On GBPUSD D1, we can see clearly the dominance of the seller. Thus we expect some pullback and get in the sell. The price turn around after touching the significant resistance of 1.271 (You can use line chart to see it) with a strong D1 bear bar. This will be the confirmation that the seller takes back the control and high chance that market will move downward in...
It is clearly that EURAUD in D1 is still in consolidation. You can use yesterday D1 bar as the signal bar (SL over that bar) and entry around 1.6
On D1 AUDCHF, we see the double top seems to be formed with strong down momentum. Thus a sell signal is waited to be activated. If today bar close similar as the current shape (Down bar), we can confidently sell at will after that bar finish. Otherwise, the bar can be ended as up bar, doji bar, or any other types, only focus if it close as current bar.
We can clearly see that there are a consolidation in D1 of EURCHF with a decent rejection in D1 2 days ago. It is good signal that consolidation is still in play and seller has high chance of taking back the power. A sell limit around 1.142 will have excellent risk/reward and good chance to be success.
At D1 of AUDJPY, we see the consolidation is happening and seems to be the seller are in advantage (See how the buyer move up the price and seller move down the price in the consolidation). So I would like to wait for a decent rejection around 79.8 level. In that case, our risk:reward will be pretty good if the pullback is at the high position. Also, I expect the...
Normally I do Forex, however some of my friends asked for the analysis of the Vietnam stock market, so I publish my analysis about CTG or Vietinbank Stock. As we can see, the uptrend is on the way currently on D1 which shows the fairly strong momentum. Meanwhile the down side shows the weak momentum on the way back from 18/03/2019 so there will be the high chance...
W1 of Audnzd shows strongly up momentum which can create double bottom. Which a strong momentum W1 bar of last week, the uptrend is back to control the market, so I personally would like to wait for the pullback at 1.0367 level to have good Risk:Reward before get in a decent trade. At this analysis, I also draw a trendline which is already broken by the last W1...
At the significant level where it seems to be a strong resistance, price shows the strong rejection with a big rejected bar on W1 indicates that finally the seller would come back and decide to take back what they deserved. The short at around 1.761 would be expected depends on the momentum of the pullback up (if pullback up strong, we would have better...
In D1 of EURAUD, we can see clearly the consolidation with the strong rejection from the lower band. It should be enough for the signal of buyer side will take control of this pair from now on. What we want now is the decent retracement for entry with great R:R.
Previous H4 big bull trend bar shows the absolute strength of the bull side, why wouldn't we follow the absolute strength? Seems like free money though. I don't think it is that easy because at the moment pf this post price is still going down, we don't really know when upside will be back but we know the zone where it likely and many people will see too. My...
It time to go short Gold with target minimum "1224-1232" and if you can risk more, wait to 1200 and it time to make a buy