The price is moving inside a long term big side way channel and the price is closing the channel bottom line area. It could retract around date between Aug 23 to Aug 28. Since there are couple big US and EUR events will happen on Aug 24 to Aug 25. So, maybe check after the events date and open pending stop long order on Aug 28.
Previous, I have a long CAD/EUR strategy, however, the price movement is not following the original expected rhythm to go North based on timing. It is wondering in the open price level. So, if the long order was opened at this moment, we could consider close the long order, and wait to see if the price could break out the triangle area to South after Aug 25...
Similar as CAD/EUR short strategy, I have one long CAD/CHF strategy, however, the price is not moving to North clearly based on original timing. The price is still wondering in the open price level. So, we need to consider if there would be some thing not smell good. Currently, the price is touching a short term down trend channel top line area, below it is still...
The price returned back into the long term up channel top line area. The up channel top line did get break out. it has completed a 5 waves movement and currently it is on the top of the 5th wave. It could retract back to the long term up channel bottom line area around Sept 28, 2023.
USD/CAD has triangle break out pattern generated. "Stoch RSI" no crossing, running in normal as strength smooth. It would break out the pressure line now or sooner. Looking for a butterfly pattern CD leg to North.
The price is still in a big down trend channel and it is touched the down channel bottom line. Based on previous movement timing, current moment could be a time for the price to do a retraction. Further, the Stoch indicator is in a over sold level and turned to north now in 16 hours time frame. In short term, now could be a moment to catch the retraction movement...
Similar as AUD/USD, the price is moving inside a Trumpet pattern channel. It is not really clear its long term direction and we could assume it is moving in some kind of sideway. Based on previous timing, the open long position time could be around Aug 15.
AUD/USD is moving inside a Trumpet pattern channel. It is not really clear its long term direction and we could assume it is moving in some kind of sideway. Based on previous timing, the open long position time could be around Aug 15.
The price ever moved out from the short term up trend channel and now it is moving back inside the up trend channel and touched one pressure line. This time could be the time for South based on previous timing, but not confirmed yet. Open pending stop orders in two positions for short, and waiting the price' retraction when touched the channels' top lines area or...
Similar as CAD/CHF, the price has touched the middle down trend bottom line. The "Stoch RSI" is in over sold level and turned to north in 8 hours time frame. Try to entry for long and looking for the middle term down trend channel top line area.
Since the AUD/CHF continue going south after open long order based on previous strategy, it is losing money at this moment. There could be further potential long order positions which possible could help to save the long trade and still get profit for the first failed entry. Based on timing, the price could touch the long term down trend channels bottom lines...
The price is moving inside a short term up trend channel. Currently, it is in Elliott Wave fourth wave (retraction), try to open long order when price touching the up trend channel bottom line area. Target would be looking for long term side way channel top line area on Aug 15, 2023. The long US Dollar Index strategy is consistent with Long US dollar forex...
The price is moving inside a big side way channel. It has touched top line of the channel in correct timing, and now it is moving to south. Hope it could retract back then get a better position to open a short order (but it maybe missing this chance already now). Next, if the price could touch the bottom line of channel in a correct timing, could try to open long...
Gold is moving inside a small triangle area inside both of a up channel and a down channel. The movement to North is showing a weak behavior, since the price is not moving to North based on previous time rhythm, and the Stoch RSI is in over sold level, but no showing a clear crossing to North. Gold could be possible Break out to South. Try to entry if the up...
Similar as GBP/JPY, the price is moving out from a short term up channel. The Elliott wave for short term up trend should be finished. In long term, it has touched the up channel top line three times and it cannot continue break out to North. Based on previous timing, it is possible to start a retraction in long term and the target would be the long term up...
Short GBP/JPY with stop orders in two positions if the price break down the up channel down line
If follow previous short order strategy, possible getting about 300 points profit at this moment. In long term (weekly) time frame, the price has touched the big up trend channel top line and start turning to south, "Stoch RSI" is at over buy level and crossing in weekly time frame. It looks its next target could be the bottom line of the up channel. There...
There is a potential big up channel (Note: Not approved yet). The price could continue moving south a little to touch the up channel bottom line. There is a crossing point for multiple support levels and time span. Open long order in that crossing point area and stop when price break down the channel bottom line.