Buy-signal
EUR AUD SellEUR AUD Sell
all updates on when stop loss will be moved to entry will be sent privately.
It is recommended to move your stop loss to entry upon +30 pips being hit.
Daily time frame-
Price has continued to move impulsively higher, going through all fib levels, resistance and previous daily high. This invalidating the daily bearish structure. We waited for pull back to decide on whether this would be a long or short position. The short position has been decided as we are around a very strong resistance zone (10 year high).
EUR/USD Daily: Buy Opportunity FormingHi guys, the EUR/USD pair is completing a correction to the 61.8% Fib level on the daily chart, suggesting that the recently formed uptrend may continue.
The price has also formed a bullish wedge pattern with an indecisive candlestick during yesterday's trade and a bullish candle in today's trade.
My buy trigger is an upside break of the wedge pattern, with an intermediary profit target near the recent highs (around 1.14).
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sntbtci believe that buying SNTBTC in marked area is a wonderful investment for long term
technically, it's a triangle pattern and now completing the "b" wave, so the next wave is bullish and it can take some time, until oct.
i'll update it soon...
dash/usdt on the exciting mood............Dash/usdt on 4h is developing a ascending chart pattern (seen black lines)along with great support to 100 ema .if it breaks out through the 0 level Fibonacci level it will shoot up to 27% gain and if fail to do so it will drop to a level of exactly 0.61 Fibonacci level(-22.24%) since you can clearly see here in my chart two Fibonacci level have been drawn which indicates exact behavior on retracement on both support and resistance indicated here with round red circles.
note- Beware or red trend line as indicated by me on chart will act as a great resistance if breakout happens.this will create a trend reversal.
GBPCAD, easy mean reversion tradeGBPCAD, easy mean reversion trade
Just like the EURGBP, the GBPCAD is in a perfect condition for a mean reversion trade. It’s important to titrate your positions in a move like this because the end of the move has occurred, there is always a follow up capitulation drive that occurs. I am long at 1.6926 with limit orders below at 1.6907, 1.6873 and 1.6851.
From the prior swing on August 15th, 2018, today is 280 days from that day – well within Gann’ 270-degree cycle of the inner year. This is one of 3 90-day cycles and because this move has formed a higher low, it’s perfect for entry against the square of price and time (which is on May 31st @ 1.6938).
The RSI is at a 2019 Low and is the 2nd lowest low in over a year. And, shockingly, the Composite Index on the daily chart has reached the lowest level it has been since October of 2016.
The moon phase here exacerbates the bullishness of this condition. Expect a VIOLENT move higher and without warning.