Flats are uncommonly traded correction patterns on the Elliott Waves Traders Communities. I go over The in and outs of the flat correction. Wave A is a correction, wave B is a correction, and wave C is a motive wave.
📚 LEARN MORE 💰 EARN MORE With ForecastCity What is a Range-Bound Market? A range-bound market is one in which price bounces between a specific high price and a low price. The high price acts as a major resistance level in which price can’t seem to breakthrough. Likewise, the low price acts as a major support level in which price can’t seem to...
Here is today's GBPCHF trade which took a little to get going but then easily reached it's PT (+101 pips). good Solid trade, all 4 horseman aligned :) Allen
GBPCHF - Sell Trade ~ +120% Until Now, From Thrust Shortened For those who hold an overall investment the Asset Value at Risk is the worst scenario the price can reach, the worst loss at normal market conditions, before to consider managing the investment into the Balanced Portfolio of Uncorrelated Streams. Details on the chart. Thank you Girolamo...
I will conquer. I put my blood sweat and tears in this shit.
GBPCHF - I Have 1 trade in the Selling Wave, Under Extended Price I have 1 trade that follows the Selling Wave. This is a new trade opened after the Starting Trend Point. Then, it can still fail. The price is Under Extended. There is a Progressive Increase in Volume during the Selling Wave. This will tend to affect the price behavior. Value at Profit....
Market technicals indicate further sell. Trade at your own risk ...
I took a trade this morning on GBPCHF. I was able to confirm the breakout using the relative strength index. ENJOY!
GBPCHF - Rockets with TSI Simulation. This is a Simulation that uses the classic Rockets. Besides, it compares Rockets with the TSI or MACD entries and exits. This is a way to simplify the trading practice when a trader like me has not more the willing to analyze the market point-to-point, for manual trading. As you can see, the price line is no longer...
Welcome to our Academy. We’re here to help you achieve what you have been looking for. Use our free analysis where you have everything you need for potencial trade ideas and profit. GBPCHF – Sellers on the decisional edge Trend : Sell/ Neutral Support/Resistance: R3: 1.30175 R2: 1.28902 R1: 1.28029 S1: 1.26765 S2: 1.25092 S3: 1.24123 S4: 1.22013 Price...
Expecting a sell one market breaks out of channel, use lower timeframes to time entry. For educational purposes, trade at your own risk.
today we started with a slightly mixed market (only 2 bullish pairs) but a preference to sell because of the gap down at the Sunday open. After the GBP pairs pushed down (and we got a great breakout trade), we set-up an MA trade on this pair. This was the last to reach the MA. and clearly worked the best. Those who trade the Gold Method Ichimoku and have been in...
GBPCHF– Buyers might looking for higher price levels. Trend: Strong Buy Support/Resistance: R4: 1.32568 R3: 1.31354 R2: 1.30288 R1: 1.28926 S1: 1.28275 S2: 1.27360 S3: 1.26577 Price action: Sellers are working on potencial sell because of weak eur currency on the other side. Sellers has to break S1 and then will be even more stronger then, they are now....
GBPCHF – Buyers started following power of Gbp currency. Trend: Buy/ Neutral Support/Resistance: R2: 1.29594 R1: 1.28518 S1: 1.27640 S2: 1.27036 S3: 1.26425 Price action: Price is headed to test last Higher High by buyers momentum. If the price will break first resistance, it might go higher to achieve second target at 1.29594. If first test to last higher high...
GBP/CHF is in strong buyers territory, up trend and right now in consolidation mode. We are waiting on break bellow the structure and with target to the end of buyers territory or on the break above the structure and with target on the higher time frame 1.33700.
Dears, please, find our information as mention on the chart. God knows and good luck
GBPCHF – Buyers might go forward to test high levels Trend : Strong Buy Support/Resistance: R3: 1.31376 R3: 1.30305 R2: 1.28878 R1: 1.28184 S1: 1.27813 S1: 1.26778 Price action: In this range market flow is caught into range flow, which is undecisional spot. Once buyers and sellers show the right timing, we'll know who's gonna continue. I have positive look...