Looking for pullback to go long. Target move expanded flat pattern.(ABC wave) Good to go long if 5th wave complete.(12345) if 3 wave happen looking for expanded triangle.
Pullback movement in descending channel. Looking for 5th wave before bearish. Short term trade.
Short term trade BUY @ 147.250 target 148.350 (looking for H1 pullback movement) Long term trade SELL @ 148.350 target 145.350(looking for Daily pullback movement)
For H1 TF,there will small pullback (short term trade) before going bearish. Take profit-1.3650 Stoploss-1.3250
This pair still in impulsive movement(channel) in daily TF.
USDCAD, Head & Shoulder complete and also multiple rejecting neckline indicate the price still in Bullish momentum. Next target price will be1.328
This pair did not make new Lower Low(0.704) but already broke 0.715 indicate there are new trend for daily TF. So,the price make new Higher High at 0.729 (previous resistance and rejecting). We looking for retracement movement(SHORT). Target level 50~61.8% which also at previous broken level(0.715).
AUDUSD,15 min TF, ADX indicator below than 20 indicate sideway between 0.72950~0.7280. Price will bounce up and down around 15pips *Good for scalping. or *Wait for breakout the sideway pattern
Price in channel.(ADX below 20 & pointed downside). Waiting for price to breakout this channel before continue downside or ADX line pointed upward. Favour to go SHORT but anything can happen in the market. Short this pair if -DI(Red line ADX) pointed upward. OR Long this pair if +DI(Green line ADX) pointed upward.
USDCAD in channel. ADX indicator reach 20 level indicate channel will breakout to downside.
EURGBP, double bottom after strong downtrend in 15min TF. Looking for strong breakout to upper side.
Price already break 128.45 level also neckline head & shoulder. Looking for retest at this level and go LONG
Flag Pattern on H1. Short if break Flag pattern or Sell Limit 144.300.
Why I looking for SHORT:- *Price just broke below descending channel. H4 *Daily TF downtrend *Weekly TF, 3 weeks for price to fall until 60% of 7 weeks to climb up. (140.00-149.500) indicate strong seller. Noted: *Since price just reach Daily support 143.00-144.00, so there is a chance for price to make a pullback. (LONG) until 144.00 before continue down. Idea...
Price in early channel climbing up. There are two possibilites:- 1. Price market agressive *Price will break through this channel and daily resistance(1236-1246) 2.Price market slow or not aggresive *Price will bounce slow toward support channel and climb up through this channel * It will take more time to break daily resistance(1236-1246) My favour...
Reason to long this pair: *reach support trendline *market move in channel pattern BUY at 112.00 Stoploss 111.80
*Head and Shoulder near neckline *Go SHORT if daily close below neckline ADX indicator more than 20 and go up,indicate the will trending market. D- is above than D+, prove the Seller in control. www.investopedia.com
Why go short? *Head and shoulder pattern complete. *ADX(Black) go up and more than 20. *D- (Red) go up and above D+ *D+(Green) go down away from D-. _______________________________________________________ ADX indicator *Above 20-25 indicate strong trend. *Above 50 indicate very strong trend. *Below 20 indicate weak trend and side way market mostly. *D+ and D-...