EURUSD on the 4h timeframe gor rejected by the daily resistance where the market created a double top. The price starts the retracement and perfectly tested the 0.5 Fibonacci level before moving to the 1.136 level. How can we approach this scenario? We will monitor the price action and check if there will be a break of the resistance area that could give us a...
There are some proper price-actions at fractals (hourly charts). The break of the channel to downside would expose bearish momentum. Happy trading!
Hello traders, Potential advanced pattern formation on the 4H. This trade has a good risk / reward profile. Stop-loss at 113 retracement and targets at 386 and 618 retracements of C-D leg. Enjoy !
Hammer candle confirmed. Hammer confirms support level. Stochastic crossover confirms buy also.
Complex Head and Shoulders Pattern on 4 Hour Chart. Possible pullback on neckline. Breakout distance below neckline is around 155 pips. Successful Trading!
EURJPY SHORT 4h Chart 1. XABCD Pattern 2. Channel Upper Line 3. Resistance Daily+H Good Luck!
There are consecutive bull bars formed... which is a bull trend. This is the first significant bull leg in a while, and I'm thinking this leg will turn UJ into always-in Long. Yes, wide stop, but big reward for strong bulls. Good luck!
Place limit order at 100.861 (LONG) stop: 98.979 Take 1: 103.387 Take 2: 104.945
What about one more wave down? Happy trading!
-IM STILL BULLISH ON THIS PAIR AT THE MOMENT -FIB 0.618 MAGIC RETRACEMENT IS THE AREA I WANT TO HOLD TO SECURE A LONG -A B C D STRUCTURE HERE -THE NARROW BLUE BOX YOU CAN SEE IS A KEY LEVEL HAVING BEEN STRONG RES NOW SUPPORT -FIRST TARGET WILL BE WEEKLY RES 1.4760 IF THESE ARE HIT WILL TAKE PARTIAL PROFITS AND THE NEXT TARGET WILL BE FIB LEVELS.
USDCAD is coming into Daily Support. This is a Potential Reversal Zone for the resumption of the uptrend. Price has created a descending channel right into the support area. These descending channels tend to breakout to the upside. Stops - Need to be at least 1 ATR below reversal zone. Targets - Potential Targets are shown on the chart.. They are based upon...
GOLD 4 HOURS CHART ANALYSIS - TECHNICAL SIGNAL www.cambodiaforex.com
- NZDUSD Long on a 240m chart - breaking small yellow up trend move nulls idea - stops at X
This analysis projects prices on medium-term perspective. Happy trading!
Hi All, I wanted to share this with you, we have setting up here a potential Cypher and Bat Pattern. I wouldnt normally post a pattern that hasn't completed its C leg But in noticing this Cypher I thought to also keep an eye open for this BAT. All Cypher Details in Blue, Bat details in Pink. Blue Line Entry for Cypher which is 78.6% Retrace from X to C Leg if...
My new journey has just begun. Happy trading!