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Priceaction-signal

AUDUSD- Broke 3 year high resistance point!OANDA:AUDUSD Good day my friends~ A brief introduction regarding my analysis... 1) Price Action is KING- I'm a sole believer in price action, you will see me incorporating price action theory into my analysis. 2) Simplicity is key - I love to keep my charts neat and tidy! The more indicators you have on your chart, the more complicated your chart is thus, affecting your bias of that market. Let me introduce you to my 3 great trading friends... THE 20, 50 & 100 MA!!! 3) The mind! - My analysis may not always be right, nobody is, it's just my opinion and point of view. There's no right or wrong in any market analysis, the only thing is belief. Believe in me and my analysis, let the result be the light to the dark cloud hovering your thoughts about trading. 4) Please feel free to comment and feedback to me about my analysis & on your views about the market. Through sharing, we grow together as a trader or even better as friends! -AUDUSD has been very bullish ever since the start of December 2017. -Price broke out of the 0.80242 3-year high resistance point and rallied higher. -Price is above all 3 indicators = strong uptrend & BULL momentum . -Forecast that it will be moving towards the next major resistance @ 0.81736 . -Looking at the H4 chart you will see some price rejection as represented by the arrow, the price may enter into consolidation, we shall see how it goes when the market opens. - GO LONG, my friends! To a good trading week ahead all! Regards, Kayden
Long
by TraderMindMastery
EVERY TIME-FRAME IS SCREAMING BUY! ...LET ME EXPLAIN...Last months close was a faultless pin-bar candle close which shows a lot of significance. A neat formation of higher highs and higher lows on the weekly. Zooming into the daily we see a nice rejection off of the 61.8 fib. The H4 time-frame presents us a break of a ctl which has actually created a HH if you look carefully. As of now on the H4 we are in a descending triangle formation. A simple entry would be to wait for a break of this chart pattern and enter a long position. + 1M, 1W, 1D ...Moving averages are all bullish.
Long
by TR_97
USDJPY - many bearish signalsOn the daily chart we can see how the price, after a sharply upward move, stops near an important resistance. After a nice white candle, we can see how the price action shapes a long legged doji, after that it shapes a reversal hammer (not so nice). Furthermore, these two reversal signals shape a tweezer top. Thus, we have different reversal signals that can give us short opportunities, so we could take advantage from that by selling US Dollar. Using Fibo we could put our TP at 23,6% of the previous swing and a SL above 111.36, for instance at dashed line. If the price continues its ascent, we can buy when price pierces the resistance line with TP at 123,6% Fibo or near next resistance line at 114,431 price level, whit a SL at 111,442 (the nearby resistance line at current price). I will happy to see comments and suggestions to improve my analisys. Thanks.
Short
by michele_laino
AUDJPY Price Action makes a Clear DirectionPrice respect a downgrade channel. In today candle we can see a pin bar which formed in resistance of channel, also horizontal resistance zone near 80.30 You can enter 50% level of this pin bar. SL will be above pin bar, our target will be next support zone which is 76.00-76.50 Happy Trading....!! Our Twitter: twitter.com Our Facebook Page: www.facebook.com Our Facebook Group: www.facebook.com Monthly 1000 pips forex signal. Monthly charge 55usd. Check our performance in myfxbook: goo.gl Email us: info@wmkteam.com
Short
by wmkteam