GBPAUD H4 Price has been moving in a downtrend forming LH’s & LL’s while also rejecting key fib levels at the moment. Risk to Reward is around 3:1 We’d like for price to stay below 1.8300 overall for this setup to play out. If price can break below our Trend line around 1.8200 then GA can push down towards 1.8100 - 1.8000 support level. (Keep in mind high...
Market maker trading strategy used to work out there was going to be a breakout in London after there was a hammer left at session change over. expecting a rise at 3pm on the 23rd due to fundamental analysis but also expect a reverseal in the New York session time. happy to hear any opinions, I'm only 16!
Hello everyone At the moment a short of the pound yen could be going to the following levels before going back into the weekly trend however if we break these levels further south then will need to reassess what is going on Happy trading Kris
From the daily chart, market conditions have changed as of the April 13th failed reversal and subsequent upside break of the long-term trend that has contained price since all-time highs (orange line). There is immediate resistance above with a 9500 - 10000 resistance zone and the 200-day moving average. However, likely to be broken with continued upside to test...
This week there is a lot of news regarding the dollar and the yen. In a perfect world we see a pullback to 105.4 and take long positions targeting 105.95 as target one and 106.4 as target two. Since we may not pullback that far, I am still bullish on the dollar this week as we need to retest broken supports and as the market sets up for NFP on Friday. Take...
Our pivot point is at 13.4600. Our preference:our next up target stands at 15.2340. Supports and resistances: 15.9530 ** 15.5930 * 15.2340 ** 14.8750 14.1551 last 13.6920 13.4600 ** 12.8660 * 12.5130 **
AUD/USD falling inside minor impulse wave 3 Next sell targets – 0.7300 and 0.7260 AUD/USD has been falling sharply in the last few trading sessions inside the minor impulse wave 3, which started earlier – when the pair reversed down from the resistance zone lying between the resistance level 0.7500 (previous buy target which also recently reversed the a-wave of...
Non farm payroll has kept me away from the USD pairs as this pair will be very volatile and unpredictable in the way it moves however I have still analysed it. On the 1 hour window im expecting price to keep moving within the side trend for now and potentially come down to 1.31403 and break below down to1.31073, if not it will come down to around 1.31403 and then...
We will wait for the break to establish which direction AUDNZD is going, we will keep up to date with any developments.
My view on UKOIL , if price go below the channel i will look for short , until then i am on the bulls side.
This is just my analysis, what i think UKOIL gonna do in the next weeks. Feel free to comment and critique in a constructive way. Thank you and good luck in your trading!
USDJPy has pushed through horizontal level @ 109.68 to now test strong daily trend line currently seeing indecision. if price can break below 109.85 showing strong continuation... looking to take short a position with stops at previous 8 hour candle high 110.48 1:2 targets
We worked on a new system which gives varity of Buy and Sell signals wiht confirmation 3Trend formation. Hope to have profitable setup at all. Let's check it for a few trades. Buy Stop: 0.7113 TP: 0.7304 SL: 0.7055
#EURJPY The pair is showing #bullish momentum a clear break of #resistance zone & last high will initiate longs to upside targets. The pair still is overall in a #bearish trend a rejection @ resistance zone and MA +break of the trend line downside targets will come into play. WAIT FOR YOUR SET UPS TO PLAY OUT BE DISCIPLINED PATIENCE IS KEY TO SUCCESS!