Just shorted the EURJPY on the 4hr chart from the green supply zone due to multiple confluences both on the higher as well as the lower timeframe. Looking to take a 3,5:1 on this one. Good luck! TheSupportResistanceTrader
So end of this week has found that EURAUD bouncing of the hugely over bought 80 mark line for the RSI which means we will be imminently be reversing and heading back down. Looking forward to profiting on this one!
So since Entering a SELL almost 2days ago we hit TP1 and now securing position 2 by bringing our Stop Loss into Stop Profit. this is now a risk free trade and we estimate only half way there. Either way...PROFIT HAS BEEN MADE AND ANYMORE IS A BONUS!
I called a short squeeze over two hours ago where the blue circle is, here we are now. Lets see what happens now!!! :)
Hey Guys, I believe we can go long on GA up to highs of 1.79000/1.81000. Minimum +100 Pips. Let's see if this will be successful! Updates coming soon guys! TP: 1.79000/1.81000
After last weeks rally to the downside we are still trending lower it seems. After catching an advanced patter set up, a short bias can be announced. Using Fibonacci retreacements and extensions several criteria has been met. Starting off Measuring the XA we can find the C leg has met the 1.272%. Also a pullback of the B leg has met the .618% so now we must watch...
On the Daily chart, AUDUSD is on a Fibonacci pattern completion and this will end when the market hits the previous top and crosses that level. The 50% zone is already hit and we are waiting for the 100% zone since a bullish movement is already evident in the area. On the 4hr tf, the chart has broken the trendline and we should expect a bearish movement but a...
Hello Traders, i'm lookig at NZDUSD chart and i guess we can short it depending on how price action reacts at the PRZ, if it test the price and make a confirmation on it, then we can short it up to B point, at least, looking at 240 timeframe, the critical price is NEAR the prior high, so the scenarios i look are, break price and keep rallying, correct a little on...
EURCHF is showing downside potential, awaiting clear break with confirmation to pull the trigger. - Please use your own strategy and correct MM to execute the trade.
EURNZD - is showing short term bullish signs, this will be ideal to test the previous zone, and potentially form right shoulder.
USDCHF - Has been dropping correctively, we will be monitoring the lower TF. For some tradable setups. - Please use this analyse only to support yours, use correct MM and strategy!
Hello everyone! USDJPY - Has been consolidating for long time, but we are at a point where we could see another wave up. We will be awaiting more confirmation to enter. But bias remains bullish.
Hello guys! After our last successful trade on EURGBP It's looking again for longs. We will be looking for break above the consolidation pattern, to pull the trigger. - Please use this analyse only to support yours! Use correct MM and Strategy!
Hello young wolves! This is NZDCHF Daily chart, Price has reached to bottom, and we are expecting move higher. This pair rejected key monthly level, broke out of the reversal pattern, and now we will be monitoring the lower TF. 4/1H for entryes. - Please use this analyse only to support yours trade with correct MM and Strategy!
Hello everyone! EURGBP looks like is setting for another wave up, we will be looking to add more when price break out of the reversal pattern.
as of tomorrow the Central banks enter the show. Starting with the FED, followed by SNB, BoE and ECB on thursday. Nevertheless, we already banked our profit for the week and manage our current positions with stop loss at least at break even. In last week's video I elaborated on the high confluence zone for EURUSD and gave to targets. Target 1 was reached last week...
After the movement of Gbpjpy Friday it gained 150+ pips in one day , market still in consolidation correcting the down movement from highs (152.865-147.280) the way market moving last week it is corrective. still expecting more down side once this consolidation is broken down, links below for my previous exceptions.