240min

NzdCad is currently in a bullish flag pattern. We expect it to go up very soon as buyes are still strong. SL can be corrected due to the situation on the market.

I will take long position from friday closing price.

I'll be watching this pair closely for a clean break and retest of the 1.266 zone. On the other hand, this might be too obvious for a clean setup.

Possibility Take Profit: 143.200

Possibility Take Profit: 0.87340

As shown, the market is on a 4 hour down trend and reaching a trend line which has previously been rejected a few times. This is shown from the Trend lines drawn on this specific graph. There is confluence in terms of the pair being considerably high on RSI, as well as considering the movements of the major corresponding pairs (USDCAD long + USDJPY short). The...

EURJPY 240 TRADE CLOSED IN PROFIT

USDCHF Analysis 240mins

Hello Guys, been a long time i'm not charting because i'm in holidays. now i'm here today to show you guys how ASII stock will flow. as you can see on the chart, we've been double bottoming in recent 4H candles. i'm jumping in now on Rp. 7200 - 7250 area,waiting & swing the trade for a possibility the resistance breaking & start laddering profits on Rp. 7500...

AUDUSD After the break of the bearish trend chanal AUDUSD have take correction. The price test now the upper line of the bearish trendline as support and is now near some very interessting fibonacci retracement levels. I personal will look for long entries if the FED interesst rate will stay the same as now. I wish you a profitable trading week.

We're in an uptrend on the USDCAD 4 hour currently, but are starting to reach key resistance levels. That said - stay long until the 4 hour is properly broken and then its time for the down trend to start!! Any trades for me will simply be in a reaction to price movement.

CHFJPY have reached a strong area of support now. After this long bearish move we will see a correction or a potential higher low on the D1 timeframe. I will look for good buy entries on lower timeframes.

240 counter trend ABCD

Today I tried analysing BCHUSD and want to share my ideas with you. I'd appreciate any feedback or corrections to improve my analysis! Before I begin: please excuse my labelling at times, I am still learning the finesse of Elliot Waves and analysis, so bear with me if at times it sounds confusing. ;-) At present we seem to be nearing the end of a...

we are in a weekly consolidation - we will either get one more "yellow" - see the 3 wave moves up then drawn out consolidation - OR- "blue arrow" - continuation - to downside and consolidation is over. either is possible - see chart - the green arrow points out where we are on 4h and we can look for sell set up on 4h for one more down or break out and get ready...

see chart -- sell is my first option.. would need a 60 min consolidation to get in the buy again.

You may call it a flag or wedge but you can see a previous complted pattern followed by another. I am currently short at the highlighted candle and take profit is near rising support.

I think I see a bearish rising wedge pattern. Once it closes past support line bearish I think the move will to the downside.