Hi all, quick sell on AUDUUSD. Breakout of the rising wedge and possible crossing of 200 EMA. Have fun all!
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the...
Good morning traders, AUDUSD made a new high, and found a possible swing high at the 0.693 area, from where we can now see a drop to the downside. Ideally the flat correction within the wave b is completed, and a new, five-wave movement into wave c is in play. That said, we are tracking first five waves into sub-wave i) of c which can later be followed by a...
The price is hitting the 5th time the resistance trendline. Look for a breakout if happens, if not enter a short position. Consider the wicks as bull traps, and always when you draw a trend line take it from the candle bodies to be safe.
High Probability Trade Update EURUSD FLAG LONG Result: +2.77% Buy order set after an impulse out of the corrective channel, entry set after the flag confirmed the correction and long bias. Structure > Nature > Price Action
FX:NZDUSD : Kiwi dollar rallied significantly last week with the RBNZ surprising markets; keeping the OCR at 1.00% Price action is showing significant weakness at a key level of resistance, with the formation of a rather abnormal head & shoulders pattern. A break of the neck line seen around the 23.6% fibonacci could see a longer term push to retest the yearly...
Hello everyone, nzdjpy has formed an head and shoulders, so we can short till the next support level...
With a rising wedge formation, a typical continuation pattern is forming and the possibility to see further downward movement at the end of Q4 beginning of Q1 2020 is the most reasonable scenario. It is clear that the pullback we had to the golden pocket and price rejection at that level opens the downside algos to kick the price lower toward the 1st algo target...
Hello everyone, i saw an opportunity for the XAUUSD, is making a perfect disjoint angle, and i expect a good percentage for this year. I'll use channel oscillations for maximizing profit, and then I'll do a very big short operation with 2x leverage. In the end, a 40% is expected.
Analysis: -Lots of action in a relatively tight range for several weeks now, roughly the $0.20 - $0.16 region. -Alt run in action -Band hits for default KC 1.25 have been a good indicator for reversal (either way). -Volume lulls frequently lead to high volatility periods, and has shown on this chart. -21w ROC has a well-validated buying level at roughly -65%. -A...
Hi there, Just and idea after analyzing XRPEUR Movement this year and areas, specially supply and demand, and some chart patterns that indicates the price could go down before it starts up. Right now, it's starting to curve, giving sign of downtrend. As usual btc goes on the hand of btc and since you may see in some analysis i have made on BTC, this could go...
As you can see on the picture BIG potencial with Gartley Harmonic pattern Weekly chart here. I did 120 pips on this already and it is high probability that it will go up to the sky. It depends on you that this trade you will execute. I am here only analyzing market. Fingers crossed. Any thoughts? Have a great trading day. -DaveGoody
When you see 1h chart at GBP/CHF you will see too many harmony pattern here. 3 cypher patterns on one place. Really cool. A lot of confirmations, on Daily chart too. We can see 5-0 Pattern on Daily. 4 Short signals here. IDEA FOR TODAY. You can get short trade to the 0,50 Fibonacci retracement (1,25000). It can get a 270 pips. Very good potencial. I am in the...
Looking at GBPNZD from a week or day term standpoint you can clearly see there's a double bottom. Waiting on conformation using fib retracement. Might buy at 2.02299
hey fans hope you doin well .......this pair will be giving a good move next year :) so keep an eye on this :) its a good sell now for a short term but in very long term this will be giving us buy
A potential unified gartley is setting up. Pattern details and a trade plan: Swing identificaiton: prex(6) B-point: 0. 5-0 .6XA C-point: 0.7-0.8AB Entry(limit order): 0.6XA Stoploss(stop order): 0.9XA Target(limit order): 1.6 to 1 RR Historical performance: First bar in history: 1999.01.04 07/00/00 Total patterns found: 30 Number of winners: 18 Average winner:...
BTC/USD Long symmetrical triangle completed