head and shoulders at the top of this CONSOLIDATION CHANNEL?the markets definitely has played some tricks in the last couple days but ive called this move from about a week or 2 ago
we can potentially see a break past this high
or a nice REVERSAL
Fipforex
FIRST downtrend TARGET HIT im learning through my very experiences that MOST of my calculations are astonishingly RIGHT
the markets is a roller coaster
and is VERY CALCULATED and mosts where ever HOWEVER AT WILL
but the FIRST Target HAS BEEN HIT
MY POSITION REMAINS NEUTRAL UNTIL all 3 TARGETS ARE HIT
ANOTHER UPTREND PUSH? or MarketEXHAUSTION 4 COMING MONTHLY SHORTit surprises how simple the markets are.. but as we all know ANYTHING can happen and we can see unbelievable moves unfold in front of our eyes within seconds and minutes.
the rise i predicted happened after a few bounces near support
i see we still have a potential for another uptrend
but at this point the market looks like its exhausted and ready for a downtrend
---- CONSIDER ALL VARIABLES AND POSSIBILITIES
---- THE BIGGER TIME FRAMES ARE SHOWING AN ESTABLISHED UPTREND BUT SIGNALS LEADING TO A DOWNTREND
as we enter into the LAST quarter of the year my analysis on the market and outside of the market shows me that
its possibility we can see some nice SHORT OPPORTUNITIES until mid OCTOBER where INTEREST rates might spike the market UPWARD
remember the best strategy is to
----CUT LOSSES QUICKLY
----LET THE PROFITS RUN
----HAVE PATIENCE AND MANAGE RISK THAT is WITHIN your control
HAPPY AND SUCCESFUL TRADING TO ALL
BXLLIONAIREJMAN.
HOPING FOR A break TO CHANNEL RESISTANCE BEFORE A DIPi have my sights set on this CHANNEL RESISTANCE as we are currently seeing some bearish movement
this small candles look like we can have a profit release to the upside before any drastic FALLS
im calling LONG around these key levels as we see the dotted green line indicates areas NEAR a DEMAND ZONE
lets see how it goes
rise to channel resistance before fall to longer term buy?as stated yesterday i expected a long at the demand zone which was exactly that
im anticipating a SHORT at the channel resistance that may actually take us all the way down and then back up again
lets see how this goes
LONG 2 DOUBLE TOP BEFORE MAJOR FALL? OR RISE FROM CURRENT ZONEas traders we must see and anticipate the markets going both directions
so i have small analysis for both sides expecting a potential uptrend
as we are at the demand zones that ive marked previously from last week
if we break down any further we can see these demand zones turn to potential resistance(supply) zones
my analysis on my other charts from my mobile screens on the
the 1 HOUR 4 HOUR AND DAY CHART indicate we might be due for a nice potential uptrend that can extend all the way up to 159.806 LEVELS which is a MAJOR RISE and major PROFIT for those in long term LONG POSITIONS
trade safe
stay disciplined
and take profit
~Mastermind
(instagram: jmanthemastermind)
GOLD interesting chart pointsas i see from this the markets is very precise where it moves
posting this before my chart gets deleted
FALL TO BOTTOM OF CHANNEL?im anticipating a fall to the bottom of this channel you see on my chart
as the INITIAL PROFIT LEVEL # 1 i highlighted days ago has been hit
we can STIL SEE A RISE to the other 2 PROFIT LEVELS to finish everything off
but im going with a fall to the bottom of the channel
stop losses set above the initial high and pending orders with take profits set at the other 2 take profits at the top
i have HIGHLIGHTED 3 POTENTIAL areas where i think the markets for this pair might decide to head to before any other potential rises or falls
1 HOUR UPTREND SIGNAL CANDLEGAGE your entry im feeling like this is the time for the NEXT UPTREND
look for a nice ENTRY place stops when in profit and let that shit ride until the next fall
i have 3 targets set beyond the CHANNEL top
my instincts and intuition always tell me something
bounce on support to rise again? as the weekly chart is still in an uptrend things are kind of looky tricky for this pair
especially before DONALD trump takes office friday
im thinking a stab below to a support level or to the previous channel that was broken
careful of HIGH IMPACT news RELEASE AT 430AM on the GBP
we wil see how things go
3 Drive harmonic AUDUSD Short at 127.2 (.76483)127.2 extension from drive 1 to Correction A. Second Drive and Point B may also reach the 127.2 extension zone. Looking to short this back down to .75352-.75166
EURUSD LongsPrice has broken past the previous structured demand zone at 38.2% Fibb levels. My previous analysis on EURUSD had a potential to go long at that current price 1.1080. BUT as I mentioned if it was to FAIL it would had to break the zone with a big candle. Price did exactly that and hit its next target level for reversal on 61.8% PRZ Fibb level. Price now remains in a structured demand zone and bounced off a trend line as well my bias on this pair is now officially BULLISH. ADX also is about to confirm the setup as well as the Moving averages.
Major TIP
Always adjust to price never ever EVER remain solid on one direction. Technical analysis can always give you a edge and always keep in mind TRADING is 90% Mental 10% Technical!
Instagram : @FipForex
www.ForeverInProfit.info
EURUSD Potential LongsDemand Zone is heavily respected with structured support off the 38.2% Fibb. Also a double bottom confirmation with divergence.
NOBODY should be shorting this pair as of now if you are keep in mind you might be against the trend.
Trading is 90% Mental and 10% Technical. Traders must work on patience and believe in your own analysis.
Follow me On Instagram @FipForex
EURUSD still Potential Longs Price dropped pass support on the 38.2% Fibb making it a new found resistance. Price still remains inside a structured demand zone sitting on support. My bias on this pair is still long unless the demand zone is fully breached and becomes a solid supply zone. Also RSI shows Divergence indicating a possible bullish setup with a trend line assisting it for support.
Trading is simple remain patient and believe in your technical analysis.
Instagram : @FipForex
www.ForeverInProfit.info
