Nakedchart
EURAUD for the moments aheadDescending channel.
Price was correcting , making a lower high, until momentum kicked in, breaking through previous structure lows and the 'bear flag'.
It should respect the higher timeframe's channel, since it has been doing it for the past several days. So, odds are on our side.
We should then expect a reversal, only confirmed by price breaking previous structure highs.
Market structure, baby!
Indicators Suck. Keep it simple stupidWe swear banks brought out all the rubbish on the internet to confuse people So they lose money.
Keeping it simple is so much easier and profitable. Just get good a drawing naked charts.
There's a short coming up at the key level. We will watch for price action and update clients.
Sell and a short coming up. Want to join and make money. Lets goWe would sell at the key level. Risky sell. They look at buying at the trend line plus confluence. So a support level.
Clean and simple is how we like to keep it. Naked trading. x
EURUSD MARKET ANALYSIS 4H TIMEFRAME | DOUBLE TOPEURUSD PRICE IS AT RESISTANCE ZONE. POTENTIAL DOUBLE TOP FORMING. WAIT FOR BREAKOUT OF THE NECKLINE FOR CONSERVATIVE ENTRY
DXY MARKET ANALYSIS 4H TIMEFRAME | DOUBLE BOTTOMDXY POTENTIAL DOUBLE BOTTOM. EXPECTED BULLISH, CONFIRMATION WHEN PRICE BREAKOUT OF TRENDLINE.
EUR LONG?!I believe this can retrace back up. Do I believe it will reach all the way back to the final target? Personally No. But I will keep in mind of that.
AudjpyAUDJPY H4 chart it's also showing an inverted cup pattern it's not complete properly. The market will move under the channel to complete the chart patterns. If the market move and break any upward or downward that can be the cause of entry. The downside of audjpy also will break the below trendline and the retesting point will give us some confirmation of sell entry in audjpy.
EURAUDIn euraud we have proper channel and the market is in channel if the market will move under the channel range. If channel break at upward or downside so we can enter in euraud trade with proper confirmation that will be any candlestick or breakout pattern. Until we have to wait for the right time to do trade in this pair.
Simple naked chart setup Pinbar @ support on 8H. Entry on retrace.
Entry: 17,619
Stop: 17,434
Target 18,174
The numbers could be 1761,9 - 1743,4 - 1817,4 depending on broker and instrument. This is from a CFD.
NZDCAD - Short MoneyA Divine Market Perspective on NZDCAD. R:R 10.
This is low hanging fruit, anticipating a good rally after our TP.
"Whatever a man sows, is what he reaps"
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818 Wealth.
Naked Chart.
USDCADUSDCAD possible head and shoulder pattern. wait for confirmation at lower time frame before entry.
USDJPYUSDJPY is expect to go down. Please wait for confirmation at lower timeframe and entry at your own risk.
