Get started

Ｆｘ

Bullish on AUDCHFHello, everybody, I hope you have all had a great day today. I'm just getting home from my restaurant job and reviewing/managing some trades I'm currently in. AUDCHF is one of those trades. I've gotten better at catching myself when I'm about to place a trade for FOMO but sometimes I still fall victim. I entered the market at 0.68565 originally with a 395 pip Target and 40 Pip Stop Loss (SL). I'm currently in the red for this trade, but I just placed another buy stop order at 0.68465. But I'm not too worried...yet. There is always the possibility that the market will do something completely different from what I was able to analyze. As of now on the 4HR chart, we see that the market has broken through the Daily descending wedge resistance level (This is where I immediately placed my FOMO trade instead of waiting for the predictable pullback) and seems to have finished its correction period. The 15Min and the 1HR chart both show price action has bounced off the what is now the highly likely new support for this market. I placed my buy stop order on the 4HR chart at the tip of the last 2 large candlesticks. I would love any feedback on this analysis if anyone has any advice or guidance leave a comment for me!
Long
by JuanAlexander95
2
$USDARSFX_IDC:USDARS A ver a ver... Varias cosas por acá, muy interesante la situación que se está dando con el Dólar. Desde que rompió el triángulo simétrico se desplomó fuerte y cruzó el Kumo de Ichimoku como si nada. En estos días tocó el retroceso de 0,236 de Fibonacci y volvió a subir levemente. Con ya dos días de suba se acercó al Kumo, lo ingresó levemente y luego fue a tocar el Tenkan. A partir de ahí comenzó a retroceder hasta afuera del Kumo donde está oscilando. Lo que llama la atención es el MACD cambiando de concavidad en el día de hoy. Por el momento no es nada grave, pero si se acerca a la línea de señal puede implicar un momento de compra, lo cual implicaría una nueva suba para esta moneda con respecto al Peso Argentino.
by TradingToro
AUDUSD- Stalls close to the previous high. Look for a correctionFX:AUDUSD OANDA:AUDUSD FOREXCOM:AUDUSD SAXO:AUDUSD AUDUSD - Stalls close to the previous high. Look for a correction. Weekly – Completes a bearish 5-wave count (Elliott Wave). Expanding wedge offers a long to medium term bullish bias. Intraday – The three-hour chart looks to have completed a 5-wave count to the upside. Bespoke resistance is seen at 0.6997. We look for a correction lower to possibly for a bullish reverse Head and Shoulder pattern. Trade Idea Selling at 0.6995 Stop at 0.725 Target at 0.6900
Short
by Signal_Centre
Short Setup on USD/ZAR by ThinkingAntsOkMain items we see on the chart: a) Price has broken a Wedge formation b) After the break out, the price formed a pennant pattern c) Pennant patterns are considered continuation structures d) If the price breaks down the pennant pattern we will use Fibonacci retracement levels, to define our TP1 and TP2 Based on the previous items, if price breaks down below 14.18 we expect a continuation of the bearish movement towards first Fibo “1.272” and then to the second Fibo level “1.618” at 13.75500 Daily vision:
Short
by ThinkingAntsOk
1
Golden corner pocketEUR/USD is sitting right on top of the golden pocket giving a low risk long opportunity. Volume has been on the decline during this C Wave, and we have some nice bullish divergences. The parallel channel resistance and then the 0.5 Fibonacci are still going to be tough levels to get through, but technically the signs are there for a reversal, thus I have been building a long position over the last few weeks in this golden pocket. If there is one more Wave to come .786 offers strong support; below that and the long setup is invalidated, but the count at the moment is looking bullish hence my trade position.
Long
by PatekCharts1