Gold price is giving change trend signals on the hourly chart. The price has crossed the MA50 and indicator Alligator lines and formed a bearish fractal. Breakdown of this level would be an optimal sell level. Trade specification: Sell-Stop: 1197.5 Stop-Loss: 1203.7 Take-Profit: 1185.1
we look price breakout the support line. so we still hold SELL positions
looking at fibos and waves it looks great ...
Currently short audusd after rejection of double top structure. I'm expecting a roll over to make new lows at 0.70678 and ill be taking partial profits should the market get down to previous low. really nice risk reward on this trade as well
Price is respecting the current downtrend making LH and LL also getti nrejection on the t daily trendline ,what gave me enough confirmation was the big inverted hammer made on our matching point with the weekly 61% ,daily 50% fib andprz zone with the downtrend line so now ima sell it with a 1:1 risk reward
Price is respecting the current downtrend making LH and LL also getti nrejection on the t daily trendline ,what gave me enough confirmation was the big inverted hammer made on our matching point with the weekly 61% ,daily 50% fib andprz zone with the downtrend line so now ima sell it with a 1:1 risk reward
NZDCAD seems to be inside of the Motive Wave 5 of the applied Elliott Wave Theory in this chart. It confirms both previous three Motive and Corrective Waves along with its confirmation by Fibonacci Retracements applied respectively and if the price moves up and breaches the end or the high of the Corrective Wave 4 around 0.94250 and continues a bullish trend, the...
still looking for shorts on EURUSD. multiple rejections of 1.04600 may just see us lower, targets would be 1.0300
EURCHF is currently trending inside the Motive Wave 3 of the applied Elliott Wave Theory after it was confirmed by the retracement of Fib Level 0.618 on the Motive Wave 1 and the EMA 20 & 50 Crossover. It is most likely to continue the bearish trend until around 1.06050 where the trend will reverse to create the Corrective Wave 4. It is good to sell in the...
Bearish candels + trend BO + resistence zone hit = Sell Gold, look close to your indicators to know the right entry for you OR Entry : 1156.5 / TP: 1131.6 / SL: 1162.6
the last trading day of the year could bring some odd patterns and Great Profit :) OUT with the old, IN with the new, Cheers to the future and all that we do!!!!!! HAPPY NEW YEAR 2017.
have a good Christmas and Happy new Year Peps !!! Keep Learning :D