Short Rise Before Fall Continuation? weve broken through the previous DEMAND zone im thinking a new minor support has been formed for a small potential rise to end the week before another fall
im seeing a few long signals
but we could head further down
RISK management is KEY here on any LONG position as we can still see some bullish movement further down to another support
im saying long until further notice
FIP
Short Rise Before Fall Continuation? weve broken through the previous DEMAND zone im thinking a new minor support has been formed for a small potential rise to end the week before another fall
im seeing a few long signals
but we could head further down
RISK management is KEY here on any LONG position as we can still see some bullish movement further down to another support
im saying long until further notice
END OF LONG? or CONTINUATIONthe RESISTANCE LEVEL ON THE 4 HOUR chart on my phone has been HIT
as i predicted
we can see a potential fall to
140.379 levels for major support or 141.404 before that before another rise
i dont see any major signals on the higher time frames indicating a massive downtrend
as the weekly chart is still in STRONG UPTREND
if you enter any new long positions remember to ALLOCATE your risk wisely
and have take profits and stop losses beyond profit levels for safe trading
UPREND CONTINUATION BEFORE DOWN SIDE BREAK ????????im anticipating a RISE to 143.133 LEVELS before a MAJOR FALL as this is around the resistance level im seeing from my PHONE PLATFORM as im trading from multiple platforms and accounts
we can see STRONG VOLUME ACCUMULATION and support being formed on the 1 hour and 4 hour chart
im calling long until further notice
PLEASE USE STOP LOSSES and take profit where ever applicable
Usdcad Short 1.3500 AreaQuarter's Point Confluence - 1.35000
Deep Bearish Crab
ABCD pattern completion
Bullish Gartley Continued Uptrend - Daily candles closed above 78.6 and above 1.30 QP
Wait for zone to be hit - then for some type of bearish structure to form before shorting.
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GBPUSD broker brexit low. can Fibonacci tell us a new story?Since GBPUSD has broken Brexit Low i am looking for extensions to tell us where GBPUSD may head next. I'm looking for it to reject in the 1.26500, also in confluence with the half quarter, if it breaks that I'm looking for it to continue to 1.21 check screen shot below.
please also be aware that price is currently at the 2.24 extension which is a minor extension of 38.2 so we may see a correction or reversal here.
Where GBP Rates May get pushed.....As a raw technical trader, i pride myself in trading by anticipating markets through technical analysis. here we see raw price action coming into play as we have AB=CD pattern on the 4 hour chart. this is also in confluence with monthly support. i aim to take this trade for about 4-100 pips back up if everything goes according to plan. Beware this is counter trend trading and risk management should be used appropriately.....happy trading!
USDJPY push to the downside on USD & JPY NEWS unleashesAs the market prepares itself for a major move as news comes out for Bank Of japan Sept. 20 Tuesday next week technicals are largely at play, we see two Gartley patterns on the 4 hour and 1 hour timeframes. i am going on the 88.6 or 78.6 after receiving confirmation and will be taking it down from C to D of the Bullish gartley. As Market conditions shift i will update regularly... happy trading.