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H4chart

Analysis On GBPUSD on the H4 timeframeWelcome again to my latest or another analysis on GBPUSD which has been playing with our emotions but as of Yrsterday to today we saw our candles retest our descending trendline and formed a bearish engulfing candlestick which was a great signal to sell but if you miss that trade we are getting ready for another short sell again at the fibonacci retractment level of 50 and the market has been forming a lower lows so if we wait for the next candle to touch the 50 or 61.8 fibo level we could go on a sell and place our take profit at the support level
Short
by forex_hokage_
WEEKLY ANALYSIS! XAUUSD OUTLOOKGood day traders! Wish you all have a pleasant weekend and do enjoy yourself and happy trading! XAUUSD H4 timeframe, on last Friday, price has strongly rejected the trendline and EMA 55 (as expected) and break above 1765. Coming week, we believe that gold would continue its bullish rally to 1800 (ideally) due to fundamental news and technical analysis. Therefore, as long as price remain within the trendline (as shown), we will be looking for long opportunity at 1765 and expose to 1800. Entry Price: 1765 SL: 1750 TP: 1800
FOREXCOM:XAUUSDLong
by ChinSengFx
Waiting for the pullback or break.This is a closer look at my previous post for the Weekly time frame. Here on the H4 time frame we can see that I am expecting wave 3 to complete to the downside before the price should rally. There was a spike which caused a double bottom though which could see the break come before my structure plays out as indicated here. That means I am waiting for one of two things before entering the long: 1. A H4 close above the resistance of this structure 2. A push down to the bottom of the structure to complete wave 3 Either of the above events would signal the long entry and I am looking to capitalize on this move! Happy Trading! Linton White JP Markets South Africa
Long
by Linton_White
1
H4 USD JPY - intraday choppy - avoid till BUY opportunity knocksFX:USDJPY looks very choppy Since daily charts have positive bias, I believe that long trades on 4 hours charts/ intraday will be trend following However, as we can see, there is a bearish divergence that has been witnessed, price moving upwards and RSI moving down. Divergence may remain for longer periods even post when they are witnessed. At this stage, I would avoid any intraday trades till their is clear signal and would look for buying (long) trades as the chart develops. Short trades will be against the larger trend on daily charts and may have less win probabilities and may either have lesser gains or higher whipsaws Sharing below my daily chart analysis done on daily timeframes If you like what you see, please share a thumbs up and a comment in the section below Cheers
by LoveForCharts
BABA on 4 hour chart, uptrend may continueBABA on 4 hours chart has got into an uptrend and unless it closes lower than 176, may continue to show strength on this time frame. It has taken down the previous highs and a nice retracement making a higher low and RSI bounce back into the mid zone will be very bullish, indicating that market getting over sold with low retracement on price and markets good then go higher Look out for change of trend incase the previous lows are breached as that could be early indication Look out for more on this as the pattern continues If you like what you see, please share a thumbs up! Cheers
NYSE:BABALong
by LoveForCharts
H4 chart on EURAUD short setup4 hour timeframe chart on FX:EURAUD Currently forming a descending triangle and price nicely testing the support and resistance levels approaching the climax. Price currently below the 50 period moving average, indicating possible resistance and downward pressure (likely short position on break of support) ADX not relevant in this as works best with longish time frames Please share a thumbs up if you like what you read and share a comment in the section below. Cheers
Short
by LoveForCharts
ShortI am not so much expert but what I can see here that it is changing from flag up pattern to triangle one also towards downwards. I think from 1479. It will start falling for long term because it will break out the pattern or it will go beyond if it breaks 1502 resistance which usual one for short term. but my best suggestion goes for Short Term. Rest is upto your guys. If you like my idea then Hit up. Please suggest your views as well. I analysed on H4 and Day chart.
FX:XAUUSDShort
by sachin555
1
Weekly forecast for AUDCADThis week we are really close to the 0.97600 monthly S/R line, it bounced off and retested the daily 0.97950 S/R line, closing under. The price tried to go above this line but it was rejected as we can see in the wicks of previous candles, it could be a bearish signal, but we have to wait. I'll be looking to sell, my target being 0.96450, because the trend doesn't seem to have lost momentum and is following market structure nicely. If the price breaks 0.98300 S/R line, I'll consider going long because it may indicate a reversal. We have to be on the lookout for for monday and wednesday, important news for CAD and AUD, so it may affect the market.
by arocha.daniel3