AUDUSD is in a larger flag to the downside after reacting to the double top region from late 2019, looking for sell opportunities at the top of the flag which will coincide with the ascending channel for the long term sell- entries from either the top of structure or first impulse and correction phase for the entry
Good Day Everyone Here's a look at the GBPUSD pair in the coming week from multiple time frames MONTHLY * On the monthly time frame the pair has been trading in an XABCD butterfly pattern that has held up pretty well in the last weeks we saw a big drop in the pound from everything happening fundamentally and a Fibonacci retracement to this drop in the price...
Good Day Everyone Here's an idea on the EURUSD pair a look at the pair from multiple timeframes. MONTHLY * On the monthly timeframe the pair went up and was rejected at 50% fibonacci retrancement level pushed down to bounce just below the 61.8 % fibonacci level currently the sentiment is still long on the monthly timeframe even though we pushed down a little...
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impulsed down from 3 touch ascending, bear flag continuation to head lower. filtered o the 15M set order on the break of the mini ascending within the flag, just got triggered in so i'm live in this position. no no BS here lets see how it plays out
Good Day Everone Here's a short idea on the USOIL , looks like price might continue to push down looking at technicals, we saw the price breakout of the ascending channel/ rising wedge wich could signal that the trend could reverse as we had lower on oil price struggled to push above 39.23 lets see if price continues to rally down on OIL looking for short...
Good Day Everyone Here's an idea on the GBPJPY pair, the pair broke out of the ascending channel on the 4 hourly chart corrected a bit for a retest of the descending channel should the structure hold looking for short positions in the pair should the bulls come into play and we see significant moves to the upside the trading plan will change for now looking for...
Good Day Everyone Here's an idea on the EURJPY pair, we just broke above the descending channel overbought on multiple indicators which may signal a correction or retest of the structure then continuation to the upside. looking for long entries on the pair should everything be...
Good Day Everyone Here's an idea on the EURGBP pair, the ascending channel holds and we are still trading inside the structure on the pair, more aggressive traders can go long on the correction to the down side but looking for significant move to the upside on the pair a retest of support level 0.90605 will signal this move to the upside for now waiting for this...
Good Day Everyone Here's an idea on the GBPJPY pair, the pair broke out of the descending channel went down with the bears to retest support level 132.912 could the ascending channel hold on the pair not sure just yet but looks like bulls are still in control one the GBPJPY...
Good Day Everyone Here's an idea on the USDZAR pair which has been trading in a descending channel and rallied up in an ascending channel within the descending structure looking for a rejection in the descending channel and a break below the ascending channel to trade with the bears on the pair, a break below the ascending channel will signal this short position...
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Possibly a Ascending Channel , but on the RSI there is a noticeable divergence.
EURJPY currently finds itself trending within an ascending parallel channel after successfully breaking out of the descending trendline. We will be looking to enter longs on a pullback towards the 0.618 fib retracement, in confluence to our outlined parallel channel and the previous level of support.
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Good Day Everyone Here's an idea on the GBPJPY pair, the Ascending channel holds and the pair is currently rallying with the bears for a possible retest of 61.8% Fibonacci level, looking for a bounce of this level then a rise in the pair, for more aggressive traders you can look for short entries on the pair targeting 61.8% fib level . if we see a significant...
Waiting to open a sell position on this pair
TNY has seen some consolidation into an Ascending channel, which is another Bullish Pattern coinciding with multiple other bullish patterns that have played out recently. Noticeably the green bullish flag I have outlined is a recent bullish pattern, and there was also a giant inverted H&S that played out to the upside, the right shoulder being the green bull...