Hey People, we just saw another Huge Short going on in the EU Pair. Now we approaching former Support Zone again. I did the combo of DXY and EU now. What we do see on the DXY is a Wedge sitting at its top trendline now. According to Fibonacci Extension of last prior move, we could see a little more Upside and then back to the lows, wheren we can buy DOLLAR...
Hey Guys, we got a simple Structure based Trade with Fibonacci levels and RSI being overbought. Nice confluence with Structure looking to the left. Consolidation Rectangle. BUT we did fail to make lower Lows. We gotta see that in near future to confirm the ongoing of the BearTrend :) Feel free to ask questions! We have 2 Zones to enter. - The one we are right...
Check the Chart :)
Should be all in the Chart, sorry guys a bit lazy at the moment :) Ask in the comments if details needed!! BE Confident!
Hey Guys, Some nice Sells on the AU Pair! Another Simple Analysis on AU here. We were making Lower Lows(LL) and Lower Highs(LH)on going. Once Price failed to make a LL, it created a double Bottom on 4H chart,bearly to see on 1H. This lead to a buy back to the upper trendline (Black dotted) Now we had a LH, and heading back to Green Strucutre Zone! Potential...
Hey people, Quick View on Gold! Red Trendlines show a nice Movement Within :) Buy the Lows! Sell the Highs! As simple as that. I plan to do that till the Daily Black Dotted line is geting Retested. (Was broken on Daily not retested yet ) LETS GO! All in the Chart!
Hey buddys, a simple Trend following strategy. We are inside the Red Dotted Channel. Price did make higher highs (HH) and Higher Lows ( HL ) Now we are reaching a broken Trendline again PLUS the Fibonacci Retracement of 0.764 RSI Is Oversold heavily! Ill enter with a nice close of the Daily Candle aiming for 149.00 as TARGET 1 and for another Higher High. Ill...
Hey Buddys, i want to go short here. Reasons: - Price just rejected at 50% Weekly Fibonacci Lvl - Lower High followed by a Lower High around 0.8600 ? - Price now rejected the Channel Upside (Black Dotted) - RSI oversold. - also we did reach several Fibonacci extension levels of the recent moves - look at that 4H Candle ;) What do you think guys? Target 1 at...
Hey people, another Set up here. waiting for a Double Top/ V-Formation at 1.618 Extension + 0.618 Retracment. also we ggot the Upper Side of the Black Daily Down Trend Plus Some Structure left. MA nearly the same lvl then. Lookin for Moves to 0.618 and 0.764 Retracement of recent Upmoves in direction of the Weekly Trendline. Good Luck :)
Hey Buddys, were looking at a nice uptrend although we reaching a nice confluence area at the moment. Reasons to Short dat one... - A=A B=B? - Fibonacci Extension 1.618 of last bearish move at current level (Which came to 0.618 Retracement) - RSI Overbought - Looking for a retracment of again 0.618 Targets depend on the time we need to push that...
Bear Channel is still valid. Waiting for PA at the upperside of the Channel, we got nice Fibonacci Levels. Bounces of the .0618 and .0764 with Targets at the Extensions.1618. RSI Will be oversold soon. lets go :)
Nice Structure Zone ( double top ) + RSI Overbought + FIb Extension Target .0382 Fib of the prior move
Hey Guys, second Trade of the WeekendPrep. Looking at possible Short at GBP/AUD. --> Structure left --> .1618 Fib Extension --> Rsi overbought! --> Strong move, expectin pullback at least to 0.382 Fib Retracement Check the 4h timeframe and the 1h for entry ;) FAst Analysis, What you think? ;)
Hey Guys, Weekend Prep going on here at my Desk in Germany. Im Looking at all the CAD Pairs at the Moment, really promising. SO WHAT DO WE HAVE HERE : --> RSI OVERBOUGHT --> Channel Resistance (red dotted) --> Structure , check the left Side! --> Downtrend! Looking for Continuation! --> Fibonacci Extension move at 2.618! Targets as in the...
Hey Guys, i draw several Chanels and important Areas. We got overall a Big Bullish Move ( Big Red line ) Inside of that we have a bearish Move (Light Blue ) which was broken to the upside around 22.09.2014 The Breakout did creat the new bullish Channel with the purple Borders. We did reach the upper Side of this one now! PLUS 0.50 % retracement of the Light...
Broken Trendline (black) will be test. PLUS thick red Line Channel. PLUS Fibonacci Retracement of 0.618 We had some nice Long Trades the Circles (light blue) Maybe we can do it once more in dat nice Upward Move. What do you think guys?
Hey Guys, i just did took profit of my Long trade here. Entry was 1.1240 Target was 1.1420 Now we look on a Possible Short! Check the Levels on the Chart ;) You got 2 OPTIONS here. Option 1 Go in immediatly for Market Price and go for the 0.618 Fibonacci Level which comes along with the Daily Channel Plus Structure from the left! Optino 2 , Wait for a...