Rich_From_Home

Rich_From_Home

A fakeout has formed, making it seem like the price broke above the pattern but then failed, leaving a significant shadow as a sign of rejection at the trendline. Additionally, there is a 0.786 Fibonacci area around that region. Typically, the target for a rising wedge pattern is a downward movement, which increases our optimism for short selling. SL: 0.55152...

Rich_From_Home Updated 

After a significant rise, it seems that now is the time for a correction, supported by the candle shape which is starting to shrink. A correction can be confirmed if the H4 candle shows a bearish candle and breaks the mother candle. Sell Stop: 1.47391 SL: 1.47671 (28 pips) TP: 1.46691 (+2.5)

Rich_From_Home

After a slight correction at the 1.618 Fibonacci level, it seems that the price will continue its upward movement. If the H4 candle closes above 0.60095, it confirms the formation of a swing low, with the prediction that the price will continue rising towards the nearest resistance. Buy Stop : 0.60134 SL: 0.60014 (12 pips) TP: 0.60374 (+2)

Rich_From_Home Updated 

On the H4 timeframe, the price is attempting to break the trendline, accompanied by a relatively long wick, indicating that the price tendency is still bearish. Observing the larger timeframe, the price still tends to be bearish. Until a new higher high is formed at the price of 1.27022, we assume that the price remains bearish. For this entry method, I am using...

Rich_From_Home

It appears that after the price touched the support, it immediately bounced and formed a base. It is now attempting to continue its rise after breaking the base and confirming a retest. This is supported by the latest H4 bullish candle, adding optimism for buying. The take profit is set at the 1.618 Fibonacci retracement level, also forming an AB=CD pattern. Stop...

Rich_From_Home

I see a Fibonacci cluster in the price range of 106.374-106.253 that we can use for a short entry opportunity. The price might stop its upward movement in this range or continue rising after forming a lower high first in the 104.927-104.869 range. If measured using Fibonacci, this price shows a retracement of 0.5 from the latest lower high formation or 0.385 if...

Rich_From_Home Updated 

The formation of a Doji candle on the H4 timeframe candle has provided us with an opportunity to consider an entry, especially when it formed at resistance level. In this scenario, there are two possible trading directions with Doji candle, buy or sell. However, the key rule to trading with doji candle is wait for the price to break through and close beyond the...

Rich_From_Home

The formation of a Rising Wedge pattern, with the price breaking lower trendline, followed by a bearish candle on the previous daily timeframe candle. SL : 158.396 (43 pips) TP : 157.106 (+2)

Rich_From_Home Updated 

In the daily timeframe, I have observed a shooting star candle with an exceptionally long tail and a very small body. This candle appears to be quite promising. If today's candle closing price falls below 1.0860, it can serve as confirmation. Furthermore, if today's price experiences a significant drop, creating a strong bearish candle, it is highly likely that...

Rich_From_Home Updated 

The formation of a head and shoulders pattern on a small timeframe, It is evident that this pattern is taking shape as a substantial price reversal after the price bounced at the key point of 0.56 For taking profit, it can be executed when the price touches the trend line. For confirmation, you can wait for a price break and perform a retest at the nearest...

Rich_From_Home

it can be seen that AUDJPY has broken the lower trendline and it can be seen that the price is doing a retest, on the D1 timeframe it appears to have formed a big broadening wedge pattern, I don't think now is the time for the price to break upwards, even if it does break upwards there will be a significant down first. also, there is a ufo area...

Rich_From_Home

The price is now at resistance, you can see there is a refusal to form a doji candle, a good sign to show rejection, actually, it's not the right way to enter right now it's better to wait for confirmation today's candle price will close where it is above the doji candle or below the doji candle but I want to early entry, if indeed today's candle closes above the...

Rich_From_Home

It can be seen that GBPAUD is in a sideways resistance level, seen in the candle pattern showing a rejection to form a long shadow candle, it can form a hanging man candle or a doji candle, indicating rejection Stop loss: 1.72068 (25pips) Take Profit 1: 1.77068 1R Take Profit 2: 1.79568 2R Take Profit 3: 1.82068 3R

Rich_From_Home Updated 

GBPAUD of the main trend is moving in the channel. and currently the price is in the upper trendline, there is a big chance the price will go down after several times rejecting the upper trendline and the formation of the Ascending Broadening Wedge adding to the possibility for it to go down. Maximum of 3 candles ahead the candle must have broken through the...

Rich_From_Home Updated 

AUDCAD is moving in its major descending channel, before continuing its decline there must be a secondary movement before the price can continue its decline, in this idea we take a long position at 0.9256 which coincides with the Fibonacci ratio of 1.886 and the ABCD pattern (AB=CD or 1=2) SL: 0.9207 (48 pips) TP: 0.9447 RR 1:4

Rich_From_Home

NZDCAD after a drastic decline through the base began to increase to form a secondary. the hope for a decline in NZDCAD is still very strong, in this trade we will sell on the grounds that NZDCAD retested its base for a deeper decline, U can wait for confirmation first to get sniper entries like false break, candlestick with shadow, etc. Sell Limit: 1.07288 SL:...

Rich_From_Home Updated 

Astrology: Tonight is the Full Moon Cycle, plus minus 1 day when a Full Moon Cycle occurs gold tends to reverse direction. but because yesterday gold was in consolidation causing aggressive gold movement, so gold came out of consolidation. And by the next day the effects of the Mercury Retrograde Cycle began to be felt, the effect of retrograde mercury from 3 days...

Rich_From_Home

EURUSD from the major trend is bullish, after several rejections at the resistance become suppoprt (1.2181), I'm sure the EU tends to remain bullish, coupled with the mercury retrograde effect which is 70% making dxy bearish, from the major trend DXY is bearish and several times reject support and try to break the support and back to area 89 As confirmation we...