Our Renko volumes and Indicators are telling us to stay short Renko EMAS good Volumes Resistance cleared Staying short have a great trading week
after a trend line hit we might see a rise. iA we can smash tps
All the required information is on the chart. Best, Hannibal
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell.
GBP seems to have a tendency to pull back sharply after bounces in the current macro-predicament. The JPY seems like it will be part of a decent diversification strategy short the GBP along with the CHF and even EUR. Time-frame is somewhere around a month.
Hi Traders, The 4-hour chart of AUDCHF showed a reversal from a key resistance level and a broken H&S neckline. . As shown, the breakout impulse can be seen as a five-wave impulse pattern, labeled i-ii-iii-iv-v (blue). . The Elliott Wave theory states that a three-wave correction follows every impulse. That is exactly what we are looking for now in form of a-b-c...
USDCHF continued to consolidate for Monday in week 9 and in the end, broke the low of the whole consolidation zone. It reached a new low and formed a level 4 bear trend in the chart. I was long for this pair, so I am trapped in week 9. Getting trapped in the wrong analysis is no joke. It took a good 15% off my overall equity, combined with all the losses of...
All information on the chart. Best, Hannibal
USDCHF price break a support level so wait the pullback and short
Hi All , I'm Entering a long position on this pair , as trend is still bullish . TP1 should be around the mini resistance . Price is inside the bullish rectangle. My contents are 100% free . Please donate ; For Donations paypal.me/chartbychart. I appreciate your donations. You can All follow me on Instagram ; @chartbychart_Mentoring
Hi All , I'm Opening a long position from here . Price has been trading inside the uptrend rectangle in a range . Tp1 top of the box . SL to Entry when price move in our direction . Please note we have the china news at 1:45am tonight . My contents are 100% free . Please donate ; For Donations paypal.me/chartbychart. I appreciate your donations. You...
The Breakout Opportunities system has just bought USDCHF at 1.00008. The system recommends entering this trade at any price between 0.9982 and 1.00129. The signal was issued because the USDCHF has broken its 24-hour high while our Speculative Sentiment Index was at -1.28201, suggesting that the USDCHF may have further to rise. A stop loss has been set at the...
Confirmation on the slow Stoc, RSI & MacD is coming closer to a trend reversal confirmation
GBPCHF is approaching its support at 1.3202 (61.8% Fibonacci extension, 38.2 % Fibonacci retracement, horizontal swing low support) where price is expected to bounce up to its resistance at 1.3332 (horizontal swing high resistance). Stochastic (55, 5, 3) is testing its support where a corresponding bounce is expected. Trading CFDs on margin carries high risk....
Hi All , Trend is still bearish , so i'm a sell position with low risk . As you can see the bullish pressure earlier today wasn't strong enough . My contents are 100% free . Please donate ; For Donations paypal.me/chartbychart. I appreciate your donations. You can All follow me on Instagram ; @chartbychart_Mentoring
You might remember this post from 3 months ago, where i said this big wedge would probably be a very good guideline to trade inside of it. So far playing out almost perfectly. On the right, blue circle, i posted about it in my public channel, that it was likely to be a false break out and potentially even the high of this wedge. But today's move, seems to be a...