We are in overal downtrend on Weekly Dayli and 1H charts.As we can see price nicelly respecting our top trend line and heading back down this is how i see price movement for next days from technical side.From fundamental side all i can say that JPY is a lot stronger than NZD what making me think price may go down even more.Let me guys know what u thinking about...
In 4h chart we are in nice UP trend where last candle just touched bottom trend line and heading back UP on 15min timeframe we are in downtrend where RSI showing bullish divergence so its nice signal for reverse in my eyes.Let me know what do u think down below.
So as we can see very nice downtrend price is respecting our trend lines perfectly. U can let me know what do u think about this trade down below in comments area.Thank you
Price nicely jumps from our support line.Our RSI making nice divergence higher lows which means price should reverse up + my old friend Aroon say we are on the way to up trend i think price will move above top trend line if im looking at fundamental side of the trade theres is still big protests in America which means economy of America will decrease from other...
As we can see on currency strenght USD winning against CHF thats one of the reasons to go long in this trade.Second motivation is my fibo where price holding on level 50 on 4h,1h and 15min charts so im thinking it could go UP in this case.This is just my own personal idea dont recomend to use it to anyone as im just begginer and not sure 100% about this move....
As we can see on currency strenght EUR is stronger than JPY and forecast for JPY doesent seems to be very pinky in close future so in this case i would go long after reach our support level of course if its gonna happen.Please let me know what do u think in comments down below.Any advice is welcomed.
as we can see my indicator showing me AUD is a bit oversold and it might be signal to go up.Its a bit late jump in to trade but i think later better then never. Im just begginer and kinda playing with charts now with my Demo acc so every advice is welcome and appriciated :)
Welcome to MONEYTREETRADING please utilise my TradingView profile to follow consistent top down analysis through Monthly Weekly Daily Four Hourly and One Hour candlestick price charts. Here the only focus, ever, is GBPUSD STRICTLY!
Please follow moneytreetrading Instagram @moneytreetrading, please follow the analysis on YouTube and watch out for the new website...
Welcome to MONEYTREETRADING please utilise my TradingView profile to follow consistent top down analysis through Monthly Weekly Daily Four Hourly and One Hour candlestick price charts. Here the only focus, ever, is GBPUSD STRICTLY! Please follow moneytreetrading Instagram @moneytreetrading, please follow the analysis on YouTube and watch out for the new website...
Conclusión: Después de la explosión, se está acomulando aún así durante esa acomulación podemos ver como está cerca de retestear el P3 de la tendéncia alcista, cosa que podría hacer; aunque teniendo en cuenta que se nos ha creado un HCH invertido que está siendo retesteado, si nos confirma ese retesteo puede que ya suba directo, de todas maneras, esperaremos un...
USDCHF is now trading at trendline and horizontal resistance after the midterm uptrend. The pair appears bullish around this area so we will wait to see a rejection of this level before looking for short entries.
The weekly timeframe outlines a bigger bearish flag pattern with already prior 3 touch confirmations followed by lower lows towards the bottom of the flag. Considering the approach towards the bottom of the channel we see a lower time frame (4hr) flag pattern which we can evaluate from the analysis I have posted above.
Trade active after the third touch...
After witnessing a break through on the daily/weekly bullish flag pattern we only seek to look for buy opportunities.
The break out of the bigger picture time frame was followed by a lower time frame retracement in the form of a bullish flag pattern.
Entry taken upon the third touch confirmation within the bullish flag pattern followed by a 4hr bullish engulfing...
Reasons For The Trade (always Fundamental and Technical - always):
EUR: ECB tapering their bond buying, and end of QE now in sight and signalled to the market by Mario Draghi in last meeting.
EUR: recovering from losses from Italian political tensions in November (Italian Budget concerns now no longer a concern)
EUR: Any good or semi-good data will be...
HIT the Like if you appreciate :After USDJPY successfull long call as below ,Now USDJPY forming a down triangle to go down. Very minimum stoploss price given here .Once can confidently go short as the SL is very minimum .This is a zero or hero call.
Predicted using LongBuyLongSellIndicator Script and...
