ATradesPath

ATradesPath

There are 2 cases which i can see from XAUUSD. 1. The price recently broke above the upper trendline and resistance area and bounced off the next resistance area, it could be retracing to the lower trendline and new support area before resuming its bullish move. On the weekly, daily, H4 and H1 timeframe, price is above the 50MA. 2. Price has not broken the...

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I placed this trade yesterday but it was somehow private. "Price recently broke below support trendline , and retraced back up towards significant resistance. Triangle formation formed on M5 chart with bearish divergence. Can open trade when price breaks below triangle on M5 timeframe, partial profits can be taken at previous support and SL moved to BE." I took...

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AU is clearly in an uptrend recently and price has reached a major resistance on the Daily timeframe. It has already formed a small double top at resistance and is going back up once more currently. Looking at the previous few waves, you can see that price range is getting smaller and smaller, which is like a spring being compressed more and more. 2 things could...

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I'm not sure how long the banks and market makers want to manipulate this, but EU is at the high of an all time high from March. There is bearish divergence on both RSI and MACD, small wedge on the lower timeframes, I would be putting a sell stop below the wedge with a tight SL as the bullish strength may continue. (who knows). My TP is placed all the way near the...

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SL got hit on our previous XAUUSD sell. did not manage to find an entry to buy it up. However my overall bias is still bearish as price looks to be at a resistance zone and rejecting the 50MA on the H4 timeframe. There is also bearish divergence on M5 timeframe, I placed a sell stop below the small channel

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USDCAD recently broke out of the descending triangle and consolidated, forming a kind of symmetrical triangle, H1 MACD crossing 0. I put in a sell stop order below the triangle on the M5 chart. This should be a short term trade and although the RR is not very good, TP should have a good chance of being hit.

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USDCAD recently broke out of the huge descending triangle, now a retracement looks about to happen, with a bullish hammer, followed by a bullish engulfing candle and another bullish hammer. RSI just across above the oversold zone and MACD looks to be crossing 0, price broke above the 50MA line too, a short term buy could be placed to target the bottom of the...

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AJ looks like it is in an ascending wedge, and around previous significant resistance area, price formed short term higher high and higher lows and looks to be consolidating. MACD crossing under 0 on H4 and double top formed on M5. Trade taken in anticipation of price breaking through both support trendline, partial profits can be taken when price reach first...

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My bearish bias on GJ still stands from yesterday, price came however it failed to make a new high. bearish engulfing candle formed and price broke below the 50MA and is still bouncing off it, slight bearish hidden divergence formed on RSI. I used a very tight SL just in case this pair is still bullish. TP is also only at the most recent support, making this a...

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Price rallied up very strongly to the top of the trendline and is consolidating now. you can see a small triangle pattern form on the M5 chart. MACD is going to cross below 0, RSI went below 70. There is also bearish divergence on the MACD and RSI on the M5 chart, which could be an early signal of a reversal. I placed a sell stop below the triangle, which would...

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gold has been in a short term down trend, it broke below support and is now retracing back to the support zone and descending trendline. There is bearish divergence on the MACD, SL is placed above the most recent swing high on M15 timeframe and target is the swing low, partial profits can be taken on the way down at previous support areas while moving SL to BE.

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FX:EURUSD EU had a really nice triple top which was recently broken out of, however price look to be struggling in that range, as can be seen with the long upper wicks rejecting the top of the resistance zone on H4 timeframe and also on lower timeframes. nobody can predict where price would go, however, if it breaks below the short term trendline, it could...

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Price recently broke above resistance trendline in a channel, however it formed a double top and rebounded very strongly, as can be seen with huge bear candles and RSI dropping steeply. It bounced off previous resistance turned support but the bull candles look really weak compared to the bear candles, giving me a bearish bias, additionally it formed double...

ATradesPath Updated 

price formed a triple top in H1 timeframe and an evening star pattern, combined with bearish regular divergence on both the MACD and RSI, gave me a bearish bias to this pair. I will take a trade when price retraces a little closer to the resistance line to enter, the break of the mini support trendline could accelerate the fall to the bottom of the larger channel....