GOLD See the exact chart below and notice the patterns.
ETHEREUM Short-term chart. Working with Fibonacci's levels. We will see the correction to the 38.20% and again up.
EUR / AUD Short-term. Two zones and long position here. Gap will also be filled, but later.
View: 4H HR News: Fri. OBSERVATION: After last weeks breakout price is rising again as it seems that the market have digested last weeks news but it could just be for a retest, I have marked two possible retest zones. Will monitor this pair for a suitable entry.
There seems to be this possible XABCD pattern that will be occurring when the market hits the resistance level. This is a possible reason on why it may reverse at this level, it is due to the fact that the when formation hit A at that level, prices started to go underbelly aggressively so I am hoping for a move similar to that previous downtrend. Two profit...
GBPUSD ranging between well tested support and resistance levels at 1.215 and 1.26. Based on existing uncertainty surrounding Brexit, and fears of 'Trump Rally' reversal I hesitate to predict the trend going forward, but as 'Brexit' appears to be at least partially priced in, I'm more comfortable buying below support, with a tight SL, and TP at 1.26. This...
USDJPY long bounce play coming up on the 4 hour chart. This setup will likely start off with London and carry through to the US session. I am expecting price to continue to drip down lower (price action is still 63 pips from the bottom of the channel) until we get a good solid bullish rejection just in time for the London session. Price has been trapped between...
There seems to be a possible double bottom formation occurring around the 5.35 area. The first V sectioned of the market shows a reversal upwards and the next V section shows even more upward momentum. I'm hopefully waiting for it to hit the 5.35 area so I can buy it and go long and I will take another trade straight after the first one takes profit cause of...
Testing the cloud on 4hr. 2 bars following unsuccessful test, sell.
FX:AUDUSD Opportunity to sell from 61.8 FIB LV
USDJPY – 19/03/2017 4H The value of trading trend channels is that the trader can trade short term, or look for a breaking of the trend line. Be wary of intraday breaks and fakeouts. Point 3 the trendline was violated on an intraday basis but then closed in the direction of the original trend. The RSI is also supporting this analysis of a bounce. ...
Price jut completed an ABCD pattern and is showing a retrace from the D extension which coincides with a monthly support zone of 118.00. I am anticipating price to get up to 120.00 zone which is in line with the fib i have place from the most recent lower high and 'Roof' of my EMA. The confluences are amazing on this pair!
Hi Traders, Possible Bat completion this week at the 88.6% XA confluence. Please watch this level but allow price action to provide bullish evidence. Price may drop further to 161.8% AB before reversing. T1 @ 38.2% - 87.013 T2 @ 61.8% - 87.454 Stop @ around 85.000 Good luck. Trade carefully.
Ascending Triangle EMA13 has crossed EMA69 Wait For Perfect Candle
This trade strategy using 1:1 RR with more than 80% Win most of the time. Wait for the signal stated Manage your risk, manage your money, you should be good to go! TRADE AT YOUR OWN RISK (TAYOR)
Complex Head and Shoulders Pattern on 4 Hour Chart. Possible pullback on neckline. Breakout distance below neckline is around 155 pips. Successful Trading!
Price action is showing a significant rejection of the 1.240 support level, price is now testing this level for the 3rd time. I will be waiting for a break and retest of the Counter Trend Line (CTL) to execute a long trade. A break through support and i'll execute a short trade to around 1.226
An obvious Head and Shoulder pattern has been completed on the 4Hr TF. Price is now currently at a support level and i am anticipating further downward momentum. Price is under both of my MAs which is a confluent as part of my trading rules. I haven't personally taken this trade, i am waiting for Price to break and close below the immediate support before i...