I am expecting to see a reversal and a retracement on GBPCHF as indicated in blue on the chart above. I will be trading the retracement and will then be looking for a reversal confirmation in order to complete wave 4 to the upside on the weekly time frame.
Let's try again to catch some pips from AUDCHF, high risk!
1. Retest the Bear Flag
2. Old resistances
5. EMA200 on 4H
7. You can wait for some retracement from lower timeframes!
Good luck, if you trade it you need it :)
EURCHF is in short trend where it touched support on friday DAILY candle and got pull back until end of day.
I would wait for another touch and bounce up and another strong long candle before going up.
Iv'e been waiting for this setup to confirm for a while now and have just entered the long position. Looking at the structure indicated in blue, we can see the initial impulse wave on the left of the chart, indicated by the first blue arrow. Then we can see a corrective structure which is in wave 3 to the downside at the moment. I have entered the long based on...
PAI is at the bottom price zone and has signs of growth again compared to the lowest price range.
Highest price in July 2018: 11396sats
Lowest price in February 2018: 704sats
-> price has decreased by 94%
Current price: 1467sats, higher than the bottom price of (> 100%)
I think this is a good time to buy and hold PAI when coinmarketcap has just updated PAI...
That green area is a daily bearish orderblock that is now being used as a resistance for the third time.
So far this is the longest consolidation inside of it since we broke below in March 2017, which is a good indication that the resistance is weakening and may be broken anytime.
On the 4H chart, we've hit the local sweet spot for a retracement and are...
USDCHF sell top down analysis video describing everything in depth on what I see
**Make sure to learn from everything the market is telling you and always stay a student but chase to become the master**
Pair reached a strong resistance on the chart. Has been rejected here multiple times. This market has been ranging for a long time. Big and small triangles on multiple time frames. target is bottom of the range. First profit take at .618 fib.
Ultimately a carbon copy of the USDJPY set up; the strengthening of the yen has produced another bearish 5-o movement. We have a solid support at 112.5 which has now been broken; price action dictates that a retest of resistance at the former support level would produce a bounce- at which we will enter and take profit at the C(4) point.
Just like before, within...
Forex markets throwing bats across the board this month- here's the layout on the pound-frank.
The pair isn't really going anywhere, gallivanting aimlessly sidewards since the turn of the year. That said, lows have been getting ever slightly higher over the past 3 weeks; shall this continue, we should see another low at 1.243. A reversal at this price would see a...
FX_IDC:USDCHF suddenly shot up and stopped my previous short. So far it indeed got rejected at a daily forming a nice reversal bearish candle. Same parameters as previous trade.
Previous Trade Idea:
TP: (tp1) 1.005 (tp2) 0.9999 (tp3) 0.991
Any feedbacks are...
The daily chart on the cad-frank hasn't trended well in recent times and is currently in a declining channel. Scaling down to the 1 hr chart, price has reached the top of that channel just short of the .886 retracement of the bearish bat. This is the ideal time to get in short with a stop loss just above the X coordinate. As per usual practice, indicators aren't...
FX_IDC:USDCHF looks like its having difficulties breaking through the 50MA so it looks lika a good short opportunity.
TP: (tp1)1.005 (tp2)0.99997 (tp3) 0.991
Any feedbacks are appreciated!