I think there is an approved double bottom on H4 time frame.
EURUSD CUP AND HANDLE IN D1 EURUSD UPTREND CHANNEL IN H4 REACHED THE TOP OF THE CHANNEL COULD BOUNCE FOR A LOWER HIGH
EURAUD is in range and chances are to breakout in direction of previous wave3. This might be possible wave5
NZDusd as been in a clear uptrend since the past week but looking at price reaction and rejection towards the 0.616 level, I think buys sentiment is getting exhausted as H4 timeframe shows weakness with a bearish engulfing candle. I expect price to move from where it is currently towards 0.606 level and maybe into 0.600 level. Looking at the Daily Timeframe,...
BOTTOM of bb. oversold on most oscillators. setup for S3 camarilla pivot buy for range trade. the target would be conservatively around 6.9-7k
The outlined white arrow pathway is the predicted pathway that the AUDCHF will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at the exact turning points where AUDCHF will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY...
FX: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...
BABA 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...
Hi friends… I love this chart… It tells so many things in one quick glance. This is 4 hour time frame chart. In the first case, 24th to 30th July, we see strong bullish Price movement, completely unconfirmed by RSI (bearish divergence) and then we see a sharp fall in Price (would have a good time to exit any long position at this stage, maybe even consider a...
Chances of creating and Double Top (M) and an oportunity for sell.
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY AUD/JPY Short Sell continue... Chart Time frame - 4 Hourly Timeframe - 1-2 weeks Actions on - A – Activating Event Entered short position on the 8th Nov. Below you will see trade management details B – Beliefs Continuing on with trade however moving stop loss closer FX:AUDJPY Trade Management Entered @ 82.93...
EMA Crossing on 4hr TF, but even so, I'm awaiting daily candle close confirmation near the 'Spring' area in order to move in and hopefully profit at the .50% fib. mark. Breakdown: 1. Touching Daily long-term trend Support Area & at Ascending Support; 2. Within Upward Channel 3. EMA crossing (4hr) 4. Appears to be a change in Polarity PS: If it goes past...
If price fails to break my baseline, I will look into long till 1.32500. with the confluence of, Gartley, rejecting at daily support and closing above, break of bearish channel. If price prints above 1.31250 range this would confirm the long move TILL THE 1.32500 range.
we can wait for the next wave 2 and then buy the wave (3)