swingtrader

Buying @ 1295 Stop Loss @ 1292 Take Profit1 @ 1310

Currently shorting the GBPCHF, I have been in the trade for 1 week so far, already gained 75 pips since the trend reversed. The RSI, MACD & Slow Stoc have confined this range will continue for some time. I trade on the daily chart only, please use self analysis before placing any trades. I aim to hold my position until my slow stoc crosses over once more.

Multiple touches on an ascending trend line. Cross over in the region of a 38% fib and a 61% being a key level. Would be fifth and final wave of elliots wave. Very strong Support zone.

We have reached the supply zone marked het again. we can expect this to be a double top and capitalise on this turn of trend.

Looking for a rejection on the resistance level before entering a sell, as there is potential for XAU USD to break through the resistance level. Gold touched the lows of January early in the week but has bounced back and is now at the best levels since last Friday. The rebound underscores the $1275-$1300 range that's characterized gold for the past three weeks....

Here we can see EUR AUD has been in a strong downtrend making lower highs and lower lows at bottom resistance level we can see price cannot break below it any further and make any new lows. So now descending trendline has been broken and currently on the break and retest where it lines up with our favourable fib zone. Great R:R as well.

In the chart above we are looking at the AUD/JPY pair on the 12hr. To precisely enter successful reversals we need to maintain a very strict trading criteria in order to benefit the most out of our reversal trades. Questions we need to ask before entering a strong reversal: - Who is in control of price? - Have we reached a strong area of Support/Resistance? -...

Elliottwave on the daily, looking at a short, for a swing.

we have 2 potentials here..... 1. new have our first reversal zone ranging between 74.100-74.400. we have a already had one rejection in that zone. the TP we have is 140 pips. mini head and shoulders 2. our second reversal zone which ranges between 75.550-75.100. back towards the end of september we see this level reverse so if the first idea breaks I will see...

What a beautiful swing trade this has been. Now anticipating the D wave to happen. Best entries for this is on the H1 chart as it is currently creating a flag for a fall.

GBPUSD has come into our sell zone between 1.28500-1.2900 also hitting our fib extension and rejecting thus far. shorts now in play! Brexit vote coming into play tomorrow could be a huge catalyst for this pair to go down south as i believe GBP is way too overpriced given the turmoil it is in with the whole brexit mess.

Overall, we may look at EURNZD as a buy, but before, we can catch a sell on the 1H downtrend it's forming. Price was in a consolidation zone, but a break and retest fits in with the 61.80 FibC zone, where we see previous rejections as resistance and support. This is where we can place a sell all the way down to the -61.80% extension, which fits nicely with the...

Sterling Kiwi short position Bear flag setup

Heading towards the top of the ascending channel on USDCAD, multiple confluences including prev resistance & possible double top forming on Daily TF therefore I believe we could have a great sell opportunity around the 1.37500 level. We are in a strong uptrend however we are over extended and have a lot of 'empty space' to fill below. Looking at the smaller time...

Price is currently in a descending channel testing the channel support and resistance multiple times. However, price is now testing channel resistance as well as a resistance level (which was previously support but now is a key resistance in the market). Price action is stating three rejections and now has formed three 'Shooting Star' Japanese candlesticks which...

I think Bitcoin has the true potential to moon from the buy in point I have set for all of us to start to long on, or we will go a little further down before we get down to the next buy in.

This is a potential swing trade for AUDCHF. It is at its fourth swing of elliots wave and is looking to finish off its trend, There is a cross of two trend lines on a key zone (lines up close to the 61% fib) The target zone also lines up nicely with prior market price The 61% also lines up with previous support that has now turned into resistance. Im also hoping...

Much like gold, silver has been beaten down but has now broken the multi month downwards sloping trend line. Market now building a congestion zone and hasnt broken out like gold has... have to wait and see what happens, but a break of the $15 handle is key for silver then look to get long a pullback and trade the market up to $15.50 - $15.60 for 4.5 to 1 returns...