ON WEEKLY SPINNING TOP HAS FORMED , on daily long legged dojis have been engulfed by the red , bear in mind end of the week slows momentum , but is it a coincidence that is it right at a strong resistance level , ALWAYS LOOK LEFT , LOOK LEFT!!! if price was to break below my support line at the opening of the markets and sustained a downward motion by tuesday or...
Highly respected resistance level has been obey this position is now live i have sold now and i have a buy limit order which is via the graph
Entry - as soon as possible
SL - 1556.51
TP - 1522.75
(slightly early exit to avoid major support level)
Buy limit (for later)
Entry - 1521.80
SL - 1515.5
TP - 1538.2
On the market open and if the level 1527.00 (Potental pos #1 being a sell limit order) is respected i expect a sharp reversal to 1522.8 if breached due to normal fluctuation or gapping
Potential Pos #2 must be ignored unless there's a candle that surpasses the 1527 level and closes above it and then the buy limit should be opened if respected i expect gold to goto...
FX:USDCHF, FX:GBPCHF, FX:EURCHF, FX:CHFJPY
Geo-political tensions support CHF pairs.
Here is our latest analysis on the short term outlook of CHF pairs.
The franc continued to gain support during Thursday despite net gains in global equity markets.
Expectations of dovish policies from the Federal Reserve and ECB were important in underpinning the Swiss...
In 15 min the chart I have projected ENTRY point and below is a higher frame for direction.
The TRIPLE TOP Pattern found on the chart.
(The price rejection trying an attack on this pair)
The control price performance like strong gravitating itself such as 1, 2, ...5.
Two excesses found at value low.
HITE LIKE BUTTON if...
According to the previous analysis and as expected, the correction has continued to the extent of 7,500, and currently stands at 7950
Dear customers who have done the bargain at a price of 7,500 to 6,600, they can drop out of the range 8,000 to 8,200, expecting to cross the 8250-8300 resistance range, in which case the chart will be updated...
It is in good condition, but for the ascendant, the resistance bar should pass through the range of 11700
In the event of passing through the resistance, we expect a very good movement of the currency
Looking at the timing of frames below 4 hours and citing saturation in the indicator, one can expect another short correction.
The most significant resistance on the chart is in the 1900's, with which we will see strong moves from this currency.
Loss limit for current range: fix below 1350
As long as the price below 920 is not suitable for purchase and the probability of suffering in this range is high
In the case of a drop in purchases in the range of 750 to 770, Risk will be good for Riviera
Our trade on EUR/AUD on the 4H time frame took profit today with all three targets smashed.
TP 1: +27
TP 2: +54
TP 3: +108
Our team are now eyeing up the pair and waiting for confirmation for a short term bearish move. If the confirmation comes then we short, if it doesn't, then we continue to analyse until we see the banks make their move.