Rejection
AUDUSD Long/Buy IdeaAUDUSD Long/Buy Idea
waiting for a momentum candle close above 0.6780 to buy this one
Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Channel Pattern (in blue)
3- Inverse Head and Shoulders Pattern (in orange)
4- Demand Zone (in red)
Four confluences are enough to consider Buying AUDUSD, after a break above 0.6780 (in gray)
Gold Short Trade *DAILY PIVOT and 50EMA*Nice 1hr bearish trend forming on gold. The bullish 1hr TL and 50ema have been broken.
Price is now retesting the daily pivot level, 1hr 50ema and previous support at $1498
I am looking to short gold on these 1hr pullbacks back down to the previous lows and support at $1460
AUDNZD #Forex #ForexTrader #ForexTrading #ForexChartAUDNZD - Possible longing opportunity.
Last two days have tried to close below the 1.07 even handle but failed twice.
AUD seems to be gaining in strength the last few days of last week noticeably against the USD.
Once i get my signals of a long i will be opening a trade.
Any questions feel free to drop me a message or a comment and i'll be willing to offer any help i can.
Ben
#PipGainFX
8200 lost DAILY BERARISH8200 lost on the daily close.
7400 more likely.
Why the buy box range from 7.4keks to 6.8keks, simple becayse i am smart bera and i split my orders, divide your entry from 7.4k to 6.8k in case. this wick will be strong and technically we are catching one big knife that could cut our head ok
BE SAFE
EURCHF bouncing on the support?EURCHF is testing for the third time a support that already proved to work in the past even as a resistance.
Since we can play this trade with a great risk to reward ratio, placing the stop loss right below the support and the take profit around the green area, I suggest to sacrifice a portion of your potential profit and choose an entry that is higher than the current price, waiting for a bullish candlestick pattern that confirms that buyers are reaction on that support.
EURGBP rejection on the 240 Moving Average?EURGBP again on the orange moving average. Last 3 times, we had a nice rejection, with buyers coming in to buy again at that level. Right now, it seems that we might have the same pattern.
The price is also within an up-channel, with the setup of the moving averages that is bullish, so this trade is worth a try, considering also the good risk to reward ratio.
NZDJPY Long/Buy IdeaNZDJPY Long/Buy Idea
waiting for a momentum candle close above 67.50 to buy this one
Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Wedge Pattern (in blue)
3- Demand Zone (in light blue)
Three confluences are enough to consider Buying NZDJPY, after a break above 67.50 (in gray)
EURUSD Long/Buy IdeaEURUSD Long/Buy Idea
waiting for a momentum candle close above 1.0965 to buy this one
Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Channel Pattern (in blue)
3- Inverse Head and Shoulders Pattern (in orange)
Three confluences are enough to consider Buying EURUSD, after a break above 1.0965 (in gray)
AUDCAD Long/Buy IdeaAUDCAD Long/Buy Idea
waiting for a momentum candle close above 0.898 to buy this one
Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Wedge Pattern (in blue)
3- Demand Zone Rejection (in light blue)
Three confluences are enough to consider Buying AUDCAD, after a break above 0.898 (in gray)
EURCHF Long/Buy IdeaEURCHF Long/Buy Idea
waiting for a momentum candle close above 1.0877 to buy this one
Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Double Bottom Pattern (in red)
3- Demand Zone Rejection (in light blue)
Three confluences are enough to consider Buying EURCHF, after a break above 1.0877 (in gray)
GBPNZD Long/Buy IdeaGBPNZD Long/Buy Idea
waiting for a momentum candle close above 1.961 to buy this one
Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Channel Pattern (in blue)
3- Demand Zone Rejection (in light blue)
Three confluences are enough to consider Buying GBPNZD, after a break above 1.961 (in gray)
XRP BEST PERFORMERIncredible, i closed my long before that savage wick down, but i admit XRP is doing very well.
Best performer during BTC dump was holding pretty well.
Resistance 3050 - 3150 sats, a close above with a retest will be a long signal for me. Till then i will wait.
Enjoy.
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INDICATORS USED
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"Lady BTC BOTTOM"
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"Lady S/R"
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Check my last creation:
"Lady GOD"
EURGBP rejection on an ascending triangleEURGBP keeps its bearish setup with the moving averages, although the price is moving up and down within an ascending triangle pattern.
We can try to take advantage of the rejection we just had at the top of the triangle to open our short position with the stop loss above the resistance and the take profit right above the uptrend line.