Divergence has formed on the MACD on the AUDCAD, together with stochastic overbought conditions. I expect a retracement back into the previous support level.
This buy signal is based on a bullish divergence.
On the AUD/USD I'm late on this but I'm posting it anyway because there's still room to enter this trade. Fibonacci: Price seems to be reversing. It broke the 0.382 Fib level confirming a reversal. When I draw multiple Fibonacci from the recent swing high to multiple swing lows, there's an overlap at 0.74478 which indicates a strong support. Elliot Waves:...
Se ha roto una tendencia bajista en 4H, 1D y 1W. Se ha roto una tendencia bajista del MACD Ha realizado bandera ABC (falta por llegar al punto C)
Seeing a couple confirms for EURUSD Bearish slide down today. Will see how the Sydney session plays out before posting any update impressions.
Divergence has formed on the MACD together with stochastic oversold conditions. This makes me this we will see a retracement back into the previous structure.
A divergence has formed on the MACD together with stochastic overbought conditions. I expect to see at least a small retracement back into the previous structure.
On the EUR/JPY Fibonacci: Price seemed to retrace a bit to 124.791 (0.618) but I'm not sure if it will hit it if so, that would be my ideal short entry. When I draw multiple Fibonacci from the recent swing high to multiple swing lows, there's an overlap at 124.784 which indicates a strong support. Elliot Waves: I see the 4th wave has formed but it doesn't seem...
Hey, guys. So I'm trying hard to work on my chart reading skills. I would like to post a couple charts with my analysis and possibly get some input from this group. I'm pretty new to Elliot Waves and Fibonacci Retracements. Anyone willing to participate? I'm hoping we can learn from each other with this. On the EUR/USD Fibonacci: Price seems to be retracing. I...
We see a divergence forming on the MACD of the 4h EURAUD graph. I expect to see a retracement down into the previous support level.
A divergence has formed on the MACD in the AUDCHF pair, I expect to see a rally into the previous support level.
opportunity with 500+ pips in profit or upto 900 pips Roller coaster
higher timeframe is in uptrend with a weakening trend strength which means to resort to the oscillators intermediate timeframe is showing a strong uptrend with a flattening short term moving average- indecision/potential consolidation price action is telling me that there is a resistance at the 341.6x area with the triple pinbars MACD is declining and starting to...
kinda late to post, but my current trades look like that (Watchout for reverse similiar pattern on EurJPY 4H)