andoseg2

andoseg2

It is because Market Cycles that chart patterns appear and not viceversa Falling wedge signify contraction of supply (demand increase as bulls start to accumulate by shorter lower lows {pushing price up} on 26 September , 28 September and 29 September , finally 2 October there is no Lower Low , signyfing even more pressure of bulls and on the same day we have a...

andoseg2

This will be the entry according to idea (1)

andoseg2

AUD/NZD made Lower Highs and Lower Lows till price got stucked between $1.05 resistance and $1.04 psichological support (purple horizontal-dotted lines). Also, @ $1.04 there is another support from rising trendline. (green rising line) Because we got Lower Highs and Lower Lows (magenta arrows) on this move, then it's normal to suppose the move will continue and...

andoseg2

This will be the entry in case head and shoulders will confirm

andoseg2

More confluence signify decreasing demand

andoseg2

This would be the sell entry for a app 2.5 reward

andoseg2

Demand decrease since price meet a strong confluence area . Fibonacci retracement, Moving average, Trend line , all these tools inform a potential resistance area.

andoseg2

We should take half of our profits now and move sl with slightly below few pips to mitigate 100% a loss in case price return

andoseg2 Updated 

Diminishing demand above support zone. Traders stucked and disoriented. London Open may activate the trade.

andoseg2 Updated 

Explosive fall is about to begin . Demand decrease @ $0.745 . A lot of buyers trapped @ $0.738 just above support. Because Money Flow is down, our Odds are for short. 1:6 risk:reward trade (take half when 1x profit)

andoseg2

Finally bulltrend. Check the related Idea to a old post I've created and the updates comments

andoseg2 Updated 

A lot of demand is rising near 20 SMA and prior resistance wich now is support (blue horizontal line) Buyers will reveal if : prntscr.com If not, then : prntscr.com

andoseg2

Demand decrease @ - app $79 psichological resistance (purple dotted line) - trend line resistance (declining red line) - app 1.00 Fibonacci simetry ( horizontal green short line)

andoseg2 Updated 

We have a confluence of 38% Fibonacci retracement and Declining trendline resistance wich is part of a falling wedge wich develop. This trade should be managed aggresively due the reversal chart pattern so consider to cover when price is near lower line of pattern.

andoseg2

EURUSD is preparing for a potential big drop. Sellers found @ : - 1.1250 resistance - 50% fibonacci retracement of prior swing Our entry is based on the 123 psichological pattern. This trade carry good reward - 1:14 risk:reward , will become at least 1:7 risk:reward after we will cover- but we should cover after a little drop for any eventuality. This trade...

andoseg2

We have dual test of strong support zones , 61.8% Retracement + 0.85 (green doted line) psichological round number. The trend remain bullish and a buy would be viable according with the chart

andoseg2

We have multiple technical confluences that show increasing demand @ 70$ (see the chart). It is too early and risky now to buy, we should stalk closely for evidence of buyers if they take control of trend. I will stalk this pair in near future and will provide aditional updates.

andoseg2

Many tecnical factors wich give us a confluence zone : - 50% Fibonacci retracement - Channel resistance - Fibonacci simetry pattern - 1.81 Round number.