Traders we have been watching EURUSD for a while as it struggles to break above its previous highs and is sitting within a weekly resistance zone. We are looking for a break below the daily lows for opportunities for a short position. Weekly chart suggests a weekly retracement could be playing out. FOMC last week stated they expect to hike rates 1 more time this...
Looks like this has hit a nice bit of resistance. It is looking like it may break the red support line and travel near the purple line. 50 EMA on the 4H shows that price hasn't met with the 50 EMA in a while. 1H shows that price hasn't seen the 200 EMA in a while. SO I am thinking that it may be met near the purple support which is weekly BTW. Also the Pound has...
GBPNZD making the flat right now. Go short, when break the trend line
GBPAUD just broke the trend line. Heading for the pullback.
USDJPY is making pullback right now. Wait until it completely passes the trend line then go long. Wave C usually is a impulse wave, so it maybe go really fast. Take the opportunity guys.
The impulse start to make small correction. If it passes the trend line. More pips up expected. It may fall down at any time, Be careful with this chart because I think wave C is not finished yet. These are my options for the prediction. I will update if it gives me more info. Please follow me to get more info and signal #NAKEDCHART.
This is my prediction. It may change in the future. Wave C is making correction. It will go down some more to start go up. Expect big correction right there. Just wait for it breaks the small trend line (see clearer in 1 hour chart), it will go up. That ll be for sure. Get some pips right there first, 2 targets to go. I will update more info if it gives me a...
Never traded such a Pattern but can easaly think of a potential entry and exit strategy using Fibonacci and Price Action...
ABCD complex retracement after break of the most recent swing low provides a great RRR tredn following opportunity
Super Mario is at it again with his hawkish comment that raised the EUR versus the usd and other currencies.
After Alhabet bounced off out the exact predicted resistance level, with quite some momentum... looks like is was placed ahead of many Algo funds, I am trying to be a step ahead of the market again. Now that most arecuatios and are looking to hop up the short train a prepare some strategies for the next supprt areas. Don´t be a SHEEP be the SHEPPARD!
At the 240M the second shoulder is about to form. Looks like price will form a candlestick pattern on the 240M which is a Double Top on the 60M. Perfect run: Shorting the second shoulder for a "neck break" Going long in support until the rebound to the neck then Short trend continuation
There is nothing new under the sun. On the weekly this pair is currently in a downtrend. Price is resting at a critical resistance level. The will tell if either: - the 382 holds, hence the pice forms a double top and then continues its downtrend or - the price will form a complex pullback in form of an ABCD pattern and hence provides an even better short entry...
Sell EURCAD @ 1.49179 Stop Loss @ 1.50472 TP1: @ 1.46361 TP2: @ 1.43698 Let's make some money money....
Looks Good for a short EN: 1.06775 SL: 1.06379 TP: 1.07913 Join my Free FB Group on www.facebook.com
Looks very good for a short EN: 147.021 SL: 148.484 TP: 142.550 Join my Free FB Group on www.facebook.com
Price broke significantly through the lows of this move up. We want to see a healthy level rejection and a bearish break towards the 1.3393 level I'll keep this chart updated
Quite self-explanatory. Price made a strong breakout up to the 1.09000s (1), consolidates and creates a shoulder-head-shoulder pattern on the chart. Now currently waiting on price action reacting from the swing point (black line) and may bring price down back to the strong resistance line flipped from support (2). Thereon, again, depending on price action,...