Canadian dollar continues it's weak streak and influences from the Australian and New Zealand economies are now reacting. Taking 50% of profits by 100 pips and letting the trade run. -This idea is to clear up the confusion from Trade No.4. Trade at your own risk under your own terms. I'm not responsible for anyone's decision to follow MY idea.
Clean, beautiful and simple chart. Look at that divergence! Buy the dip?
this is a compound trade for me as I am still holding my original buys from the initial impulse move to the upside.
Bullish momentum building up on AUD/USD. Apply SL and TP accordingly
If you have any idea please share with me.
If you have any idea please share with me.
Just spotted an Inverse H&S pattern on the 1 hour chart Cycle of Power moves up into bullish zone also looking bullish on my MT4 terminal also 6800 on the cards short term and could push towards the 0.618 fib around 7400 use yesterdays educational chart as a guide for next peak...
The price penetrates Ichimoku cloud where the lines intersect each other. Moreover the green cloud is above the red which means the trend reversed and our buying zone acts now like a strong support. At the 4-hour timeframe there is Bullish XABCD pattern which can help to break through descending triangle. Nevertheless there is no strong fundamental and technical...
The price broken down through the strongest support, however it seems that market players do not want to trade this coin at the lower price. Indicators become bullish, EMA 20 is going to intersect the rest EMA lines while there is hidden bullish divergence and Gartley butterfly. The price will pump back to the Fib 1 retracement level and then it will be possible...
One of the new coins on Binance, faced a correction wave after listing. At the previous time we analyzed this coin it was at the side trend around 0.00000065, however it went down due to BTC fall. You can see a corrective pullback on the chart which is finished now and the price is again in the side trend. From this point it can bounce and go up to the previous...
The market has a good potential to touch the upper edge of the falling wedge. After breaking out of the triangle further growth is expected. The price will touch the first target then it will roll back a little and will go up again. The price touched Fib 0.786 support level and is ready to bounce, indicators confirm it. Moreover the price is at the lower edge of...