mscho95

mscho95

Waiting for confirmation for long on XAUAUD Statistical data showing weakness on a macroeconomic level, even with the support of government stimulus. Awaiting breakout in ascending triangle formation to confirm entry - could be 14/8 or 17/8. Target 1: 2787.67 Target 2: 2854.01 Target 3: 2967.33 Once confirmation received will update this thread. GL.

mscho95

Awaiting pull back to 1.55 zone to look for short

mscho95 Updated 

Active Trade Fell out of consolidation, to underlying trendline.

mscho95

Practice

mscho95 Updated 

Awaiting price action to reach descending trendline to push further downward

mscho95

Awaiting pullback to trendline for short position which would create a double top.

mscho95 Updated 

Bounce off ascending trendline to upper trendline in channel.

mscho95

Ascending trendline, there is an overall trendline on a higher timeframe. My analysis shows a pull back to the ascending zone and breakthrough overall downward trend. I am Aus based and know the economy is currently performing well in the last quarter for 2018.

mscho95

This pair is zoning, struggling to crack the 100 EMA but believe this will happen today. Short to zone marked with SL above previous days high. Solid Trade.

mscho95 Updated 

Trendline bounce, awaiting confirmation, 1742 pip potential, R&R is 3:1.

mscho95

Bounce of trendline, tight SL incase of reversal of trend

mscho95

Downtrend

mscho95

Zones

mscho95

Bouncing off strong upward trend line.

mscho95

Short GBP AUD to stong support level at 1.73234 pair needs to hit 1.75 first to reject to this level. Overall trend downward.

mscho95

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mscho95 Updated 

Analysed from Monthly down to 30M Ascending double bottom formed to hit supply zone and continue bullish until resistance is met at monthly level. Sentiment: short first 2 days, rest of the week is Long

mscho95

Breakdown of ascending trendline on overall downward trend - good sell signal should see further sell of until Support and potential breakthrough. May's recent speech yesterday does not show confidence in the current climate for UK.