GBPCHF - First time looking at this pairSimple break, retest and continuation?
Clean Charts is a must. Trade what you see and not what you think! Either way, the risk management is there
Astrofx
USDCAD - Daily. Area of interestReasons to look at potentially going short;
- Third touch of descending trendline
- 61.8 fib retracement
- Back testing Short term support now possible resistance
- Heading towards dynamic resistance (200MA)
Things to consider before;
- A lot of buying pressure over the last few days (2 of 3 Strong Bullish Candle closures)
- DXY looking bullish, Could see some more dollar strength before anything
- Scale down to lower timeframes and look for a break of the ascending trendline before taking shorts
Longterm if we get the signal to go short and it all plays out then 124.200 could be a good target.
AUDUSDNice rejection from 79.500. If we maintain below this then the highlighted areas will be ones to look out for
EURUSD Short1) Hammer recently printed-
2) Recent candlesticks portraying bulls failing to maintain bullish momentum.
3) D1 Fib levels indicating pullback to reach 0.618 level at a price of 1.20901
4) 3rd trend line bounce on upward trend line
SHORT Potential Short setup on EUR/USD ?This is a counter-trend potential setup on EURUSD. As can be seen, we have 5 weeks of extremely bullish in a row. Target 1 at -0.27 Fib is reached. Price now is 300 PIPS aways from daily 8 EMA. I personally would looking for a short setup if we have more confirmation on 4hr time frame (could be evening star). This is just a short-term setup with a risk/reward ratio around 2 ( 70 PIPS for 157 PIPS).Target is around 1.2100 where 8 EMA hanging now. Me personally, I will wait 45 mins until 4hr candle close for more confirmation! If you are not risk-taker for counter-trend trade, please do not take this one !
EUR/NZD intraday shortR:R 1:6.6
Expecting Daily to make a new LL
2hr timeframe price making LL and LH
3rd trend line bounce in confluence with 61.8% fibonacci level
Bitcoin 18k to 20k run start?Daily resistance broken, MAS crossed over, nicely following trend line. Lets hit 20k!
BTCUSD updateBitcoin broke the consolidation zone, came back and now retesting it. Will the consolidation zone become the new support or the price will fall back and retest from the trend line? Over all target is 20k!
BTCUSD Pullback?Head and shoulders? Possible retest to trendline or monthly support? Over all target is 20k!
