Buy opportunity after inverted H and S formation and nice reversal, wait for a correction and bounce
price at right shoulder and now also bounced off right shoulder will enter above breakout only. Just watch the game and enjoy yourself in quarantine babe
Im waiting for the 8 hour entry on my new mechanical system I told you about weeks ago. 1. Im watching hour 8 on Oanda Charts. If you dont have Hour 8 , try watching the daily chart and using the 5 and 10 WMA instead of EMA. 2. Im using the 5 and 10 EMA on H8 and Heiken Ashi Green Candles. When I see green candles on H8 , im looking for the 5 and 10 EMA...
AUDNZD potentially to go up by +150 pips if the buyer manages to push the price to the 1.0930 resistance level, unconfirmed inverted H&S was formed and we need for the price to breakout the resistance level 1 before placing any buy order. **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole...
AUDNZD has been a weird pair. Ultimate trend down, but stuck in a range for 7 years already, and no breakout in view. For now, I do see it go long, and potentially trap buyers, but we remain neutral on that for now. Currently, I am eyeing an entry on H1, with the Corrective Pattern broken and potentially getting a retest now. Further confluences are as following:...
The price has created the trend channel heading towards the support zone where is expected to bounce back towards resistance.
two scenarios that can play out. monitoring circled zone
Harmonic pattern: Gartley tool: fib retracement target price and stop loss
The Ingenuity Trading Model is a Geometric Hidden Markov Model with specific inputs related to Price, Time, Volume, and Volatility. Our Algorithmic Trading Model offers real-time buy or sell signals with specific entry and exit prices.
Price failed to respect the 4hr trendline after hitter a major resistance level at 1.10000. Price is continuing downward in the counter-trendline. We see that price broke the 1.08250 level and is now in the process of retesting it. We are waiting for a pattern or candlestick formation to form to place our trade. Tp set at 1.07500 because there are a lot of buy...
Possible breakout for AUDNZD wait for confirmation on lower time frame Wait for monthly candle close above trend line Possible divergence in making
In this analysis that was pending, we see a strenghten of Australian Dollar/ New Zealand Dollar. In Daily timeframe we see a clear bulls are go back to the demand zone and this is so positie for bulls, becuase bulls are trying with success that bears don't slump the price. The trend is clear bullish!!! In the H4 timeframe, in the Sunday's yesterday when...
The red line is the Point of Control of the Volume Profile, witch means where market participants have been the most active in the market (most volume). It is considered as strong support in an uptrend. Here Price just rejected this key level with a strong engulfing candle, indicating that the price will be continuing upwards. I am looking for a good entry to...