Hi guys, just wanted to share with you this analysis i've made on AUDUSD. All this starts from higher timeframe, if you take a look at the daily chart, you'll understand that price is at a decision level. The yellow box actually represents the daily structure zone that price is testing. So the first thing i want to see is that price is at a structure point, then i...
Hi guys, just wanted to share with you this analysis i've made on AUDUSD. All this starts from higher timeframe, if you take a look at the daily chart, you'll understand that price is at a decision level. The yellow box actually represents the daily structure zone that price is testing. So the first thing i want to see is that price is at a structure point, then i...
Hey guys, today i want to bring you some pure technical analysis. As you can see on the chart above, i've written down some simple rules. As a trend continuation trader you want to follow the major trend: in order to do so having the big picture is key. The break of structure you see here is in fact a multitimeframe break of structure, since we've also broken the...
Going short for an hour 2-3 hour trade - Profitable if reaches .38
After a downtrend from Dec 12th and hitting a support at 0.7170 the period of consolidation has started. Watch for a test of 38.20% Fib level.
Overbought level has been reach as suggest by the RSI.Need consolidation stage due to GAP UP done this day. The circle line near 38.2 FIBONACCI leve is a good opportunity to buy. Cutloss if 38.20 FIBO level was break. MOney inflow also depicts that smart money has been coming out.
Buy FX:GBPJPY After Bullish Candle Stick Formation Price @ Back Side of the Trend Line (BLUE) Touched Uptrend line (Pink) Higher Highs (Support, Blue Arrows) Very Sharp Counter Trend Line Break StochRSI Over Sold Entry: After closing of the daily Candle (This Friday), Place Trade Monday Afternoon Stop: 10 Pip Below Previous Low (153.229 appx.) Take Profit:...
I copied the following idea; and justify with my own strategy. PLS DO NOT FOLLOW IT BLINDLY! Price below the upper trend line of the channel. .382 retracement of down AB Swing StochRSI Over sold BEARISH TWEEZERS TOP
Head and Shoulder Pattern Price @ back side of up trend line Price retraced from .382 fib level/ Restesting the retracement SELL ONLY IF BEARISH CANDLE STICK FORMATION OCCURS BELOW THE TREND LINE (BLUE) OR ANY OTHER REVERSAL AT 15M CHART TARGET: 5 PIP BELOW 1.618 fib extension of down AB Swing .618 retracement of UP AB Swing
Buy the breakout for a possible 1.30 retest
Please see annotated chart for details.
GER30: During the last months we see a downtrend in this index GER30 and now a possible Pull Back!! What about Fib retracement. We can see that there is a retracement made back to the 38% and now moving down again. Technicaly could be our next goal the 127% line as possible profit target. What is your opinion? - Short on the trendline break?
Hey Traders, This is my take on EUR/USD and my first analysis here where I try to show some of the tools I use to trade and make Market Predictions with as much Accuracy as possible. Feel free to comment and follow me if you like what you see and want more of it :) Ok, here we go:.. 1. We have a rejection of the Big Confluence Area I marked on the Chart (these...