GBPNZD shortEverything is on chart. It looks very promising but we must understand that we are in weekly corrective move anyway so it is counter trend setup. Otherwise everything is on chart, simple as that!
FX Protector
Protectorfx
AUD/CHF SHORTAUD/CHF has formed nice 2nd 123 setup on strong structure!
Reasons for short are on chart, While writing this idea price already droped quiet a while...So you might have late entry... For engulfing pinbar you should check it by yourself because on this idea chart is not visible so much!
Stop loss is set to 1.5 ATR.
1st take profit is set to retest
2nd one to FE 127.2 and structure
3rd one to FE 161.8 and structure
Wish you best of luck!
FX Protector
GOLD near 1000$ zone! Major trend change?Gold is slowly reaching strong support line and i am expecting for little bit bigger correction to the upside! If zone 1000$ will be ignored next probably even stronger support is around 700$ (about that next time):
Why this is strong PRZ (potential reversal zone)?
- Strong structure
- 1000$ round psychological number
- Fibonacci retracement 78.6
- Fibonacci extension 127.2
- Fibonacci inversion 141.4 - 161.8
- Bullsih divergence ( we might get triple divergence)
When price hit a chart enter with any entry technique you want:
I personally prefer double bottom with strong rejection candles. Or lower timeframe entry (if we won't get nice higher timeframe setup). You might enter with harmonic pattern or 2618 setup (from Akil & Jason)
BITCOIN TREND CHANGEVery simple analysis :
1. Price hit weekly support
2. Price broke daily trendline
3. Price formed nice 123 and break it above
When to buy it? Now!
EURUSD D1 SHORT1. Major trend is bearish
2. We got break of triangle with nice forming 123 or ABC pattern (LL->LH->LL...)
3. 3rd touch of resistance trend line gives even more confidence.
4. Price is currently sitting on structure from previus swing low (support became resistance)
5. We also have fibonacci retracment 50%
Enter on D1 waiting for pin bar, engulfing or any candle which you trust... you can simply wait for heiken ashi D1 close below 23 trendline (break of 123)....For more conservative entry with even smaller stop loss enter on H4/H1 after 23 break.
