EURAUD | 4h | Swing Tradinghello traders, i have prepared FX:EURAUD analysis for you. i have set my entry level, stop level and target level on the chart. all i ask from you is to support me with your likes. thank you to everyone who likes it.
Forex-trendline
Par for The CourseAustralian dollar going Up... look at that Gaining momentum. Lets make some money Guys!!
AUD show a momentum change of the trend!!!That is my H4 timeframe, if you want, you can get it this analysis!!!
Support line on GBPJPYThe pair GBPJPY has a support line with 3 touch at least. If the price breaks down the line and the volume confirm it, we can establish a short position.
AUDCAD - LONG (April 1st - 15th) STUDENT TRADERI'm new to TradingView and have only been researching for a few days so feedback is appreciated.
I believe simplicity is key here. I have seen so many analysis publications with 100 different colours and lines. Its just confusing!
I've marked my 4 Hour/1 Hour Support & Resistance lines (In Green & Red respectively) of which the wicks touching are highlighted with coloured arrows.
There is evidence of a reasonable bearish trend line, I've plotted it attempting to touch every wick where possible.
I anticipate price action will retest the trend line on its way down to the 1Hr support line.
Once the price action touches the 1Hr support line, it will be a satisfactory indicator for a BUY order with a TP somewhat near the 4HR Resistance zone and the SL just shy of the 4Hr Support Line.
I appreciate all feedback & criticism, so long as you bear in mind this is the 4th day I have been theorising Resistance & Support w/ Trendlines, I may be completely wrong , only time will tell!
I am a Premium Student of the Diamond Forex Academy; instagram.com/diamondforex/
My personal tutor is Masum, a Top Author on TradingView; uk.tradingview.com/u/masumhussain/
Current Trade - Bounce of Trendline This is a current trade I am in where I am expecting price to rise to major trendline. Due to how this trade has played out, I have moved my TP higher as I now believe price may rise to where trend meets daily Res. I have also moved my SL to just below major trendline. If you look on my previous post for this pair you will see my previous TP and SL.
Retracement to trendline = Re-entryI am currently in this trade sitting in profit. However, I have found a promising opportunity for a re-entry. Whilst in the trade, price has formed a sound up trend bouncing of trend line neatly. I believe price is currently in yet another retracement to trend to then carry on bullish. This pair may see a few retracements but I believe price will rise to atleast 114.100 based on the major trendline on the daily timeframe.
Trendline bounceThis pair has been in a strong down trend creating perfectly made lower lows and higher lows. I believe price will carrying on reacting to this trend by bouncing off the trend line continuing down to make yet another lower low. I have put my SL just above weekly resistance in case price breaks through trend, it may reverse of that major resistance line. I have put my TP just above .382 fib support as I believe price will create the next lower low at a price that has created a lower high in recent history (2/3/2017)
AUD/USD short- Failed resistance breakout 3 times plus a resistance hit and a strong bearish bar (4h)
-Failed break out, resistance hit twice - looking for further down momentum (D)
- Resistance hit, possible move to the trend line then further bullish momentum due to the double bottom at a weekly support (W)
Possible short profit to the trend line, then looking for further bullish entry points for a long position.
EURAUD: Expanding Triangle Still PossibleThis corrective structure is likely an Expanding Triangle with the yellow shaded region above the "upper structure line" being an "overthrow".This gives an opportunity for a short position on the EURAUD.
Trade with care. Use a strategy you have tested and verified.
6.1.8. Family.
More Than Just Trading.
A Potential Expanding Triangle In The Making On EURAUDAt the moment I'm watching this pair like a hawk for a potential buy setup to ride the wave up to the complete the potential expanding triangle. The beauty about this trade is that this is the first I'm potentially going to identify an expanding triangle in real life trading.
However, I'm not 100% convinced this will be a triangle based on some other things I'm looking at. First price has to form a 1-2-3 waves in the "Wave e" in order to get the 3-3-3-3-3 structure of a triangle. Also, I'm looking at some other things which I can't explain here.
If you are trading this, use a strategy you have tested and verified.
6.1.8. Family.
More Than Just Trading.
GBPUSD......... More downside persists......i.imgur.com
GBPUSD Daily - 253X-4X expected resistance been a fresh break on FOMC. Retest and a hold likely to see price push in for around 2200 handle. Daily close above 2540 likely to put the bulls back in control. Till then rallies likely to be sold..
GCAD hitting Trend Line on Long Term Rise- Waiting for Price to close above or below trend line
- If above, good long opportunity
- If below, wait for the next test of either trend line
AUDCAD entry at CMPHi traders,
I was just going through my posted charts and I spotted that I had drawn this trendline. We not have a retest of this trendline, combined with structure, this is a good entry to me.
Entry: 0.99359
Stop: 1.00388
Target: 0.97803 = R:RR 1.51
Best of luck! Will be updating this chart.
15min GBPCHFEMA's starting to fan out int he bullish position.
Looking for a trend bounce to the upside.
Good long position up to 1.43800
USDCAD - UPDATE - Bigger Picture
USDCAD still favors down move and looking up on 8 hr; it comes up in a downward channel and does indicate a hint it can use another minor new low towards 2800 handle for triple bottom and a lift off..
i.imgur.com
USDCAD 8 hr - Downward channel hinting at triple bottom scenario - 3040-5X holds fortify the view..
i.imgur.com
USDCAD Daily - Extended supp & a view what the retrace might look like; if this gets to play out to the fullest..
EURAUD .. 5170-8X sightedEURAUD.. Shows bullish grind with 5170-8X looks tempted to get a test now..
lnkd.in
lnkd.in
EURAUD 4 hr - We playing higher than the recent break of the channel between T2 and T3...
XAUUSD long entryHi all,
After booking some good pips on a short position on XAUUSD this week, I am now looking for a long entry.
Entry: 1244.4
Stop: 1233.37
Target 1: 1263
Target 2: 1284
Best of luck!
