Ahmedmesbah
GBP/USD [1DC] 80% Short / 20% Long. Go short or wait for the BO.OANDA:GBPUSD
Hello again,
I intended to analyse this pair with Heikin Ashi to remove as much noise as possible and clarify the idea. Price has reached a very important level where it needs first to retest recent highs."As GBPUSD used to do" then bounce back to the downside and join the channel once again. Our goal is the first previous down-trend line that was broken before and the 20D MA.
Alternatively, if price broke out to the upside and CLOSED above the 2 trend-lines. Then we can go long with a good conscious.
However, Conservative traders can wait for 1 confirmation bearish or bullish candle to go either ways. Aggressive traders can make a "SELL LIMIT" order from 1.29613 and TP @ 1.25526.
Short Profit: 450 Pips
Long Profit : 150 Pips
Regards and follow me for more ideas ;]
AUD/SGD [1DC] BUY it right NOW!OANDA:AUDSGD
Buy the pair since the price has reached a a very critical point where it hangs on a historical support in addition to reaching the channel bottom.
This is almost 2 : 3 weeks long trade with a very low risk potential. Place your SL few pips right under the current bearish candle.
Total pips: 370 Pips.
Any breakout to the current supports will VOID the setup.
Do it on your own responsibility with a proper money management.
Follow me for more ideas!
EUR/USD [1DC] What Next?! Noise FREE Setup until December 2017.OANDA:EURUSD
Hi Guys,
This setup is my own expectation of EUR/USD price action up til December 2017.
Total Direct bearish action: 750 Pips
Total indirect bullish/bearish action: 3000 Pips
1st Impulsive bearish wave: From 1.09400 to 1.06600-SHORT
2nd Impulsive bullish wave: From 1.06600 to 1.09200-LONG
3rd Impulsive bearish wave: From 1.09200 to 1.05000-SHORT
4th Impulsive bullish wave: From 1.05000 to 1.08200-LONG
5th Impulsive bearish wave: From 1.08200 to 1.03300-SHORT
6th Impulsive bullish wave: From 1.03300 to 1.06600-LONG
7th Impulsive bearish wave: From 1.03300 to 1.01600-SHORT
This setup is based on price action during 2016 which has been ALMOST IDENTICAL in its behavior in comparison with 2017 so far!
The price is moving in a huge descending channel and now is forming a big flag that will bounce off the down trend line and break the flag bottom line to 1.05000.to go back and retest recent highs around 1.082. Read the chart with some focus to follow up with the rest.
Remember that this setup can change anytime due to any intense fundamentals that might VOID the whole analysis.
Regards,
USD/JPY [1DC] Cypher Pattern Completion. Long it!FX:USDJPY Seem to be quite oversold!
*Cypher Pattern has completed on the current daily chart.
*Fib Channel shows that UJ price like to reverse around the 0.382 line.
*Current TP is set as well to Fib. Ret. 0.382 as well.
*Full target is about 250 Pips in an estimated duration of 1 week.
**Trade on your own responsibility. Regards,