Setup: Holp reversal Trade rating: 4/5 Reward: risk: 2:1
GBPJPY sell 156.666-157, sl 157.5, TP 156-155.6 Technical analysis is based on AC + fibonacci retracement in H1 timeframe
Huge R to be gained potentially. We are in the middle of a bearish retracement on daily, with bearish price structure printed on intraday timeframes. Bouncing off from supply zone, and should hopefully break out of this range. I think this could be the time. TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY
gold price made triple bottom at 1620 but veridical bullish trend was started after November fomc and it went straight up to 1824 bottom to top price has made 12345 leading diagonal chart pattern. Or you can say buy the rumor sell the news of lower size of rate hike lower trend line has been breakout and now retesting that line again as resistance near 1791...
Nice little swing trade on EU here. Could take some time, may not. SL highlighted just under the boxed zone, TP at the base of the highlighted box above. Higher lows consistently being made, and this is based on H4 higher low + bullish retracement on daily before another continuation of bearish cycle. EU SLs are around 1.0200 zone. TRADING IDEA --- NOT AN...
The price is currently at the peak and near to the supply. Based on market structure,the price will go at discount price after a rejection . Please follow me for more simple trading idea. #garisterus
Huge Shorts incoming for AUDNZD, H1/H4. First target is 1.07, when H4/daily support zones for next targets. Lower highs formed, and price has been ranging, though on multiple occasions with strong rejections from supply/res zone. Bears are dominating and will push the price further down. TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
Nice 123 Higher low swing on GBPCAD. Should continue the upward momentum shown on Daily/Weekly charts. Appropriate TP2/TP3 zones can also be found on resistance levels on the Daily chart. TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
EURNZD nice pivot point and rejection at supply zone. Looking for continuation of bear momentum to the highlighted demand zone. Let's see how this works out!
Euro Sterling H4 potentially will continue weakening towards classic support at 0.8584 supported by bearish divergence. Euro Sterling will weaken as long as it doesn't penetrate the resistance at 0.8700.
USD/JPY h4 is in the supply area and has been rejected several times. The downside target expectation is at the 138.40 area with resistance at 142.50 area
USD/CAD H4 has broken the Inverted Head and Shoulders pattern. Expectation downside target is in the area of 1.3225 with resistance in the area of 1.3440.
price is making triple top at 1.00492 horizontal resistance it has made rising wedge pattern which is ending right at the resistance. if it break lower yellow line than there is huge risk to down that price going back to support where the chart pattern started based on current price - long on retest of lower yellow line than waiting for breakout of upper...
Nice shorts on GBPNZD - 123 lower high to the bottom!
The level is broken and we enter the price correction LONG
Last week we saw price took out the sellside liquidity in the old lows below, before Friday last week we saw price distribute slightly lower, were now currently at deep discount on EU and were going to start seeing smart money push the price up. as I we know, smart money buy at discount and they sell at premium. we already have an institutional backing on the...
gold price first went up when fed said rate has reached neutral but later in august fed made clear that rate will go above 4% and price collapse again below the last low 1680 but wave count from bottom 1680 to 1802 ended with a ending diagonal pattern before fed confirmation now wave count from top 1802 to 1621 is ending with its wave Y 100% projection at...
gold price are coming down making lower low with lower high inside a parallel channel resistance upper line of the channel support lower line of the channel key level 1690 - 95 1600 - 05