck to all and Happy NFP to all Traders! later... Update : Few Pips away from target... UPDATE: Took Profit. Standing aside meanwhile as price is approaching 1180 and will wait...

Regulus9

No Recommendation, as always.. Just sharing my humble opinion and eager to hear opinions and views from anyone. Good luck to all and Happy NFP to all Traders! later...

Regulus9

I have no bias for this pair - just testing where price can go short-term and catch some pips. Atm, price is going down and if 1H candle breaches the RED line, will be waiting for next candle for confirmation to enter a small short (will switch to 1H tf to confirm sell signal). TP for 400 points (min). If price touches red line and bounce, range play it is until a...

Regulus9

I have no bias for this pair - just testing where price can go short-term and catch some pips. Atm, price is going down and if 1H candle breaches the RED line, will be waiting for next candle for confirmation to enter a small short (will switch to 1H tf to confirm sell signal). TP for 400 points (min). If price touches red line and bounce, range play it is until a...