Ig19

Ig19

Long: broke out of the consolidation zone MA crossed to the upside Enter long on retested of the broken support

Ig19

Sell limit position set as in picture

Ig19

We finally broke out of the consolidation zone. Last Friday price broke and closed below the consolidation zone and key level 0.73000 I am now looking to short this pair, for the better entry wait for the slight pullback to 0.7330 Fundamental: The RBA is not looking to hike interested rate until 2020 compare to FED which will hike interest rate twice this year.

Ig19

Fundamental GBP More negative headlines for the GBP as the risk of a hard Brexit will continue to push the pound lower JPY gaining strength due to safe heaven currency from US and China continue to threaten each other with trade tariffs as the trade war heats up. Technical Price broke and closed below the T.L

Ig19

A break below the T.L will take us to 142.50 level But if we bounce and break to the upside next target will be 148.00

Ig19

We broke below the C.T.L and the daily sup of 129.35 We are now approaching the new support 128.50 We also have the monthly sup level below at 128.00 To make it a good RR we need a pullback to 129.35 before going short

Ig19

Look out for short opportunity after a slight pullback to 1.1600 level

Ig19 Updated 

Broken and retested of trendline Rejected from 110.000 Key level Breaking out of the consolidation zone to the downside

Ig19 Updated 

Short EURUSD H4 candle break and close below the trendline, 50.0 Fib rejection Bearish engulfing candle on 4H Failed to create new high Continue to the downside

Ig19

Broke below weekly key level 1.1925 with a retest of the level and clear rejection (Tweezer top)

Ig19

I took the trade on Monday. The reason behind this trade was Price broke below the weekly trendline (Black). That was the signal for me to look for short set up. I then looked at the lower timeframe and found my entry on the 1H. 1H: Price broke and closed below the weekly trendline, it pulled back to the M.A before continuing to the downside and managed to close...

Ig19 Updated 

After disappointing news for the pound last week, this week the downside momentum continues. Weekly; Last week candle closed as bearish engulfing rejecting from the weekly key level 1.4250 and close exactly on the 1.4000 key level. Moving onto daily timeframe: The M.A is crossing over to the downside 4H: Trendline has been broken since last Friday and the...

Ig19 Updated 

EURUSD has been trapped in this range since Feb. It has tested the 1.2400 Key level for many many times... and so far has failed to break it. On Daily timeframe, 3 pins formation has been formed rejecting from the 1.2400 key level which gave me a sign to look for a sell signal. Moving on to lower timeframe, 4H, we can see the double top formation and M.A...

Ig19

Triangle pattern is formed - M.A moving close together looking to cross to the upside - Fib : price now resting perfectly at 61.8% - $800 level sustained - Lower high formed - Triangle pattern is accurate with ETH - looking for break out to the upside 1st Target - Return to previous high 2nd Target - $1700 Possible downside @ $800-830 region Happy trading...

Ig19

Short AUDUSD earlier As we can see here the price has broken the dynamic trend line that used to be support so turned resistance. Price retested the dynamic T.L twice but failed to break above closed as an bearish engulfing candle. We also have other confluence : M.A crossed over and C.T.L break Entry : 0.7671 SL : 0.7706 TP : 0.7576 Good Risk Reward : 2.68

Ig19 Updated 

Aussie was in an uptrend for a while, since last month its struggling to make a new high, price fell of the trend line and found support at monthly support 0.7750 level. Price then went up a bit but failed to go beyond 0.7875 level, this level has been test 3 times now but haven't been broken. Last friday price test level again and got rejected closed as bearish...

Ig19

Multi-timeframe analysis weekly/Daily timeframe showing correction into 61.8-78.6% area now look like the correction has come to an end and price start to move to the upside again. Price been making lower high on the daily timeframe H4/H2 : C.T.L break + M.A cross over to the upside + 3rd T.L bounce TP1 : 1.3305 TP2 : 1.3400 SL : 1.3085 Please trade with...

Ig19

- Stepping down to the H4 chart, we can see the price is on the uptrend but now pulling back potentially forming lower high before going higher to make higher high. - Using the FIB tool from last swing low to the swing high price now has pull back into the 61.8-78.6% area which is potential zone for reversal. - Applying the counter trend line, Recently the price...