Hello guys,a nice opportunity here! EURCHF is building nicely on the DAILY timeframe holding nicely the bullish impulse. Having in mind that CHF index is at the tops a potential weakness of CHF can give a very nice R:R here. Lets see!!
Hello guys, a nice opportunity for AUDCHF LONG. Last week we had a nice bullish run in AUDs, based on that nice bullish impulse a nice deep correction was forming from mid week last week till the beginning of this week. At lower timeframes (15 min) a descenting channel formed with MACD also showing divergence. Higher timeframes (4HR) MACD showing continuation to...
A nice long potential here. After the bullish impulse from the low areas, now the market is forming an expanding flag formation. Our job is to wait for the market to test the bottom of the expanding flag as shown, and if its holding wait for the bullish price action to jump in the market. First target the top as shown in the chart, if this is breaking extend your target.
A nice short opportunity here. After the BEARISH impulse was created, a nice flag was formed. Now wait for a strong bearish impulse for continuation. I am looking for an entry within the price range shown (OF COURSE BASED ON THE PRICE ACTION) according to a previous engulfing candlestick on a higher timeframe but also on the 78% Fib retracement level. First target...
A nice SHORT opportunity here. Lets see this ascending channel forming and wait for the bearish impulse in order to get in the market.