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4hour

EUR/AUD HARMONIC PATTERN COMPLETION IN BOTH DIRECTIONHi there, I found a really great opportuniy in the EUR/AUD 4H. The best part? It's executable in both direction. Here are those harmonic pattern completions: 1. Bat Pattern Completion at the 0.886 Retracement with target at 0.382 retracement that comes right at structure (Given that this trade has a bullish bias in the HT. I only shoot for the 0.382 retracement). SL goes above the X point at 1.18 Fib Inversion of the X-A leg. 2. Gartley Pattern Completion at the 1.382 Fib Extension that comes so deep, almost right at strucure. Given the bullish bias at the HT, this time I go for the 0.618 Fib Retracement as target and place SL below the 1.618 Fib. Extension at the 1.13 X-A Fib. Inversion. That gives me a roughly 3:1 Reward/Risk ratio and allowing me to use a more agressive position sizing strategy. So that's my plan, what do you guys think? Hope this one helps you bulding more cases for your entry. Regards. Fedro Christian.
by FedroChristian
Upside potential BTC/USDBeen really interested in the workings and concept base around Bitcoin so thought I would analyse it for possible opportunities. Seen a strong trend holding on the daily charts which is correlating perfectly down to the 4Hour chart. Some strong fibonacci levels in action here along side MACD and RSI indicating a pivot in momentum. Two potential targets set at weekly resistance levels between 289 and 295 levels. Looking forward to seeing this one play out.
BITSTAMP:BTCUSDLong
by Dylan-Rogan
EUR/USD LONG TERM SHORTING OPPORTUNITY Hello traders, I've been looking at this pair for over 2 and a half hours completely analyzing it and I feel very confident sharing this with all of you. I've taken the structure highs and structure lows for the past few swings and have analyzed them due to their stark similarity. If the pair continues past the 1.07 level, I plan on holding this as their is a lot of structure right there. I am expecting however for the pair to hit the 1.08/ 1.075. Feel free to leave your thoughts as any comments are appreciated. Thanks, Bio.
Short
by iBiohazard
2
AUDUSD / 4HR / STRUCTURE SHORT + (VIDEO)VIDEO: www.youtube.com Hello and good morning traders, hope everyone is having a great morning and getting ready for a big day trading. Looking at the AUD/USD pair on the 4 hour time frame, we're trading a bearish trend continuation trade to the downside and with strong USD figures coming through, we're looking to line up with a good entry point around this area. Targets and stops are set in place, but we can look for more potential downside after the 127% extension as we go ahead to manage this structure trade. Star Prosper Philip Stewart
Short
by UnknownUnicorn168204
EURAUD: #Short Opportunity at High Probability Area!FACTORS OF CONFLUENCE + Massive Bearish Sentiment on the Weekly and Monthly charts, so with the dominant trend. + 38.2% Ret. + Yearly Pivot Resistance Convergence. + 50.0% Ret. + Monthly Pivot Resistance Convergence. (Typos on the chart, sorry.) + 61.8% Fibonacci Retracement (so lonely) + 50 + 200 EMA Converging Into the Value Area + Previous Support / Resistance Levels + Bearish Wedge Continuation Price Pattern. + Euro fundamentals. Lol. + We still lack candle shapes! Watch out for anything suspicious! Look for candle shapes around this area (high test, tweezer tops, etc.) to get short. Always utilize smart stop placement! AREAS OF POTENTIAL SUPPORT + 1.381 + 1.365 + 1.356 As usual this is not guaranteed to occur and as traders we are expected to use our own analysis to further confirm our decisions. Happy trading!
Short
by Daniel.L
2
AUDUSD 4 HOUR CHART SHORTI'M ALREADY IN A SHORT POSITION BUT IF PRICE RETRACES UP TO MY SELL ZONE I WILL LOOK AT PRICE ACTION TO ADD IN ANOTHER POSITION AND TARGET 0.75000. I STRONGLY BELIEVE WE CAN GET TO THERE IN THE SHORT TERM BECAUSE THE LABOUR MARKET IN THE U.S KEEPS COMING OUT GOOD WHICH WILL HAVE INVESTORS/TRADERS SPECULATING A RATE HIKE AS EARLY AS JULY. ON TOP OF THAT AUD CURRENCY IS STILL OVERVALUED AND THE AUSTRALIAN GOVERNMENT SAID HE.LL LIKE TO SEE AUD REACH 0.75000 WHICH IS ADDED CONFLUENCE THAT ITS ONLY A MATTER OF TIME UNTIL WE GET THERE. AUD IS DOVISH WHILE THE FED IS HAWKISH SO WE'VE GOT A GREAT DIVERGENCE ON THIS PAIR.
Short
by remelthomas
1
AUD/GBP OUTLOOK : BULLISHThe analysis above is just my overall bias on the pair. Price has reached the bottom of the channel (also the completion of a harmonic wave) and is beginning print higher lows (indicating a possible uptrend). However, price is still struggling to break resistance (shaded grey area). I will be monitoring this pair for a LONG entry once resistance is broken. Entry will be based on a demand/TL/fibs. A smaller TF analysis for possible entry points will be posted soon. Please feel free to comment below for any questions or suggestions regarding my analysis. Thanks MaiTrader
Long
by Trader_Mai