Everyone is Busy with Daily and Hourly charts,So I have stepped back and trying to shed some light on Monthly as it is at a very Crucial Decision point. Falling Trend line from all time Highs we hit in 2011 is here to decide the faith of Gold ;) Short Term Correction at least to $1200 is expected in coming month or two, it may not come in light of some Big...
Everyone is Busy with Daily and Hourly charts,So I have stepped back and trying to shed some light on Monthly as it is at a very Crucial Decision point. Falling Trend line from all time Highs we hit in 2011 is here to decide the faith of Gold ;) Short Term Correction at least to $1200 is expected in coming month or two, it may not come in light of some Big...
#CADJPY the lower highs indicate that this pair is going through a down trend. The EMA is a major confluence with regards to downside movement as the 7 EMA below the 50 EMA indicate that the market is in a long term downtrend, this is followed by the 3 EMA being below the 7 EMA which indicates that the market is in a short term downtrend. The short long term down...
Took a multiple lane set-up with compression on the bollinger bands. Used the 5ma as the trailing stop.
we think long !!
I found volume spike (selling climax) in the background. The very next bar was up bar in a high volume (reversal up-thrust). This must be that demand overcame supply and that there are more buyers then sellers. Later on , we saw a successful test of supply on low volume, which is the sign that smart money is interesting in upward price. Wyckoff called this...
"This is a simple algorithm that determines trend and follows it! This strategy guarantees profit on the weekly charts in most all forex currency pairs! If you're not sure check the backtest yourself with Trading View's awesome Strategy Tester! I hope this strategy helps you guys profit and make your trading a bit less stressful!" -WhiteCollarTrader
Downwards channel formed on the daily/4H charts. Already 100 pips up on this pair and riding the down leg of this move. Blue horizontal lines represent support/resistance levels and will also act as my intermediate targets for the trade. Final targets of 131 and then a secondary extension down to 128 is possible
Posted this one along with USOIl few weeks ago that i was anitcipating a selloff which for this pair it is in line with the overall downward trend on the bigger timeframes. Target just reached now securing in over 300 pips Attached in the related ideas is the original post
Pure technical play. You see a very clear uptrend on the daily charts yet price has stalled and started to floating in a range on a intraday basis. Im expecting this range to hold until price tests the high that is highlighted by the red box. Expected Price target 2.0930
#EURCAD Trend Continuation Long Idea Gartley forming Fibonacci confluence
TradeYodha.com @TradeYodha #USDJPY Short Idea (2618) 2618 trade
#GBPUSD Long Ideas (200 Sma, Bats) 1. 200 sma in the zone 2. 50 sma on 4h in the zone 3. ABCD Pattern 4. Fib confluence 5. previous structure level 6. possible 3 step harmonic pattern top
Attached in the related ideas is was the original chart n the rationale behind it. After my target was just hit within the last hour, i managed to grab over 130 pips in profit for this pair alone. As it stands we are breaking down from uptrend over the last couple months to a full correction/ large channel sequence. Using the Green trendline as guidance for the...
Attached to this is the before image shot + the analysis n the rationale behind it. Price just reached its target now, banking in over 250+ pips in profit! Should price keep falling the CS levels are the ones to watch
here we have a fairly solid cypher pattern about to complete. it follows my strategy )(bullish patterns point D is in the negative deviation area) therefore i believe this will be a solid pattern. Instead of waisting your time with all the information , i'll keep it short for a 1 hour trade and under Limit: 1.618 extension of the BC leg Entry : point D Stop:...
After getting stopped out on a weak gartley pattern , I decided to give it one more try with a butterfly pattern that is a bit more solid. I have my buy in at the current market price of .0157000 and OI have my stop just below point X. My limit is placed at the 1.618 extension of the BC leg giving me a roughly 2:1 risk reward ratio. I also have a linear regression...