Technicalindicator
AUDUSD about to drawback?Good Evening Traders,
The AUDUSD may be ready to make a pull-back. The pair did not quite make it to .7000 and it is hitting strong resistance on the 1W. Elsewhere, Bearish Divergence has formed on the MACD/Price Chart on the 16H. At each point Bearish Divergence has formed during this uptrend, we have seen a draw-back. RSI is also well into OVERBOUGHT territory on the 16H RSI.
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*The above is not investment advice but simply my analysis of the current market conditions*
EURUSD ThesisPrice is currently creating Lower Lows and Higher lows and has broken out of a trend line on the 1 Hour Time frame. Looking on the daily chart my Bias was already Short on this pair due to it approaching a strong level of resistance. After confirmation of downtrend I will look to Short this pair after i breaks the level I have highlighted and retests.
Good luck!
P.S This is a Speculative Setup, not investment advice.
-Always wait for confirmation !
EUR/USD in a Shoulder Head ShoulderHello, guys, now, today EUR/USD is in a buy, some investor is buy EUR for many reason that I want to discuss you at finally in the publication. Now, EUR/USD is on the SHS and so, there are many factor that I can to predict that Euro it's can to leave at $1,0966 USD at price target profit. So, in the pase I did identify elliot waves 1, 2, 3, 4, 5 and the pattern ABCD in the past before to form the Shoulder Head Shoulder. Now, there are many confidence that now EURO is now have being a now elliot wave cycle to continue a bullish in short time and leave at 0.382 of Fibonacci that I make it in Weekly. look down.
Now, I have a many list why Euro it's can be bullish about some news that I find out in websites:
1. Italian re-open the economy
2. Boris Johnson return in his work
3. United Kingdom has realized an announce of their governments in the next reviews in their rules to put UK once again Boris Johnson is return to work.
USD/JPY | Strong Bullish TrendFriends, please support this idea with LIKE if you find it useful.
We've been seeing a strong bullish trend from past few days and my technical analysis shows this trend will continue.
Reason:-
-Strong aggressive buying continues.
-Buying strength increasing after every pullback.
-Previous Supply zone showing its weakness after three retests.
-Market closed with strong rejection candle.
Thank you for your support, I appreciate it.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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Amazon Long after the previous Re-TraceMr. Pips says you can long Amazon with little risk here. Check out the attached idea to see my previous call on Amazon.
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ETHUSD Re-Entry pointMr. Pips RSI Add-On says ETHUSD is Overbought. Expect a retrace before a re-entry long. Info is on the chart. Drawings are just a general idea of price movement. The important thing to focus on is the Price area to re-enter.
Mr. Pips Quote of the day:
"Man is a Tool-using Animal. Without tools he is nothing, with the right Tools he is all!!!"
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Disclaimer: All information provide by Mr. Pips and IgetPips.com is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!
Quick Long on USDCHFMr. Pips Indicator says you can Long USDCHF with little risk here. Info is on the chart. Drawings are just a general idea of price movement. The important thing to focus on is the Price area to enter and exit. Message me or visit my site for more info on my indicator.
Mr. Pips Quote of the day:
"Man is a Tool-using Animal. Without tools he is nothing, with the right Tools he is all!!!"
Mr. Pips wants you to have a blessed and profitable day!
Disclaimer: All information provide by Mr. Pips and IgetPips.com is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!
XRPUSDT LongMr. Pips says you can long XRPUSDT with very little risk here.
Mr. Pips' proprietary indicator is showing a buy signal. This is a clear indication that the price is going to go up! There is no other indicator available that will show you these important price zones. This is NOT Murrey Math Lines. These are NOT auto Fib levels. There is no need to spend hours on end doing extensive research or trying to read news reports when you have the right tools at your disposal!
Mr. Pips Quote of the day:
"Man is a Tool-using Animal. Without tools he is nothing, with the right Tools he is all!!!"
Mr. Pips wants you to have a blessed and profitable day!
Disclaimer: All information provide by Mr. Pips and IgetPips.com is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!
British Pound/ U.S. Dollar LongMr. Pips says you can now Long BP/USD with a target of 1.30125.
Mr. Pips isn't smarter then any of you. He just has the best indicator ever created! Remember this post when the target is hit.
Mr. Pips quote of the day:
"You will lose a whole lot of money chasing women. You will never lose women chasing money!"
Mr. Pips wants you to have a blessed and profitable day!!!
Disclaimer: All information provide by TheRealMrPips is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!
BARRICK GOLD CORP Re-Entry priceMr. Pips proprietary ADCT indicator says that BARRICK GOLD CORP . will head higher once it retraces to his indicators trendlines . First entry position set at 16.66. Add to the Long position if it touches 16.55. First target, 17.03. Second target, 17.30.
Stop-Loss 16.07
Mr. Pips isn't smarter then any of you. He just has the best indicator ever created! Remember this post when the targets are hit.
Mr. Pips quote of the day:
"You will lose a whole lot of money chasing women. You will never lose women chasing money!"
Mr. Pips wants you to have a blessed and profitable day!!!
Disclaimer: All information provide by TheRealMrPips is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!