Confluences : 1/ High test 2/ resistance 1.4475 3/ Bearish MACD divergence 4/ 2nd time we fail to break this level, but it is not a perfect double top if u look intraday.
Confluences: 1/ with the trend 2/ price action: inside candle 3/ resistance of 0.74 & 0.735 tested 4/ fib play 61.8% 5/ bullish MACD divergence 6/ TL bounce (Monitor your trade well as we try to reach at least 0.70)
Confluences: 1/ with the trend 2/ Fib 61.8% play 3/ Bounce of the channel 4/ Yesterday bounced of support 5/ Nice price action: inside candle 6/ MACD bullish divergence (Manage the trade well, this can be a longer term trade)
Confluences: 1/ trend 2/ PA ( high test followed by inside bar ) 3/ Monthly & Weekly resistance of 0.7060 4/ 50% fib retracement additional info: * H&S - pattern on intradays * a lot of traders are already short since the 0.7135 resistance test
Confluences: 1/ with the trend 2/ bounce of the upper channelline 3/ 0.6625 as resistance level 4/ Fibonacci 61.8% bounce 5/ MACD bullish divergence Additional: * H&S - pattern on 4H/1H * Weekly high test * Fundamentals are in our favour
Confluences : 1/ Trend 2/ break of 1.10 3/ EMA's rejected 4/ Fib in play 5/ Bounce of TL
Confluences: 1/ Trend 2/ Last weeks candle high test/shooting star 3/ resistance 0.66 4/ Daily fib bounce 5/ Daily MACD bullish divergence
Confluences: 1/ with the new formed trend 2/ hight test candle 3/ retest of broken support now resistance 96.00 4/ EMA pairs are about to crossover.
Confluences: 1/ with recent trend 2/ bounce of TL 3/ low test candle 4/ support 1.64 5/ Fib 50% rejection + rate cut NZD tonight would be perfect for this trade T1 = 1.69 & T2= 1.72
Confluences: 1/ Trend 2/ Pin bar ( undecision - continuation? ) 3/ 0.74 level used as resistance 4/ Fundamentally very weak AUD against the strong USD
Confluences: 1/ with the recent formed downtrend 2/ Broke TL + retest 3/ Tested the 130.000 weekly resistance 4/ Bounced of the 50% fib. 5/ high test, followed by inside bar set up, followed by another high test 6/ 50 & 60 EMA's bounce
the short term short position on the GBP/USD failed because of news coming out. But my other trade GBP/NZD took a lift because of that same news. This is a killer Confluences : 1/ with the trend 2/ Nice long legged doji 3/ testing support level 2.3 4/ bullish MACD divergence 5/ we are coming of a double bottom at 2.273
Confluences: 1/ Rejection of the 1.55 level = resistance 2/ Bounce of the 50 EMA 3/ retest of the back of the broken channel/ TL 4/ high test candle Monitor the trade smart as we might have trouble with the 1.535 level
Confluences: 1/ With the trend 2/ Retest with pin bar showing us deceleration 3/ MACD bullish divergence 4/ TL bounce 5/ 61.8% fib bounce 6/ Bounce of the 1.95 level which is a weekly level
The pair has broken out its range + channel. Confluences: 1/ Downtrend 2/ Retest of 0.71 ( support turned into resistance ) 3/ Retest of the broken channel 4/ Long legged doji, can also be looked at as a high test
Last week: Order didn't go off, no trades were taking on last week chart. No wins, most important no loss ;-) This week: Like this set-up: - Head and shoulders pattern ( after uptrend = reversal ) - right shoulder was formed at 50% fib + zone of resistance + 3rd TL bounce - MA's crossed to the downside - MACD shows bearish divergence Now, we want to...
Last week We went in green for 40pips, however my position closed with a few pips loss after we broke the TL to the upside. Now we have a possible short set-up on the EUR/CAD: - pair is trending down and over the last few weeks it has been taking a breath. - on daily chart we can see a running double top formed at 1.377, looking for a short entry on...
Last week chart: 2 WINS Profitable pullback ( I don't trade these pullbacks ) Profitable movement up ( I made 95 pips ) We had a bearish engulfing candle on the Weekly chart + finished on friday with a shooting star candle, that closed under the resistance level of 0.712. This all happended after a break of the previous TL ( which can now be seen as the...