Sell taken on Friday January 18th after a rejection at the top of daily structure. Potential Daily retrace candle providing insight into next weeks movement. Currently running one position with the anticipation of more selling opportunities back down to the start of the running channel we've seen in the higher timeframe structure. This may be the start of an...
Staggeringly high uptrend in XAU/EUR in which the price may need to let off some steam and thus lose some gains, based on fib and structure TP indicts levels in which the price should be watch/positions closed.
FX street publishing an article discussing the strength of USD and correspondingly the challenge AUD will have breaking above certain levels. In my view if AUD/USD can push past the MA a long position should be taken indicated by the green line. SL and TP have been set at levels of internist to me and give a RR 2:1.
The position to be immediately executed is short UKOIL due to the fact it is trading near a previous resistance level which is seeming to be a good market structure level to enter from. The RSI again is not very helpful in conformation but the MA shows us that the price is trading above and therefore price could potentially need to let off steam before continuing...
This is the first trade idea I have posted on tradingview and is the beginning of many. The artistic nature of technical analysis means that only through constant focus and discipline will my abilities improve, therefore I do not post this for anybody else except myself. I am on way to becoming a skilled chartist that is consistently profitable and this is my...
Directional Bias For EURCHF Is Long.
Before entering the trade I would wait for break re-test of downtrend and a strong Bullish candlestick close (Daily)
However price could kiss trend-line and and carry on falling, but due to bullish momentum i believe this is the start of
a upwards trend.
very easy trade here. There's a Bat pattern completing right now on this 4H chart and i'm going short, with stops above X and targets along with Fibonacci (0.382 and 0.618 of AD). Positive note: price is in overbought and divergence conditions on the RSI below.
If you have any question, feel free to comment below.
Otherwise, see you in the next chart!
Price is has wicked weekly resistance,
has resulted in price to fall.Currently
I'm looking for a short entry on the 4 hour
chart, confluence's i'm looking for are a
cross of moving average and a break of
trend-line. I would also wait for a rest
of the area which was broken
this is my last idea for this year. I hope it'll bring you some insights. First of all, the yellow box is representing a good structure level in the daily and weekly charts, that is the basis for each and every trade i place. After that, you can see the D point of a Gartley formation (though it's not valid at the moment) right near this spot. Alongside,...
it's been a while since i last posted an idea. I wanted to share with you this simple setup i'm looking at right now. I've already entered short in this pair, for a bunch of reasons. First of all, we have daily structure looking left (that is always key), then you can see a big bat pattern completed from some hours, but also a double top with RSI...
Hi, guys I hope that you are all well!
Typically at this time of year markets generally quite down due to Christmas approaching, however we are seeing some strong moves in the market across my portfolio and AUDCAD happens to be one of them.
What I am looking for is bearish trend continuation following a pullback up into the most recent area of consolidation/range...
We have a corrective pattern forming this looks to be a contracting flat however cannot confirm this as of yet so will watch closely for confirmation, with this is mind will be looking for the third wave down to complete a 3 wave pattern using the 1hr 270 fib as a target profit at a price of 126.819..
With a possible expanding flat completed, will be looking for a break of the 4hr trend line and confirmation. If a 1hr confirmation occurs then will be entering this with a target profit of the daily 270 price of 1.26274.