4hr
AUDCHF Bullish Pennant Pattern.A very very nice bullish pennant pattern has formed and it is fitting very much tot the textbook style as well so we should see a massive uprise in the market hopefully.
AUDUSD AnalysisI see confluence on the 4 hr. Stoch seems oversold. level could possible hold. will wait for confirmation. remaining unbias.
gbpusd broken flag pattern.Price has broken out of the flag pattern which was intended to go short but predictions saying that the market will retrace at the mini support level and shoot up.
Price has shown a lot of support from previous bars shown and it should rally up even more now. Looking to catch between 100 - 150 pips hopefully.
FALLING WEDGE ( A T )Dear Traders & Followers,
There is a possibility to go Long from the current price
to the level of or 1.1660,1.1750.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
RISING WEDGE ( A T )Dear Traders & Followers,
There is a possibility to go short from the current price
to the level of or 1.1505.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
BEARISH FLAG ( A T )Dear Traders & Followers,
There is a possibility to go short from the current price
to the level of 1.2805,1.2600,1.2200.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
BEARISH FLAG ( A T )Dear Traders & Followers,
There is a possibility to go short from the current price
to the level of 0.7575
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
RISING WEDGE & TREND ANALYSIS ( A T )Dear Traders & Followers,
There is a possibility to go long from the current price
to the level of 115.50 or U can take long term entry from current price to 118.00
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
NZDUSD - Bearish FlagOANDA:NZDUSD is forming a good bearish flag. Overall trend for pair is bearish. Can we break below?
Happy Trading
FALLING WEDGE ( A T )Dear Traders & Followers,
There is a possibility to go long from the current price
to the level of 95.60.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
CHF/JPY 4hr triangle flag hybrid pattern occurred.I see this isosceles triangle pattern form which than caught my eye cause before that, the market was rallying very high and formed a flag pattern as well. So I used a XABCD pattern and it fit very perfectly.
Hopefully price should retrace back a little and continue to strengthen up.
RISING WEDGE ( A T )Dear Traders & Followers,
There is a possibility to go short from the current price
to the level of or 94.20,94.00
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
BTC pushing up against resistance. Waiting for confirmations.In the 4 Hourly graph we can see price action meeting resistance around the $5800 mark. This is shown by the blue box market ‘ resistance area ’. There has been strong buying action at $5400 market as ‘ Potential support No.1 ’. If enough buyers accumulate then it should push the price past $5800. In this regard if the price pushes strongly past $5800 then the up trend should continue.
The general direction of the trend is marked by the three moving averages. The stochastic is falling but the price remains high, indicating continued buying pressure. If the price falls past the first support then the second area ‘ Potential support No.2 ’. Should come into play, with the moving averages coinciding with the recent highs as support.
At the moment it almost reads like a 50 / 50 chance of a breakthrough versus and fall through.
Overall though the trend is bullish with some short or medium term selling pressure. Therefore I’m waiting for a better time to enter, where my risk to reward ratio is much better. If the price suddenly spikes above $5950 before retracement then I may enter.
XAUUSD bullish gartley on 4hr chart.Good luck.
Click the link below to know more ideas for gold trading.
USDJPY bearish cypher on 4hr chart.Two cypher patterns with one PRZ.
Check the related idea below to learn more detials.
eur/jpy short oportunity this pair had a good buy opportunity in the weekly chart, but seems like its struggling to pass resistance, we are looking for short opportunities using 4 hr chart and daily.
im expecting a really long downtrend movement so recommend holding positions for the next few days and lock positions once we get to a level you are comfortable with
CHF/EUR flag reversal patternSpotted a flag reversal pattern that has occurred. Price should hopefully drop below the structure of the pattern.
CHF/JPY support structure may lead to long term.The CHF/JPY market looks very bullish due to the fact that it is using the previous resistance as support, as you can see from the massive spike the CHF/JPY pair made, it reached to 117 area from being at 112 previously and it broke through the resistance placed before which indicated that it was a big spike to the market.
Right after that, market went back to 115 area and broke through newly made support line which made it go back to the 112 area. However, it did touch the resistance and broke through it again with ease which indicates that the market is looking to rally up at the 115 area so that was a key indication.
Price than retested the support line 3 times which is a clear visualisation that I should place an buy stop once the candle stick is formed above the support line. I am hoping the market will touch the new 117 area.
