Simple Trade for Gold Trend Line broken: which means 1h uptrend is finished. Price Break 1347 support so short gold when it retest this level.
I am yet bearish in the pair and I think best way to join is by waiting for the H4 chart to get broken down and then we can look for pullbacks near the down trend line and resistance zone around 0.7500 to sell the pair. Technically D1 chart is already under bearish pressure due to the bearish divergence.MACD historgram is showing divergence on the H4 as well so...
2 weeks ago we saw price break the bullish trend-line, creating a lower low. Last week we saw price retrace to retest this trend line. In the coming week i think we will see price complete its test and then continue on its bearish trend to test the next major support. Fundamentally, we have big US news this week, employment/unemployment rate & non-farm payroll....
following a break and close below a near term trend line A close below 0.97790 on the 4 hour chart could lead us down to 0.96800.
USD/CHF has been trading within a small range for the last couple of days as it struggled to breach the countertrend line. however even though it is still within that range it has again closed below and retested the trend line and is looking like it is picking up some downward momentum with a strong bearish engulfing on the daily chart. a breach of 0.95910 would...
Buy FX:AUDCAD Previous Resistance Current Support Counter Trend Line Break Above Up Trend Line StochRSI Buy Zone Stop: 15 Pip Below .236 Retracement Target: 1.272 Fib Extension
After finishing an ABC pattern GBPJPY looks like its turning bullish and heading towards 164 area at least.We have divergence on H4, and I'll be looking for buy setups on lower timeframes after the trendline breaks.
HOPEFULLY THIS HELPS YOU GUYS! REMEMBER TO HIT THAT LIKE BUTTON! GIVE US A FOLLOW AND ASK ANY QUESTIONS IF NEEDED! THANKS TOM
Buy FX:GBPJPY After Bullish Candle Stick Formation Price @ Back Side of the Trend Line (BLUE) Touched Uptrend line (Pink) Higher Highs (Support, Blue Arrows) Very Sharp Counter Trend Line Break StochRSI Over Sold Entry: After closing of the daily Candle (This Friday), Place Trade Monday Afternoon Stop: 10 Pip Below Previous Low (153.229 appx.) Take Profit:...
Sell FX:CADCHF after break below the support line and retest of the support as resistance Back Side of the TL Counter Trend Line Break 23.8% Retracement of AB Swing (from Top of the up trend) StochRSI Going Down
Short CADCHF StochRSI Over Sold and going down Price Reversing from Resistance (Purple) Breaking Counter Trendline (Red) Price is just below inner trend line of the down trend line
BUY FX:AUDCAD Price Broke Down Trend Line Went up from Back Side of Trend Line Price is reversing, above up trend line Price Retraced from 50% Retracement of UP AB SWING
Buy FX:EURUSD @ Support (Pink Line) .236 Fib Retracement of UP AB Swing Possible Right Tip of the Kings Crown Waiting for the Bullish Candle Stick Formation closed above the Counter Trend Line Break
Buy FX:GBPAUD Price @ bottom of the Ascending Channel Counter Trendline Break .382 Fib Retracement of UP AB SWING StochRSI oversold Bulish Hammer Candle Stick Formation Take Profit: 5 Pip below 1.618 D Extension Stop Loss: 5 Pips below the lowest low/ AB Swing/ Also below 1.900 Support Level Risk Rewards: 1.3 Trade with Caution! I WILL BUY ONLY if price breaks...
Buy FX:AUDNZD Watch the market after Monday Opening for Bullish Strength. Reason For Buying: Falling Wedge Pattern on 4H Chart Divergence on MACD Price consolidating at the back side of down trend line Price Retracing from below .236 fib leve Target: 5 pip below 1.618 fib level 90/95 Pips
Buy price goes above counter trend line with Bullish Candle Stick Formation Price above up trend line Previously price break out above counter 88 Pips and 66 Pips Fib .618 Retracement I WILL NOT BUY IF PRICE DOES NOT CLOSE ABOVE 3RD COUNTER TREND LINE BREAK TODAY!! MY STOP WILL BE 10 PIPS BELOW BULLISH CANDLE STICK FORMATION TARGET WILL BE 5 PIP BELOW 1.272 FIB...