Price is making a double top pattern, on lower timeframes price seems rejecting this dynamic level (this dynamic zone is also near to a resistance since 2009). I expect a downside movement to 0.7500 (corresponds exactly to the size of the top.) I'm also DXY to break the trendline so we can get another confirmation.
AUDJPY seems ready to drop for completion of wave 4, correction to wave (E).
Hey Traders, Here we see the Aussie like the cable poised for further decline as the bear takes on a bearish breakout below channel support @0.73000, In lieu with our DXY chart we expect heavier market movement upon NY opens in few hours.
HELLO TRADERS, OUR VIEW ON #AUDUSD MARKET STRUCTURE BREAK FROM .7200-.72500 CONSOLIDATION ZONE WE NOT WATCH FOR RETEST OF .72000 PRICE ZONE IF FAILS TO HOLD, WE ARE TAKING IT DOWN TO .69250 AT LEAST! Always ONLY Risk what you are ok to lose. #Forex THE TRADING REGIME. OANDA:AUDUSD
Aussie will continue to fall this week. This is a bearish trend, target sell opportunites. Note: trade with risk managemnt
Pinbar formed inside of our pennant pattern. I would like to see price break out of this pattern and close beneath the demarcated trendline to confirm a downside push hence a sell entry would be probable.
Hi Traders, here is my analysis for this pair. Though I was anticipating an impulse into the 0.9550 area, we saw where price pushed higher to test weekly resistance before the initial sell off. I've labeled the areas based on what I will be anticipating. Like and Comment your thoughts . All feedbacks are welcomed. An entry will be taken only if all rules of my...
Hi Traders, here is my analysis for this pair, Comment your thoughts or like if you agree. All feedbacks are welcomed. An entry will be taken only if all rules of my strategy are satisfied. Add pair to your watchlist and see if the rules of your strategy provides an entry.
I am looking for short if price rejections zone i have marked. I am looking for scalp trade on this. Take profit will be at 25 pips. Stop loss should be 12 to 15 pips.
Candlestick close on 1h time frame doesn't look too promising and it's possible to see a move lower from the resistance line shown on the chart. Keep in mind that the main driver will be the move in equities. // Make your own analysis before entering position. Feel free to share your opinion/position via comment and follow me to stay updated + support my work...
Long activated as per previous - Waited for the double bottom to occur. technical fresh touch of the demand after a long rally down drop base drop scenario on previous touch - strong engulfing candles to the upside, similar pattern here bearish technical - was oversized head and shoulders Long term - Aussie will lose momentum with a risk off scenario If you...
I am looking for it break the LOWS where I have my arrows. I am expecting a break and retest of this area. Personally I have a SELL STOP in place which is riskier. It would be safer if you wait for the break and the retest. SELL STOP AT 0.68131 12.5 PIP STOPLOSS 25 PIP TAKE PROFIT. 1:2 RISK TO REWARD. Feedback would be appreciated. Check out my YouTube PAPICHULONOE.
Short term LOWER HIGHS AND LOWER LOWS. Expecting for it to continue BEARISH. SELL STOP AT .67958. 1:2 RR 12.5 pip stop 25 pip tp. I am personally risking 1.5%. A safer trade would be to wait for break and the retest. Might not play during ASIA maybe London session.
looking for a second entry on NZD JPY - depending on how the the market conditions look. We have a daily indecision candle - so looking for some good movements tomorrow lining up. Fundamental tension in HK will affect the NZD and Aussie at the sametime. So we expect some possible sell - off. from a technical S&D perspective we will look at the fibonacci retrace...
AudUsd H4 TF. If price can break 0.64 then it can go as low as 0.63
Reason:' 1. Break the trendline and retest 2. Reach resistance level If you Agree, hit the like button and follow me to see my opportunity to buy or sell in the market. Keeping the trade simple, even it's super simple, as long as you understand what you are doing then take the risk to gain. Priority: 1. Stop loss must smaller than your take profit. 2. Must at...