USDSEK creates the last impulse wave according to FLAT correction (Elliot's wave).
You can see the old call on the chart! Don't miss our signals!
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Most likely we'll see a double top technical pattern here.
Note that RSI levels and the previous candle also indicate potential price reversal.
My play is Sell
Good afternoon traders, here's my analysis on USDCHF, here we can see a wedge pattern forming. We are waiting patiently to see if we can get a break of this structure and if price is to retest, proving good entry opportunities, we then could go down to the 4 hour to look for good r/r setups. From a COT perspective we can see the CHF at its strongest according to...
The pair is consolidating. The structure, at the moment, seems to be a channel.
Had a strong bearish PA on May 27 indicating the sellers are in control. The median line (dashed line) which acted as a support has been tested and broken as well.
Bearish divergence in terms of volume.
Selling @ market and targeting 131.680
*** Trade at your own risk***
This is one of the most perfect price action 💯🔥🔥
We can see here a clear end of down trend.
- The price broke the trend line and didnt make the next lower low, but start making lower high (clear on support rectangle affter trend)
- What is the most perfect formation for change of trend ?
Head and Shoulders!
We have a very nice inverse head and shoulders.
Now...
This analysis I have posted on this monday, for several BUY orders I had two targets R1 and R2, both are reached. I am out from long positions for EUR
Check the related post from monday
on WEEKLY: price is trading around a strong support/resistance zone in red so we will be looking for objective sell setups on lower timeframes.
Keeping in mind that price can still go up to test our brown trendline to get more liquidity to be able to push downward.
on M30: we are waiting for an objective below our lower orange trendline last swing standing to...
Morning
I have seen this pattern so many times it normally indicates price is at a reversal!
Small % something like 0.3% I will put on the table!
MA - are showing a small uptrend! so SL is bigger than my normal strategy!
That's why I chose .3% to take as a risk!
Happy Trading
Good day everyone!
On EUR/USD pair we see that the price has been rejected nicely from the downside since my last post at this particular level.
Now, the pair is heading towards the 1.10 major resistance level which was tested in the past several times and could not brake it.
Maybe with the depreciation of the US Dollar it will manage this time.
If it could get...
I'm not always Right , but i make sure that the times i'm Right are more Numerous than the times i'm Wrong ,that's for sure,.
I always Rely on scaling out of my trades , that allow me to take money out of the market as much as it is available and maximize profits !!
