Elliot wave on daily complete. It seems that we are getting out of the downtrend. Expecting to see a proper reversal before buying.
we still have way to go on the bottom and once it touches that are we are going up again. Afterall, we had an all time high..
Channel is channel, downside is confirmed 3 times already, while the upper boundary only once, I expect tomorrow crude oil inventories to be negative though, let's no trade before inventories.
It has to be, but it is not so trivial, I think we are going to have a spike to the bottom with powell testimony and and then another spike up to confirm one last time and then down again. So no entry before testimony, hopefully we catch it when it goes up
It's summer and I want to go to the beach instead of watching this fighting ups and downs. I am not convinced by the downtrend shown on macd 1h, 4. I am not convinced by the uptrend. I opened a trade and closed it at 130 usd and i just made 40 from spreads and fees. even if you are profitable you are losing with this market. I think that at Thursday with the fed...
Oil hits on channel's borderline and bounces, easy trade with high win to loss ration
Wonderful opportunity to long, don't miss it. Monthly and weekly eurusd failed to break below 1.067, there has to be an uptrend momentum. US news are not doing well, because of the interest rates, it's time to flip the market. Watching MACD daily
This is not normal ! FOMC Dovish AUDUSD almost broke HH. IF breaks the descending channel then we just buy all the way
Dear traders, we are very lucky because RSI on 4h is oversold. A common strategy is wait for a reversal pattern on 4h rsi. we also have gaps and expecting to feel them up before continuing down. I already sold at 1.09 and closed the trade manually to guarantee my profits.
Dear Traders, You know how much I have been trying to find a the new descending channel. It actually been formed already and we are waiting for the last confirmation. One guy from minds published something similar and I got inspired.
One more Low then interest rate cut bring it for last time high and then it shoots down with nfp tomorrow
Elliot wave theory, we are currently in wave five. This could be the longest wave. We know there is an end to this and it will happen at the pick of wave five. Looking for pullback to enter long, for today and tomorrow until ecb decision
Ascending channel lowest border is been hit for second time. If there is a time to buy, is now.
Hello Traders ! Bullish scenario is continuing. I was ready to close my buying position until the descending middle line of the channel is finally broken. We are going full force to around 1.1
So guys EURO still shows strength and I am looking to find the descending channel formed with all this lower lows in each consolidation phase this is my final set up. Share with me your thoughts.
Channel respected continue bullish move Rsi overbought retest 4h and up
Hello Traders. after one week of patiently watching eurusd trying to break above 1.08 and didn't make it we can expect a fall were more liquidity exists. First tp 1.0725 second tp 1.068. We are right now on the top side of the descending channel and we have a strong descending 4h head and shoulders.
1.065 we have weekly support plus middle line of the channel plus diagonal line. We are going to have some support before going down to 1.05