Daily charts represent series of data points where each data point is comprised of the price movement for a single day of trading. This chart type has been used for a long time by traders and typically applicable for swing or position trading.
Watch very closely what happens in this area. We can short gold to about 1235 from where I expect a bounce. There might be a pullback or some reaction at 0.75 fibonacci level (right now price is very close to reach that line). Once we are inside the outer Gann band watch the moment when Chikou span of Ichimoku hits the price. Then we will have some consolidation ...
Hi guys, I share with you my technical setup for USDJPY for the next days.
The chart speaks by itself.
If you find it useful please hit the like/follow button and leave a comment :)
Happy trading!
Hi guys, I share with you my technical setup for CADJPY for the next days.
The chart speaks by itself.
If you find it useful please hit the like/follow button and leave a comment :)
Happy trading!
GBPAUD has been performing as I expected and predicted on my YouTube channel some time back. With the completion of wave 5 to the top of the structure, I have been in a short and expect wave 6 to complete to the bottom of the structure over the coming weeks. If you are not in the short already, there is an opportunity approaching to enter this trade.
There is a ...
Hey guys !
Here is a nice sell entry on GBPJPY .
Accumulation of :
- Breakout and retest of strong trendline ( blue )
- Double bearish channel
- Fib / resistance zone confluance
- Standard deviation
- Overbought
- EMA50
Good luck ! :)
ETHUSD DAILY UPDATE - 21/06/2018
Correction of cycle from inception to 1,420.00 high is called completed at 358.40 and while above this level, we should see more upside and a challenge of 832.37 to initiate a bullish sequence. Until then, the altcoin is navigating within equal leg area at 581.61-174.72.
From 358.40, ethusd bounced in and is showing a motive 5 ...
Hi guys, I share with you my technical setup for EURJPY for the next days.
The chart speaks by itself.
If you find it useful please hit the like/follow button and leave a comment :)
Happy trading!
BTCUSD DAILY UPDATE - 21/06/2018
What makes the daily bullish is the motive 5 waves to 19,666.00 high, because since that level, we see lower highs and lower lows ... So that motive 5 waves does not call the end of the correction. Daily time frame is pretty long term view for an individual trader.
Now, break of 6,427.16 few sessions back was disappointing for ...
Hi guys, I share with you my technical setup for AUDJPY for the next days.
The chart speaks by itself.
If you find it useful please hit the like/follow button and leave a comment :)
Happy trading!
Hi guys, I share with you my technical setup for GBPCAD for the next days.
The chart speaks by itself.
If you find it useful please hit the like/follow button and leave a comment :)
Happy trading!
Whats up guys !
Here we have a nice potential short entry on USDJPY .
Accumulation of :
- Fib confluance
- Resistance zone
- Bearish channel
- High bearish momentum
- Retest of daily trendline ( blue )
- Mini H&S Pattern
- Obvious 70 Pips standard deviation
- Below SMA 100 ( SL protection)
Hi guys, I share with you my technical setup for AUDNZD for the next days.
The chart speaks by itself.
If you find it useful please hit the like/follow button and leave a comment :)
Happy trading!
NXS looks like it finally may turn around here if the daily closes around this position. It formed a tweezer bottom, possible bullish spinning top reversal candle, and is close to our expected support zone in both price and RSI.
FLO is a hidden gem on Bittrex. Of course, keep up with the project and make sure it's actually going somewhere. Might be heading out of the triangle soon. RSI on the daily is finally oversold. If it hits its previous ATH, that's over 500%. Yep, over 500%. Have a small bag of it, kind of my "for fun" gamble coin.
Hi guys, A simple analysis in order to anticipate future movements of AUDJPY according to trendlines in H4 timeframe.
Short term: the pair is bearish with a target on the low line of the formed ascending channel H4/D1.
Medium term: the pair may rebound on the trendline and come back on the top line of the formed ascending channel H4/D1.
Hi guys, USDCAD is at crossroads. The pair has reached the weekly downtrend line this week and at this point there is 2 scenarios:
1. Breakout next week and the pair might potentially reach 1.35-1.37 in the next few weeks.
2. Reaction on the trendline and the pair might potentially reach 1.2300 in tge next few weeks.
Let's wait next week what happens.
