GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
MX OIL PLC ORD 0.01P, LLOYDS BANKING GROUP PLC ORD 10P, UNION JACK OIL PLC ORD 0.025P, OILEX LD ORD NPV, UK OIL & GAS PLC ORD 0.01P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI)
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
AudUsd - H4 - Sell setup on aussiedollar already triggered.
Rejections at 1.003 and 1.004, which also happens to be a historical structure area and a 0.618 fibonacci together with weakening momentum. These key points build this case for me.
Aiming for first profit at 0.994 and final at 0.988
Structure, trend line, and a fibo 0.618 are all fighting together for me on this one.
I will watch closely and keep trailing tight after passing 1.0 down at target two.
For a more conservative approach you could wait for this 4h candle to close (20 mins left) or the MA crossover at hourly.
Recently, as you can see on my recent published charts, mr batman has proved himself incapable of assisting and been completely beaten down.
In this setup we have a bigger gartley-pattern which could add some backup to the weak (yes.) bat, together with falling trendline and structure looking back - and the double top that these two combined will form when the ...
4 failed attempts on breaking to the upside. We now have a broken trendline to the downside. Targetting retest of 1.00000
Stop loss above the highs
Time to get short!.. Or long!.. Or both.
We're currently in a previously tested channel with support/resistance both above and below. We see two pattern forming. Gartley (red) and bat (yellowish).
Orders are pending on both, lets see which gets filled!
Inside bearish triangle / pennant we find this opportunity to sell at the retest of the upper falling trendline. I place my take profit just above previous support and above 61.8 fibo of the leg.