One more Comment,. on the currency side, the #NZDCAD is trading @ 0.91104 points as for now, This is above previous daily close , if you bare in mind the strong up Trend as you can see on the chart, and the fact that we had three consequent up days we should reach to the following conclusion ,.conclusion: based on our trend following strategy we may hint for a Buy...
Strong EUR has caught our attention , the Euro vs Hong Kong Dollar is trading @ 9.23867 that is above previous daily close if you bare in mind the strong up Trend (view chart above) as well as the fact that we got 4 consequent up bars the following summery should be considered
summery: According to our trend following strategy we may invite for a...
Strong EUR caught our attention on the daily chart , the Euro vs US Dollar is trading @ 1.17681 . This is below previous daily close . If we take in consideration the strong daily up trend as visible on the chart. as well as the fact that we received three consequent up bars the following result should be considered.
Result: according to our trading...
The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1145.00
• Take Profit Level: 1160.00 (1500 pips)
If the price...
XAUUSD broke the channel on Friday, today market opened at retesting the trend of the channel and now I see a bullish movement with Target 1308-1310 zone.
+150 pips on target.
Remember to move SL when price hit first 50 pips and then when hit 100 move the SL to 50 and so on..
Good luck traders.
Inverse Head and Shoulders in play after a nice double bottom at 0.7450. While GBPUSD and EURUSD have melted today and yesterday, AUDUSD has held on to the support level at around 0.7400. I expect price to come back to 0.7650 levels with a potential break of this resistance back up to 0.7750.
SL - 0.7445
TP 1 - 0.7650
I am potentially look for a BUY/LONG set up on the EURGBP.
My daily analysis is showing me a bullish divergence across the lows to a potential demand zone 0.85794 which will also be a 161.8 fib extension.
My 4hr have has provided me with a potential bull crab pattern in that there a potential bullish Wolfe Wave at works, if i can get move down to 0.85833 then...