AUDJPY after getting close to the monthly descending trendline (purple) ebds the bullish trend and broke below the weekly support. The price currently broke the uptrending channel. According to Plancton strategy at the retest we can set a nice short order. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any...
GBPAUD after a bounce on the weekly structure around 1.75250 started a retracement to the upside. Price reached our previous target zone at 1.77800 and currently testing this area. If the rice will close the daily candle above the structure we can set another long order according to PLancton's strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618...
The gridlock continues with CB's keeping Yields interlocked for as long as possible. An attack on the highs is inevitable if you ask me, sellers base is just not strong enough. 📌 Recession Strategy US will lead for the purpose of these flows, buyers may still make concessions and allow a retest of 0.82% lows but anything else looks very difficult. The...
If my trend line holds, we could see some growth
AUDJPY is testing our downside confirmation at 74.67 where the 100% fib extension is. Price could open up more downside from here if it closes below the downside confirmation. Take caution that Ichimoku signals that further downside could come.
hey guys, if you missed a short rally on audusd and want to be involved in this movement, I would suggest you be focused on the expanding supply area based on 0.721 level - last higher low and the broken support line of a major falling channel that was broken yesterday. aggressive on spot entry is not an option right now, because it will be hard to place a...
hey guys, a lot of questions concerning my last post on audnzd. yesterday I posted a trading plan for the US session but the market dived a bit deeper making our plan invalid. major supply zone on audnzd is based on a contracting area between a horizontal daily structure and a falling trend line. yesterday the price went rejected from the upper boundary of...
Me parece super eficaz el uso de fractales para tomar posiciones agresivas en la dirección que sea del precio.- Estoy aprendiendo muchísimo con los indicadores de Bill Williams y me parece extremadamente eficaz usar los tres indicadores creados por J. Welles Wilder ...aun me cuesta confiar eso si en el parabolic SAR pero ahí le daré una oportunidad nuevamente.
Mid-Term Forecast: Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9597). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCAD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA...
Mid-Term Forecast: Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9597). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCAD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA...
Hello guys! Lockdown announcement will further affect the British Pound. On September 22, prime minister Boris Johnson announced new national rules that could apply for the next six months or more. Do not panic, read the lockdown guidelines first, bars and pubs are still open until 10PM and deliveries are always open, so you will get your boose to watch APL....
AUD_USD BROKE OUT OF THE CHANNEL. NOW PREPARING TO BREAK SMALL HORIZONTAL SUPPORT. (1) The breakout is confirmed (2) Downward pressure is strong (3) SL should be above the shadows. (near the broken resistance) __________________________________ LIKE and SUBSCRIBE for LULZ hehe
Price has broken down and start to consolidate lower. All EMAs are pointing lower. Tension in the Risk markets will allow for eventual follow through.
AUDUSD- sell position now valid. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following...