4hr
UsdChf challenging 4hr trendline from belowUsdChf is currently trying to break back above the 4hr trenline
The pair will have to hold above 0.9725 to confirm a break back up
A break back up, in my opinion, will make the breakout this morning a fake breakout
The plan is to buy a breakout conformation, and a apply a tight SL below trendline
The target will be up to you - how far can Chf recover - I will hold on to my long till 0.98
USD/JPY 4h trend continuationHello Traders, the market is current on a bulilsh trend for quit some time.
Here we can se that the market always retrace to a 61.8% (not on the dime, but around the zone) then it shoots up higher than a 1.27% ext.
Too bad I didnt perform this forex analysis last week, we can see that once more it hit 61.8% retracement and went up for approx. 41 pips and close the session with 20pips.
You can see on this chart where is my predictions.
*FYI there is a possible Bat Formation at 106.40, review my previous chart for that analysis ( USD/JPY 1D Bat Pattern ).
AUDUSD Gartley's comingHi traders, today i want to show you an opportunity i will be looking to over the next hours. This is a Gartley advanced pattern formation that completes near to a daily structure level.
My levels are:
Entry: 0,7547s
Stop Loss: 0,7477s
Target1: 0,382 of AD
Target2: 0,618 of AD
Enjoy, and if you question don't hesitate to ask!
Good luck in the markets.
Deep Gartley formation in Trend ContinuationHey traders,
today i show you something i've found this morning during my analysis.
There is a deep gartley formation completing at 1,0686s right at previous structure with the trend in our favor. I always like this kind of setup cause you could shoot for extended targets.
I will be more careful than usual with this pattern cause tonight important aud news are coming and i want to trade safe.
My levels are:
Entry: 1,6886s
Stop loss: 1,0711s
Target1: 0,382 of AD leg
Target2: 0,618 of AD leg
Hope this helps.
Good luck! And don't hesitate to ask if you need.
GBP/JPY 4hr - bullish trend.I have observe a bullish trend, the second one doesnt clasify since the highest high close lower than the previous highest close but the third one does close beyond.
IPDE, expecting to reach the 128.30ish zone then to retrace around 126.75-127.30 for it to shoot up for a new highest high.
Engulfing at previous supportHi traders,
here we have a chance to get involved short on AUDUSD. We are sitting at a previous resistance level and we expect the market to react someway.
The short signal comes from the engulfing candle on the 4hr chart.
We also have RSI gone overbought recently and a cypher pattern completing right there.
So those are my levels:
Entry: 0,7677s
Stop Loss: 0,7719s
Target1: 0,7635s
Target2: to be evaluated
Hope you enjoy!
See you!
XAUUSD 4hr Double BottomGold on the Daily chart has been in a nice uptrend for most of the year. We are seeing a pullback right now and I'm looking for a good spot to jump on the Long side in this market. This 1250 area is where I think is a great spot to look at getting long. Good psychological number plus we have some structure looking left. We are back to the breakout area from the Brexit decision.
Right now I'm seeing a Double Bottom on the Lower Time Frames (60 and 240min charts) at area that I like. Also note that the RSI is showing MAJOR divergence.
Stops - Can either go right below the Double Bottom or back below structure looking left.
Targets - Target #1 will be a retest of the highs. Target 2's will be a trail stop.
Best of Luck!
AUDUSD : SHORT : #CONFIRMED #PIPSSSSSSAnnnnnnd we're back with some more amazingness. Guys look at your 4hr audusd chart. We have a gartley forming, stops should be just below the .76950 level. Set your tp accordingly because I've called a daily short on this pair 1 month ago and it's still respecting resistance. I love you. Ca$h