Astrofx
GBPAUD BIG SHORT?hitting resistance, lets see this pair falling? anything above 1.535 is obsolete to trade, what do you think?
XRP Margin Trading Short Since the markets have been seeing alot of bullish momentum in these markets the past couple days and alot of speculation this could be the start of a bull run, even i believed it, technical analysis is telling me otherwise, I seen a great head and shoulders movement with a nice 61.8 level retest of my Fib. along side I caught the ABCD movement at "C" where my entry is for a potential push further to the downside to complete the "D" which is at 32 cents which is my take profit, SL is at .34500.
AUDUSD market execution and Sell Limit 0.71700. EURAUD Setup earlier was a flop because of a short SL. not this time, lets look on shorting audusd with a proper SL. #letsgrowwithourmistakes
Hourly Trade?i usually do not trade on the hourly time frames,but lets try it this time. looking anywhere between 30-50 pips short. Both trades uploaded are live and ongoing, regardless of news. Cheers and happy trading.
Good Morning GBPCAD :)Perfect downwards trend on this set up. Using the fibs this pair looks like it is rejecting the 23.6 region and is heading downwards. i believe in keeping my charts as clean as possible. 110 pips move. lets catch those pips. Comment your views and thoughts below. Cheers. Happy Trading.
What is Bitcoin doing?As we can see on the 4-hour chart, price broke outta the bullish wedge at the 3367 support area. Price then found itself at a previous area of supply. Right now, price is creating a bullish flag pattern, indicating potential longs, but price is stubborn.
clear upwards trendline. GA BUY FOR THE WEEKDont usually swing trade, but i think this maybe worth the shot. Long oppurtunity to the 1.82 or even 1.85 region. Comment your thoughts and opinon below. (just doing a lil homework before the market opens). Happy trading guys :)
GBPJPY, short after break retest weekly resistance?After breaking the weekly support of 142.50, we've consolidated below the level for quiet a while now. We've retested 142.50 as resistance for 8 days straight, not able to break, close and stay above it. After breaking to the downside of the consolidation box we now retraced back to the key level since we got positive results from this morning retail sales numbers. On the daily we see the MA's crossing bearish and we got the evening star with it at the resistance level . On the 4H we are now closing to the 61.8 fibonacci level that lies a couple of pips below the key level, making this a very demanding and interesting price for bears. Since we remain and close this week below the weekly resistance I'm only interested in shorting the pair. Might take a position now or wait until market open in Japan session on sunday (since we know it's the retracementfase) for further retracement and wicks to the highs, testing the 71.00 fibonacci level.
NZDUSD hourly timeframe. Head and shoulders pattern.1.5 ratio. small trade with 30 pips tp and a 20 pips SL. it looks certain to go lower. currently at 50% region in my fibs.30mins bearish engulfing shows that it rejected that region and must go lower to retest. Cheers and happy trading
Key region for NZD/CADON the daily and on the weekly, i see a bearish momentum. However, on the 4hourly we are in a HUGE support region. Where do you think this pair will go?
Potential GBPAUD reversal to downside.After closing last week with a shooting star back below the resistance level of 1.8250, we completed a fibonacci retracement of 71.00 on the daily TF. Creating a H&S pattern on the hourly TF we broke, closed below and retested the trend line and resistance level again. Im looking for a potential short to the D extension at 1.7700, with support in between at 1.8000 and 1.7900 . If we could break both supports, we might continue and break the weekly support of 1.7750 to continue to the next D extension and monthly support around 1.7500 - 1.7457. But I'd like to see the weekly support tested since we know there's a 75% chance of hitting the weekly key levels after breaking a monthly key level.
Is EURNZD ready for a short?Watching EURNZD I still believe we got some more room to the downside since we’ve rejected from the 50 fib on the weekly TF at 1.7050 . Last week we closed as a bullish engulfing which could lead to bullish interest but we havent closed above any declining MA on the weekly yet, currently testing the EMA as resistance. On the daily TF we are now breaking out the downside of a hourly consolidation zone. Potentially closing as 3 pin bar pattern after today’s close. We’ve been in a bearish trend since 1 January after testing the key level support 1.7050 . From the daily declining trendline we are have rejected the 78.60 fib with last week’s close. If we now can push back below the monthly resistance of 1.6700 my bearish vision will be validated for me, targeting the next daily supports of 1.6600 and 1.6450 close to the next weekly support and first fib D extension. Long term take profit zone would be around 1.6455 - 1.6350 . If we take out last weeks highs we’ll have to come back to the charts, upside target could come around 1.6900 if we retest 1.6700 as support.
XAUUSDDaily- HH's & HL's, bullish trend, MA's are bullish, TL holding nicely.
4h- Needs a retest, previous liquidity zone/ Daily TL / 61.80%
Bears took control over GBPUSD.Since we broke the previous support mentioned at 1.3080, we've been heading lower and lower breaking easily through the monthly support of 1.3000 and closing below. Also May has her negative effect on this pair making it easy for pound to head lower and close with a bearish marubozu candle on the 4H TF. Currently there's a lotta room left to the downside with our next target at 1.2850 which acted as a strong resistance and support in the past. Breaking this support makes it possible for pound to test January lows again at the 1.2700 monthly support level.
NZDUSD ready to make higher low?NZDUSD is a pair I’d like to put my focus on from now on cause I adore the way it respects price action. On the daily TF we’ve rejected the previous daily high 0.6940 with a somewhat tweezer tops and on the last day of last week we closed with a strong bearish engulfing + theres a little wick on the downside so it’s also somewhere between a shooting star and marubozu. Yesterday we closed the day with a bearish spinning top. If we then go down to the 4H TF we can see how we broke to the downside of the consolidation box and are now retesting previous support as resistance. On the D TF we are still with bullish MA’s but on the hourly TF’s we crossed bearish. I expect price to break the hourly support and drop all the way to the monthly support 0.6850 with chance to break thru and test the hourly lows around 0.6820 .
On the 2H TF we rejected 0.6900 with several wicks and are now closing the current candle as a evening star pattern.
