fan_hamadi

fan_hamadi

UC has been in an UPTREND for most of this year. I am personally interested in two areas; if one doesn't work out, i'll retry on the second. if that doesn't work out either, then it is what it is, it just a matter of risk management and psychology. The first area is a combination of 4H SUPPORT and a 50 4H EMA and is a 38.2% Fib retracement, The second area is...

fan_hamadi

the trend on the NIKKEI has been up on the larger timeframes which makes me a bull still even though the smaller timeframes say otherwise. I am expecting the WEEKLY support to hold and potentially break the first trendline, and target the second one for a potential rejection to where the higher timeframe UPTREND and the SUPPORT meet. which will make me for an ENTRY!

fan_hamadi

We might see the DAX plumet further from here. Confrmation was taken from the break of the 1H uptrend. And, the 4H wick rejection. all this plus the EUR strenght led me to assume the DAX to continue lower.

fan_hamadi

EURJPY is currently at a support zone that may bouce up from to potentially make new higher highs, not just that, but also having the fundamentals agrreing with the technicals which you can explore and find out more about online.

fan_hamadi

The whole idea of shorting this pair is mainly based on technicals and a bit of fudamental analysis: Technicals: Break and retest of both the trend line, and the support, as well as the 4H 50 EMA retest. Fundamentals: GDP GROWTH IS HIGHER IN AUSTRALIA, INFLATION IS LESS IN AUSTRALIA, UNEMPLOYMENT LESS IN AUSTRALIA, the only thing against us here is interest...

fan_hamadi

All the criterias have met, now simply waiting for a confirmation to go long on this pair. Confirmation might be a bullish engulfing with volume or breaking the counter trendline.

fan_hamadi

My favorite setup this week is on AUDCHF even though it looks like 1D is forming a head and shoulders pattern but the 4h is still looking bullish which interests me the most, and the confluences line up pretty nice; and those would be: 1- S/R aka break and retest 2- 38.2 Fib retracement 3- 1H Trendline 4- 4H 50Ema The trigger to getting me in the trade would be...

fan_hamadi

Waiting for the break of recent lower high in the 1h to go long on the PoundSwiss 4H timeframe. With the 1H stochastic divergence and the support area.

fan_hamadi

I am waiting for the break of the 1h trend line to go Long on the Pound against the US dollar

fan_hamadi

I am placing a buy stop above the previous lower time frame lower high, for a potential bounce off of a broken resistance turning support.

fan_hamadi

I am waiting for the last broken resistance to get tested to go long on EURCHF on the 4H chart, with confirmation on the 1h chart, that either could be a break of structure or, stochastic going oversold or even the break above 20Ema on 1H or 15M

fan_hamadi

UC has been on a very long downtrend until it stopped making LL and LH, and started making HL and HH with the channel showing on the chart above. I am very interested in the break and retest of the resistance and going long with stop trailing. What do you think?

fan_hamadi

A potential retest of the broken support will get me in a short position...

fan_hamadi

A pullback to the previously broken resistance may trigger a nice trade to the upside, What do you think???

fan_hamadi

What do you think???

fan_hamadi

the two possible moves that I'm currently focussing on....

fan_hamadi

I'll be waiting for the break and retest of the resistance on the 4H chart... What do you think???

fan_hamadi

Possible moves of the PoundYen on the 1H chart