Price is respecting the current downtrend making LH and LL also getti nrejection on the t daily trendline ,what gave me enough confirmation was the big inverted hammer made on our matching point with the weekly 61% ,daily 50% fib andprz zone with the downtrend line so now ima sell it with a 1:1 risk reward
NZDCAD seems to be inside of the Motive Wave 5 of the applied Elliott Wave Theory in this chart. It confirms both previous three Motive and Corrective Waves along with its confirmation by Fibonacci Retracements applied respectively and if the price moves up and breaches the end or the high of the Corrective Wave 4 around 0.94250 and continues a bullish trend, the...
still looking for shorts on EURUSD. multiple rejections of 1.04600 may just see us lower, targets would be 1.0300
EURCHF is currently trending inside the Motive Wave 3 of the applied Elliott Wave Theory after it was confirmed by the retracement of Fib Level 0.618 on the Motive Wave 1 and the EMA 20 & 50 Crossover. It is most likely to continue the bearish trend until around 1.06050 where the trend will reverse to create the Corrective Wave 4. It is good to sell in the...
Bearish candels + trend BO + resistence zone hit = Sell Gold, look close to your indicators to know the right entry for you OR Entry : 1156.5 / TP: 1131.6 / SL: 1162.6
the last trading day of the year could bring some odd patterns and Great Profit :) OUT with the old, IN with the new, Cheers to the future and all that we do!!!!!! HAPPY NEW YEAR 2017.
have a good Christmas and Happy new Year Peps !!! Keep Learning :D
The market just hit our entery order and thus this OCF has completed. The projected target is at 672. Stop Loss is above the H2, which in this case is 786.10. The R/R is good, at about 6.7/1 as usual on with my OCF setups. Wanted to share this one with you guys as this one is high probability. Notice I did not say it is 100%, but on the balance of probability and...
Entry 1126/ Take Profit 1116
Bias for gold at the minute is short. if we can get up to around the Fibonacci confluence zones then i will be look for multiple rejections to signify were going lower. if we get the signals we could be heading down to 1120
Signal short gold at 1164.00 from private analysis share group. Most of my analysis are based on simple Price Action (PA) and Ichimoku combined with BB.
Now it's in the sideway. In my view, i will wait the trendlline's breaking. Confirm first with throwback and the Sell. IF it still go up, i will let it go,
Hi . Read the description in the chart. At first i look for the 152 for the TP. but today it shows us the volatile candle.
Hi guys. From the oil news, it effects to the USDCAD For the sell setup. A-B-C pattern and now it is the wave C (TP first meet at 100%), next is 161.8% at 1.3200 Aware: NFP tomorrow. Whatever, i will close before the news.
If you seen my last Aussie post you would have seen that market did in fact come up into my target area and produce multiple rejections for an entry and is now in decent profit. However if you did not spot the opportunity then if the market can comeback up and retest the double top structure formed then a decent rejection of that level will also provide a decent...