AllenCharlton

AllenCharlton

Strong Bullish Momentum, will only look for buy positions at this stage. There is a 20/50 EMA cross over which indicates to me that there is a trend reversal. Selling against NAS is very risky at this stage and therefore will only look for buys when it retraces to the Fib levels.

AllenCharlton

Gold turned at 0.5 retracement level. There was a lot of uncertainty if Gold will go further down to 1752 so that we can enter buys for the long term. The current upward momentum could be temporary however it seems strong. This is due to the weakening of the dollar {please follow the dollar index when trading Gold). I am waiting for a retracement lower towards...

AllenCharlton

Waiting for a break between these levels to enter a buy or sell. If it break above I'll buy at the retest of the box. If it breaks below, I will enter at retest as well.

AllenCharlton

A clear Inverted H&S on #GOLD Daily chart, price didn't complete the test of the zone at 1804 however there is resistance at 1800 which was well respect. I am looking for a position to go LONG when price retest H&S and I have indicated where my buy will be which is 1778. I will start entering from 1780 with small positions and gradually increase the lot size as...

AllenCharlton

Gold broke out of consolidation area and is currently in a sell. My personal Sell target is 1792; 1788. I've added Fib levels to the recent uptrend to identify the possible areas of reversals.

AllenCharlton

Gold is currently consolidating in a triangle on the M15 chart. We will see a breakout in the near term. We will enter a buy on the retest of the triangle when it breaks to the upside. Alternatively a short position if it breakout below the triangle.

AllenCharlton

Entering a Buy Limit order for US30: Entry: 34020 SL: 33470 TP: 35940 The market is testing support at 34000, added 20 pips to accommodate for spreads and broker rates. Will enter a buy in this zone as soon as I see reversal signals in order to reinstate LONG positions. The SL is below the zone. The entry also matches with Fib level of 61.8 which is a good area...

AllenCharlton

Buy US30 in range 35300 - 35250 with SL at 35100. Target TP: 35600 Analysis on why I entered can be seen on the chart. Send me a message/comment if you have further questions. Follow me and not miss any on my daily analysis.

AllenCharlton

I'm looking to sell EURUSD in region 1.18 - 1.179 and TP at 1.174. My SL levels are normally 30 pips.

AllenCharlton

Looking to re-enter GOLD buys when market retraces to support level 1805. With SL below the marked zone. 200 pip target.

AllenCharlton

Buy GBPJPY in range 148.500 - 148.900 SL: Below the zone and add 10 pips to SL TP: Resistance levels in Yellow Technical Analysis Reasons. 1. Entering my Assassination Zone drawn between the ranges given 2. Buying the Pound at its lows and sell high 3. Double Bottom Follow me and post a comment to know more.

AllenCharlton

Buy GBPUSD in range 1.361 - 1.358 SL: 1.356 TP levels: 1.364 1.37 1.38 Technical Analysis Reasons. 1. Entering my Assassination Zone drawn between the ranges given 2. Approaching my Fib Channel 100% level 3. Double Bottom Follow and Inbox me for further details.

AllenCharlton

Since the beginning of the week US30 was ranging between 35050 and 34920 where I've successfully bought and sold between these regions. Re-entering a sell at 35050 and will take profit along the way. Entry: 35050 SL: 35140 TP: 35010 - 34920 and will hold one position open with SL at entry.

AllenCharlton Updated 

Gold is currently in a downtrend, Waiting for the downward break of 1805 support level which will complete a bearish trend reversal pattern to go SHORT. the 1797 support is strong and expect it to hold. Entering slightly above support to ensure position is locked. Entry: 1978 SL: 1788.00 TP: 1833

AllenCharlton

Market is testing resistance @ 109.75 and rejected. Re-instating Sell position Enter: 109.75 SL: 109.980 TP: 109.400

AllenCharlton

Buy #AUDUSD RSI indicates that it's oversold on 15min time frame and Price broke above resistance 0.73974 and will enter at the retest. Breakout Retest Strategy implemented: Entry: 0.73974 SL: 0.73880 TP: 0.7840

AllenCharlton

Chart Overview: Time Frame: 1HR. Moving Averages: 25EMA, 50SMA, 180SMA at close. Support and Resistance lines drawn on 1HR time frames. Fin Channel drawn on daily chart and is used to give indication of possible retracement areas on trend. Overview D1 Demand zone was well respected where buyers entered the market and pushed the FX:EURUSD rate up....