According to the analysis that we made, price will move sideways between 1.1660 and 1.1580 zone. Selling at the resistance line of the contracting triangle is the first trade that we'll give it a go If we can reach to the bottom of the triangle, next trade will be a buy from marked zone. Good luck -------------------- Thanks for the likes and support. Feel...
We're trading at 618 level of the daily move. Price is showing signs of short term reversal which we're planning to take advantage of. Need a signal at the 84-84.20 zone in order to execute Good luck ------------------------- Thanks for the support and likes, feel free to comment
If we look to the DXY idea we expect USD weakness. The DXY is made up of 58% EURO. Which is why there's a heavy correlation between the Index and the currency pair. If we expect USD weakness we must expect EURUSD to move higher, price is currently sitting at the key support much like the DXY sitting at the $95.00 resistance level. If price holds at this key level...
price has come into a significant level on gbpaud for a drop
Price move of pair into zone above or below extends to next zone above or below as shown www.trading-equity.com
Recent price action: Neutral Pattern: Asymmetrical triangle Long-term momentum: Bullish Short-term momentum: Bearish Bias: Neutral Action: Price needs to be trading above the 111.2 level and trend resistance to consider a long position. Comments: Major indecision happening in this pair. U.S. trade war keeping price ranging
Recent price action: Bearish Pattern: Potential head and shoulders Long-term momentum: Bearish Short-term momentum: Bullish Bias: Short Action: Stay in the trade until price hits weekly support then close the position. Price needs to correct and find a area of resistance. Only after there is a strong bounce off that level consider taking short positions...
Recent price action: Bullish Pattern: Potential inverse head and shoulders. Long-term momentum: Bullish Short-term momentum: Bullish Bias: Long Action: Ride current U.S. trades to weekly resistance, sell, then rebuy after price finds support again. Would be nice for price to retest 29 EMA for support. Comments: Price is finally trading above all EMA’s. Price is...
Recent price action: Bullish Pattern: Potential inverse head and shoulders. Price would have to reject off weekly resistance, find support near daily support, and move back above weekly resistance. Price has also broken out of its corrective phase. Long-term momentum: Bullish Short-term momentum: Bullish Action: Ride current U.S. trades to weekly resistance,...
If 147 continues to hold It wouldn't surprise me to see the bulls make a run at some higher levels. If they're really serious I could see 160 being hit over the next months/year or so.
with the first and second target being displayed, expecting gbpaud to see the 1.7500 resistance zone and above, after a deep fib retracement and some technical analysis
cypher pattern spotted on gbpjpy , in line with other technical analysis . first and second target dispalyed
If you dont know how to trade with this analyses, please look at the related ideas at below Use %2 Risk Management we are not trading for D point, Price may not come to D point we will enter trade When price will come to D point of the Pattern D point is end of Triangle At the related ides, there are the rules of target and trading Strategies Good Luck
Not trading this pair yet, but keeping eyes to see what formations we can get. Potential setup for Hartley harmonic pattern
I am still learning the markets but a quick mark up of AUDUSD has me lead to believe that the pair will drop slightly and consolidate, before dropping to the macro trend line and bounce off to continue rise.
WE'VE WATCHED THIS PAIR FOR A WHILE, IT HAS BEEN CHOPPY BUT JUST LIKE GBPJPY THE BEARS CANT' SEEM TO GAIN CONTROL. THIS PAIR COULD MOVE UPWARDS TO 1.33 LONG TERM WE FIGURED WE WOULD TAKE 40 PIPS OR MORE BETWEEN NOW AND SUNDAYS GAP! STAY TUNED IN!
Price respecting supply zone / 50 fibonacci level. I am looking for a break of counter trend line then retest before going long. This is a setup I have in mind for CAD news tomorrow morning, and will look to enter around that time. Only enter after solid confirmation :)
Action to Take: Go Short, enter sell at 130161 stop Take Profit Level: TP1 129615, TP2 129372 Stop Loss Level: 130481 Additional Factors: Timeframe: ~ 24 hours Total Risk of Account Equity: 2% or less