A good set up in the NZDUSD. Gartley into a 61.8% FIB level. Only need to risk 30 pips. ABCD in between 2 extension levels of B-C. Good Luck.
Possibly more downside in the Pound. A good area to sell. I will be looking for a smaller TF to enter short. An ABCD setting up but if it accelerates Monday then it go through the target area where I will look at other options.
www.youtube.com This is a video from ICT, showing IPDA insights. So on EURGBP, I actually saw a very similar circumstance playing out like the video above. Price took out the first high of the previous consolidation period, and it depreciates to a level where a key low was at. The yellow line is a "Rejection Block" The a few candlesticks' open and close has...
Cardano is backed by one of the most solid projects and is now at a GOOD PRICE, on a important support level after having a considerable retracement.
From the long-term perspective, Bitcoin is bullish. The strength of the upward movements and the recent breaking of the most important downward trendline on the monthly chart are signs that Bitcoin is likely to reach the historical maximum in the coming months. This is also supported by the fact that Bitcoin's market cap is very small in comparison with big stock...
You don't have to sit on charts whole day. In and out within an hour. Done for the day.
Both currencies are pretty strong at the moment but here is my bias
Here are a few key areas ill be watching for this pair my bias is for buys this week lets see what happens
As we scale into a lower time frame.... We are looking for EURUSD to reverse trends possibly heading to a long term buy at the the key levels. (we have indicated) Price action has not been the best these last two weeks but we will see what our analysis brings. we remain flexible and when the markets start by Monday LONDON session we will have a definite bias...
Bullish trend continuation expected following breakout of recent bearish trend , long trade opportunity presents itself due to bullish engulfing candle at 107.07 resistance and 50% Fibonacci support.
Hope will work
Potential to trade the bullish AUDUSD major pair should price break the indecision doji candle positioned on the 50% Fibonacci area of value following a recent period of retracement. Possible 1:3 risk to reward ratio should price reach the 100% Fibonacci extension level.
GJ has been in a strong Bullish run today on the HTF, Daily and 4H, without any major Correction. So, we are looking to capture the CORRECTION of this Impulsive Bullish move first. Moreover, we might look to re-enter again as a Pullback Bullish setup tomorrow. But at the moment, Shorts are what we are looking for once a clean Range has been formed.
At the moment, price has already made its Bullish move. Waiting for a Pullback to the mentioned zones for the potential Bullish trend continuation. Enter only with valid Confirmations, such as, Engulfing candlestick pattern etc along with keeping in view multiple Timeframes.