Resistance in 0.7750. Waiting support break in 0.7650 or reversal. Impuls still running, see when corrective begin. Good position to sell in 0.7700, SL 0.7770, TP in 0.7600. Breakdown the timeframe to see pattern in H1 and M15.
Resistance in 1272.00. Waiting for corrective finished, looking for entry sell in 38%-61% of fibo retracement. In picture above, the sell in 38% of fibo in 1243.70, SL in 1272.00, TP1 1229.69 and TP2 1215.45. The position is not good, risk/reward (R/R) of TP1 below 1. For better entry with lower risk (R/R>1), breakdown the timeframe, H1 and M15 to entry sell.
Resistance in 0.7820. Sell AUDUSD in 0.7773 (area 38%-61% of fibo retracement), SL in 0.7840, TP1 0.7700, and TP2 0.7650
EURUSD H4 in corrective, resistance in 1.1380 Sell in 1.1296, SL in 1.1404, TP 1.1173.
USDJPY H4 is still uptrend, above 45 degree. Buy in 110.28 with SL in 109.21, TP above the 111.60
USDCHF H4 is still uptrend, above 45 degree. Buy in 0.9693 with SL in 0.9580, TP above the 0.9790.
NIKKEI JPN225 bearish divergence in H4 and H1 SHORT
Hi there! Here we might see a possible Bullish Cypher pattern setting up. In the comments below I will share with you a Link where I teach you how to trade the Cypher Pattern. Best Regards, Errol Muller
Pattern in H4. Resistance in 1290.00 Wait and see the wave in minor trend (H1). Open sell when the top is fix (see in M15) to minimize the risk.
Crude USOIL WTI H4 bullish divergence RSI SHORT Major resistance is 45.75 (0.23 fib of june 2015 highs decline). 40 will be the short-term target, needs a decisive break of that to go lower towards 38 or ultimately 35. twitter.com
Hi there All you Forex Traders! We might see a possible Bearish Gartley Pattern setup here. In the comments below I will share with a link to my You Tube video where I share with you how to trade the Gartley Pattern more Profitable. Best Regards, Errol Muller
Hello! Errol Here, I know the markets has been very tough from the beginning of the year. If you know your system and Stick to your trade plan, you know your system will produce results over time, then stay positive and keep trading your plan no matter what. NEVER GO BROKE so make sure your account size allows you to handle draw downs. In the comments below...
USDJPY has formed and been trading within this descending channel over the last couple of weeks. After a failed retest of the 114.00 levels, it looks as if USDJPY is on it's way down. Prepare for a retest of the lows at 110.667, as well as a potential bearish break out. Market expected to head toward 110.00, 105.00, and eventually 101.00
Hello! In the comments below is a link to my Youtube video which I just did on this pattern
Hello! In the comments below is a link to the video which I just did on this pattern
Hi there! Click the link in the comments which will take you to the video I just did on this pattern