ansfar

ansfar Updated 

Bullish Divergence. Followed by series of HH and HL. Enter @ the break of the last HH. No Divergence against on RSI indicator. Therefore, one can expect a move up.

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Series of HHs and HLs Price action bouncing after retesting Previous Resistance Zone No Divergence Therefore, we can ride the short-term trend till it is blocked by Bearish Divergence. Instant Entry SL below the Previous Resistance Zone TP between 50-61% Fibo. Extension

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Bearish Divergence near weekly resistance line. Bearish trending structure. Trendline breakout by a long bearish breakout candle. No Divergence against. Entry: Retest of the trendline OR break of the most recent LL TP: 38.2% Fibo. Retracement of the last bullish leg (Daily) SL : Above weekly resistance line

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Bullish Divergence. Entry at the break of the last LH. Protection below support zone. RR Ratio 1:1

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Hidden Divergence. Therefore, one can expect a move UP.

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Since there is Hidden Divergence, Therefore, one can expect a move down.

ansfar Updated 

Potential Hidden Divergence. Therefore, one can expect a move UP. Look for entry near strong support zone.

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Since a new HH is created indicating convergence. Therefore, one can expect a pullback and further continuation to the UPSIDE.

ansfar Updated 

Entry at the break of the Last LL. One can expect a move Down.

ansfar Updated 

Hidden Divergence: One can expect a move DOWN. At TP1 move SL to Entry.

ansfar Updated 

Hidden Divergence. Therefore, one can expect a move UP.

ansfar Updated 

Hidden Divergence. There one can expect a move UP. Move SL to Entry once TP1 is hit.

ansfar Updated 

Hidden Divergence Therefore, one can expect a move UP.

ansfar Updated 

Hidden Divergence Therefore, one can expect a move UP.

ansfar Updated 

Hidden Divergence on RSI. So, one can expect a move UP.

ansfar

That’s an update on Short Term Bearish Idea _ AUDCHF Daily shared on 29-09-2022 with subsequent follow-ups on 12-10-2022, 24-10-2022 and 21-12-2022. The price action moved as anticipated and delivered a move of 250 pips. Time taken by the trade is almost 7 weeks, so it's a test of nerves. But eventually Target Achieved.

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24-10-2022 _ Update Short Term Bearish Idea _ AUDCHF Daily That’s an update on Short Term Bearish Idea _ AUDCHF Daily shared on 29-09-2022 and 12-10-2022. 1- The price action retraced up to the support Zone as highlighted in Yellow. 2- It delivered a move of 150 Pips. 3-. Considering the current price Action one can expect a Double Bottom.

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That’s an update on Short Term Bearish Idea _ AUDCHF Daily shared on 29-09-2022 1- The price action almost retraced to the Grey Support Zone as expected and then continued further lower towards 100% Fibo. Extension of the 2nd Wave. 2- In the due course of time it has also completed the Harmonic Pattern of AB=CD. 3- Since AB=CD pattern is almost complete;...