GBP/USD 🚀Accumulation completed
Ready to go to 1.40500.
Important levels to gain are 1.34860 and 1.37470
Noindicators
EUR/AUD Long - Target pattern highs- Daily - Slight descending channel with a double bottom at the 3rd touch of the pattern. Leading up to the double bottom there was another descending channel which price impulsed out of and in the next flag correction, I was looking for buys.
- 4hr - After the impulse out of the descending structure, a bull flag formed with a double bottom that I was looking for signals for an entry.
- 1hr - As price approached the double bottom within the flag, price formed another descending channel and I set my order on the break of the pattern.
Chf/jpy - Short Another set up was provided today. I took this trade on the retest of a 15m level after getting confirmation on the 1D, 4H and 1H.
Very simply, i waited for a key level to be broken on a clear trend and then went short once the retest of that key level started to show rejection.
If you can keep your strategy simple you can repeat it easily, and this is key to staying consistent.
My risk s 1% and i will be seeking 2x my risk, once the trade gets half way to my TP i will lock in stops at break even.
I hope this helps.
S&P500, Gartley Sell. I have a double Gartley set up here. We have just completed the smaller Gartley which at this stage ties in with the ABC leg of the bigger Gartley. If we look at time and price then the C-D leg should be the same amount of time as the A-B leg.
If it moves faster then we could see the 3400 area which is the 61.8% of the move up.
Weekend trading is flat at this stage, so see how we open tomorrow.
GOLD, SELL the 382 Gartley.Im looking for a further pullback in the Gold to the 1900 area where I will be selling.
Targeting 1800 first but likely getting a move to the 1750 area befroe buying. This whole move back is down is corrective so a low risk big profit potential.
EURGBP correction ForecastEURGBP is showing us a correction, and a continuation up. We must wait for a breakout of the trend to go long.
Sell GOLD. Gartley Pattern.Still looking for lower Gold prices. This pattern would give us a $10 risk with a possible $100 move. A move above 1930 would see me looking for a bullish count. Once again election and vaccine could see this thing get violent so need to be careful and look for low risk entries.
$BTC is within a triangle from the H4 timeframe perspectiveBitcoin's price is lateralizing within a H4 tringle, if the triangle is broken up, I'm targeting $12,000 as there is an important D1 dynamic resistant. If the triangle is broken down, I'm targeting $11,150 because it is the most relevant support.
NZDUSD. Gartley Sell area. A good set up in the NZDUSD. Gartley into a 61.8% FIB level. Only need to risk 30 pips. ABCD in between 2 extension levels of B-C.
Good Luck.
GBPUSD. More downside in the Pound coming. Sell area. Possibly more downside in the Pound. A good area to sell. I will be looking for a smaller TF to enter short. An ABCD setting up but if it accelerates Monday then it go through the target area where I will look at other options.
EURGBP Short, analysis based on concepts from ICTwww.youtube.com
This is a video from ICT, showing IPDA insights.
So on EURGBP, I actually saw a very similar circumstance playing out like the video above. Price took out the first high of the previous consolidation period, and it depreciates to a level where a key low was at.
The yellow line is a "Rejection Block"
The a few candlesticks' open and close has been touching that line.
And that's enough for me to put a sell limit order on Tuesday, when price hasn't reached that yellow line yet.
However, one thing that I realized is that for this week, price was actually following the a Bearish Weekly Smart Money View template, another concept from ICT. The daily high on Wednesday surpassed Tuesday's high, meaning that price now has a better chance of falling after taking out the stop loss placed at that previous high.
Welp, should've waited for Wednesday to take a trade then. :)
Hope I'm applying the knowledge correctly, and I'll see you guys later!
CARDANO is my largest bet right nowCardano is backed by one of the most solid projects and is now at a GOOD PRICE, on a important support level after having a considerable retracement.
Bitcoin is the most undervalued reserve of valueFrom the long-term perspective, Bitcoin is bullish. The strength of the upward movements and the recent breaking of the most important downward trendline on the monthly chart are signs that Bitcoin is likely to reach the historical maximum in the coming months. This is also supported by the fact that Bitcoin's market cap is very small in comparison with big stock market caps like Apple's or Amazon's, in the knowledge that Bitcoin is a better reserve of value than this companies and probably as good reserve of value as gold is
GBPJPY IMPULSIVE BUYS ANTICIPATIONYou don't have to sit on charts whole day. In and out within an hour. Done for the day.
GBCAD - KEY AREAS Here are a few key areas ill be watching for this pair
my bias is for buys this week lets see what happens
EURUSD - JUNE 28th - 3rdAs we scale into a lower time frame.... We are looking for EURUSD to reverse trends possibly heading to a long term buy
at the the key levels. (we have indicated)
Price action has not been the best these last two weeks
but we will see what our analysis brings. we remain flexible and when the
markets start by Monday LONDON session we will have a definite bias
#Propheticpips
We have a profitable strategy
visit www.Thomasmarketingsolution.com
or follow us on IG and see our results @prophetic_pips
USDJPY Breakout Bullish trend continuation expected following breakout of recent bearish trend , long trade opportunity presents itself due to bullish engulfing candle at 107.07 resistance and 50% Fibonacci support.
