Forgive my charts but I opened a sell on Aud/Chf. Check out the weekly as well! This is a very nice opportunity and I will be holding for at least 1 week. Aud/Chf is one of those pairs that may be slower for some but I find it is less manipulated and very reliable.
Forgive my chart on mobile but I have opened a nzd/Cad sell trade with a take profit of 0.84042 It’s a somewhat early entry but in profit for sure
Waiting for a sell signal on either the 30 min time frame or hour 1 time frame! This is a bearish max butterfly pattern (Not Shown On Chart) with Extreme RSI Divergence that Can Not Be Missed! Enter With A Moving Average Crossover Of Your Choice On H1 , My Take Profit Will Be 0.84000 My Take Profit 2 Will Be 0.83400 Happy Trading And Wait For Your system to...
Technically we do not have a signal to sell according to candlestick analysis. If you sold this right now , the only evidence that you have to support the sell is that price is below the 200 day moving average , finished a big push up and stalled out ... and that it is at a level of resistance! HOWEVER, I See this as a big sell on the daily chart that will have...
Remember when taking my Aud Analysis that retail sales news will happen in 1 hour and it may not be safe to trade a sell trade at this moment. Aud Could Spike Before moving down but I have my stop losses set accordingly from last week! Remember these are long term trade ideas
I think some traders may think that price has room to move back up and stop at the top red trend line. Anything is possible but I do not think so! I think we are moving straight down from this area. Look at the Super Strong Rejection to left in the past! We are under this area! I do see where price moved up before and it was just a little higher than the bottom of...
Im still in this trade in profit. The Way I trade these daily charts is to open a small lot size that is so small that I can sleep comfortable at night without ever worrying and I put my stop loss above the daily high candle....then I walk away! So I held all of my trades though nfp from last week. I try to take profits at these areas!
I held this last week as long as a eur/nzd sell and still holding. This retracement looks like it will now fall from the 50 retracement level on hour 4! I Entered On The Daily Chart but this is how I see it on hour 4 now.
Eur Usd moved up as expected from last sunday's analysis. This daily double top is just too hard to ignore! This means that price failed to make a higher high and stalled out around the same area as before. Can Eur Usd go up and touch the 200 day moving average? Yes It Can! But I still see this as a short all the way to 1.0879
This is still considered a good entru on the daily chart but a late entry on h4.... Im using a 0.03 lot size and expecting pricce to pullback but I will hold anyway. no emotion! (I dont like selliing a lot of trades of the same pair) I usually pickk 1 of each in case something happens, all trades will not be affected
This is area was broken and now getting retested. It could go up from here and min 15 has a double bottom trend reversal pattern. Im holding a sell and watching carefully. .
Running Well Into profit. We need to watch these Fib Levels
Eur/Cad has broken out of the rising wedge on the 15 and 30 min time frames and we can enter short now. My Tp1 is 1.46141 Ny TP2 is 1.45907
Reversal will happen on the breakout of this trend line and retest. For a safer entry, use a moving average crossover on hour 1
Sell at resistance. This is extreme resistance find your take profits. please excuse my charts on mobile.
Eur News in the early am here in the states is expected to be bearish at resistance just like news brought this pair up at support over the trading week. (See my last Eur/Cad analysis Enter on a moving average crossover on hour 1 of the 10 and 20 SMA!
This is a closer look of the breakout of the weekly symmetrical triangle. Again , this move up could just be a retest of the broken triangle and then drop from there!