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Bullish Garthley Completion + Volume divergence H4 + Triple Touch Trendline (a 5th of 5t of 5th wave count not on this chart tho).. lot's of confirmations.. Low risk High reward!
I am a buyer on this if we see a move towards 1.2740. Primary target around 1.2870 and secondary target around 1.2890.
A small corrective structure has formed after breaking out above 0.9640. As long as we are above this level I am bullish and am looking to buy weak pullbacks into 0.9655-0.9640 area. First target at 0.9680, second target at 0.9710.
GBPUSD technically shows us a good chance to start buying it. It forms a divergency, it's candles show that bears quite weak about sending it lower, and so we consider long could have chances to go up to a very long channels high. Plan A : we but today before the market closes then we watch the market how bullish orientated it is. Stop-loss:...
Price action likely to consolidate around weekly resistance at 39.63 before advancing to the next weekly resistance at 49.08 before pushing upwards to 50.68 where the physiologically important $50 oil mark will likely cause the liquidation of long positions and a sharp correction downwards. Buy entry point at any failure to break before between 42.32 - 41.42
We wish that our analysis could be helpful on your trades. Here is an update for USD/CAD, envisage for PRICE BREAKOUT. It would be a great idea to BUY on 1.30810 and place your TARGET at 1.30947
Reasons for -As you can see we have Lower highs and lower lows -This shows us a clear down trend on the daily Timeframe -We have bounced from our key level at 2.00000 and have found some bullish momentum -As you can see we also have our trend line underneath Price -So essentially we are still up trending on the higher timeframes -The past day put in a long...
Reasons for -Firstly we are up trending on the 4 hour -We are making higher highs so to signify uptrend -We cleared key level of 0.7000 -We are trading above the Key Level -We are due for a new higher high and a impulse move to the upside -We also have come to the trend line and has show Strong level of support -Also on the trend line we have reacted and...
Reasons for -Firstly as we can clearly see we are in a Triangle formation -We have had multiple bounces from the Bottom trend line which is now acting as Support -The previous Four hour candle was a doji on the trend line -Now this 4 hour candle stick is forming a nice big bullish candle which signifies Bullish momentum from Trend line acting as Support -We...
GBPJPY WEEKLY BUY GBPJPY WEEKLY BUY OPPORTUNITY, WELL IT WILL BE RETEST FOR SHORT,
GBPUSD WEEKLY BUY PIN BAR We can get the opportunity in buy fever with the GBPUSD WEEKLY BUY PIN BAR
We can place buy stop on the breakout of doji bar. it has retouch the broken level and formed doji.
Reasons for - We are clearly up trending - We are putting in higher highs and lower highs - We are getting nice swing highs and structure - Previous 4 hour candle was a bullish hammer (Bullish candle) - We have nice long wicks to the downside which signals more buying power - We are above key level of 0.75000 Daily - We put in a huge Bullish engulfing last...
The Yen pairs have been so good to me this week, so far i've booked in 134 pips on NZDJPY(Bullish Cypher) and USDJPY (Bullish Gartley) (Still waiting for second target) and now we have another bullish cypher set-up on CADJPY. This is not a big trade in terms of the amount of pips i stand to gain/lose (35/22) but still, it is a trading opportunity according to my...
Following my post from yesterday on this pair, I mentioned how the market might provide us with a chance to get long but due to a relatively quiet day today we didn't quite get the press back down to the best area to get long on this pair, however, the market is stuck in a descending channel following the strong bullish move we had yesterday and the good news is,...