awsg875

awsg875

Elliott Wave in play. Im very bearish as I also see "M" forming. Would like to see it down to 19.50 demand area before a sweet pump. Thoughts?

awsg875

Buying EUR/AUD over 3 trades. One trade got straight into it in case it went up straight away, the other two trades in hopes for a retracement which has happened and been filled. 3 trades longing EUR/AUD with TP@1.699ish area. Reason for my trades are: a) Inverted head & shoulder b) resistance got broken and now retesting. Pips from the head to resistance are...

awsg875

My bias is short. DXY is bullish with US news, further interest rates might be needed. My bias for gold is short. Might go up to FVG and then resume down. I will have three entries. Entry 1 @ 1910.58 Entry 2 @ 1916 Entry 3 @ 1906 - 1905. Full TP @ 1889.08. From this point, the price will either continue down (doubt it) or create a double bottom where there will be...

awsg875

Added a sell limit order at 1.3151 TP1 at 1.72000 & TP2 at 1.71036 & SL at 1.73465. Reasoning as the mind I posted yesterday below: A) Major Resistance at 1.73296 B) Hoping the pair to form a double top. Trade might end up going south and break the resistance at 1.73296 and continue upward for wtv reasoning, hence the tight SL. Share your thoughts :)

awsg875

On the daily TF, the chart provides a simple yet tricky breakout. I'm bullish on the pair, keeping it basic and went for a second entry during the retest. With my analysis, I'm confident that the pair will go up, however, this is forex so things might go south. Good luck in your trading week ahead :)

awsg875

FX:USDCAD - LONG. In my opinion we should be longing this pair. Reasoning: a) Bullish Pin Bar from support area b) Bullish Engulfing candle formed not long after c) FED interest rate decision "forecasted to hike" but as I live in Australia and data comes out at 4AM, I will keep a tight SL. The trade might go south, but I will be satisfied with the reasoning I...

awsg875

A) If price closed above resistance, Entry 1. B) If price closed above resistance, Entry 2. C) Longing to daily resistance TP1. D) Longing to weekly resistance TP2, if price closed above "C".

awsg875

Elliott wave playing nicely. Halving is coming soon by 2024. I expect the price to go to step 5 in elliott wave before creating a divergence and shortening. As always, feedbacks appreciated.

awsg875

Elliott wave in play? Taking the trade if closed above current resistance. Thoughts appreciated. If current resistance gets broken I think we could reach February high. Giving inflation is settling in USA so no more further rate hikes (maybe 1 more) and AU inflation is still high might get more interest rates hikes during the year. Feedbacks are always appreciated.

awsg875

In a perfect world, I see this playing out. Reasoning (forecasted): BoC increasing interest rates forming double bottom - US inflation MoM is up indicating further interest rate hike might be put in place making USD gain some momentum till supply. If we broke the "W" then a long position should be beautiful. This is all just from the forecastig data available, a...

awsg875

Fall is going to be legendary. With 1.06829 support being broken I believe the pair will fall all the way to 1.04500. Reasoning: Completion of H&S patter, USA might have further interest rate hike & TP target is same pips from neck to shoulder. Appreciate your feedbacks :)

awsg875

Very bullish here. With RBA forecasting an increase 0f 0.25 interest rate hike and Canada's unemployment rate rising than previous, I believe the pair will grow. Longing now at 0.88385 or at a retest all the way to 0.89281. The TP sits perfectly on 50% fib and is also a major supply zone, might break through, might not. Let me know your thoughts please as I'm...

awsg875

FX:AUDCAD - RBA interest rate decision on Tuesday. Forecast showing increase of 0.25 hike. Longing if price closed above resistance with TP1 0.886. Let me know what you think :)

awsg875

My idea for EUR/USD. Hoping for another supply zone to occur within the next couple of days and will short to demand zone. Longing from demand to the trend line/ supply zone if formed and then shortening to complete the right shoulder. TP target should be from head to neckline. Let me know what you think :)

awsg875

Will be shorting EURUSD after a retest @ 1.0925 with 1st TP @ 1.085 and TP2 1.077. Let me know what you think :)

awsg875

Please give me your feedback.I think the pair is bullish till top descending trend line. I'm longing to resistnace and if price broke it, going long again to the upper channel line.

awsg875

Descending Triangle formed on the daily tf. Will be using Jarroo trading strategy and wait for today's candle to close. If closed below support line will put a limit sell order. Let me know what you think :)

awsg875

Looking at the chart I believe the pair is bearish. I will wait for trend line to break and reach liquidity area and take a short position from there to trend line. Let me know what you think :)