H4 - Price is moving inside a range. Currently the price is at the bottom of this range and we can look for buys as long as the range holds. Two possible ways to enter this trade: Conservative (H1) - Enter after breakout of the trendline. Aggressive (H1)- Enter once a bullish candle pattern forms after the divergence completes itself, which will also complete...
Historically when this indicator surpasses this level, the stock declines by at least 1%. The average decline is 10.85%. There are many fundamentals in play with this technical indicator that will support a decline. There are three levels to watch, my play is always the most conservative one. CONSERVATIVE: A simple 6% drop to around the low from Dec 8 over the...
+++ Don't forget to LIKE & Follow+++After yesterday's big upward move, now price is in a correction mode on 4H, EURUSD. Price is heading lower to test our structure shelf - presenting to us a potential 2618 Bullish Setup. This will be nice opportunity for all of you conservative traders. If you look left price didn't break current structure level @ 1.1130s, we...
Hello all traders! More harmonics! We may have a Bearish Butterfly pattern on USD JPY 60m Conserve losses! As we have NFP on the way! Have a good one, and all the best in your trading! CharlieFX
Good Morning Everyone, Just something simple for you traders here! I am Away for Christmas, and as for this I will not post much ideas over the holiday. Have a nice day, CharlieFX
Afternoon, A Few Patterns For You All, In One Chart!! This May Help With Your Analysis, Be Conservative And Wait For The Completions. All The Best In Your Trading! CharlieFX
Elliot Wave Combined, 5th wave completion @ 61.8 Level If the completion takes effect, then look for a TP @ 0.127 Fib Level Being Conservative HERE! 3:1 / 2.5 Odds of Return.. Will update MACD / STOCH / RSI (7) results, AS of now there is HIDDEN DIVERGENCE and a POSSIBLE retracement to the 236 retracement. Be Wise, and all the best in your trading! CharlieFX
Gold is in a well established downtrend and broken structure to the downside proves this trend's still strong enough to reach more southern price levels. On Friday broken structure was retested by a long green candle. This last candle shows a nice bullish momentum to the upside. That's why I'll be coservative placing a double stop order rather than sell at structure