Price is Ranging and we can we can expect a bounce from the Demand Zone. If Zone holdes We will time entry to go LONG on 1H chart after first Heikin closing green. Target 1: 0.76 Target 2 0.775 Target 3: Weekley trend line Set stop loss at 0.758.
AUDUSD is corrently trading in a nice downtrend, and as piphunters we then look for SHORTS. But currently price is trading an a close proximity to a string demand zone. So if you are already short you can stay long. But we can not enter short until we see a Norse setup BELOW demand zone. If price fails to bread demandzone, then we can start considering LONG if...
GBPAUD is a very bullish pair currently, piphunters will wait for price to bounce from trendline and timing entry on 4H or 1H chart depending on volatility. Daytraders could take this retracement as an opportunity to go short, but piphunters are conservative and we will trade in the direction of the trend :) If price break daily trend line we must look for...
Pihunters took profit on last postition on this one Thursday last week, we are now waiting to setup out of the void zone. So we will sit this one out to see where it takes us during the upcoming week
If you mised to buy the breakout or if you wish to add to you positions, buying the 4H trend bounce gives you a nice entry. Buy at current (or next 4H close) Heikin candle. Set SL to last low (1.4515) Target1: 1.4660 Target2: 1.4735 Target3: Move SL to BE and keep open with a potential target at 1.50 Rember: 1)Entry Rules 2)Money Management 3)Position...
Looks as if we just hit the turning point for the EU! There is a possibility that there are upside to the 1.1300-1.1320 area, but Iweve closed all longs and are now looking for Short entry signals, We are now looking to SHORT if current Heikin Ashi candle are a significant RED candle, since we then have a confirmed loser high.
Target 1 and Target 2 was taken on this trade. We got stopped out target 3 on +1pip :), over all an OK trade with a total of 150 pips taken from the market :)
Target 3 still running for Swing major :) Se related for full analysis
We've seen price breaking daily uptrend when hitting resistance. And been ranging since, we now see evidence of a reversal back south in the weekly trend channel
EURGBP have been ranging since Mars, we are currently trading the upper level close to resistance (EMA633 4H/Supply zone) This is a nice (School book) setup for a bounce back down. Since we also see a bearish flag there is a good possibility that the pattern will breakout south. Piphunters will enter SHORT on this trade after close of ONE significant red Heikin...
The weekly bearish pennant and the daily at upper trend channel are all very good indications that we will go down south. Also the Dealers Desks chart (4H) are at EMA633 acting as support, also an indicator of an upcoming direction change. And on 1H we can see bulls geting out of steam and the bears are loading in the coal. Pipunters will try find aggressive...
This trade has the potential for a nice move up following the nice weekly/daily uptrend. Piphunters will look to LONG at the retracement on the lower 1H trend line and try find entries on5/15 M charts. Setup is invalid if price breaks lower daily trend line. Then we have to look for shorts and a possible trend change!
We can look for intra day entry signal (5/15 min chart) to short USDJPY with target at 4H trend line (~123,25). We are currently at a strong weekly/monthly Supply zone so we might expect an even bigger retracement. Be as usual we need to see how price reacts to the Zone, if price breaks the zone, you can get a very nice move up north. But in the short term we...
At the looks of it, we just had a reversal on upper daily trend channel at the major monthly trend upper trend channle line. Se now we need to look for a new lower high on daily. Piphunters took an agressive smaller sized position (three of them as always) after 4H Heikin reversal and we are currently on 60 pips profit. See previous analyse for more details
Gold are currently trading in the middle of Weekly/Daily trend channel, with direction unclear. So we are not touching gold until we see a clear trend/direction. This SHOULD be around the area 1140 to look for l long bounce trades OR the 1250 area for short bounce trades. But as always we aware of the breakouts. Gold will be announced when it is touchable...
This is probably the pair we will be looking most closely the in the Asia sessin opening, If we get a bounce north and a confirmed trend change (norse style) we might be en for many pips (hopefully) See related idea for full analysis
There are many factors telling us that the daily trend is about the change to the down side for this one. We have to look for short entries as long as price goes down from the current Demand Zone. Piphunters are looking to SHORT if we break below 1H trend line and we have 1H entries signal. We do not encourage to look for enties on lower time frames unless you...
As of right now piphunters can not see a clear price direction, it all depends on how price reacts to current demand Zone. We have strong uptrend on all time frames, but we are trading in the top of the trend channel on 1H and 4H chart, So I will watch this pair for a better setup during the week to come.