Gold has rejected the support levels for months & is respecting the uptrend after all the confluences are met. Im looking to aim towards the resistance level & bank some pips throughout the day if market behaves
It is still to be seen if larger structure in Ford will play out: At the same time on smaller timeframe, NYSE:F may be in process of forming inverted H&S. Yesterday's gap down on credit downgrade was bought rather nicely, and while sentiment on company still remains negative, it may actually push the price much higher. In H&S trade, I would be looking to...
AFTER CATCHING THE 166 PIPS DOWN IT NOW TIME TO CATCH IT BACK UP. WEEKLY KEY LEVEL HOLDING WELL ON 4H CHART.
A trough is formed in daily chart at 81.12 on 05/09/2019 buy for long term and never miss. Take Profits: 82.20 82.55 83.35 84.25 85.25 86.30 88.45 91.65
i call it the cross formation that you can see on the chart it has a very high probability since it forms in a trending market so i expect the price keep changing trend to upside and downside until we get to range and correction conditions
Australian Dollar / New Zealand Dollar FX:AUDNZD H4: Tendency: Upward Above support waiting signal= BUY Don't Forget to Follow, hope you both Enjoy The Graph and My Efforts
Following on from my analysis on the 30th of March and possible long trade set up. We can see that the support confluence area held and we were over 3 quarters of the way to my target. Today has seen the bears take control as EURUSD has plummeted since the this morning. We are now at the 38.2% Fibonacci retracement level of the move up from the low of the 29th and...
USDJPY has been trading within a huge ABCDE corrective triangle on the weekly chart. We have scoped down to the 4H chart to find a solid entry to a long position with extended profit targets. Entries would be placed around current market price with a stop loss below the low around 109.000 - 109.110 & aim for targets of 110.000 & 118.000. Updates will be...
Hello all, Please consider checking that idea for Apollo hospitals. I can see a Hidden Bullish Divergence in a daytime frame also sitting on their support. I can see a sharp bull trend is coming in a couple of weeks. What is a Hidden Bullish Divergence? A) When value makes a higher low (HL), look and check whether the oscillator does likewise. In the event...
Expecting Bajaj finance to touch 2500 tommorow. Positive Divergence, Bullish Flag in Candles Great Results, Buy 2 lots, Exit one lot at 2495 and add it again if it crosses 2505 and stay long, can expect 2700 by the end of this week if things remain bullish
USDCHF support area confirmed with mid range line and 50 fibonacci retracement Target area 0.618 fibonacci retracement matches with mid channel line Risk/Reward 1:2
So no breakout... instead a rejection, which means I'm switching bias! Who thinks the rally we saw in coffee last week will form the year low? Possible ins't it? I'm still overall bearish, but based on the reaction we saw from support at 113, I think we'll see a retracement before we get back down below the current year low. Since we saw this reaction off the...
Long idea for a potential long trade on the #EURGBP after it hit a major ascending trendline. Best of luck to all you traders out there! - your untypical trader guy
-Hear the end of the first wave and possibly the beginning of the second which is expected to be 2 times the first. watch for break in resistance range between of 0.08000191(stop loss set bit below this.) and 0.08130818 ( serves as confirmation for second wave). -MACD indicating an increase in momentum as the lines go above the 0 though RSI indicates an over...
The pair has bounced off the deep correction lvl 78.6 FIB. As we can see it's resting now on the Monthly lvl of support and has broken CTL as well. On my opinion the pair has made new higher low and ready to go all the way up to 1.4600 min.
FX:AUDUSD In this trade we can see a nice preceding bullish trend heading towards an area of resistance, next we see a nice pin bar candlestick which tells us that the bullish power might be transitioning to the bears. Confirmation is needed for me, so i executed a breakout entry below the low of the pin bar candlestick or also called Indecision...