shambolicFX

shambolicFX Updated 

GBPUSD, H4 - 'Sell' idea: Daily and weekly charts MACD indicate a bearish momentum turning point. EMA 34 has crossed EMA 55 and a bearish Pennant pattern is formed. Awaiting a breakout for the entry - can take ATR into consideration for SL and TP PS: Please trade according to your analysis, good luck!

shambolicFX

EURUSD, Daily - mid to long term 'Sell' idea: EMA 34 is crossing EMA 55 alongside MACD indicates a bearish momentum and bearish pressure is also present on the weekly chart. The daily MACD can possibly be a sign not preferably to enter the trade as the bearish pressure has been going on for a few days - it's up to your individual trade conditions and...

shambolicFX Updated 

CADJPY, H4 - potential 'Sell' order. Correction waves are forming and awaiting AC line breakout. Entry confirmation: Price is going down further than last recent low, MACD histogram indicating sell, then we aim to enter a 'Sell' order. TP and SL, major resistance and support zones. No signs of divergence on higher time-frames, on the daily chart. PS:...

shambolicFX

USDCAD, H4 chart analysis: EMAs and MACD indicate a bullish signal and the daily and weekly charts show bullish momentum. Entry and exit points are based on breakout and resistance/support zones. PS: Please trade according to your risk management and the plan you have in place, and take into consideration the long weekend ahead. Good luck!

shambolicFX Updated 

- Convergence on both the H4 and daily chart - MACD, (higher timeframe) - Correction waves are forming (flat waves) - EMA 34/55 crossing, indicating bullish momentum PS: Please do your analysis at the same time.

shambolicFX Updated 

The price has made the first pullback/wave. Entry criteria: MACD is crossing and histogram turning bearish and convergence on the MACD histogram indicates trend continuation (last two lows of three legs) EMA 34/55 crossing, bearish momentum. We have convergence on the higher time-frame of H1. Stop loss and take profits are placed on resistance and support...

shambolicFX Updated 

Technical - Daily chart We have an uptrend on the Daily chart, HHs and HLs formed and candlestick formation is indicating bullish momentum. EMA 34 has crossed EMA 55, I would personally enter a long trade, but I would advise you to take into consideration your own strategy and risk management.

shambolicFX Updated 

Technical - Daily chart The chart is in a downtrend and wave patterns, ABCD are formed, with LHs and LLs. Ideally, once a candle is formed outside the support line (dark green line), we aim to place a short order. TP, the next support level, and SL can be adjusted to the last High. Caution: RSI is approaching the oversold zone, indicating a possible bullish...

shambolicFX Updated 

Technical - 4H time frame, H1, and Daily in alignment. Key Indicators: EMA 55: Analysing market sentiment. RSI, Momentum: Analysing overbought/oversold zones. ATX: Analysing the trend strength/power, alongside MACD. Odds are higher than 70%, of all TFs and Indicators.

shambolicFX Updated 

Technical - M30 time frame Key Indicators: - RSI, - Stochastics, - Bollinger Bands. M30 chart analysis is showing a potential 'Short' order and a bearish momentum. Price action and candle formation suggest a downtrend. * Please implement your risk management accordingly.

shambolicFX

Technical - 4H chart time frame Key Indicators: - RSI - Stochastics - Bollinger Bands Market analysis is showing a possible trend reversal and a bullish momentum awaiting. PS: This is my strategy and backtesting results.

shambolicFX Updated 

Technical: AUDUSD - H4 time frame. Key Indicators: - RSI - Stochastics - Bollinger Bands - EMA 55 Take Profit: Rectangle area/zone. Analysis: The market is currently in the overbought zone, suggesting a potential bearish reversal. I see a possible 'Short' entry. PS: This is my personal trading strategy and backtesting results. Please adjust accordingly.

shambolicFX Updated 

Monday, London's session at 08:00 GMT: RSI: In the overbought zone, above 70%. Bollinger Bands: Signalling a possible 'Sell' opportunity. EMA 55: The market appears to have reached its peak. I see an opportunity to enter a 'Short' trade here. PS: This is my own strategy and backtesting the results.

shambolicFX

Technical - H4 and Daily charts time frame Key Indicators: - RSI is reaching the oversold zone. - Stochastics are in the oversold territory. - Bollinger Bands are indicating a reversal. - EMA 55 suggests that the market has reached its peak. Chart Pattern: XABCD The indicators are signaling oversold conditions and a potential 'Long' entry. Take...

shambolicFX

Technical - H4 and Daily time frames Key Indicators: Signalling oversold, the market is showing possible bullish momentum. - RSI - Stochastics - Bollinger Bands - EMA 55 Candlesticks formation suggests a potential bullish reversal. Take Profit: Rectangle area/zone. PS: This is my personal strategy and backtesting results. Please adjust accordingly.

shambolicFX

Technical analysis - H4 and Daily time frames. Key Indicators: Signaling overbought, the market is showing possible bearish momentum. - RSI - Stochastics - Bollinger Bands - EMA 55 Candlesticks formation suggests a potential bearish reversal. Take Profit: Rectangle area/zone. PS: This is my personal trading strategy, backtesting results. Please adjust...

shambolicFX Updated 

Technical - Mentor: Hoseini Finance (Iran) As we approach the end of another trading week, signs of a potential bearish momentum are emerging in the GBPUSD market. Key Points: - EMA 55 uptrend indicates potential market peak. - RSI approaching overbought zone, suggesting a potential correction. - Triangle chart pattern hints at a price retracement. ...

shambolicFX Updated 

I think the title in my last post was misleading, 'Upcoming'. It should ideally be more like this, 'Market Analysis Could Lead to Sell'. Here's the link to the previous post: Sorry everyone, it's always been a struggle to get a grip on English. Not everyone is a native speaker! Here's my input and analysis. I will watch the market closely for possible...