Price is in a descending triangle chart pattern Bottom support triangle trendline @ 367.10 Trade 1 - EFC Indicator finds Entry and TP levels Short Entry alert @ 372.28 EFC Take Profit level @ 300 Trade 2 - Breakout of Bottom Triangle Trendline @ 367.10 Enter with 1h breakout candle close Sup/Res level...
Price is in an ascending triangle chart pattern There were 4 failed Bullish breakout attempts of the triangle top Price is falling to triangle bottom trendline 1H Short trade Sell Stop @ 76.20 Sell TP at bottom triangle trendline There will be a decision point at the bottom triangle trendline Long trade Price will rise up to the top triangle trendline Bullish...
on the gbpnzd, price formed a large rising wedge pattern while creating a smaller version straight after. I believe price will touch support zone as it has been tested many times from the two patterns. lower timeframe consists of different setup so stay online for that one.
On the usd/chf, I see a major bearish move from the resistance zone. Waiting for minor bullish flag to break out and retest the resistance. Looking for market to delve into lower prices at around approx 0.94 and 0.92 area range Break from the bullish flag could be used for short term long trade while waiting for price to reach resistance zone. Around the...
FX:GBPNZD is in a downtrend channel. It had touch the upper resistance of the channel and triangle. The price could go down near the previous support, being the first take profit. If the price keep going down can be reach the 50% fibonacci extension of the trend, being as well the 88.6% ab harmonic pattern that could be formed in the future. The indicators like...
which one is more possible? the pink (A,B,C,D,E)? or blue ABC? maybe none? ;)
Hello guys, this is my trading plan for USDCHF Pair. I consider enter if the market break the trendline and my main goal is hit 0.98000. Good luck.
on the aud/nzd, support seems to be respected from the weekly/daily chart. On the 4hr chart I am hoping that that price breaks out from the trendline so I can find a way to enter.
Hello Guys, This is my trading plan for GBPAUD. ------------------------ FIRST TRADE: SL: 1.85506 TP: 1.80011 ------------------------ Good luck.
Hello Guys, This is my trading plan for GBPAUD. Good luck.
On the daily chart, the euro seems to have hit a new formed resistance which has been tested twice already. I'm expecting price to form a lower high than a lower low to confirm the bearish trend. Would suggest selling at the break of the pattern if you want to wait for confirmation or you can sell below the resistance line if you're an aggressive trader.
falling wedge pattern has occurred from the 1d and lower. Looking to go long since the price bounced off the support line very nicely. lotsizes and RR's are listed on the analysis as well and pictures of the further analysis on the 15 min chart will be listed as well. Make sure to check that out as well. trade safely as well guys.
eur/usd seems to be forming a falling wedge and the wicks seem to be touching the support more than once so I would assume that the market will drive up to higher prices. I've added two take profits to levels where I think price may touch and then go down.