Price is approaching our first support at 0.8766 (horizontal swing low support, 50%, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur above this level, pushing price up to our major resistance at 0.8833 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic is also approaching support which might be...
In this pair, we see nice opportunity to place a pending order to make profit. Because, if we see weekly chart, we can see a perfect pin-bar for going down sign. In H1 chart, we also can see a strong resistance level with a perfect pin-bar position for going down more. In D1 chart we also can see a great breakout from uptrend to downtrend. And also running another...
I HAVE TWO AUDNZD BUY STOP ORDERS IN PLACE. PRICE HAS CURRENTLY BROKEN A MAJOR ZONE WHICH GIVES ME REASONS FOR PRICE TO CONTINUE ON UP TO TAKE PROFIT ONE @1.08600 & TAKE PROFIT TWO @ 1.10000
A quick analysis of the 1HR chart, Waiting on the next few candlesticks for confirmation on the next move. Both 1H and 4H showing divergence on STOCH RSI for the possible bearish move and break trend support, waiting for more confirmation on this. Price has tested 0.882 for a double top and possible triple top. Will be waiting for RSI to be oversold and coming...
In H4 chart, made a nice breakout level. So have very much chance to go down more. First learn, then earn..........
EUR/USD CAN WE SEE YEARLY HIGHS BE MET THESE UP COMING WEEKS??? This trade is taken off Lower Time frames 4hr-1 hr Last week closed as a 4hr bullish hammer !!! We also had our 3rd bounce off our Daily timeframe and moving averages crossing on lower time frames * * Comparing this chart with the DOLLAR INDEX this past friday we closed the week with a Daily...
We have some nice potential trade setups here forming. Looking at how price has moved historically can allow us to predict future price movement and trade along those lines of Support, Resistance, and associated Trendlines.
Strong rejection at resistance level and now looking to make a move back down to the previous down trend channel
Daily chart shows short term reversal followed by small rally.
we see that it will formed harmonik pattern and now we need to wait to reject from weeklly support and we expect to turn to up trend and deals for buy
If OANDA:EURJPY drops below 131.16, we can see a possible sell opportunity to area around 130.70
As we can see the greenback has had good data in the past but we haven't seen that breakthrough we are expecting. When will this happen we keep asking yourself but we must maintain our patience. From my mark ups you can see my technical analysis based on news and patterns. What I see is a bearish flag pattern forming and slowly developing and for sure 0.68 are...
GBPTRY forex cross pair new weekly demand imbalance created around 5.33. Previous weekly demand level created around 5.33 playing out. Longs at new daily and weekly demand zones
USDCAD has broken both uptrend lines and we have some solid bearish candle formations on the higher time frame. A sell limit was also tossed in the telegram which has been activated. The trade taken is the setup on this chart
MAJOR INVERSE HEAD AND SHOULDERS ON SUPPORT BUYS TO 1.25100 VALID AFTER PRICE BREAKS TREND LINE 170 PIP MOVE TO RESISTANCE