Freetelegram
SPX500 TO REACH THE ALL TIME HIGH AGAIN...All we are waiting for is a break and retest of this major H4 resistance level before looking to go long, hopefully we can add a fibonacci setup and look for bullish divergence as added confluences, but right now its a waiting game.
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Ash
Live gold trade fibonacci setupNo need for a long explanation, the chart speaks for itself.
Major support is being respected, fib is drawn from major push to the high of the move, Fib golden zone is at the support level, beautiful setup.
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Ash
USD/CAD next moveWe are in a bullish market so only looking for buying opportunities.
What we want to see is price make a new higher high, taking out the previous one, then its a waiting game, waiting for retracements into that fib golden zone.
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Good luck, stay blue
Ash.
LIVE TRADE, BUY NOW! 40PIP RISK 170PIP REWARDAs you can see price finally broke out of that consolidation period, we broke a previous high making new higher highs on multiple time frames, we run our fib from the push out of the consolidation area to the new high, the golden zone highlighted in yellow has multiple rejection indicating a push to the upside, aslo acting as a support level. We belive EUR/JPY will make new higher highs hence our final TP of 170pips.
This trade is live, dont miss out,
any questions please dont hesitate im here to help,
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Good luck, stay blue,
Ash
40pip risk 200 PIP REWARDVery similar to the GBP/JPY post, im waiting for a retest of this major resistance level before i look to sell this pair, i know all GBP pairs have made a huge impulse move to the upside but dont forget the overall trend it bearsih, untill we see a clear structure shift, which hasnt happened yet.
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Good luck, stay blue,
Ash.
STOP LOSS HUNT ON GJ?? DONT GET CAUGHT OUTOn the H1TF it is more clear check it out for yourself, i believe this is a stoploss hunt after price made a huge impulsive move to the upside trapping retail traders after GJ broke the resistance level. My bias is still bearish, Im waiting for a break below that level with a retest, check out my other post on this pair i will attach the link below.
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Good luck,stay blue,
Ash.
Fibonacci setup, easy as A,B,CThere's a strong support level on the H4 TF which is also 0.5 on the fib level, this would be a beautiful entry.
How do i set up my FIB, from the most recent swing low to the swing high, entry on the lower TF with multiple rejection at that level followed by an englufing candle.
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Ash.
Dont get caught out by this false divergence signal!Although we see a reversal divergence siganl, i beleve its invalid, we have just broke and retested this major support on the daily TF.
For this divergence to be invaild we would need to see price break below the area highlighted in yellow, so if you find an entry on this pair that could be an area to target.
Any questions on divergence or trading feel free to ask the team!
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Good luck stay blue,
Ash.
Patience is key, wait for the break.At the moment price is consolidating between two levels at the top a downtrend channel, sit on your hands until we have a break and retest of the acting support level.
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Good luck, stay blue,
Ash.
Await the retest before GJ drops to hell!Trade what you see, i see GJ has recently broke an uptrend trendline and broke a major support level as well.
looks like we will get the retest of that resistance level this trading week, its and intresting level, im expecting some rejections at the area and price to make a lower low by the end of the week.
Whats your thoughts on GJ?
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Good luck stay blue,
Ash.
As predicted last week, gold will test this next key levelShared my anayliss on gold last week, check out my older post i will be attached to the bottom of this page, AshFX predicted the drop was coming!
Gold will keep dropping testing the 1890.278 level before making its next move,
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Good luck stay blue,
Ash.
Great sell opportuinity for when the markets opens dont miss it!As you can see price has broke this support area and retested it, also broke a number of important trend lines to get to this point.
Worth checkinkg this out for yourself, have a look at the daily time frame to see how much potential this trade really has.
If i do enter this trade i have marked out our potetial TPs with the dashed horizontal lines,
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Good luck, stay blue,
Ash.
Will GOLD continue to fall? Comment your thoughts!As we can see from the daily time frame, ever since gold made that higher high we have continued to make lower highs.
We do have a pretty solid weekly support level that price cant break for now, but i do believe we will see gold hit that support once more before making its next move.
If we break that support we want to see it turn into resistance and we will look to target the next key level.
If we cant break it and we continue to reject the support level, we want to see this decending triangle broken and retested before looking to go long and target them previous highs.
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Ash.
BULLISH DIVERGENCE SPOTTED, LETS GET IT.Bullish divergence in an uptrend at a support level...
If this pair doesnt fly to the moon then its just not meant to be, we are not in the trade just yet, i will send out the signal so make sure your following this page and all the revelant info at the bottom of this page!
Good luck, stay blue,
Ash.
Potential breakout?Lets monitor this support area price is currently at, if respected and rejected then we may look to go long, if i was to go short on this pair i would wait for the resistance level to be broken before considering a sell.
Whats your bias on this pair? Comment any thoughts or questions you may have,
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Good luck, stay blue,
Ash.