My momentum, momo stoch and stochastic etc. indicators/oscillators shows a very strong sign of overbought in the pair and a start for a downward trend. Highly overbought If it does broke the support it is a good entry watch for days range it could affect your s/l, t/l & t/p. Breaking it's chart atr the pair is highly volatile and overbought and AUD cs is highly...
GbpAud - Weekly chart - I see a break of structure on weekly trend and anticipating another swing down for this pair..
hi their so the outlook for me is simple: I see this market correcting down a bit then making a move upwards : unsure when we will make the move upwards could be from either tp 1, 2 or 3 but I will be buying at each of these levels on the 15 min if price action shows higher highs. Happy trading everyone Kris
Hi everyone hope everyone is getting excited for Christmas this market this is what I see could happen a correction going up as its hit one tp of 2 then drop down to the second orange line where it intersects with a couple pitchfork lines I have drawn or in stead of going up for its correction we will make a lower close and head to the second tp as...
Waiting for a break of countertrendline before entering Target @ 1.66
With a break of 1.68 Support Suggests that there still might be some more downside Momentum Bearish Target 1.66 Completion of Bullish Cypher Previous Post invalidated However, with a Monthly Closure of an extremely Bullish candle We can possibly anticipate a strong Bullish push Near the End of the Month Bullish target remains 1.7225
We saw a break of our countertrendline to the downside Anticipating this will be a slight pull back for a continuation of the bullish momentum Will be monitoring Price Action at the 1.685 Monthly Candle closed extremely bullish and we could possibly see a break out of Monthly consolidation This new month Next upside target @ 1.725
We saw a nice little pullback on previous post then a huge reversal of 1.68 level Higher TF Pennant pattern Could see a retest of the top Trendline Waiting to see if we get a retest of 1.7 key level OR It just keeps on pushing Short term target: We could possible see a wick of 1.7225 by the end of the week Long term target @ 1.75 To complete a bearish Cypher
This pair had been approaching and landing around monthly support 1.62xx area for some time now. I am looking Bulllish for this pair. 1st Target : 1.6380 2nd Target : 1.6505 Final Target : 1.6700 Trade Smart & Safe :)
Bullish Gartley on the Daily TF Bullish Engulfing Reversal Pattern Moving averages crossed on Daily TF As long as we get a break above close above candle of the 1.65 level we should see a shift in momentum for the next coming days Target @ 1.675 Level Lower TF confluence: Looking for a retest of the neckline for the IHS for more entries
There is a bullish bat pattern completing very close to market, presenting us with a trading opportunity. Trade details: Entry: 1.71340 Stop: 1.70540 Target 1: 1.73250 Target 2: 1.74450 Luke
Currently long on gbp/aud. risk to rward is very good on this trade 1:4. lets see how it plays out.
Hi Traders, We have a lovely Head & Shoulders (H&S) reversal pattern here on GBPAUD. If you are looking for a short entry, see the chart above for a potential setup. The head and shoulders reversal is now complete with the break and close below neckline support. A pullback into that previous support level will give bears a solid opportunity to add to positions or...
GBPAUD seems to have made a Double Bottom Reversal. Higher prices are expected.
Confluences: 1/ trend 2/ 50 ema bounce 3/ doji 4/ deceleration 5/ fib play 61.8% 6/ Bullish MACD 7/ 2.145 as support Took this trade last thursday ( Sept 17 ) but again because of this pullback today, 400 pips are still on the table, 170 pips are currently in profit. I see this pair go to 2.20