qureshi009

qureshi009 Updated 

Daily chart giving price rejection pin bar candle at 61.8 retracement. My analysis is that, the pin bar price might be retested and then if got rejected, we can see a downtrend completing the C to D leg.

qureshi009 Updated 

Look at the previous trend break out and sell oppurtunities. Let the weekly break the trend line and close below it and good sell oppurtunity. with TP at S4 and S5

qureshi009 Updated 

Guys looking at the weekly chart, nice pin bar with price rejection and reversal indicator can be seen. The same can be seen earlier. When market opens, I will put a pending sell limit as shown.

qureshi009 Updated 

Simple price action trade.

qureshi009 Updated 

EU short trade- let us see how the price plays

qureshi009

Simple price action trading, no indicators are required, only support and resistance zones or fib can be used to sel sl and TP. Look at some identified price rejections with long wicks and looks at some good movement.

qureshi009 Updated 

Looking at the Daily candle price rejection is noted. I would wait for the price to retest price of yesterday's candle and then may be down move. SL - Set above yesterday's candle wick TP- AS per FIB.

qureshi009

Currently NU may form a previous pattern moving in between parallel lines. If the price breaks and closes above the red trend line we can put a long trade. if not and if it breaks the green horizantal line it can continue in the parallel line and move down. Both long and short SL and TP as shown.

qureshi009 Updated 

Potential ABCD pattern

qureshi009

Potential ABCD pattern

qureshi009 Updated 

Pin Bar, tested the resistance price moving in downwards direction. I have a short with SL 1.41992 and TP 1.38160

qureshi009 Updated 

Looking a the monthly chart, a bullish pattern has formed giving a signal for long trade. We can look for a good long oppurtunity here SL below X point TP - C point.

qureshi009 Updated 

Looking at the daily TF , a pin bar formation can be seen, indicating a reversal or rejection from the resitance and sellers coming in. I will put a pending sell limit order with an entry point of point of 50% of the current daily candle assuming the price goes back 50% and then starts coming down. SL- set above the pin bar and expecting atleast 1:2 RR TP 1...

qureshi009 Updated 

Looking at current EU movement, I am seeing a ABCD pattern formation in progress.B point was approx a 61.8 retracement and stochRSI is approaching the oversold zone. SL is point C and TP will be point D. Also EU trend has been a strong bearish movements since long time. I will open this trade when the market opens next week.

qureshi009 Updated 

Forming a good ABCD.

qureshi009 Updated 

Looking a the previous structure formation, currently it is testing the previous consolidation state and also crossed the 61.8 fib level. It will test the 1.04696 support again and if breaks could possibly go to 161.8 if not, it has to break the downtrend and continue move up. Guys let me know if anyone agrees to this.

qureshi009 Updated 

Trade idea is simple based on fib retracement. SL is set above 61.8 and TP 38.2

qureshi009 Updated 

Looking at the monthly movement of this pair, it has moved between 246.843 (monthly high) to 117.374 (monthly low). If you draw a FIB taking high to low and looking at different retracement levels, what I notice is that 61.8 (197.368)has been a very important level, whenver it has broken that level it has either been up and down for good amount of time. It 2015 it...