M4FXG

M4FXG

Daily Analysis: - Daily closure yesterday rejected 38.2% - Daily reversal candle printed and closed below 0.91000 - MACD showing divergence = Sell (Potential trend reversal after MACD indicating a change in trend momentum, also Fibonacci level 38.2% being rejected)

M4FXG

1HR Analysis: - Daily closure Bearish - Price making lower high's - Rejected by Daily Fib at 38.2% = Sell (Potential Bullish head and shoulders?)

M4FXG

1HR Analysis: - Weekly closure Bearish - Within Weekly Descending Wedge - 1hr head and shoulders formed at the top to indicate a trend change - Closure under 1.5000 and 38.2% = Sell

M4FXG Updated 

4HR Analysis: - Downtrend forming - Close below daily resistance = Sell

M4FXG

> Price currently within the Daily support zone, price rejected at 38.2%. > Wait for a break of the lower support zone with a potential retest before taking short position | |. > 1HR and 4HR corrective structure before shorting again, potential for 38.2% to be touched | |. > Might be a buying opportunity...

M4FXG

> Price currently within Weekly SWING resistance zone (January 2016). > 12HR double top and bearish Doji. > 1HR head and shoulders pattern. LS and RS rejected under resistance zone. > Wait for a break of 1.6050 support | |. > Wait for a break of ascending trendline | |.

M4FXG

> Price moving within a Daily corrective structure (corrective leg). > Price created Doji candle at 38.2% Fib level, wait for a close below. | | > Wait for a break of 95.00. | | > Retest, Corrective structure?

M4FXG

> Price has two valid options. > 1 Price has formed a daily Head & Shoulders. Price will have to break the descending trend (neck) line for bullish position. | | > 2 Price broke the ascending trendline and retested before creating RS. > Price broke support; now turned resistance, heading towards target support 99.00. | | > Look for candlestick, and corrective...

M4FXG

> Price rejected double top pattern within ascending weekly bullish flag. > Price broke through the lower quarter point (LQP) 0.7750. > Price is currently bearish within a descending channel. > Wait for retest at 0.7725 - 0.7750 (38.2% @ 0.7744) | |

M4FXG

> Price broke out from the Weekly support zone; now turned resistance. > Potential target down towards the ascending trend line (88.00 & 74.00) > Wait for a 4HR corrective structure breakout | |

M4FXG

Shorting EURAUD

M4FXG

USDCHF Long

M4FXG

CHFJPY approaching our monthly resistance levels 115.00-115.500.

M4FXG

Gold once, if, it breaks 1245 area we hope to see a retest and then a further drop down towards 1240

M4FXG Updated 

The risk : reward ratio on this trade is highly rewarding for those who entered! Price and current news has worked in our favour and will continue to hold until TP2 is hit

M4FXG Updated 

Signal sent to the group of traders with TP1 being hit Trade can be closed or left open in aim for TP2 - Always using strict risk management

M4FXG

Buy signal sent to group of traders who if entered will have secured and profited by 290 pips.

M4FXG

NZDCAD short signal sent as pending order due to price action playing in our favour. The trade has been boring, however it has stayed in profit. Will wait for price to break the trend line after being rejected by resistance line. The R:R of this trade is beneficial and can be scalped on its way down.