Australian dollar going Up... look at that Gaining momentum. Lets make some money Guys!!
That is my H4 timeframe, if you want, you can get it this analysis!!!
The pair GBPJPY has a support line with 3 touch at least. If the price breaks down the line and the volume confirm it, we can establish a short position.
I'm new to TradingView and have only been researching for a few days so feedback is appreciated. I believe simplicity is key here. I have seen so many analysis publications with 100 different colours and lines. Its just confusing! I've marked my 4 Hour/1 Hour Support & Resistance lines (In Green & Red respectively) of which the wicks touching are...
USDJPY BUY ENTRY: 113.25 - 113.35 SL: 113.05 TP1: 113.60 TP2: 114.00 TP2: 114.50
USDJPY SELL #FOREX ENTRY: 113.85 - 113.90 SL: 114.20 TP1: 113.50
RESPECT THE TRENDLINE, STRONG DAILY CANDLE BEARISH CLOSURE WERE ALSO TRIGGERED.
Hello Traders, AUDNZD Breaks the down trendline in bullish trend, and the breakout candle is looks like power candle , so we enter buy in the breakout and place stop loss at next low and the take profit is next Resistance level Entry Details: Pair: AUDNZD Order: BUY Entry : 1.04755 Take Profit : 1.06071 Stop loss : 1.03834 Risk Vs Reward: 1:1.43
This is a current trade I am in where I am expecting price to rise to major trendline. Due to how this trade has played out, I have moved my TP higher as I now believe price may rise to where trend meets daily Res. I have also moved my SL to just below major trendline. If you look on my previous post for this pair you will see my previous TP and SL.
I am currently in this trade sitting in profit. However, I have found a promising opportunity for a re-entry. Whilst in the trade, price has formed a sound up trend bouncing of trend line neatly. I believe price is currently in yet another retracement to trend to then carry on bullish. This pair may see a few retracements but I believe price will rise to atleast...
This pair has been in a strong down trend creating perfectly made lower lows and higher lows. I believe price will carrying on reacting to this trend by bouncing off the trend line continuing down to make yet another lower low. I have put my SL just above weekly resistance in case price breaks through trend, it may reverse of that major resistance line. I have put...
- Failed resistance breakout 3 times plus a resistance hit and a strong bearish bar (4h) -Failed break out, resistance hit twice - looking for further down momentum (D) - Resistance hit, possible move to the trend line then further bullish momentum due to the double bottom at a weekly support (W) Possible short profit to the trend line, then looking for further...
This corrective structure is likely an Expanding Triangle with the yellow shaded region above the "upper structure line" being an "overthrow".This gives an opportunity for a short position on the EURAUD. Trade with care. Use a strategy you have tested and verified. 6.1.8. Family. More Than Just Trading.
At the moment I'm watching this pair like a hawk for a potential buy setup to ride the wave up to the complete the potential expanding triangle. The beauty about this trade is that this is the first I'm potentially going to identify an expanding triangle in real life trading. However, I'm not 100% convinced this will be a triangle based on some other things I'm...
i.imgur.com GBPUSD Daily - 253X-4X expected resistance been a fresh break on FOMC. Retest and a hold likely to see price push in for around 2200 handle. Daily close above 2540 likely to put the bulls back in control. Till then rallies likely to be sold..
- Waiting for Price to close above or below trend line - If above, good long opportunity - If below, wait for the next test of either trend line