EUR/GBP (H4) - After consolidating since the 28/09 we seem to have finally broke out the consolidation zone. I was expecting a more impressing break so a rally back into the zone before properly breaking out may be in the cards.
NZD/USD: • If price pushes up to and ideally just above our rayline I'll be waiting for a convincing impulse back down below our upper trend line, where I'll be looking for a reduced risk entry on the break of a subsequent tight flag. • If price only pushes up to and ideally just above our upper trend line I'll still be happy to wait for a convincing impulse...
GOLD- sell position now valid. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following...
AUDCAD - sell position now valid. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following...
Another short pair. Price seems to be stalling which may indicate that this is the lower low being formed. I will be waiting for an pullback and a depletion in price before moving to the hourly.
Price seems to be topping out and we may potentially reverse. I have highlighted a trendline break and will be waiting for the momentum shift before moving forward with this analysis. Once the new lower low has been created we will be able to trap the range and look for the exhaustion.
Support has been broken that has created a new lower low to continue this bearish momentum. I am using the retest of support break to look for potential entries which is slowly adding up on the hourly timeframe.
Possible Long on the Euro-Dollar Identified with the following: - Fibonacci retracement on the 0.382 Mark - Supply and Demand zones - Trendline Looking at a higher timeframe (D1), the ED is considered to be in consolidation. Take note. Heightened volatility incoming with the elections just a few days ahead.
GBP/USD: • If price impulses back down convincingly below both of our raylines I'll be waiting for a tight flag, where I'll be looking for a reduced risk entry on the break of the flag. • If price impulses back down convincingly below both of our raylines I'll be waiting for a tight flag, where I'll be looking for a reduced risk entry on the break of the flag...
- Break of down trendline - Break of H&S formation - Waiting for a pullback to the 50 to 61.8 fib area to look for a long.
We have just broken a resistance zone on the daily and lower timeframes, we should expect a retest before we reject / break the previous lower high (black box). Some high impact news out for this pair Thursday, not too familiar with this pair but should the news coincide with the PA over the beginning of the week ahead, I would expect this sort of move to come...
Hi friends the weekly chart of this market shows that it will know with a high probability after the breakout at the level that the next target is 3447 therefore in the medium term there would be an upward trend please subscribe to receive more analyzes Thank you...
Afternoon amigos, I am seeing an over-whelming amount of traders who are willing to short eurusd at the start of the market opening come Sunday, from what I've seen. I would hold off on your shorts for now, it's not going to drop - just yet. I've looked at some charts, and for the most part it is bearish and has to drop but there is a narrative that is in...
NZDUSD is forming a potential abcd pattern. the completion point matches perfectly with a horizontal daily structure and fib.retracement/extension of the last legs of a move. I will look for a confirmation on a lower timeframe next week to short the pair and catch a pullback. be prepared for a bearish reaction from the underlined zone. I will post the update...