4h
GBPUSD - 4H - Turning pointImportant phase for the GBPUSD pair. After the touch of the 0.5 and 0.236 of Fibonacci levels, we are facing a triangle pattern with a 4-times tested resistance.
The trend is not clear yet so we have to wait for more confirmations. Same pattern on the RSI with may anticipate which way the trend will follow.
EURGBP 4HR - Downward Trend Channel OANDA:EURGBP
Price closed below the daily 200EMA and 4HR 200EMA and is below the daily pivot point. Expecting price to continue in the downtrend Weekly S1 which is also the physiological level at 8800 and potentially on to S2 at 8740. Watch for a potential retrace back to Weekly Pivot and 55EMA if price fails to break lower than 8850.
Short at 8850 with TP1 at 8800 and TP2 at 8740.
4 h Wedge The 4 hour Wedge broke out, thought my position is still in a short play. Observing the market sentiment and movements.
The 4 h and 1 h fast EMA's are still under the long EMA's.
TD on 4 h is on 5 of 9, lets see where it take us.
Death cross in the 4h ?The 50 EMA (Yellow) is almost in the direction for a potential death cross of the 200 EMA (Blu), though we ranging in a "non trade zone". Last time that such an event occurred, we had a drop BTC to the bottom line of the descending triangle, around the price of 93]00-9400.
Will this be the outcome of the bearish channel we are currently looking at?
AUDNZD 4HR - Bearish Divergence OANDA:AUDNZD
Between 3rd Sept and 5th Sept, price failed to make to a higher high, while macd displace a lower high signalling bearish divergence. Expecting a move down to the 200EMA, Weekly S1, 75 fib at 1.057. Would look to re-evaluate price once it reaches this zone to see if price continue up or drop lower.
Short at 1.065 with a target of 1.057 and then re-evaluate direction.
XAUUSD 4HR - Bounce from key levelsOANDA:XAGUSD
Price currently retracing to the 17.50 which is the 200EMA, Daily S2/Weekly S1 and 68.5 fib level. Expecting a bounce up off these levels and move to between Daily R3/Weekly R1 at 19.20.
Long at 17.50 with target at the top of Weekly R1 at 19.20.
GBPUSD H4 - New Trendline formation + Bullish FlagFX:GBPUSD
Price is currently setting up a new trendline and is expected to retrace back to this line at around 1.22 which is also the 38 Fib, Weekly Price Pivot and 4HR 55EMA, before continuing upwards to weekly R2 at 1.238. Expecting a triangle formation with initial resistance at Weekly R2/Daily R1.
Long at 1.22 with an initial TP at 1.245.
BTCUSD 4H BITCOIN INDICATOR STRATEGYBitcoin Indicator works on all markets and time frames
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BTC 4H - Move to 50EMA and then drop to the Daily S3BITSTAMP:BTCUSD
Price is currently squeezed between Daily Pivot/Weekly S1 and EAM20 on the H4, expecting a push to daily R2, 50EAM, 50 fib and test of previous resistance level at 9850 from the underside before a drop down to daily S3 at 9200.
Watch for a break of the daily pivot level as price may just break lower to daily S2 and trade in a sideways range.
