Good night friends. I thought the correction would start earlier, but I made one mistake in the past in calculating the wave, which destroyed the entire nesting doll. Now everything returned to its place. Sales are coming to an end within my favorite final diagonal triangle. We have all 5 waves, even an interesting thing as the last price jerk. Breaks the...
The possibility exists that the pair could take off without forming the E leg of the formation. For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Entries, targets and closure of positions may be subject to alteration...
Watch a flag on the 1hr for one more move down. Wait for a clear confirmation on the 1hr
Price has broken through, and currently retested the neckline showing a lot of upside momentum and giving a nice long opportunity. Will be looking for the next higher high / higher close for entry. For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots...
strong elongation in the wave 3, called the truncation in wave 5, which led to the triangle with the outlet down. The release happened on impulse. An upward channel has been broken through. It is too early to talk about a change in trend, but ABC correction will be. Support levels, although they are quite rough. Need to look for the situation
Hey Guys and Welcome, CADJPY retraced over 60% of previous Week price action, we are following „Mid“-term Trend with a good RR. Price retested our midterm downtrend last week and respected it, this week started with a very bullish spike/Price let´s see.. Short: 81.895 Sl: 83.787 (80 Pips) Tp: 80.819 (110 Pips) Feel free to Comment and Discuss my Trades....
Hey Guys and Welcome, AUDUSD retraced over 60% of previous Week price action, we are following „Mid“-term Trend with a good RR. Price spiked last week possibly a takeout of seller stops before heading further down. Long: 0.77538 Sl: 0.78075 (50 Pips) Tp: 0.76897 (60 Pips) Feel free to Comment and Discuss my Trades. Have a Great Week :) Alan
Hey Guys and Welcome, GBPJPY broke previous week highs and forming new highs, we are following „Mid“-term Trend with a good RR. Price started strong last week and broke back down, I see this week forming new Highs Long: 150.377 Sl: 149.586 (80 Pips) Tp1: 151.137 (80 Pips) Tp2: 152.269 (190 Pips) Feel free to Comment and Discuss my Trades. Have a...
Analysis done with Daily and 4h price action. | Price is almost at our channel and trendline. We are still expecting a touch for the trendline and then bearish move. Great low risk setup.. | LIKE if you agree.
Hey Guys and Welcome, GBPUSD broke previous week highs, we are following Mid-term Trend with a good RR. Strong bullish movement over past few weeks occurred, heading towards new highs @ 1.32500. This Level need to be taken out ;) Long: 1.42230 Sl: 1.41455 Tp1: 1.42991 Tp2: 1.44092 Feel free to Comment and Discuss my Trades. Have a good one :) Alan
so we have a possible confluence setup, we have to wait for one or two things: One being that we come down to the 38.2 and wait for a candle stick reversal pattern or were going to break our lower high which i marked in red and we will get a reversal from there we can re measure our fib for a sell opportunity.
Potential Rising Wedge formation Stop loss above high
In the last idea, we looked at the bullish flag and the triangle. But something went wrong and everywhere the output was down. Fortunately, we only go in the breakdown, and therefore not lost anything. Also wave analysis ceased to give any signals. And all that with great probability has grown into an inverted head and shoulders. I considered before that the...
Ether also stands in the zone of interests of buyers. See the reversal signal. For short-term trading, it looks very interesting
in the last idea we considered with you the initial diagonal triangle with 5 waves, which gave us a signal in a long position. Happened obvious upward momentum was further testing of the 1 flag and the night I gave you the goal on the chart