There is a higher probabilty for a trend continuation than a breakout. Wait two to three more candles then go for it. Keep in mind: Cut your losses quickly!
The confluence of trend-lines is making the unit quite volatile in this coming week. The '13 0.49% trendline - retested in July 2017 - is the major hurdle, breaking this trendline would allow the unit room to grow up and fight the major 1300 resistance. The world has its fair share of problems, Brexit and terrorism in UK, Trump battles to implement policies...
-higher time frame showing healthy pullback in defined uptrend finding support at 53.3x area -mid time frame shows range bound action after a quick downtrend/ signs of accumulation are seen in range bound equilibrium -momentum is strengthening upward along with volume pressure -spring candle/pinbar found on mid time frame finding quick support at 53.3x area shows...
higher time frame is showing defined downtrend and exhibiting trend strength- using moving averages as dynamic resistance/ support -intermediate timeframe shows trend alignment to the downside and price pull back to short term moving average -looking for it trade to pivot low of 78.58 and breakout to the downside on intermediate timeframe -on the shorter time...
If you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
If you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
If you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
If you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
GBPJPY has been very calm in the last days. If look to the trendlines and follow the rules of technical analysis, means that GBPJPY is about to make a big move up. Of course it's not 100% sure, but it's possible.
EVERYONE LOOKING FOR EUR/USD SHORT, I KEEP SEEING HIGHER HIGHS AND LOWER LOWS. MOVING AVERAGES POINTING TOWARDS A BUY SESSION, AND WITH HIGH NEWS COMING. MY OPINION ANYWAYS. GOOD RISK REWARD RATIO. SELFTAUGHT TRADER.
FX_IDC:GBPJPY Moves gracefully at times of imbalance. When you spot the imbalance, take action without hesitation or you will catch the cobra in the mouth. The anatomy of the geometric pattern displayed is built with the ratios of fibonacci. By applying the fibs one can find high probability entries and exits. PRICE ACTION The rejection off the .618 and...
The Price Action and volatility at the 1.0750 was the catalyst to this high probability short . I owe this trade to a lot of patience because I have been stalking this for weeks. Targeting the FX_IDC:EURUSD 1.05 handle for my first Take Profit. Stop Loss will be moved to Break Even on the close below 1.0630. Any questions then feel free to comment...
Annnnnnd we're back with some more amazingness. Guys look at your 4hr audusd chart. We have a gartley forming, stops should be just below the .76950 level. Set your tp accordingly because I've called a daily short on this pair 1 month ago and it's still respecting resistance. I love you. Ca$h
Long EURNZD: 1. Based on the last 16yrs of daily close data (since 01/01/2000 to date) EURNZD has a cumulative probability of a =>6th day lower at 0.5%, hence there is a implied 99.5% chance of reversal on the daily. 2. Also we see the Z-Score for, Monthly, 3m and 2wk all above 1SD. 3. Fundamentally I also like being long EUR given the ECBs new more neutral...
Long GBPNZD: 1. Based on the last 16yrs of daily close data (since 01/01/2000 to date) GBPNZD has a cumulative probability of a =>6th day lower at 0.99%, hence there is a implied 99% chance of reversal on the daily. 2. Also we see the Z-Score for, Monthly, 3m and 2wk all above 1.5SD - with 1m heavily over sold at -2SD. 3. Fundamentally Sterling looks a little...
Long EURNZD: 1. Based on the last 16yrs of daily close data (since 01/01/2000 to date) EURNZD has a cumulative probability of a =>6th day lower at 0.5%, hence there is a implied 99.5% chance of reversal on the daily. 2. Also we see the Z-Score for, Monthly, 3m and 2wk all above 1SD. 3. Fundamentally I also like being long EUR given the ECBs new more neutral...