Hello everyone. Looks like EURUSD is going to form a temporary bottom here and break higher in attempt to confuse as many traders as possible. However on 4 hour the downtrend is well established. Fib is on DAILY chart. Precisely ran from the low of 1.15536 created on 11/07/2017. to the high of 1.25378 put in on 01/25/2018. Entry area is general. I will need...
the 1 thing we lack is VOLUME. The candles broke the trend upwards as you can see in the chart. Volume meets this -> we fly to the 13000 bar.
Follow me and check the related ideas below to learn more details. Good luck.
Setup bar on 4 hour H 1342.9. Low 1341.0 Aggressive Short 1341.0 Strategic short 1342.9 Stop above the recent lowest high 1348.6 T1 1333.4 T2 1325.8 If you found this analysis useful or thoughtful Likes/Comments/Follows are much appreciated! Disclaimer: Oanda data shown. Material is educational only. Trade at your own risk!
triple bottom should form and when it does, buy at the breakout and ride out towards the 3 profit targets.
cad/usd should hopefully form double top formation to match with the resistance being targeted couple times.
www.tradingview.com it will be the best to touch the lower line at about 63 of pitch fork and then start up trend, then it will be much more comfortable to take the long position, as it maybe the end of wave 4 or wave 4a, TBC.
cadchf sees support holding up nicely several times in the past days/month and now the market has formed a falling wedge pattern which compliments the support line that was currently tested. rick reward is 5.5
Dear Traders & Followers, There is a possibility to go LONG from current price to the level of or 1.3675. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Dear Traders & Followers, There is a possibility to go SHORT from current price to the level of 111.50 Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Dear Traders & Followers, There is a possibility to go LONG from current price 78.40 to the level of or 80.40. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
RSI low, MACD turning, we are about to see MACD crossing signal line. All indicators showing nice uptrends. We are expecting some good news about LiteCoin - LitePay in February. feel free to accumulate.
Dear Traders & Followers, There is a possibility to go first SHORT upto 0.7665 then go LONG from price 0.7665 to the level of 0.7800. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Not financial advice I am not an expert at TA just my first publish of some trends I noticed on the 4hr chart. Anything can happen TA is about probability not guarantee. Let me know what you think! Happy trading !!!
Been watching this cup and handle on the 4hr chart form for the last couple days. The breakout is trying to happen within around an hour of my original prediction (about 10am yesterday, noticed it forming on the 3rd). Handle was extended by the BTC run. I have built my position, and shall wait for the swing. It looks ready. Overview:
Price may be rising to the 1H or 4H 50 sma. If BTC is strengthening price may fall. 4H macd has crossed below 0 level line Bearish Bias Day macd is still above 0 level Bullish Bias Sup/Res levels posted for Profit Targets
Buy TP : 1.2105. Sell TP 1st : 1.1825. TP 2nd : 1.1725. TP 3rd : 1.1575.