EurAud has given us a Buy Signal! Some Details on the chart but may update the take profit later! Enjoy!
Aud/Usd has given us a Sell Signal On Hour 4 Details on the chart! Manage your trade as you hit profits!
We have closed this trade now! It is moving down on hour 4. You could try to sell for 20 to 30 pips but not sure if I will.
Self Explanatory... We are still looking for a buy even though we were 13 pips in profit and got thrown into the negative on a hour 1 swing low! Still Holding a buy!
The Support Level is hard to see on the daily and even weekly chart, but it does exist! This is a monthly support level! so..... 1. Daily Chart Came Down To Monthly Support and moved up , and then CAME DOWN again and RETESTED the Montly Support Area! 2. Indicators on hour 4 indicate a buy now! So the Idea is that we are have entered a buy on the daily chart...
This may look messy on my phone but the idea is that eur/cad found support on the daily chart and retested. The Take Profit is on the chart and I will update later! We should only place trades at support or resistance. This trade will run for 3 to 5 days unless it moves against us! Leave 30 to 50 pips for the stop loss... or move it under the support area on the chart.
I can see a inverse head and shoulders pattern developing from this point of view! Check It Out! We are in a buy now by the way! Entered on Hour 4!!!
This is enterning on the 4 Hour Chart with Analysis on the Daily and Weekly... I have entered the Take Profit Areas on the chart! The daily chart has not confirmed a buy with moving averages 5 and 10 sma's The daily Chart Has... Stochastics leaving oversold on daily and out of oversold on hour 4 RSI settings with a 9 period has crossed over the middle...
May not create a higher high... Take Profits at the next structure area just in case! You still have a while to go long...
I know that some of these analysis is for long term traders but you can see that price stopped before creating a higher high... The analysis from earlier in the week actually went down and created some profits before moving up from the structure level... The analysis still stands... This is still a sell
Price Is In A EXTREME STRONG SUPPORT AREA! Change the chart from Line to a Candle Chart and you can see EXTREMELY STRONG rejections at this level every time price has reached the area that it is in now. I believe that Aud/Cad will move up over the next 3 weeks straight. I believe that ANOTHER STRONG rejection of this support area will take place and will be in the...
Nzd/Usd is still respecting the TREND STRUCTURE LEVELS DRAWN ON THE CHART with the Yellow Lines. So if you go to the daily chart and change the chart from a Candlestick Chart to a Line Chart you can Identify these levels with relative ease! When Drawing These Level's , You need to prove to yourself that this is indeed the levels of structure by drawing arrows,...
Details on the chart! I believe that it will create a higher high...... Do not enter a buy based on this information alone! You need to create a reason to enter a buy! Maybe a moving average crossover, maybe a indicator with a moving average crossover... You get the idea...
Cad/Chf is moving down but I believe we still need to break out of the Hour 1 Channel before we know for sure that the Reversal has truly happened. If price breaks from the hour 1 channel down, a sell would be safe to enter but must watch out for minor support in the yellow zone below....
Divergence on the Stochastic Indicator, The trend line is resistance and price action rejected the line... This is the evidence that we have in order to sell right now. If you want to use a moving average crossover to confirm the sell better... go ahead and use whatever way you want in order to enter your own sell.
Price could reject this Yellow trendline and go straight down from here..... Or Price could Go Up To Resistance and Reject Resistance and then Fall Down... Use your entry reasons to enter sell as soon as the reversal happens! Some people use the 5sma and 10sma Crossover... Some People Use Trend LIne Breakouts.... Some People Use Candlesticks Only..... Its up...
Cad/Chf is near ready for a reversal. As you can see on the chart with hour 4 , Divergence has been spotted! Does this mean to enter a sell right now? ABSOLUTELY NOT! So how do you enter a sell? You can enter with many confirmation tools.... Such as A Moving Average Crossover, Candlestick Analysis, Etc!!!!! These Yellow Zones on the chart was created on the Daily...