This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Trading zone to zone can be made simple with the understanding of smart money concepts.
In this example, the price pushed away from the bearish order block that created the initial dive.
Once we got bearish confirmation, we refined our entry and placed our order.
Now we sit on our hands and manage risk ready for FOMC
Good luck!
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hit the LIKE BUTTON if you like this setup.
from daily chart, i can see a nice Head and shoulder Pattern already forming the right shoulder. Market currently at nice entry point(right shoulder)... we have much better chance of bagging somuch pips if this goes right.
EURAUD sell setup is gradually taking shape. We've been on a downtrend since August 23rd and we're presently around the 50% Fibonacci retracement of that bearish wave. Yesterday, we got a bearish candle and another bearish close today should give confirmation of the sell
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.6142).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.6142).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
FX:EURAUD [/symbol
Friends,
[ b]H&S pattern and rising wedge are brewing on EURAUD (1D TF) with a potential price move of about 1000 pips (10,000 ticks) if measured from resistance area formed by left shoulder (potential right shoulder) to height projection of the H&S from it's neckline.
2 sell positions will be appropriate with TP1 @ the neckline while...
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURAUD price is standing now at the higher low level of an uptrend line in 4H timeframe chart.
Buy at 1.6070 until 1.6050
TP1 1.6120 TP2 1.6190 TP3 1.6260
SL 1.5995
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
As with all my set ups this week i'm testing a phase and entry style based upon a couple of things and a very straight forward criteria lets see how this plays out
what are your thoughts........?
