OANDA:AUDJPY As you can notice recently, price action appears often disconnected with fundamentals. As for example the sharp retracement after the RBA no rate increase announcement or the last retracement in progress despite all news about US-China difficulties to reach a deal. In other terms, we may say that the Forex market is definitely no longer WYSIWYG...
Hey tradomaniacs, Welcome to another signal! Important: wait until the retracement after this impulse finished! Type: Swingtrade Sell-Stop: 1,13557 Stop-Loss: 1,13966 Target-Zone 1: 1,13 - 1,12773 Target-Zone 2: 1,12148 - 1,12076 Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Hey tradomaniacs, welcome to another signal! Important: Wait for the breakout and sell after retracement! Type: Swingtrade Sell-Limit: 5,30305 Stop-Loss: 5,36921 Target 1: 5,2 Target 2: 5,16089 Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Midterms Tuesday. From MW: "Since 1946, there have been 18 midterm elections. Stocks were higher 12 months after every single one. Every single one. That’s 18 for 18. Even though we’ve had every possible political combination in the past 72 years. Republican president with Democratic Congress. Democratic president with Republican Congress. Republican president...
The usdchf hit a low of 0.9540 before retracing to 0.9960 . That's a whopping 460 pip of retracement. Thus what's the revelation? U can never be too sure about the extent of how much a currency pair would retrace and if (surprise surprise) it could eventually even start an uptrend on its own. Such is the reality. The analysis is as good as it gets at the point of...
A Eurusd short was attempted at the break of 1.1450 which was shortlived as it has chosen to reverse its original course of action. At the moment as long as prices maintain above 1.16 more upside is expected with a probable target of 1.1750 Any break below 1.1540 would be a warning sign to reassess all long positions initiated.
GBPUSD TrendlLine Breakout - Fibonacci 61.80% Retracement
EURCAD 61.80% Fibonacci Retracement, Sell
AUDCAD Trendline Retracement - Fibonacci 61.80% Buy
A retracement channel formed by AB=CD formation was broken below previously, and yet another AB=CD retracement channel, with a reversal candlestick formation, is completed at FR61.8%. On the other hand, the price is also closer to the higher band of the sideways movement since the beginning of July.
Best Buy is in Cycle Wave 4. The bottom of this wave should occur between July 25, 2018 and August 20, 2019. The bottom should occur between 52.12 and 63.5. These dates and numbers are based on comparative trend analysis and derivative analytics.
Analysis for swing traders WTI continues to power high. Both daily and weekly time frame are in agreement for long continuation. Current price being close to previous top at 72.88 this may be area for profit taking so any weakness could lead to sell off as bulls take profit and bears step in. Those who want to add position or who missed the boat should wait for...
1. Price has completed 2 waves of retracement at Fibo retracement 61.8%. 2. MACD has crossed downward, signaling the loss of buying strength. Simple technical analysis for a reasonable intraday trade.
Hello. Im sitting here and will be looking for a long trade. I think we need to get Down to the structure level, or a candle stick to tell me the "pullback is over."
Hi guys, My eyes on ICX atm. Holding it myself for long. Seems like its correction is done. What do you think of my counting? Bounced right from the 23,6% Fib level. It retraced a lot, but even more room for growth! Working on my TA for my own education. Please leave comments!
ETHUSD Update: 241 Pivot resistance taken out in one day. This price action tells me that real buying has returned and that the possibility of trending back up into the 300s or higher has returned. The 241 Level is the .382 of the recent bear swing. Even though price has retraced off this resistance, the fact that it was still compromised signals that the...
confluence setup ---- Abcd pattern Bearish Engulfing 61.8 retracement Target projection 161.8 extension level www.goldsnipersacademy.com FX:EURUSD