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Forex-analysis

EURAUDActualmente vemos como el valor está en un KL diario que además nos coincide con un doble techo, además podemos observar como nos ha roto un trianguo simétrico con lo que tendría que volver al mismo para retestearlo, que junto al rebote que actualmente estamos teniendo en la Daily, el retesteo de la misma tendéncia y el 61% de fibo daily, nos indica como el valor bajará. El único problema que tenemos es que según la estructura de mercado, KL y fibo el valor no tiene que caer tanto como para retestear, con lo que esperamos una caída hasta el monthly y que ahí decida como va a actuar.
Short
by BlazeGP
GOLD IS BAE - I LOVE BAE Gold gold gold, you are so perfect - IF ONLY we pay attention! STALKING XAU/USD has given me an edge, to actually watch these patterns and setups form and COMPLETE (thats important, chart time- chart time- chart time) who would've thought that drawing ONLY obvious lines on a chart would make a picture so much clearer?!... where was this brilliance 4 years ago lol -_- My process: -- drew my OBVIOUS zones in green - (obvious zones as in an area that price made THE MOST drastic turn in the opposite direction on the higher timeframe) -- drew my obvious retracement areas in fuchsia - (obvious retracements as in , an area price revisits THE MOST on the higher timeframe) -- drew my favorite chart patters (ascending triangle, descending channel, bull flag - on the higher timeframe) -- drew my trendlines (on the higher timeframe) Based off me doing these steps I was able to see that: -- PRICE HAS BROKEN OUT OF MONTHLY SYMMETRICAL TRIANGLE (this gave us the trend direction...CONTINUATION UP) -- PRICE IS FORMING AN ASCENDING TRIANGLE ON THE 2HOUR TIMEFRAME AND PRICE SHOULD BREAK OUT ONE OF THESE DAYS (even though I took the trade from the trend line bounce ; P) -- PRICE IS MAKING HIGHER HIGHS / HIGHER LOWS (this confirms the uptrend) -- PRICE PULLED BACK TOWARDS THE 20 /50 EMA (I don't trade when price is far away from the EMA/s) - - Price ended up breaking out of the ascending triangle, but I'm waiting for the 4hour candle to CLOSE -- IF price closes above my RED ZONE I will buy on the pull back towards the zone + 20/50 EMA on the 15 min chart! * * -- IF price closes below the RED ZONE I WONT TRADE it until price shows me that its ready to be BOUGHT again! ( I LIKE TO BUY ONLY) My trade plan for market open. My over all forecast is to see XAU/USD head to the next super key level at 1780.00 - WE SHALL SEE : ) Thanks for reading ** I am no teacher, just someone that fell involve with the markets the moment I saw my first chart. I've been dedicated to find a simpler way. I am here to share my thought process, winning trades and losers. I hope you have a great trading week!** -Lee THE TREND IS YOUR MF FRIEND"
FX:XAUUSDLong
by iiiamalicia
AUDJPYAUDJPY has been moving nicely in a channel since September. Price is currently reaching a weekly supply zone. After drawing the Fibs from the top peak to the retracement area, price looks as if it is headed to the 78.6 area before it decides to turn. I will be looking to take a short either at the 78.6 or 76.125 QP where there are a lot of rejections and a key importance level when you look left. I also See a wick in the 73.768 area which indicates liquidity and a low that needs to be taken out. Key areas I will be looking to TP is the top of each zone as well as the -27 and -67 by the order blocks that are highlighted in purple. 1st TP - 75.124 (70 Pips) 2nd TP - 73.936 (194 Pips) 3rd TP - 73.021 (285 Pips) 4th TP - 71.915 (400 Pips)
Short
by EricDowdell
EURUSD English If the market falls to the point of touching the support line and continue upwards until it touches the trend of the days that have passed, two things can occur: the candle can break as well as re-adjust the trend or it can remain how it was and then continue with a downward trend in which one will start looking for possibilities of sale. Now, if the market falls below the support line it will be changed to a resistance line. This will cause the market to stop its movement that it was carrying, therefore one would look for sales until we expect it to reach a strong point of support and notice if it breaks in order to see if it keeps on going down. We must also work with the indicators that are considered to be currently in an overbought area during a duration of 4 hours; the possibility that it falls at least to that support point is somewhat strong, but you always have to wait while the market is in action. These are the possible advances for this week for this pair. Spanish Si el mercado cae hasta el punto de tocar el soporte, se mantendrá y continuará hacia arriba hasta que toque la tendencia de días en el cual puede llegar la vela a romperla y retestearla donde llegará un cambio de tendencia, o que permanezca en ella y luego continúe con su tendencia a la baja en lo cual uno comenzará a buscar ventas. Ahora, si el mercado cae por debajo de la línea de soporte será cambiado a una línea de resistencia, causando que el mercado deje de hacer el movimiento que llevaba y tendríamos que buscar ventas mientras que esperamos que alcance un punto de soporte fuerte en lo cual se pueda ver si se termina de romper y si sigue bajando. También debemos trabajar con los indicadores que actualmente en una duración de 4 horas se encuentra en un área de sobrecompra, la posibilidad de que caiga al menos hasta ese punto de soporte es más o menos fuerte pero siempre hay que esperar mientras el mercado actúa . Estos son los posibles avances para esta semana de este par.
by ricardovv
USDCHF - FOREX - 15. SEPT. 2019Welcome to our weekly market Breakdown ( USDCHF )! - 1 HOUR Bullish move after forming new h1 lows. 4 HOUR Small bearish pullback in a bullish market. DAILY Bullish moving market with several pullbacks. OVERALL Expecting prices to form new highs before heading back down to average price movement and range. Will update you once we have more confirmations. Good luck - Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
by DACapitalTrading
GBPNZD 14/09/2019Hello Traders! We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot. If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH? So SM must BUY LOWER and SELL HIGHER :) We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM. CHARTS AGENDA: SM - SMART MONEY PA - PRICE ACTION HEC - HIGH ENERGETIC CANDLE (LAST OPPOSITE CANDLE BEFORE MOVE) <- SM MUST SELL TO BUY AND BUY TO SELL :) BITCOIN SIGN - MONEY POCKET (SL, BUY STOPS, SELL STOPS) - EQH - EQUAL HIGHS / EQL - EQUAL LOWS BLACK ARROWS ARE ABOVE AND BELOW THESE MONEY SPOTS POINTING FUTURE TARGET BLUE LINES - ENTRIES WITH SMART MONEY MITIGATION MOVE - SNIPER ENTRY FOR US BLACK LINES FOOT PRINTS - SPOTS ON CHART WHERE SMART MONEY SHOULD COME BACK TO GET OUT OF THEIR POSITIONS IN DRAWDOWN (SM MUST SELL TO BUY AND BUY TO SELL) - POTENCIAL SNIPER ENTRIES BLACK BOX - GAP's (IPA - INSUFFICIENT PRICE ACTION) - SPOTS ON CHART WHERE PRICE MOVED TOO FAST, AND LEFT SOME "WHOLES" IN PRICE ACTION WHERE ALGORITHMS WHAT TO COME BACK AND FILL IT BY "HEALTHY" PA. If u have any questions feel free to ask:) GOD BLESS U ALL!
Long
by Snipers-Academy