AUD/USD Has recently had a lot of manipulation price has currently rejected the zone of 0.7100 and closed beneath I believe it's time to fall to the down side. price has currently completed a lower high on the higher timeframes with a clean Trendline rejection including more patterns. I can see price going to the Trendline and the Resistance for one more retest...
I am trading on a small account, documenting my progress. This is not intended to be a signal!
Break of H4 Trend Line to test support at 124.000. Expeting a retest of lower trend line structre along with fib level 0.382 were we have our first take profit. Take profit 2 extended to our next fib level at 0.618 at 125.500.
Sell at CMP - 124.250
The exchange rate moves symmetrically to the green wave axis. As a continuation of this movement, it is possible to build a 20% correction increase. The wave structure may be similar to wave A. Reverse as shown. These inverse wave motions are frequent on the wave axis. Here it is very important that the correct identification of the wave axis. The rising wave...
Confirmation Confirmation Confirmation is the name of the game ---
HARD WORK + CONSISTENCY
Looking at a possible short idea once it reaches the W1 descending trendline.
LOCK IN 1% once running profit reaches 10%.
I am trading a small account, and documenting my progress. This is not intended to be a signal!
Wedge Structure on 1D
4H Ascending channel - Expecting retest of minor support before push to the upside eventually targeting at our daily fib level
Buy Limit - 0.94500
SL - 0.93930
TP - 0.96438
Been patiently waiting for the weekly trendline to be met. As I see GBP based pairs going down in the long term, as a alternate pair I expect EURGBP to shoot up.
Alternative move marked in white
PATIENCE - CONFIRMATIONS - ENTRY - PROFIT
I smashed my 4Hr NZDCAD analysis which I published March 15th (Linked Below)
The accuracy is uncanny (¬‿¬)
This is (hopefully) the bigger picture;
Strong Trend: Lower Highs
Trendline Retest (20th March)
Looking for Candlestick confirmation on the 15m & 1Hr before placing Long position from Daily Trendline
For those who keep sending me direct messages, I...