We have bad news oil complex so our target short position 27.0 or down. This price OIL in III Wave Elliote and this good news for us. The OILWTI dropdown so OILBRENT dropdown too.
AudUsd is moving towards a buy position above daily trendline support MA 50 is broken to the downside - SMA 50, yellow line I will wait for MA100 to break and buy above trendline support - SMA 100 green line TP is below double top and MA200 - red line
I am back with more analysis. Use them how u want them to use, this is my opinion and my way of profitable trading. I don't recommend following people blindly. U can find the other "tradetostart's" on my instagram : FXB_Buddy Check it out! The link to my website is also on there.
Potential Bat Completion Good sell on risk to reward
Short red box , fib .382 on 1D chart and 15M , Stoch is down trend with divergence. , SL 1.09 TP double
Daily Resistance strong sell good risk to reward trade
Yesterday's earnings report is a huge difference from the past 2 quarters and the last time this company had an earnings report like that, it was trading in the $30 price range. For this pattern though, the target price is $15.45. thepatternsite.com
I think I have found an interesting setup on the 4 hour chart in GbpNzd for a short position Price is currently right below 100 Simple moving Average and just below 38.2% Fibonacci retracement level of last move down these combined resistance levels should hold the price below, and pair is already bearish being below daily trendline and a top seems in place...
Good evening traders, Here is a nice cypher pattern. i missed it but will have a buy order on 1.3477. Very good risk reward. Target set between .5 and .618. Lets see if the price comes back to 1.3477. Good luck this week.
update : broke out of consolidation lets look for a .618 retracement for a long position --------------------------------------------------------------------------------------------------------------------------------- Good day to you traders, Just saw the 2nd breakout last night so i looked for a trading oppertunnity. I have been waiting for a consolidation...
Confluences: 1/ with the recent formed downtrend 2/ Broke TL + retest 3/ Tested the 130.000 weekly resistance 4/ Bounced of the 50% fib. 5/ high test, followed by inside bar set up, followed by another high test 6/ 50 & 60 EMA's bounce
Being in this chanel for some time now, having a nice Bat setup that's now completed. stop loss at channel level. first target at 0,382, which also just above structure, second target could be placed at 0,618. By any means, I think this is a nice set up. Let me know what you think!
The NZDUSD is in a really interesting place right now it is currently trending upwards and looks like it will be doing so at least for the next few days. I am currently short right now however I will be buying and selling several times within this trend. I was long yesterday. This is an incredible opportunity with the average trade ranging from 50-70 pips....