NZDUSD Made it's way into daily structure and put in a double top along with RSI divergence. This move is also accompanied by an ABCD pattern completion at the 1.27 extension. Looking for a move down near the previous low.
Trying for short attempt here at completion of AB=CD pattern along with RSI divergence. This idea will boost my idea on GbpAud short.
Good evening friends, here in Brazil now is 00:55h. I will be returning operations and also intend to collaborate with you with proven tips that work. I believe that the image is well-explanatory, if someone could not understand leave your question to answer. Let's wait for confirmation of this operation likely.
Hey traders, sorry for being away all week but I needed to get away from some of the negativity that exist on these social sites and concentrate fully on what matters most TRADING. The chart above is of a trade we took on the USDJPY this week using nothing more than the fundamental skills of reading a price chart and using the Fibonacci ratio tools. Obviously...
I have identified a valid double top on the 4 hour EURUSD Chart. All my Technical confluences point towards a short scenario likely. Risk Reward is a little over 1:1 for T1 so this makes it a valid trade
I have taken this short due to multiple confluences and used the fib extension for profit targets
AUDNZD has possibly completed a C corrective wave at an important S/R zone. A move down from current levels into wave (v)/3 would likely extend into the 1.088 area.
TradeYodha.com @TradeYodha #USDCHF Long Idea (Harmonics) 1. Harmonic moves 2. Channels 3. Fib extensions 4. Structure 5. 50 & 200sma
#USDJPY Long Idea 1. 50sma 2. fibinacci 3. structure
AUDNZD correction could be over with the ABC Elliot wave and after dropping into Fibonacci retracement level 50%. At this point I expect price go long until reach Figonacci extention at -23.6%.
Using bearish divergence to build a case for reversal trading on USD/CAD with the following favouring a potential short scenario: - resistance (3rd touch) at ~1.2800 - bearish high test close below resistance - price reaches and closes below 1.272 Fibonacci extension level - Stochastic and RSI bearish divergence entry - below low of high test stop loss -...