Michael.H

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About me College student from Belgium.
Last visit Joined 8 months ago Belgium
Markets Allocation
100 % forex
Top Mentioned Symbols
GBPJPY 23% | 3 EURUSD 15% | 2 EURGBP 15% | 2 GBPUSD 15% | 2
Michael.H Michael.H EURJPY, D, 6 months ago
EURJPY: EURJPY - Long term
57 0 3
EURJPY, D
EURJPY - Long term
I believe we'll see the EURJPY gain strength again soon. On the bigger picture, we're seeing a bull flag in the making. If it manages to break the downward trend line, we'll see a massive move up. If it manages to break the support line, short it.
Michael.H Michael.H USDJPY, D, Short , 6 months ago
USDJPY: USDJPY - Short
183 0 7
USDJPY, D Short
USDJPY - Short
Looking like a good opportunity to short UJ. It's trading between the trend lines and just hit a resistance level from a year ago and failed to break it. This resistance is also right at the point of the trend so it'll have to break both. If it does break, we'll see a massive move up towards the ~116.00 mark. The ...
Michael.H Michael.H GBPJPY, D, 6 months ago
GBPJPY: GBPJPY
383 1 14
GBPJPY, D
GBPJPY
My view on the GBPJY pair. I believe we'll see drop further down towards the 0.618 fib level @ 158.45 before surging upwards again. This would complete an ABCD wave reach the previous structures their highs and reaching the top of the box. I believe this will be a good point to short the GJ all the way down to the ...
Michael.H Michael.H EURUSD, D, 6 months ago
EURUSD: EURUSD - Possible H&S Pattern
207 0 10
EURUSD, D
EURUSD - Possible H&S Pattern
EURUSD seems to be trading in a sideways box. It has tested the major resistance at 1.15000 several times and it has helt nearly every single time. It currently hit a support at the 1.12170 mark and could see a leg up towards the resistance again to re-test it. If it manages to get rejected again, we'll see the ...
Michael.H Michael.H GBPJPY, 30, Short , 6 months ago
GBPJPY: GBPJPY - Short Position
153 0 5
GBPJPY, 30 Short
GBPJPY - Short Position
GJ is currently forming a nearly identical structure. It's currently trading inside of a wedge and just made a new high before crashing down again. We could see it re-test the previous low and even break towards a lower one. Trade with care as it can break towards the upside again. Entry = 157.90 SL = 158.35 T1 ...
Michael.H Michael.H GBPJPY, 30, Long , 7 months ago
GBPJPY: GBPJPY - Possible Bull Flag
165 0 4
GBPJPY, 30 Long
GBPJPY - Possible Bull Flag
GBPJPY made a big run up today after breaking the bearish trend line. I believe it will continue this bullish run up until the 157.00-158.00 mark. It's currently moving in an bull flag and has a high chance of breaking out to the upside again. Stoch showing a slight sign of being oversold. This along with the RSI ...
Michael.H Michael.H EURGBP, D, Short , 7 months ago
EURGBP: EURGBP Bearish outlook - Possible H&S Pattern
595 0 16
EURGBP, D Short
EURGBP Bearish outlook - Possible H&S Pattern
Past week EURGBP had a massive drop and is continuing to have a bearish outlook. Especially since the brexit is becoming more and more unlikely. Taking in this information, we can see that there could be a possible H&S pattern completed before another big drop. Stoch RSI currently indicates that EG is oversold at ...
Michael.H Michael.H GBPUSD, D, Short , 7 months ago
GBPUSD: GU Short setup
67 0 1
GBPUSD, D Short
GU Short setup
Possible Short setup on GU as it's forming a bearish wedge at the moment. Easy scalp setup, or possibility to hold and try and reach previous low.
Michael.H Michael.H AUDNZD, 240, Long , 8 months ago
AUDNZD: AUDNZD Bullish Wedge Pattern
121 0 1
AUDNZD, 240 Long
AUDNZD Bullish Wedge Pattern
Bullish wedge pattern is soon to reach completion. Good opportunity to long with a great R/R. Might try and reach previous yearly high. SL -> BE @ T1 SL -> T1 @ T2 SL -> T2 @ T3 Trade with caution
Michael.H Michael.H AUDNZD, 120, Long , 8 months ago
AUDNZD: AUDNZD Long
70 0 1
AUDNZD, 120 Long
AUDNZD Long
Potential long entry to finish bullish flag. Relatively good R/R. Trade on own risk.
Michael.H Michael.H GBPUSD, 15, Long , 8 months ago
GBPUSD: GBPUSD Long
67 0 5
GBPUSD, 15 Long
GBPUSD Long
After hitting the monthly low resistance, GBPUSD bounced up again. Double fib retracement to the 0.5 with a double bull wedge before breaking out again. High probability of it breaking out the 1.42000 rs to retest it.
Michael.H Michael.H EURGBP, 240, Short , 8 months ago
EURGBP: EURGBP Short
55 0 6
EURGBP, 240 Short
EURGBP Short
Strong RS that hasn't been broken in a year. Will see if it holds or starts moving down again
Michael.H Michael.H EURUSD, 60, Long , 8 months ago
EURUSD: EURUSD LONG
117 0 4
EURUSD, 60 Long
EURUSD LONG
First time using this website and sharing one of my upcoming trades. R/R 2.76
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