ABCD formation
Break of consolidation trend
Entered on retest on broken trend which lined up with 61.8% fib
Targeteting next support level which lines up with 127.2% fib
FX_IDC:USDCAD
ABC Formation
Rejected 50% level twice
Trade entry placed below H4 doji candle (triggered)
Take profit lines up with weekly support and the daily trendline
Nice Rejection of the 55 EMA (hour timeframe)
FX_IDC:USDJPY
ABC formation with rejection around 61.8%
Reversal candle formation
H4 supply zone
Price could respect downward trendline for the 3rd time.
Entry place below reversal candle
Foresee price coming up to re test channel which lines up with the 61.8% level.
Stop placed above highlighted resistance zone.
TP lines up with ascending trend line which could be broken or rejected by price.
Will observe price action tomorrow, if my pending order is not filled I will look for a manual setup
FX_IDC:NZDUSD
ABC formation with rejection of the 78.6% level and nice long wicked hammer close
We could see price going to the 123 levels which is the next monthly support.
FX_IDC:USDJPY
Price managed to close within channel
Long wicked hammer on the H4
Price completed counter trend ABCD move as it rejected the 127.2% level - better seen on the hourly time frames.
TP lines up with 61.8 of bigger ABC potential move.
ABC formation with a rejection of previous resistance zone which happens to line up with the 61.8% level
Trade entry entered based on bearish candle close on the H4 which, on the H1 and less broke the inner upward trend line and closed below it.
TP lines up with monthly support area and AB=CD leg
FX_IDC:AUDUSD
ABC formation with rejection of the 50% level and re test of channel line
Stop above demand zone area should there be a potential spike to the upside
2 potential take profit targets with the 2nd take profit(161.8%) being in line with weekly support
Trade entry entered on H4 candle close
FX_IDC:EURUSD
Price came down to the 78.6 region of the inner ABC formation; formed a reversal head and shoulders pattern
Did not buy the right shoulder however waited for price to break the descending inner trend line were my pending Buy limit order got triggered as I expected price the re test the previously broken trend line
FX_IDC:USDCAD
Price has been respecting descending inner channel
Price already formed an ABC setup, which is a bit clearer on the lower time frames, and has rejected the 50% level several times
Take profit is based on the reverse ABC formation of the upward trend which lines up with support as well
Sell stop order placed below were price is
FX_IDC:USDCAD
Price rejected 0.716 price area three times which has formed a triple bottom
Price broke inner descending trend line with a possible formation of a upward inner trend line
Foresee price coming around the previously broken resistance now turned support.
Which also lines up with my 61.8% fib level
Will be targeting the 0.733 zone which also lines up with the...
Broke previous descending channel and started trending upwards
Price has been respecting the upward channel with a possible re test around the 61.8% level which slightly lines up with previous support and 55 EMA
Pending order placed at 1146.61 with 2 potential targets in mind
FX_IDC:XAUUSD
Price broke descending channel with a re-test before making a higher high
Expect price to come back down to 1.2263 which is support plus it is between my fib area
Could see price head to the 1.250 range as there is high resistance with descending trend line confluence, which happens to line up with the 161.8% fib extension level
FX_IDC:GBPUSD
Price broke downward channel
We've seen price making higher highs and higher lows
I foresee price going up to the 1.250 range to re-test the fresh resistance zone together with the descending trend line
Pending order placed at highly confluencial
FX_IDC:GBPUSD
