Hello everyone, we are back with another blog post, this one, being at a completely reasonable time for once. It is a beautiful Saturday and I look forward to charting quite a bit as a way to prepare for this coming week. I have a feeling that these next couple of weeks are going to be quite exciting, but only time will tell! Elliott wave analysis: It appears to...
LSTM neural networks generated a bullish signal for #AUD_HKD
Short AUD over USD/HKD if it bouced to 0.618 retracement.
AUDHKD is in a downtrend. Shorting at 5.34923. SL 5.35090. Target at 5.33890. Using 25,000 units. Score is 10.
high quality 120 level inside a daily demand zone.
Hi All , only open a buy at current price if you can afford a Stop loss . This is a swing trade , not a day trade hence the SL . Many thanks.
Short on the basis that the channel has broken to the downside.
A possible repeating pattern can be seen of a descending scallop, this is supported by a rising RSI. Other chart patterns present include a diamond top reversal, an Adam & Adam bottom, and an Eve. The Diamond Top led to the formation of one of the descending scallops.
Hi All , This pair has presented itself again , Gave us 70pips last time out with the form of right shoulder and now going back to point of entry . 5.29017 we buy & Sl 5.27005 TP: TS Many Thanks
Could be a great opportunity to short the AUD against the Honk Kong Dollar Waiting a signal at the horizontal resistance but if price pushes above then i will be waiting for a signal at the diagonal resistance - incase the big boys are trying to catch people on the wrong side of the market. Will see how this materialises over the coming days
broke the range and trend line, looking for a short momentum play to nearest good demand zone for a bounce back.
Premium (if you haven’t already entered , this is my second entry )
if you are on the 4hr , then price might just be retracing as it doesm this analysis can be applied to smaller time frame than the daily. LOOK LEFT SUPPORT HAS BEEN ESTABLISHED !!!