HEAD AND SHOULDERS SHOWN AND DOUBLE BOUNCE BACK AT BOTTOM. COULD BE A STRONG BUY. (SUGGESTION ONLY)
Not strongest of predictions but has been at a high for long time, and recently showing downtrend, which we could catch some PIPS! In. (SUGESTION ONLY)
We can see that this bounce has repeated 4 times recently looking at chart. So this buy could be a good potential.
We can see it’s repeated this prediction twice which gives us strong evidence or it being repeated once bounce back of RED horizontal line THEN SELL!
Gold will drop massively as we see a double top forming and we may see a long-term downtrend/drop! [s
An interesting long oppurtunity on AUD/JPY. Only consider buying if price moves past wave D.
A buy signal is in wait to obtain it's momentum when it's given the chance , by time frame analysis a 4hr ,3 , 2 , 1 chart gives hope and prophecy that the bulls will gain authority over the market. The bears have the chance to make small advances but in the long run I will advice not to play or make a mockery of prophecy with regards to the 4hr timeframe...
Reversal at the downward trendline on the 4H and the pair has formed a symmetrical triangle. I expect the price to trade within this triangle and then hitting the first take profit before proceeding to take profit two to potentially form a double bottom. Risk-Reward Ratio: 1:4.52 SL: 1.75785 ( -69.4 pip risk) TP1: 1.73662 TP2: 1.71955
Looking to have a nice long for 120 pips tp. Hit support and rejected so looks like a change in trend. PLEASE TRADE AT YOUR OWN RISK. THIS IS MY PREDICTION.
I sold EURCHF only one tp this time. Leave a like, comment your opinion and subscribe for more!
Trade taken this morning: Reason For Entry- Market Pullback followed by Engulfing Candle, also rejection of closing above the 50EMA. 45 PIP SL (1.70664) TP1- 45PIPS (1.69773) TP2- 90PIPS (1.69327 TP3-135PIPS (1.68881) 135 PIPS Banked
based onmy analysis im posting a possible short sell ive typed out sell limit area and sell stop zone and left a short measure to give guidance on stop loss and TP thanks again for following give me feed back and thanks again :D lets CATCH SOME PIPS!
An interesting head and shoulder forming on GBP/USD. Looking at a potential downtrend following retest of key level (neckline).
After a 4 HR Trend-line touch and fall, EUR/NZD has broken a short term micro uptrend and looks poised to break below the minor key level and continue the bearish movement - potentially a 150+ pips trade.
AUD/JPY looks to break a small key level and continue in the upward trend, where it can potentially break another key level, retest it and go upwards in a potential 200 pips+ Trade.
GBP/NZD looking to test key level and continue in the downward trend, breaking support too.
Major Short Oppurtunity on GBP/AUD . Retesting a key level and continuing the downward trend.
After bouncing off a Key Resistance and Trendline , EUR/AUD looks to break a key level, retest and continue in the downward trend.