• Elliot wave formed on 1Hr timeframe • Price overbought on 30m to 4Hr timeframes
Pictures. Go ahead and check out the 2hr tf also. We had a pennant/wedge idk the names. But it broke out with volume bullishly, we had a triangle broke and retested. Seems legit. Im speculating. My bias. Like, comment, follow, donate, send xoxo's.
Reasons: technicals, US elections, trend, nice entry and one more thing.
For The Bullish Trend to Stay in tact on the GBPUSD. The above Weekly Demand Must Hold.
Prediction: EURUSD will finish the day at -0.1% to +0.75%.
SPX500 is currently Consolidating. Looks like it might push through and continue Bullish bias.
Haven't posted a chart much anymore but today I decided to. To say the least, I am bearish on the euro but for the time being... I am bullish. Price is fractal. Looking for the Euro to slide as high as 1.18450 before seeing any sort of significant decline, any retracement shall be minor and in sync to 1.18450. Once we arrive there, the euro should be good to...
Most of my previous analysis have been intraday. This will be one to hold through the week. Blue Vert lines exhibit weekly range, horizontal line across near entry shows Sunday/weekly open. Looking for possible sweeps of low before Wed NYO. If sweep happens AFTER Wed then trade is invalid. Weekly Bias is bullish so looking for a buy opportunity below Sunday open...
I'm posting this as an idea, I thought that the head and shoulder was already here when we touched the 2780 level but we came back because the feds and Powell saying that they will do anything to keep the rally. Now this one (that I have in the picture) might come next week so I hope that the feds can't fight this really obvious technical indicator of a fall....
GBPUSD This is my analysis for this trade, I post up all analysis on tradingview to keep track of my work. On this pair i have a falling flag at the end of its run. Break out forming the inverted head & shoulders. now price has broken the neckline of the H&S looking for the retest to the go long. i feel that price will consolidate for a period, then resume to...
Looking at the Euro’s value in US dollars (EURUSD) to find the general trend and potential entries and exits. We can see historically, due to the momentum of the trend, that using a trend indicator like our Directional Bias Indicator has led to having a rather successful long./ short bias. Above the yellow line, the bar color is green, and the bias is long....
GBPNZD, AGAIN I'AM LOOKING FOR MY FIBO LEVEL TO SELL IT FOR SWING , BUT TILL THEN ITS A LITTLE SCALP BUY.
Daily Support created the illusion for people to go long, the stop losses just below. Remember if you buy, your stop loss is a sell. You SELL your BUY position at a worse price! China and Australia's economies are very tied together, due to the corona outbreak the AUD is tanking. This added with the fuel from all the stop losses below the daily resistance zone...
The Reserve Bank of New Zealand will likely give the Kiwi a boost of volatility in the upcoming Asia session with its latest statement on monetary policy. Expectations are for no change this month as recent economic data has been net positive, and as they wait to see the full extent of damage the COVID-19 is set to do to the world economy. The scenario to watch...
Got to see what both sides of the coin look like. if this was the correct pattern, we could get 8800-9k or we could fake break up and drop. We will see soon enough how this plays out. If this plays out, you better come give me a like for charting the trend you didn't want to.
Long idea... bounce from support zone to blue line (target)..always managing trade according to developing price action
Waiting for brake down and retest of this structure ( H1 ) to possible ride it down to 1.87 area. Watching developing price action.
82.70 is our pivot point. Our Preference: The Upside prevails as long as 82.70 is support. Alternative Scenario: The downside breakout of 82.70 would call for 82.90 and 82.36