Perfect Gartley Formation with an ABCD Competition in a Downward Channel Look for Targets at 1.1215 for T1 and 1.1255 for T2
For now I expect the tiny support area around 1.3408 to hold for a quick move up to the top of the corrective structure. If we can see some follow through from there 1.3475 and 1.3530 would be next. If the support fails on the other hand I expect the support zone between 1.3340-1.3360 to attract some more buyers.
Older iphone users herd upgrade. Will it continue into next year or just this quarter? Earnings just around the corner.
Still in a ranging environment on the higher time frames, shorter time frames can present some short term trading opportunities. Depending on how price reacts to the small support zone around 1.8200-1.82150 I am considering to go long with my primary target at 1.82500 and second target just shy of 1.83000.
Along side my trend channels and range trading, I like to use this set up for some extra pips and when back tested works very well over most months (Will probably move to only this strategy when I can guarantee consolidation is not taking place) It cuts all emotions out of trading when I use it with the right money management. Everyone should know that moving...
My setup is telling me that EU will go to 1.14 and after that will drop as stone in the Water I know nothing....
Went long at 1.54450 and looking to target 1.5500 primarily. 1.55300 is the extended target. My apologies for not posting a more thorough analysis due to lack of time. Unfortunately I also was a bit late with posting my trade idea on TV.
Consolidation prior to London open indicating a possible follow through by the bulls after the asia session once London opens. First target level is 115.800. Second target level is 116.100.
My notes on the ICT Breaker concept. The Breaker The open float usually gets knocked out by the Smart Money. When that happens, the move up to trigger stoplosses is called the breaker: Bearish breakers are runs lower Clearing out the previous low Transforming in a bullish market The bottomlevel orderblock will not be reached by the retracement down ...
1) The pair has been making consecutive higher highs and lows in confluence with the overall bullish trend 2) Most recent bullish move = 3rd bounce of ascending trend line + upwards moving 200MA 3) Possibility for new highs on the pair @ 0.7500? 4) Target 1 0.74093 in confluence with 61.8 fib level 5) If price holds above 0.74093 we may see Target 2 @ 0.74998...
Price broke out of the down channel. And looks like will continue its climb up to the highs of the range we are in since brexit ..
Wait and price will be trapped in the blue box. Later it wil go up with trend support. When this happen buy.
Providing we clear the blue bias line we expect price action to move to targets as shown. Bat pattern completion.
Possible bottom bounce off the Daily Upward Cannel Price has entered strong previous support/resistance level Price has broken the 4HRLY Downward Channel RSI is oversold Wait for candle stick reversal pattern Wait for RSI confirmation of bullish divergence Caution - High impact US news this week TP1-38.2%, TP2-61.8%
On the daily chart price has been bulish 7 out of 8 days and if bulls are able to remain in control a move towards 1.7750 is very likely in my opinion. I am looking to benefit from such a move with a lower time frame entry. Looking to go long from the 1.7250 area with my primary target just shy of 1.74 and my secondary target at 1.7750.
Pretty similar to the setup on the cable. Looking for a retest of 1.12350 to go long up to 1.12555 and in extension 1.13050. If 1.12350 folds I think the zone between 1.1190 and 1.12050 can provide new support.
In a hurry today so unfortunately not able to write a description. My apologies.
Quick play before today's interest rate decision with a possible extended target if the trade is in the green once the news come out. In a hurry so unfortunately not able to write a detailed analysis. My apologies.