myfxhub

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EURUSD break out of triangle! We would like to see price pull back and hold resistance at this level before a continuation to the short side!

myfxhub 376 views ・

Head and shoulders Pattern gbpusd !!!

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usdjpy setting up lovely for an Elliot wave 5th wave completion, if price can hold this support at the 111.00 level combined with the Fibonacci retracement levels we are long on this par.

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AUDUSD holds support at our trend line as we enter long for the second time this week. Take profits are set to find resistance at the 0.744 level with our stop loss 9 pips beneath our entry giving us a 1:7 risk to reward ratio. Thoughts ?

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EURAUD is trading very nicely in a range giving us plenty of trading opportunities. We have our entries , stop loss and take profits all ready for when price reaches the support and resistance of this range :)

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Swing trade entered on USDCAD with a small position size , who else agrees ???

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ADABTC , are we about to see a break out of our triangle and have a big push to the long side ???

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GBPJPY is holding support at the 150.50 level. Price is making higher highs and higher lows on the daily time frame confirming ascending channel, we would have liked to get an entry a lot closer to support channel line but we were given a price action signal that we cannot ignore. Trade Entry-145.82 Stop Loss-145.38 TP1-147.00 TP2-148.00 TP3-149.00 TP4-150.00...

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EURJPY is currently completing its 4th wave correction pattern on the daily time frame. We know that in order for a 5th wave completion that wave 4 cannot break the highs of wave 1. The 0.382 Fibonacci retracement level is now in confluence with the highs of wave 1 at the 130.00 level. Will we see price hold this level before completing Elliot Wave 5 or will we...

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AUDUSD is in a lovely place to buy as it uses correction channel for support. Take profits are set at previous resistance were price turned! will we see AUDUSD trade higher or break this channel and continue lower ?

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EURAUD making a lower low and a lower high. Is this a change of direction ??? 0.618 Fibonacci Retracement level in confluence with new descending channel line!! Bias is to the short side, trade entries giving great risk to reward ratios.

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AUDUSD has rejected our correction channel finding support around the 0.7350 level. We have entered the trade long with a great risk to reward ratio. Will we see AUDUSD trade to the long side hitting our take profits or will we break this channel and continue to trade lower ?

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EURJPY has found resistance at the 132.00 level. We have made a lower high and a lower low on the daily time frame, could this be the start of a new descending channel ? After a lovely pin-bar candle stick confirming a downward move we have entered EURJPY short with multiple take profits at key support levels. Stop loss positioned above the wick of the pin-bar...

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After a complete Elliot-Wave 12345 ABC pattern on the 4HR time frame making wave 1 & 2 on the Daily, we are now expecting wave 3 on the Daily. Going down on to the 4HR time frame we can see we have made the 1st wave along with the correction wave 2. Price has held support at the 0.786 Fibonacci Retracement level. We have entered the trade long with a very tight...

myfxhub 291 views ・

GBPJPY has rejected a long term trend line with a lovely Pin-Bar Candlestick on the Daily time frame. This Trend line is also in confluence with resistance at the round number 150.00. Now that Price has given conformation with this candle stick we have entered the trade short as close to the top of the wick giving us a great risk to reward ratio if this trade...

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AUDCAD has rejected strong resistance at the 0.977 level with a bearish candle, this level is also in confluence with a descending trend line adding to a short bias. Will AUDCAD hit our take profit at the 0.9712 level giving a total of 55 pips ??

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Bitcoin/dollar has shown an Elliot wave 5th wave pattern with a ABC correction on the 4HR time frame , making this a completed wave 1 & 2 on the daily time frame. Price has rejected the 0.618 Fibonacci retracement level with strong bullish candles. Will we see a 3rd Elliot wave to the long side on the daily or break further to the downside ?

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EURJPY is in an ascending monthly channel and has been in a descending correction channel over the past few weeks. Price has broken out of the correction channel showing an Elliot wave 123 pattern finding resistance around 131.70 level. Will we see EURJP correction wave 4 finding support around 130.00 level before a 5th wave completion ? Or will we keep trading higher ??