blessedasalei

blessedasalei

We are waiting fora "W" to form. Looking to enter on second touch of support zone. Entering long with target profit level of 0.65210 & 0.65310. Using Alligator indicator waiting for green line to cross up. Will use in conjunction with RSI and Stoch oscillators to determine oversold conditions with entry. ZONES NOT EXACT PRICE POINTS Entry: (where green line...

blessedasalei

Price at resistance levels on multiple time frames. Entered on 15min tf with take profit of 106.600 levels -- which was previous support. Oscillators showing overbought conditions. Individual candlestick development shows indecision in the markets. Monitoring for bears to step in and push back down to previous support.

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At key support area, looking to buy. Entry: 0.599 TP: 0.619 +20 pips SL: 0.579 -20 pips

blessedasalei

Looking to sell this pair. Price is at a channel top and key resistance area. Price is high for this pair's normal price behavior as well. Will be looking for sell opportunities.

blessedasalei

Going long. Pair is at key support level. Also a double top spotted indicating possible upward movement after downward reversal. ENTRY: 107.340 TP: 108.475 SL: 106.900

blessedasalei

Buying 1 lot on this pair. It's a key support level, after seeing major downward movement from the bears, watching the 5-15 min tfs we can see bulls starting to push in. Entry: 0.71341 TP: 0.71690 SL: 0.7000

blessedasalei

Looking for continuation of bearish trend identified on daily chart. Observed double top on daily after short uptrend movement, expecting a reversal back to the downside. Currently looking for sell signals -- ex: overbought, bear divergence bearish pin bars, waiting for price to make its way back down towards support level of 0.8370. Potential trade setup: Entry:...

blessedasalei

Watching for possible 5th Elliot wave to form.

blessedasalei

Prominent downtrend observed. HEAD AND SHOULDERS ON 1D. NECKLINE BROKEN. CURRENTLY RETESTING RESISTANCE. WILL ENTER SELL AFTER CONFIRMATION CLOSE BEARISH CANDLE UNDER NECKLINE AFTER RETEST IS COMPLETE.

blessedasalei

So I've been watching the head and shoulders on the daily for the past few days, waiting to see what would happen at the neckline level. The neckline was broken, I am placing a buy order for the retest of the neckline, then a sell for the post drop after the retest. Targets will be set at a later time when better analysis can be done on 30m TF and 1HR TF.

blessedasalei

Currently price is in an ascending channel, touching a lower trendline --entering a buy order with a target of the fib level 23.6%. Stop will be set at previous swing low.

blessedasalei

H&S on D1 and H4, LOWER HIGHS/LOWER LOWS PROGRESSING, NECKLINE BROKEN WITH PRICE RETESTING IT AT 0.68500 LEVEL. WAITING FOR A CANDLE CLOSE CONFIRMATION OR REVERSAL PINBAR AT OR BELOW 0.68487 TO ENTER A SHORT POSITION. TARGET 1: 0.68085 TARGET 2: 0.67747 . I WILL BE SCALING IN MULTIPLE SHORT POSITIONS TO ACHIEVE MULTIPLE TARGETS.

blessedasalei

H & S on 4HR TF, divergence on a double top showing bearish reversal.

blessedasalei

Double top on 1D TF with divergence on RSI we can expect to see price move upwards in the coming days.

blessedasalei

Price testing key resistance with DXY showing a double top bullish reversal pattern we can expect a sell off for XAU as the dollar goes up.

blessedasalei

Looking at an extremely short term short opportunity. We can expect price to retest the previous support level before continuing an upward move. Could open a selling position to take advantage before buy opp opens up.

blessedasalei

Rejection at key resistance level. Looking to the left we see previous rejection at this same level so we can expect price to move upwards less any major news over the weekend.

blessedasalei

5th elliot wave potentially forming.