pipsnprofits

pipsnprofits

Took a before screenshot of this trade but forgot to publish on here! Simple trend following on this trade, analysis taken from the H4 timeframe, entries taken on the H1.

pipsnprofits Updated 

Currently waiting on a sell limit to hit on this pair, we're in a range and at strong resistance. I'm aiming to sell it back down to previous structure levels, although it has potential to drop down to the 181.400 region where strong support is sitting. lets see!

pipsnprofits

Been patiently waiting on this pair, buying off strong support with some nice confluences supporting the buy order. Targeting previous structure to take the trade back down to levels around 31900.00, lets see how this trade plays out for the remainder of this week.

pipsnprofits

Didnt get in on the first sell entry as my entry criteria wasnt met, price has now come back into my area of interest (resistance) forming a double top on the H4 timeframe. This resistance level has shown strength again by another cluster of rejections at this area, I have a few scenarios sketched up on this pair incase this set up falls through.

pipsnprofits

Currently at H4 resistance, price has finished a bullish move reaching the -27% fib level. I'm now expecting price to retrace to the previous H4 higher high, where I've placed my targets. From here I can see price find support, to then resume the bullish uptrend.

pipsnprofits

Posted this set up a few days ago, the trade has finally reached our key level of resistance, we found a sell opportunity and executed according to plan. Great potential on this set up with numerous confluences backing our bias here. lets see how this plays out!

pipsnprofits

Currently at a level of resistance, price of overbought and needs some sort of retracement. Whether price decides to reject this current level of resistance is the question, if it decides to breaks this there is another resistance around 1.83560 that I am interested in.

pipsnprofits

Two scenarios marked up on this pair, trend continuation set up and a rejection set up. We're bullish across the timeframes but if we look on the weekly chart we're seeing a lot of exhausted candles forming which have tried and failed to break levels around 159.400 for the last 11 weeks. This is a early indication that a retracement is due, for now Ill let price...

pipsnprofits

Selling gold based on h4 analysis, rejecting h4/daily resistance. selling back down to h4 structure levels to then continue the newfound bullish trend based off the daily.

pipsnprofits

Buying the pullback as its rejecting strong H4/DAILY SUPPORT. Aiming for targets at the H4 lower low, will then make the transition and trade the downtrend once structure targets have been met.

pipsnprofits

Sells on this pair with analysis taken from the H4 timeframe. Confluences supporting my bias are written down on the chart. Will let this run to Take Profit or to Stop Loss - let the trade do the work.

pipsnprofits

Analysed and got confluences based off the daily timeframe, dropped down to the H4 timeframe for an entry. Higher the timeframe the stronger the confluences.

pipsnprofits

Confluences from the H4 and Daily timeframe providing us with our confidence for this trade.

pipsnprofits

Simple confluences as always, all supporting a move to the downside. H4 rejection candles would be nice for added confluence.

pipsnprofits

Some nice price action supported by some clean confluences

pipsnprofits

Entered a Sell position on this, price is respecting the H4 trendline making it the third tap. Price is also respecting the 78.6 fib and the H4 moving average which is acting as a form of resistance also, I would like to see price drop back and close within the H4 resistance its broken out of, for added conflunce.

pipsnprofits

Similar confluences to the last few trades posted, unfortunately the other trades didn't pull through. Hopeful this one changes things around.

pipsnprofits

Love this, the confluences are strong, and I'm already in GBPUSD which has a negative correlation to GBPAUD, meaning they are trading opposite ways. Right now I'm in GBPUSD sells so that itself is a confluence for GBPAUD buys