AUDCAD Broke through the 4 Hour resistance zone and came back to retest it on the weekly close. This week will be a great week to look for longs on this pair. Simple price action - When resistance becomes support!!!
Price broke an ascending channel after it hit a Price Reversal Zone. Now, we wait patiently for price to pullback to 32% and place our Stop Loss above 68.1% while is about 80 pips R:R is 1:6.
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-3 days Actions on - A – Activating Event Currency Pair creating a Double Top . B – Beliefs Market will find resistance at current levels at @ 0.6848 - 0.6893 levels and move towards the first Target 1 level @ 0.671 FX:NZDUSD Trade Management Entered @ Sign up for details...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4 Hours Actions on - A – Activating Event Currency Pair pushing off higher support line and breaking resistance line. B – Beliefs Market move towards the first Target 1 level @ 110.350 FX:USDJPY Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details...
NZDCAD has hit a key level as you can see on the 4 hour chart and is bouncing to the upside. Bullish divergence activity on 4 hour and also the 1 hour chart.
Open LONG position XBTUSD @ $367x - bitMEX cross leverage StopLoss: $3645 TP1: 3750 TP2: 3888 TP3: 4022 To SUM UP: - Expect a decline to 3740$ in the short term, and thereafter you can see an increase to 3880$ for a retest of resistance but I feel a break of this will be easy and we could have another go at 3950-4050$ with a wick. - Thereafter, we can...
There was a bullish breakout of the high which will push USDJPY into higher territory.
I will continue to decrease my SHORT position in LTCH19. ultimately seeking the 'Gspot' aboot the 0.00825 area. Unless Litecoin pulls a reversal hitting my trailing stop loss which is currently set @ 0.00851, but I really don't see that happening Bcuz we just broke through a very strong support zone (0.00850-0.00848) IMO Anyways. invest safely & may GOD B with...
* NOT Financial Advise. Follow at own risk..!! NEVER INVEST what U cannot afford to lose!!! Always USE Stop Loss!!! Gudd Luk 2 All ))
Sell Signal for LTC/USD @ 0.0095x TP1 0.00900 TP2 0.00857 Stop Loss 0.001
1/2 Has hit the .618 retracement of it's wave at ~3549.35 (could go to 3444) The 1.618 extension on 1/2 hits 5378.37 Near key level 5333.33 This takes us past 5280.48 which is the .618 retracement of the move down to the low of 3128.89 I expect 3 to end near these levels. 4 could hit anywhere between 4233 and 5K Some key levels are 4444, 4623, 4870. 5 could...
While bouncing back and forth the daily (white) and weekly (purple) support/resistance areas, the GBP can't decide what to do on multiple pairs causing many EMAs to go flat!
AUDUSD broke above its multi-month trendline yesterday and closed above on a much larger than expected trade surplus and also Chinese gov report they will support the economy with aggressive stimulus in a "do what ever it takes" approach. This positive news comes at a time when Asia Pac FX is extremely bearish and oversold without much in the way of relief. Trade...
price has formed a bearish pinbar after showing signs of a sell-off. there are multiple reasons why pinbar forms in the market, it is always best to understand what preceeds these candles before trading them.
Been pretty uneventful few days since our drop through several supports. I personally have been happy in cash and waiting for things to settle down. This allows RSI's to cool off, moving averages to catch up. Sticking with the 4 hour chart, primarily watching the EMA's, 12 and 26 that are always on my charts. Bulls were stuck under 12 EMA and as it came down to...
Chart is Heffae Clouds 4Hour (left) and 8Hour (right) I added arrows to highlight signals you may trade on with the cloud SnR paths. The "target" on the current 4H candle is the RealTime Additive, which is a trend indicator, and can act as resistance here if the trend is to continue down. The 8Hour has signaled a drop out of cloud bottom, which is bearish....
Pair Currency:GBPUSD Direction Predicted: Uptrend GBPUSD is ready to boom for an uptrend, touching level at 1.3100. So place your trade now, and enjoying your profit by putting a buy option for GBPUSD. The last candle is suggesting for an uptrend coming, so the indicators are Like and Comment my IDEA!
Currency Pair: EURUSD Prediction: DownTrend, Short. EURUSD is predicted to go down and touch 1.7000, its resistance point. After analysing all indicators and fundamental analysis, it seems obvious the EUR is ready for a fall. Thanks Comment and Like this update Follow for daily updates!