stephen11_11

stephen11_11

bottom of structure and head and shoulder pattern and double bottom this looks like it could be ready pretty soon guys be ready and check out my multi-time frame analysis Daily 4hr 1h Happy trading guys remember the secret to trading is there is no bloody secret!! :)

stephen11_11

Currently, on the daily, we can see the price has been moving in this ascending channel. We have also created this double top on the daily structure we have no impulsively moved away from the double top On the four hour, we can see we have broken the simple trend line which was in place for creating the double top. On the 1 hr we can see the hover this seems...

stephen11_11

my two cents on XAUUSD please feel free to guide help or give your thoughts. scenario one we create a slightly larger flag and continue to the downside possible. Probable we could correctively move down below the previous bottom and then a move to the upside for some buy potential both possible so prepare for both :slightly_smiling_face: please give feedback

stephen11_11

As we can see on the 4 hour time frame EURAUD is looking to start a slowish move in corrective nature towards the outer structure drawn on this would indicate that we could see some buy potential back up for one more touch of the outer structure we need to look for this to correct all the way back to the structure drawn then put risk entry with 30-35pip stop loss...

stephen11_11

Short term Sell Massive Buy Monthly - We have a large ascending structure we are then looking at the most recent price structure within this and we have had a smaller ascending channel which price broke our and we are now heading towards the large outer structure. we have one candle wick that has touched outer structure Weekly - on the weekly, we can see we have...

stephen11_11

Go taken out of this trade yesterday for 4% profit with 1% scale in too, wasn't happy about this because I was being overly cautious with the management since this pair tends to see larger pull back and then continues on its way up or down whichever way it's trending. But Now we have a bull flag forming I am preparing for getting back into the trade and just...

stephen11_11

BIAS = Long for short term and then big sell £££££££ :) Monthly - we are in the corrective phase from an impulse down so overall we would be looking for this to complete to the downside. Weekly - we have an ascend within an ascending giving us the indication for the big sell. we also have smaller descending channel within the small ascending channel which gives...

stephen11_11

Monthly We can see on monthly that we are at the top of the outer structure and we also have an ascending channel at the most recent price structure. all signs we could see a sell soon this is better as the sell is the bigger opportunity. Weekly - We can see on this weekly time frame a lot clearly the ascending channel and also at the recent price structure we...

stephen11_11

monthly-corrective- we can see we are in a large corrective section we can also see that the most recent price structure is descending it also looks like a smaller version of the bigger overall structure. weekly - we are in a corrective section from an impulse down we should be looking to complete this 1,2,3 patterns and then look for a bigger buy. daily - we...

stephen11_11 Updated 

So we have a clear ascending chanel with us now reaching the top of the previuos high from the last ascending channel and now we can see a inverse head and shoulder pattern has appeared just after hitting a double bottom on the previous high just completed and now a full 1 hour retrace candle looks like it may happen lets see how the candle closes and let make...