FALLING IN LOVE - GBP/USD SHORT SETUP | RR 3,61Hey Guys,
here comes the free fall. Enjoy it. Peaceeee :)
Love
Shine like a star, fill the world with light!If we breakout to the upside I would like to see you up at these levels. This is where you belong my precious!
USOIL BUTTERFLY PATTERNSPattern still in progress we can see the lower & higher target expected otherwise target can be between D points.
AUD/USD long position based on Fibo retracement at 78.6 levelBUY: 0,75090
S/L: 0,74330
T/P 1: 0.5 Fibo level
T/P 2: 4h Resistence
T/P 3: Monthly Resistence
POSSIBLE CONTINUATION PATTERN ON EURGBPWe have recently seen a sideways move. We saw a big bearish movement and quickly lots of buyers got back in. Maybe market makers were trying to eat stop losses. Now, the market could continue to fly as the market has made new highs on weekly timeframe. Ttrend could continue.... Let's see what happens...
SHORT ON AUDUSDWe have just seen a good retrace on 1h timeframe. Which has confluence on the support of the 10th of May and also the 38% fib retrace. The weekly candle closed really bearish and we recently have seen two dogi candles on h1. We want to reach the -27 fib extension.
LONG AFTER A RETRACE OF THE 50% ON THE DAILY FIBO.There has been formed a head and shoulders on h1 and it is recently been broken. We would love to see a 4h candle closing big and engulfing above the 0.739 level, which it looks like is soon going to happen. The Take Profit won't be till the supply zone. It will be till the 61.8 fibo retrace of the downwards impulse. Let's play it safe.
AUDUSD.HEAD AND SHOULDERS FORMATION IN H1BIG BULLISH MOVEMENT ON H1. WE WOULD LOVE THE PAIR TO MOVE TO THE 61.8 FIBO RETRACE.
THIS IS AN INTRADAY TRADE. TRADING SAVE AND NOT BIG RISK:REWARD....
EURUSD POTENTIAL UPSIDE TARGETSLooking at the weekly timeframe, we see that EURUSD has been rejecting the level of 1.13500-1.4ish, and the Fib of 23.6%. We need a break and close above key monthly resistance+ trend line break at 1.15 which will lead us to 1.18500 + the 38.2% Fib. Also it looks like a higher high is about to be achieved for the EUR along with higher lows on the DAILY timeframe. As always keep it simple, but always look deeper at price action and not indicators which are not reliable. Threw the RSI for shits and giggles. ;)
Identifying Buyers and Sellers!! 1.4166-1.4133 price consolidated and dropped. meaning alot of sellers sold at that area meaning a possible unfilled market orders still in that zone.... an example of this below when price on a daily TF reacted and dropped from my zone 1.4101-1.4081 so i expect the same. i will take profit at 1.38500 and i will move my stop loss into profit once it begins to drop!!! Remember Risk management is key if it violates there is still more opportunity!!!
Range trading for a mini break out on the Italian MIBMaybe a little labour intensive for some but a safe way to book profit without much risk.
Buy and sell in 2 units at support and resistance. Move stops to protect positions. Take one unit profit at either support or resistance. Wait for break out in either direction. Repeat until breakout. Or leave it alone if it looses it's neatness and starts getting messy.
Low stress trading hopefully :)
