✅EUR_AUD has reached a support level
But I am still bearish on the pair
Thus, instead of guessing
We will wait for a breakout
Either way, and based on that
We will enter a long or a short
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A FALLING WEDGE PATTERN BEING FORMED IN 15 MIN CHART!!
A PARLLEL PATTERN BEING FORMED IN 1 DAY CHART!!
A good call for intraday if candle breaks up then will retest and move to its resistance level that is off 644!!
And if candle retest then can come up to its support level which was generated with gap up opening that is off 630!!
Their will be the risky trade...
Price is hovering near the 1.22 resistance and a possible head and shoulder pattern can be formed in the upcoming hours. The CPI will of course play a huge role into it, knowing that if the result is better than expected, then this EURUSD will be a great opportunity for a short position.
Until then, waiters are winners so trade safe and best of luck !
The lines traced in the previous analysis of the GC1! Gold Future are still legit.
The blue line is the main line telling about the probable story of this market. Beware, we have seen the market going up suddenly after having touched it last time.
The above red line is the potential roof that could be break anytime and would open a large space for a possible...
Earnings May 10th puts it right on the fringe of 2 weeks away territory.
I have done a lot of other analysis techniques here, so if you are looking to generate your own novel position ideas, you should probably go through it slowly just to untangle so it makes sense to you.
the Fibonacci I am putting on the larger time frame, because those are supposed to...
HP looks like a terrific stock to own for me. I would like to get in asap, but earnings on Friday keeps me on the sidelines.
The indicators are not strong on the daily chart, but on the 4 hour they are like perfect crystalline formations. I had to zoom down and do my analysis from there. Am I breaking the rules a little? Yes, I am.
Speaking of breaking the...
If you want to have great profit with the lowest price to enter please don't be in hurry and set your buy limit at this range between 52~49
The hold it for awhile and set a take profit of $150.818.
After deep crab in ETH and butterfly on BTC we have a same shape and elliot waves. so we are in (A) of a zig possibly then we going for a (B) and a rising, the again a crash for (c) . be patient and wait for a good moment to entry. i mean point (C)
Eventually the big descending wedge broke ;
I marked the important points in the chart.
But we have to give the chart some time to make its pattern and we can make a more logical decision with its help.
What is clear now is the breaking of the descending wedge.
Here the best strategist is the outflow of capital in the Pullback area.
Depending on the price...