Is a wonderful bull run on December, let's see is there any potential of reversal will form on end of the week of December till the new year. Might wanna look at 100% level if bull still continue to take control.
After spending few hours during the New Year Holiday, I'm quickly puts out this idea for you guys. Is it gonna be a good idea? how bout you guys? I'm selling off due to level 96 as resistance(actually on gann square of 9, it indicate as strong level, 96), if till goes back up again chill out, look for structure again . see the direction . Either Up, Sideways or...
This overview period included from October 2018 till December 2018, and setup of buy/sell for Jan 2019. couldn't expect how the market decide to make trend or it keeps to range. Note Breakdown, 1. all level marked was based on round off number of Gann Square of 9 that can act as Support/Resistance level. (this is my new study or so call roaming around in the...
All this marked level was based on Gann Square of Nine market closed at nice level of 1.27, and I used it as my support/resistance as market moved by the bear, it seem market will continue complete the flag then if it break,sell it more if wish. and if not, 1.27 will act as support level and market continue to rise. ( use this sentiment to see the percentage...
Tend to buy the market but watch out on this 2 level that I will set as buy limit Buy limit 1 0.71881 Buy Limit 2 0.71725 as it might be support level for buy. and as always to set stop loss ratio as to protect your capital :) all the best.
Journal : Based on H4 chart it has been 3 weeks the market seem to be consolidate 1.143264 as Resistance Level & 1.128391 as Support Level so what I would like to point out is this gonna be a good scalping idea on smaller time frame, selling off the market on resistance and take away profit as you wanted same goes to support level. For now on upcoming week I going...
As my own point of view, I not sure, market can do anything right? but I'm looking forward on buying the market at 1.27 and I've plotted 1.28 level as watch level as it could come as resistance or support as the market will goes up. not to say it worse or crazy idea, but level 1.20 is the last support level to watch as the market at it lowest on 15th Jan 2017 .
Selling off the market (going against the trend)
as not goin rush for short might let the candle retrace (if it does) at level 38.20% (highest retrace) and will short after re-tracement completed (execute your trade based on your favor, but always put RRR to protect your capital, and attacc the market) RAWRRR
A simple analysis, all circle with color coded (blue and red) represent where I point out the fibo, as I expecting, this week flow it gonna be a pullback (like on past week) and continuation of downtrend till hit 161.80% (might not hit but nearly to that particular level) . gotta keep on eye during NFP (every 1st week of the month). all the best traders.
Decided to go long once the market hits 78.60% (based on fibo) or let some candle forming uptrend on Support Trend Line before go long , TP base on fibo level 50% 1.29332. also might take note on resistance level @ 1.28777 at it might not going upwards ( consider as the lowest TP) & also Resistance Trend Line as peak of price before continuing down...
Is beautiful to see the Fibo 61.8% level fits on pullback and end up with support level @ 1.13101 on Nov, had to set up higher risk ratio due to support level 1.13101, it might build a new pullback base on drawn resistance trend line(along with HH & LH). 2 entry option, 1 ; short at 1.13101 , TP base on your risk & reward ratio. 2 ; wait for pullback, short at...
On pass few days the "Cable" went down due to Berxit news(I'm not good at reading news :/), after the rise of re-tracement happed but it didn't touch back the line I've draw . Will let the Monday show off the trend with bearish and hopefully will see bullish movement on up coming days till end off the week. Happy trading ^^/ Key Support : 1.27000 Take Profit :...
Hi guys I'm back ^^ so far based on my analysis we could see a good flow of bear trend from 16/10 1600 then, drastic movement off bull on 31th October 0400 till 2nd November 0800 (based on EET) then followed by 2 bear candles (with 4hrs timeframe) and doji, so yah... will see about next week movement :)
will S/R Line (support resistance line) act as bullish trend and push up around 1.17 or will it be bearish continuation after penetrate green trendline.?
Last week it didn't hit my analysis, so I've made close look on this week prediction, all arrows will be my prediction (don't follow if it seem out of the flow) Blue fill box will be the single weekly candle (still as my prediction) but zoomed in with arrows I drawn it doesn't see gonna hit that low so that is why I said don't follow if it seem wrong, just a...
after making few studies during the weekend, and based on the past week prediction(past published idea on EURUSD) a great bullish tend hit the target(1st stage resistance) let's see on this week there gonna be a short pullback(bullish movement) and a huge downtrend start to continue influence the market. remember to reconsider your trading style.
I've seen lot of pullback going on during NFP but it wasn't going up as strong as I predicted, and mostly keep going on downtrend. But some how I giving a "prediction" of the price action might have a strong pullback w/ 2 stage (maybe hit one of it) then a continuation of a downtrend.