USDCHF has reached it's major support zone on the daily timeframe and showed potential reversing. Re-test might be a confirmation of the long position
If you are following my updates, you had an idea of current dump is due to breakdown of of Symmetrical triangle, i have marked the possible dump and a red line of target however that time i was seeing bullish side but corrections and profit bookings are much necessary for a healthy market and it is the way it works, it is usual. Here is my last update #...
FX:AUDCAD Just finished a AB=CD impulse and now can make a corrective wave doing an AB=CD reciprocal bullish. Indicators like RSI has a divergence and Currency strength index has AUD oversold and CAD overbought.
USDJPY has been bearish as projected in my last post. We are looking to see UJ reach the D point where it meets a confluence of a D1 trend line as well as an H4 bullish harmonic. Rally of price is expected strongly at this D point. I expect level 3 behavior at that point culminating in a strong buy.
#CHAT (CHAT/BTC) Buy : 315 Flash Sell : 330 Short Sell : 350 Long Sell : 360-380-400-420-440 Stop : 275 Follow me for more signals daily PM me if you need help or learn to trade
What do we have with this chart? ETH is one of the assets that lost most of the market cap in recent days, more than 53 billion dollars have gone ethereum since May 2018 The last time it was so oversold, made the price of having a bounce of more than 100% in a few days Bear Market Still not over yet The Price will follow BTC, if BTC goes down The "hammer"...
Hello Friends, GBPZND now having a good setup for the long run. I have lots of trade on this pair. Without having any issue this price can hit my target most of my analysis is long-term. And my one analysis contains the number of trading setups.
FOREXCOM:AUDNZD Reached the weekly support and now is potentially bullish being 1.105 a good price to reach after having gone through other price levels like 1.08
I'm new to this so any feedback would be appreciated :). Ascending triangle shape forming that pinches around the previous all time high region. A break out on the upside could see us bull to the 100 mark and beyond gaining more investor attention.
Patterns: ascending triangle break out at start 2018
*106.500 was broke now it being retested * 61.80 FIB * rejection 4h candles
LOOKING FOR SHORT IF THE BREAK-OUT CLOSE BELOW THE LINE
Price has broken below a long term corrective structure, something which signals a potential selloff. We should now wait for a correction before watching for any sell setups. This correction may begin at the bullish bat pattern completion (I am not interested trading this pattern). Price may retrace to test the broken level and there would should watch for our sell setup.
In my last post i described i head and shoulders pattern which is no more valid. My view is the same, waiting for EURUSD to retrace after it's previous rally. This time we have this rising channel in which price is moving. So once again, we should wait for parice to break below the low parallel of the channel, watch for a sell setup and go short.
After breaking a long term downtrend and having retraced to that broken level, price is about to break above a wedge pattern. When the breakout happens we should watch for a buy setup before going long with this pair. A MACD bullish divergence shows that this down move is about to end. Daily Downtrend: