AUDUSD Technical Analysis AUDUSD has been in consolidation zone since early 2016, the price barrier was from 0.6884 to 0.7773. Auzzie tried to breakout through this area numerous times but failed. However, last week auzzie smashed through previous resistance, and on Monday it retested the new support 0.7785 (previous resistance). Since AUDUSD has finally broken...
AUDUSD Technical Analysis for 4H/D After the bearish structure was broken, price tested the trend line (Bearish) three times, also formed bullish engulfing. We also saw higher highs, high lows, with very strong support, the new price ceiling was broken and, became the floor which was also the weekly support 0.7773. Price retested the tl/support and shot up. MA's...
Weekly Bullish close - Waiting for a deeper pullback to look to buy at the 38.2 Using Shark C-D Take profits as measurement for getting back into the trend
Short bias - Yellow Boxes are entry points once break/retest - Bearish Shark 1.13/1.13 - IF DAILY CLOSES ABOVE .745 Pattern is invalid/88.6 retrace was correction before continuation - MULTIPLE SCENARIOS ALWAYS WAIT FOR BREAK OF STRUCTURE/RETEST
Two deep Bearish Crabs - Resistance area around D point is strongest - Look for rejection and higher lows/structure to get broken before shorting to the 38.2 TP A to D IG : @ hitechceo
USDCAD possible Bat, Trendline/Previous Support now resistance waiting for 4h/daily rejection before shorting. Possibly long term just need strong rejection
as we seen a RISE YESTERDAY and then a NICE clean fall this morning im anticipating a recovery RISE for the asian session on this pair as i believe we are still in an OVERDUE MAJOR long term position lets see how this goes TIP on trading WHEN i trade i enter PENDINGS as hedge orders BIGGER then my original order just in case markets go opposite direction or...
Waiting for a break out of a h4 Descending triangle - if B point breaks I expect AXA 127 to be hit...then will look to go Long - RicoForex
QP = Quarter Point AUDUSD Gartley - ABA expansion 1.272 - D 78.6 ABCD projection 0.7000 Major Quarter Point acting as Psychological barrier/Support
Large Gartley Pattern setting up with Confluence plus an ABCD pattern and Quarter Point IG: @ RICO FOREX
Long Trade based off uptrend market 50% fibonacci rejection/ never chase price always wait for retracement for better entry points Follow me on Instagram: @RicoForex
Long Position possible break of trendline Follow me on Instagram for more @RicoForex
Quarter's Point Confluence - 1.35000 Deep Bearish Crab ABCD pattern completion Bullish Gartley Continued Uptrend - Daily candles closed above 78.6 and above 1.30 QP Wait for zone to be hit - then for some type of bearish structure to form before shorting. Follow me on Instagram @RicoForex
Follow me on Instagram @RicoForex or simply visit www.RicoForex.com Nzdusd Possible Bearish Crab setting up, Break of a 1h trendline indicates possible break of structure. Aiming for 2.24 ABA expansion as well as 1.618 AXA expansion
this is a correction to the projection that i posted on sept. 22nd . with new TP'S
AUDUSD: Similar call to Gold.. the most i see before a good short is a retest of the next opening daily candle stick , or a continuation to 88.6% a lot of pips here, may take a week or more. join our telegram for more calls ! telegram.me
EURUSD: DXY losing downword momentum, may retest with the next daily candle stick opening …
DXY looking downward momentum, the most push up im seeing is to 1347 then down from there if price continues up. should see a retest with the next daily candle stick opening if waiting on a tigher entry..