Ok, the Aussie currently is currently getting rejected from the major resistance level. there is no real harmonic pattern to draw so here is the COT analysis. i think the aussie might be making moves to switch sides the open interest increased by 3500 orders the Commercial Longs reduced their positions by 4500 orders while the commercial shorts increased their...
AUDJPY is looking to fulfill an inverted head+shoulders pattern based on the 4H and lower timeframes. The markets reacted this week with the Federal Funds Rate being kept at 0.25% for the USD. The markets have reacted strongly to that decision and has showed signs of trend reversals/USD strength in most pairs. The criteria I am looking for regarding this pair is 1...
AUDCHF is looking to fulfill an inverted head+shoulders pattern based on the 4H and lower timeframes. The markets reacted this week with the Federal Funds Rate being kept at 0.25% for the USD. The markets have reacted strongly to that decision and has showed signs of trend reversals/USD strength in most pairs. The criteria I am looking for regarding this pair is 1...
Pls apply your own trading and mm rules in any case. Cheers!
Hello, everyone. Thanks for reading. You can sell, risk reward is good. Thanks for reading Dont foreget to leave a like if you liked my idea
TF: 15 Min Looking for a pullback as shown to the golden zone (0.50 to 0.618 retracement) then a continuation of the current sell. This may not play out until early next week if it all aligns. See my previous AUDJPY idea here:
Hi traders, Here's the EUR/AUD pair which possibly signals a massive trend reversal and a buying opportunity. As usual, we don't take any trades unless all rules of our trading strategy align. TECHNICALS : The pair has been in a nice downtrend since March, forming fresh LLs and LHs until it reached the 1.61 support, which aligns both with a horizontal support...
Confirmations: Ichimocku in 15/30/60/2H min ( I use 6,13,26,13 configuration) Tail Bail has formed after the broke of the estructure, is over de 8 MA as a sell signal Price has reached a very HARD supply zone
We are looking at an accumulation 1 that price broke through and is retesting the resistance. I'm Looking to go long until around 1.87131 to 1.8986 and up. Manage risk.
Main Items we can see on the chart: a) The price has faced a resistance zone and now we are observing a reversal movement b) The current level is a critical zone because this reversal movement can be either a correction for further bullish moves or the beginning of a new bearish trend c) SHORT SCENARIO: If the price breaks below 1.06 the next bearish...
📍 Overview This chart comes after a conversation with @Alamakota. Brexit move played in this game was triggered in Jun 2016, you will notice on the Q chart how four years after buyers demonstrated a full retrace, before sellers rejected the highs and there we have the winning move. The UK is entering into the house of economic bondage in the ST and MT. Covid has...
The market after completing the 5th wave is now looking for a correction phase . If the price will manage to break and close the 4h candle below the structure we can look for a nice short according to our rules with a 1st target around 0.918 and a second one at 0.905. ––––– Here is the Plancton0618 technical analysis , please comment below if you have any...
price holding trend line support wait for today close . will pay some attention to this pair on Monday for bounce.
1.65292 - 1.6621 Add to Watch List Signal ID: 72156 Time Issued: Friday, 12 June 2020 01:00:15 GMT Status: open Entry: 1.65292 - 1.6621 Limit: N/A Stop Loss: 1.67586 The Congestion Opportunities Strategy has just sold EURAUD at 1.65751. The system recommends entering this trade at any price between 1.65292 and 1.6621. The signal was issued because the 28-hour...