TradersAcademy

TradersAcademy Updated 

Price on the larger time frame has reached a new high. Last week price has simply consolidated between 1.71000 resistance zone and 1.67864 neckline of the double top. Once the market opens, I anticipate price to fall down towards the neckline and probably breakout of the neckline and current ascending trendline, to establish a new channel. My personal short term...

TradersAcademy Updated 

EUR/AUD TRADE SETUP. Price on the larger time frame has reached a new high. Last week price has simply consolidated between 1.71000 resistance zone and 1.67864 neckline of the double top . Once the market opens, I anticipate price to fall down towards the neckline and probably breakout of the neckline and current ascending trendline , to establish a new...

TradersAcademy Updated 

Price on the larger time frame has experienced a whole two week long bearish rally. Price reached its highest high on the year at 112.149 on February 20th. This all time high of the year was my own personal new high within my own daily uptrend, a reversal to complete a trend low was expected but with the new financial crash sent price tumbling down to the 105.000...

TradersAcademy Updated 

A bullish channel in place, respected from my Sunday overview. Price opened to complete the low in the channel, lower timeframe will give more detail on a potential reversal to a new high or a continued descent beyond the ascending channel trendlines. A game of probability.

TradersAcademy Updated 

Price broke out of the ascending trendline and a continued price drop has continued through the beginning of the week, i placed a re-entry beyond the 1.08272 support level. Trade currently in profit.

TradersAcademy Updated 

Priceaction renders a clear triangle chart pattern. Price just broke out of the minor support zone placed and a continuation of the bearish descent is eminent.

TradersAcademy Updated 

Tuesday and Wednesday were great bearish profitable trades, closing off in profit at the sight of the minor consolidation. During the London session, I expect price to retrace to the 0.90563 resistance level, then continue the bearish trend. So short-term bullish prospect, but long term bearish.

TradersAcademy Updated 

Price respected the initial support level and reversed to complete a minor double top. Our initial forecast expected one of two outcomes and the reversal completed on but did not reach the target, yet price continued to complete the new low beyond the minor support level down to the 1.2232 take profit. Re-analysis is the possible continuation of the bearish...

TradersAcademy Updated 

Elliott Wave analysis in motion on the lower timeframe. Possible entry point arising.

TradersAcademy Updated 

Price on the daily timeframe has provided a double top trade pattern but price failed to breakout the neckline and continue the bearish descend. Price currently in H1 shows a bullish channel with completed highs and lows. We'll wait for a reversal of price on the support level identified or continued completion of a new low.

TradersAcademy Updated 

Long term trade setup, explaining the Double Top chart pattern. We may have a ton of consolidation throughout the selloff.

TradersAcademy Updated 

Trade setup for Gold in the 15 min timeframe. Price is expected to fall prior to the long term price dip. Large time frame showing a clear double top chart pattern.

TradersAcademy Updated 

Sell oder opened.

TradersAcademy

I have identified a clear downtrend within a channel. Price has been in a 2 month long bearish descent from a 0.70253 high down to a 0.65090 price point. My current view is that price will rise at market open, to complete a new high within the bearish channel. This pair is long overdue for a rice correction.

TradersAcademy Updated 

Price failed to breakout the ascending trendline by opening with a gap. Price completed a new Head & Shoulder formation. About to open a short order.

TradersAcademy Updated 

Price within an uptrend. Price closed on a high, expecting a new low. Will be sitting comfortably waiting on a confirmation candlestick.

TradersAcademy

Price has been in a bearish trajectory for the past 2 months. According to the rules of the trend, price has completed a Lower Low. Weekly chart shows a clear cut Pin Bar candlestick! This is a reversal candlestick pattern. Zooming into the H4 timeframe, price closed with an engulfing candlestick resting on the 1.08612 resistance level. I spotted a new...

TradersAcademy Updated 

Gold trade setup. Price has reached its price point for the year since January 6. A retracement is bound to follow suit, looking at the short term trade down towards the 1593.34 support level, anything beyond that then a new trend is expected as price respects the double top on the Daily.