Hi guys, just wanted to share with you this simple structure analysis on EURAUD. As you can see on the left hand side of your screen, this pair finally broke the 1,41 strong support that has been created previously. In this case we know it is a short signal, but we should wait for a retracement instead of chasing the price. So, i wait patiently and now price is up...
Hi guys, just wanted to share with you this simple structure analysis on EURAUD. As you can see on the left hand side of your screen, this pair finally broke the 1,41 strong support that has been created previously. In this case we know it is a short signal, but we should wait for a retracement instead of chasing the price. So, i wait patiently and now price is up...
Hi guys, nice opportunity here on EURUSD. Price is pressing against a daily & 4hr structure level that seems to hold. We can say that simply by looking at the chart itself, price action creates a first low (at a psychological level) and then when it comes to retest it, it fails to create a new low and insted sets an equal low. This is the first sign that price...
Hi guys, nice opportunity here on EURUSD. Price is pressing against a daily & 4hr structure level that seems to hold. We can say that simply by looking at the chart itself, price action creates a first low (at a psychological level) and then when it comes to retest it, it fails to create a new low and insted sets an equal low. This is the first sign that price...
Hi guys, i want to share with you a nice setup that i'm gonna pay attention to over the next days. As you may know, 2618 is a strategy that consists on selling/buying the 618 retracement of the leg that breaks the double top/bottom's neckline. In this case, we can also see that it happens to be right on the previous support (that should act as resistance once is...
Hi guys, i want to share with you a nice setup that i'm gonna pay attention to over the next days. As you may know, 2618 is a strategy that consists on selling/buying the 618 retracement of the leg that breaks the double top/bottom's neckline. In this case, we can also see that it happens to be right on the previous support (that should act as resistance once is...
Hi guys, i'm already involved in a CAD trade so i'm not taking this one. Nonetheless i want to share it with you so that anybody could take advantage of this opportunity and maybe get something out of it. Here you can see price is giving us different hints of its reversal. First, it's right in the previous resistance zone (where sellers are ready to join the...
PAIR: GBP/JPY TTF: 1HR TRADE: 2-618% NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
Gold is about to finish an ABCD Pattern and reaching the Downtrend trendline right on the 1618 fibs ext with a confluence of the 61.8. We can see a retest of the low before a big move up.
Hey guys, long story short, i'm going to buy the euro if the actual candle will close engulfing. Price is up against a former daily structure level and the Rsi is showing us an oversold condition, right at the 618 fibonacci level. Stops below the lows, target1 at roughly 1,25:1 RR, target2 at the retest of the highs. I'll keep you updated. If you have any...
Fib levels are showing retracements of 0.618 and 0.5. 6 hours before (including the present candlestick that hasn't properly been formed yet.), there is a hanging man candlestick that forms and acts as support on the 0.5 retracement line and the candlestick before that acts as support for the 0.618 retracement line. I would safely assume you should either buy on...
Hey guys, today i want to share a setup which is available at market right now. In this situation price si coming back to retest a daily structure zone (blue rectangle) after a double top formation that's been broken to the downside, as a confirmation signal of the direction it's headed. You can short the market now according to the 2618 technique, with stops...
AUDCAD BUY/SELL SCENARIO / PLAN
The market has broken out the upward channel and it means the up-trend maybe change. The market is pulling back the 0.618RET which is also the neckline of previous structure. So it is good to sell short at 1210-1212 levels when the price action gives signals in the PRZ. SL:above 1220 TP1:1192 TP2:1167 and further more
Yesterday we broke out of the wedge in EURUSD pair. We just had a retest, and a .618 retracement. Looks good for a short. Targets and stops on the graph. I want you to look at the graph, instead of just seeing my stops and targets in numbers, becouse you can may spot something that I didn't. Happy trading!
We have tested and not been able to break this Key Level at 0.75324 for almost a week, Now we have broken below my target is the 0.73307 level with lines up with the 618 retracement of the recent impulse leg up
Hey guys, after banking some pips over the night on the AUDCAD trade (see attachment) i want to share with you a 2618 trade that's forming on EURUSD. For those of you who aren't familiar with this formation it basically consists on selling/buying the .618 retracement of the leg that breaks the double top/bottom's neckline. You can see the visual illustration...