After having moved off the initial Accumulation TR (trading range), we are now making a bigger picture pullback and setting up an accumulation to continue the large move to the upside. I will set SL for 20pips and risk 2% but it's up to you. The ideal target I am going for is 1:30 RR . I will try to post any changes when I see fit. Trade Objectively/Safe!
two weeks ago we saw USDCHF break a long term bullish trendline, it has been choppy going upwards so it's only a matter of time before those big short players come in the field
Gold has broken a flag for continuation to the upside. I would be looking for it to come lower to retest the demand zone and with new orders filled, see gold rocket to the upside
Expecting GU to move down to complete it's retracement leg based off of Daily timeframe. Awaiting for the big Bullish breakout Personally I will go with the flow in lower timeframes.
EU broke a huge consolidation area and that can be seen with the broken counter channel. Price is now retesting that breakout and could possibly fall further to make new LLs and LHs at 1.12000. with that being said, be careful of the potential double bottom for a new rally to the upside. Follow risk/money management, there is plenty of time to become millionaire.
GJ is showing a change of momentum despite the big fall on Friday. I read a elliot wave impulse cycle where it should form wave 5 followed by ABC correction to start a new trend. Currently forming Higher Highs and Higher Lows, respecting fib levels. I estimate a 400 if not more pips in the next week or two. Please not: Price may consolidate a little from...
Price has returned to the big picture trendline resistance. it seems to have respected it and one candle broke out of the smaller timeframe Range. it is retesting that break now, and it will continue to fall.
Going long, two targets. Expect waiting time of 2-6 days
Continuation after breaking above kumo cloud After hitting target 2, we will form double top at a higher time-frame. suggesting a potential breakout to the downside Look at chart for more details Like Comment Follow
Price has broken a ranging zone after 10months. Currently forming a H&S at 4H view. wait for a bounce from it or bounce from trendline. Very Long term - bullish Target: 163.200 Pips expected: over 1500 Look at chart for graphical instructions
EUR/USD is currently forming a descending triangle at 4H. Dview suggest bullish. When it completes the forth wave, ride the fifth wave to the upside if/when price breaks kumo cloud, in that case: - Go long with first target being 1.21720 and if continues upwards and break that level; - Second target will be 1.25600 - If price refuses to break 1.21720, proceed...