---> THIS IS NAKED ANALYSIS, ONLY PRICE ACTION AND CHART PATTERNS ANALYSIS <---
Here as you can see the market after the breakout of the support it form an ABC correction/continuation pattern
to continue the drop.
Big risk to reward as your stop loss should not be more than 25 pips.
---> THIS IS NAKED FOREX, ONLY PRICE ACTION AND CHART PATTERN ANALYSIS <---
Here as you can see the market formed a H&S pattern and it broke the neckline/support.
Now we are waiting to re-test the breakout to short the NZDUSD
A TRADE TO START YOUR WEEK WITH PROFITS ! ! !
The market came once again to test this very critical area where we see it rejected it with strong buying pressure
multiple times in the past.
Soo don't miss that opportunity and happy profits to everyone ! ! !
Here as you can see the market is heading to test the very critical area.
After the form of the ABC correction/continuation pattern the market braked down very aggressively and it comes
now to retest the resistance of the pattern to continue the downward movement.
---> THIS IS NAKED FOREX, ONLY PRICE ACTION AND CHART PATTERNS ANALYSIS, NO INDICATORS <---
Here as you can see the price went to test the critical area with a very corrective move and
it got immediately rejected by the strong selling pressure.
The resistance got respected twice before ( Go to bigger timeframes to see it ) with a lot force.
The risk to reward...
---> THIS IS NAKED FOREX - ONLY PRICE ACTION & PRICE PATTERN ANALYSIS <---
Here as you can see the market has already rejected the price at the critical area (0.0870 - 0.0880) 3 times with aggressive moves and it's going now for the fourth time with a corrective move.
HAPPY WEEK & HAPPY PROFITS ! ! !
---> THIS IS A NAKED CHART ANALYSIS <---
ONLY CHART PATTERNS AND PRICE ACTION ANALYSIS - NO INDICATORS
Here as you can see after the breakout of the rounded bottom - continuation pattern, the market went to retest the resistance zone, which now is support.
At the support area, bullish momentum pushes the market up in smaller timeframes and the...
--> THIS IS A NAKED INTRADAY ANALYSIS - NO TECHNICAL INDICATORS ONLY PRICE ACTION AND CHART PATTERNS <--
Here as you can see the market breaks the critical area with strong momentum and it goes to re-test for the continuation, in order to continue the bullish move.
---> Risk to Reward is quite good with over 1:3
---> We follow the bullish momentum from bigger...
Here as you can see the market break the critical area after a long time with a strong/sharp bullish move.
Now it goes to re-test the area to continue the bullish momentum.
HAVE FUN AND HAPPY PROFITS ! ! !
Here as you can see the market is at a very critical area, which is a strong resistance zone.
--> Our target is to fill the gap at (220 pips).
--> Our Stop Loss both covers the previous high and gives an extra breathe for the market to reverse.
--> Risk to Reward is at 1:4.
HAVE FUN & HAPPY PROFITS ! ! !
After the breakout of the ascending channel --> 2 week ago, since then the market was consolidating below and above the previous support of the channel.
Here the market respects both the descending trendline and the previous support, which now is resistance.
It's time to buy the GBPUSD as the market gave us the opportunity to buy low from a strong support area.
The risk to reward potential is HUGE as the stop loss you should need is tight and the potential Take Profit target is at almost 200 pips.
Also you can see the strong rejection from the buyers at 15M chart.
DON'T LET THAT OPPORTUNITY UNTRADED ! ! !
---> THIS IS A NAKED TRADING - NO INDICATORS <---
High probability Sell trade idea, for the downtrending general movement.
The stop loss cover the previous low and the take profit is at 1:2.5, which is an easy target but you can easily extend if it breaks the support.
PROFIT MANAGEMENT/TRADING PLAN:
At 1:1 - Take 50% Parochial Profits & move to Break Even
THIS IS A NAKED SWING/INTRADAY ANALYSIS WITH NO INDICATORS (ONLY PRICE ACTION & CHART PATTERNS) ! ! !
Gold is showing us some powerful signs that it will continue the downward movement.
Here is the best price to enter the market and to catch the drop (Sell from top & Big Risk to Reward Ratio).
For a safer entry, go to smaller timeframe such as 1H and watch the...
Here as you can see the market break the resistance/demand and came with a pullback to retest the zone(now is support).
If you go to smaller timeframes you can see the corrective move that the market went for the re-test.
This month AUD showed a lot of strength and will continue the bullish move, until further notice.
This opportunity offer us to buy from the...