Our NZDUSD analysis last week predicted two possible moves, so we watched closely alongside AUDUSD because of their strong correlation and both gave us a strong signal to short at the same time. NZD bagged us 70 PIPS+, and AUD another 125 PIPS+. One of our confirmations to enter was because of AUDUSD but at the same time if you look on our daily chart price kept...
This week the EUR/USD has hit a major resistance point, shown above, having been tested twice and upon both occasions the price has been rejected.
Watch closely this coming trading week, depending on news releases throughout the week regarding both the euro and US dollar (beginning Monday 24th April), could tip the price either way.
Will be posting an update and...
As can be seen on the four hour chart a head and shoulders pattern is forming, strong resistance at 152.650 entered short trade at 152.620, take profit at 151.300.
A butterfly pattern has been formed and all indicators point out to a big buy. Timeframes are synced. Friday pip day.
Entry price:
Any market price up to 1.56500
#TP1 : 1.56900
#TP2 : 1.58800
#TP3 : 1.60000
Stoploss : 1.54900
I'm taking profits at 1.56867. I'm probably going to dollar cost average this trade from TP1 to TP2 if the charts form my what...
As you can see bitcoin took a mean ass drop, the orange box is where the first target is gonna hit. Blue box is obviously second target. Lets see hows this plays out. COINBASE:BTCUSD
Every single USD pair looks very clear, I will be doing a chart analysis for long term, medium term, and short term.
Each chart idea has an explanation of what the actual fuck is happening with the market and grabbing every pip possible from the market.
Take care,
Thomas Le
This pair formed a beautiful gartley pattern. RSI is oversold.
Entry price:
Any market price up to 106
#TP1 : 106.440
#TP2 : 106.998
#TP3 : 107.668
Stoploss : 105.450
I'm taking profits at TP1 . The other TP's are based on calculations. You never go broke from taking profits, you do get broke from chasing long pips.
If you have any questions,...
Price looks to be respecting ascending channel with a textbook ABCD pattern. If price creates a new high, this should be a 150+ pip trade. If price falls through, head & shoulders pattern may be in effect.
Looking at the D1 and H4 charts it's looking like we may see a big move up. Stay tuned.
This is not advice to take a trade just my personal outlook on what may happen.
