In general we have a wonderful downward trend and we saw break of structure in lower timeframe which confirms shift of momentum to downside, currently price is retesting the lower high created after break of structure and potential supply zone. we should way for price rejection and enter short target 1=73.300 target 2=72.000
Top Down Analysis WEEKLY TIMEFRAME EUR/USD !! It have a downward channel at which we see price action respecting, and when you change from candlestick to line graph we see price currently on the "weekly resistance" plus it respect the 61.8% fib retracement level of the weekly. which gives it more confirmation for a downward continuation, Also positive NFP data...
audjpy hit hit daily trendline recently and in case of an breakout on imidiate uptrend we can go short and vise versa we can go long if the imidiate trend continues you can be updated with our signals on our telegram channel and get the exact signal firsthand t.me
We Got The Retest Of Trendline And Close Below The Higher Low For Confirmation Of Change Of Trend. Price Closing Below 1.28600 Will Be A Plus But I’m Selling GU And Been In Profit. We Also Have A RSI Bearish Divergence And Break Of 20 SMA. #forex #londonsession #gbpusd #mt4 #priceaction
USDCHF has broken the bullish trendline on the 4hour chart. I believe this pair is going to break and retest the trendline before continuing the bearish force. The RSI also has a reading for a correction of the bears move which would be the retest i am analyzing to occur with a reading of around 35.30. Furthermore, There is a bullish divergence on the 4 hour chart...
Trendline + support + stochastic, possible reversal?
GBPUSD disrespected overnight but these USDCHF teacups are holding well. Under 200 EMA as well. E1: .9957 E1: .9961 SL: 30 TP: 50 Using: MAX Tea Cups -- Unreleased MAX -- Beta Unreleased Version MAX Alert
When scared money fails. Should have set this before i went to bed would be in profit in 1 of 3. Just entered @ 110.6 SL: 30 TP: 50 Using: MAX Tea Cups -- Unreleased MAX -- Beta Unreleased Version MAX Alert
Could go either way Unlike AUDNZD and GBPNZD the tea cup did not activate after High Impact news for NZD 03/26/2019. GBPNZD hit SL MA also crossed so it was probable to lose. I have Buy & Sell limits. Indis are leaning toward sells. Buy limit might trigger first. Using: MAX Tea Cups -- Unreleased MAX -- Beta Unreleased Version MAX Alert
I would like to have an MT4 indicator that sends me a notification to my phone and via e-mail when we reach point D. We could mark those points as a local high/low around places when RSI shoots above or below threshold level (80/20). The conditions are for a long notification (short is the opposite): A < C B < D Each time the indicator finds a new wave...
Prices are within major downtrend and can head lower to targets of 1.66250.
candle rejection on resistance followed by bearish trend and breaking trend line stoch indicates over bought SHORT
gartley setup. TP at 38.2 and move stop to breakeven
Quite Clean Ascending Triangle has formed on the ASX200 H4 - looking for a break and close in either direction for entry. Look at RR = 3 here. Potentially very good setup.
This pair moves similar to EUR/USD. So I expect price to form a nice support on Monday/Tuesday and then push up to weekly resistance
AUDUSD is expected to move downwards on a corrective wave up to 0.7791 and stop loss placed at about 0.7872
This pair has been on the rise since the outset of 2017 but that all seems to be coming to a halt within the week or so. This is thanks to the potential formation of a double-top pattern at the daily local maximum. Target 1 has also shown very strong S&R levels in the past year so expect the pair to experience some consolidation here before its drop to the 2nd...