Hi all, I believe that xauusd can go either direction from where we are currently at but I believe that price will go up since price is at an area where buyers have had a little more control over for a while before! Set those pending orders! :) Have fun all!
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Bullish price action and pressure.
H4 Price action broke previous highs and resistance.
Overall strongly bullish waving market with several x-a waves and sctructure.
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AUDCHF FOREX BREAKDOWN 09 APRIL 2019
Explosive open above previous week highs taking out sellers
Strong bullish wave formed and ending now
Strong bullish price movement about to end we need a pullback
ENTRY @ 0.71430
SL @ 0.71890
TP @ 0.70890
(Use normal Risk!)
IF YOU HAVE...
EURGBP has been growing consistently now from the 2nd of July. Also, the doji candle indicates that something major is going to happen, there is a high probability that this will be that EURGBP will fall down big time, due to the buying power that keeps getting rejected at the top. Happy trading!
D1 - Special or triple cycle completed, currently it looks like a retrace is happening.
H4 - We have two critical zones that has formed based on the fibo retrace and fibo expansion levels of the cycles.
Price has reached the first critical zone, we have bearish divergence, until this critical zone holds, we may look for more evidences of bearish pressure and...
Price showing good rejection signs at the edge of the confirmed H4 channel, coinciding with the daily resistance at 0.67200 (area).
Entry at current levels with a SL few pips above the tail of the high or above the mentioned resistance zone. TP areas are at the other edge of the channel.
USD CHF Sell idea
first take profit level sat around 0.98150
final target is 0.96000
when take profit 1 hits we do recommend closing 1 of the 2 positions and trailing your stop loss to entry on the other position(s)
Price has rejected out of our fib region, perfectly tapping the 78.6% area. The psychological level of 0.99000 has been retested and rejected...
Advance trading set up:
Sellers are now under the previous Lower Low. Now it is time to go even lower, where the First target shoudl be.
We are in sellers trending, under the channel, unders previous Lower Low, waiting for sellers retest from support.
The only problem could be CAD is not showing any power (yet)
This trading set up is build only on advanced...
Gold is on weekly high we can see on daily time frame range is getting tighter and tighter on 4hr iwi any break and close below the peanut will be a good signal for sell.
as well as RSI is showing divergence
Hi All .
Opening a sell on this pair . We are currently trading inside channel & there's a possibility of a slight retracement to previous Resistance before price continue the trend down .
Entry marked and SL and TP .
Conservative SL .
This is for educational purposes. Bitcoin price action is going lower. Look on the chart and you may see that the price action going in the same direction as the MACD...down. I feel the price may fall to $4000 and maybe as low as $1000. This means many will be making big money by putting in short trades.