After NFP, The direction is pretty clear buyers are in control. Looking to Scale in more profits based on previous entries. Dollar strength is Extremely weak should be able to get sharp pullbacks from sellers on lower time frames. I would need price to pullback into 1.13 or 1.126 levels and range there. In the event that happens i can fade the sellers and rejoin...
AUDNZD -2/-6 Looking for long Positions 1.Fading Sellers momentum 2. Expecting prices to hold around 1.05957 Standby
NZDUSD -6 0 1. Hoping for pair to range 2. Fade out buyers if it reaches the previous breach 3. Recheck strength 4. And take trade to previous high
EURUSD is reaching critical zone both in terms of support and current downward movement- but there is an reversal opportunity on the cards Price is currently sitting around the 1.135 zone, but has reached the 4 hour support zone. The challenge on this pair is the strength of the current downward movement, although RSI is indicating the oversold region. A break...
First, I am at very beginning of my Forex studing. So I am very opened for yours constructive criticism. If Dollar will stop to mess all pairs at market, Gold must be return to going UP. RSI and Stochastic showing Bullish Divergence on 4H chart. Entering price is 1324.2 - above daily resistance area. Stop Loss is 1311.81 - a bit low of upper limit of weekly...
$BTCUSD on the 240TF looks like it is getting ready to dive. Holding short positions for now. I see a bearish cross on the MACD and a move across the middle of the Bolliger Bands looks like a real possibility. Of course, if we can somehow manage to clearly break the resistance at around the 9200 area I would go long. Bearish for now. Go well.
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EURUSD in this triangle, consolidation, so the best option is to look for cycles to develop and trade it with the W and D trend. For now, waiting for price to take previous high and when it pullback it will be the time to go long, targeting previous D highs.
In this chart we can see that XLM is kissing the .30 USD support price which coincides with a 61.8% FIB retracement. However, it is likely that the next FIB level of 78.6% will be tested @ .20 cents - If this price is hit, it will "more-or-less" coincide with the 240- MA. If this asset can remain above where it is now, at the crucial psychological level of .30...
As the bears begin to push the Aussie down, we notice the likes of a bullish bat pattern forming. A clear impulse leg (X-A) bouncing off .7962's, is immediately followed by a 60% retracement of the (A-B) leg. The (B-C) leg then retraces 79% of the (A-B) leg and is fended off at .7943's. Currently we are watching price proceed down and are eyeing the potential...
Cypher pattern at market. I've entered lower than 0.786 retracement so that I meet my maximum stop loss limit (100pips) SL 1.13 fib inversion Targets 0.382, 0.618
I just got short on USDCAD on a Bear Flag pattern. It has broken the pattern and retested the breakout area. As of right now price is holding the breakout.
Some consolidation this Sunday and then new money in during Monday & Tuesday this coming week. Looks very promissing.
Hypothesis... SL: 1.30237 E: 1.31373 TP: 1.32858