Last week Gold finished the weekly candle strongly above the resistance, this means that the resistance was broken. Now we have to wait for a pullback to the broken resistance that has now become support, after the retest and the confirmation that it is reacting there, we can buy XAUUSD. Stop loss 1914 Target 2050
Hello everyone! Since GBPJPY is downtrend on H1, I decided to focus on the opportunity to sell from the marked zone, I would wait for a while until the price consolidates near the zone, then for some confirmation of a lower TF and entry into the...
EurNzd has formed the Reversal Wedge, now we are also seeing the break, we have to wait until the day candle manages to close over the area 1.5980, if the daily candle closes over the area, we can wait for a small return, and we can go buy. Buy position from: 1.5980 and 1.6000 Stop loss: 1.5860 Target reward 1x2.7 at 1.630
Hello !! In my last update I shared the entry and exit points of TLMUSDT. It was trading in the range of .0746 to .0786 for a long time. These were basically the immediate support and resistance respectively. As of now, TLMUSDT broke the resistance of .0786, pumped around 10 %, and touched .0837 is currently trading around .0803. I would suggest everyone wait...
Hi Traders! The market is in an uptrend. It moved up slowly until the Resistance at 1.29900. Then it made a Retracement-Move. After that, the market shooted up with high Momentum. Now the market makes another Retracement Move. It seems like it'll retest the break of Resistance. The Support AND the Trendline AND the 50MA are giving support to the market. We...
Hi Traders! As you can see, the market is moving in an opening wedge. The market even broke out the upper trendline. But it failed the retest, so it bounced back into the wedge. Then it made some lower lows, so another trendline. The next resistance area is at 1.30500. We expect the market to break out with the target at 1.27200. We recommend to sell the breakout...
HERE WE HAVE CADJPY ALOT OF DIVERENCE AND LOOKS TO BE RUNNING OUT OF STEAM, SELL SETUP... IN THE 1HOUR TIMEFRAME WE SHOULD SEE A 3 TO 5 WAVE CORRECTION GIVING US A 4HOUR CORRECTIVE PATTERN THESE CAN BE RISKY TO TRADE AS THEY TAKE THERE TIME TO MOVE ANYWHERE.. BUY SETUP... WAIT FOR A 4HR CORRECTION TO FORM THEN THE BREAK OF THIS WILL GIVE US A BUY SETUP YOU MUST...
NMR/BTC making a nice move upwards but seems to be finding resistance at the top of the range. If a daily candle closes above the range then the green box will be active. If the daily candle and/or further daily candles close within the range then expected downside towards the lower green boxes. Blue triangle indicates the current range. Green box is buy. Red...
Hi traders, I will wait for bullish engulfing pattern on the h4 timeframe to go long after a bounce of the tredline to the upside. If this happen we go longe and take the giant swingtrade. Have a good trading week. StefanForex
Today, oil spiked higher on the news of the possible OPEC and allies production cuts in 2019. Alongside with all the technicals outlined below, it would be reasonable to open a longer-term buy trade. Daily: 1. Extreme oversold RSI reading 2. Bounce of an important support zone just under 60$ level 3. Break of the downtrend line on the RSI 4. Early buy signal on...
We got a nice AB=CD pattern. Down into 1.38967. And we will wait for a conform. Or we will og up, and test the gartley bearish. RSI: Normal.
Hello here we got a nice butterfly pattern. We will wait for a conformation candle stick now. Target 1: 1.23281 Target 2: 1.24537 Stop loss: 1.21803 And the butterfly bullish pattern will get decline, if it broke under the 2.618. fibonacci extension A-x-A. RSI: Altmost oversold.
We just got a nice Little bearish bat pattern, and hit both targets. Now we will get a 5-0 pattern. We will wait for a conform. Target will be 1: 83.149 2:83.834 Stop loss. Under D. Remember to get a candle stick, or another ression to go long.
Hello. We go a nice Little, flag here, we just need to wait for some conform, and break above. OR, we got a H&S, inverted, on here. We also got a nice head and shoulder formation on the Daily time frame. Let's wait and see where it will go.
Hello, we got a gartley long here, just wait for the D point. We also got a nice litlle Double top ADAM ADAM Target 1: 1.22863 Target 2: 1.22969 Stop loss: 1.22560 Let's wait and see.
Hello Guys. Here we looking for a cypher pattern to short. We just got a litlle consolidation, and a break out. nice litlle pullback, into the Doble top Adam&Adam. We broke Down Again, and make the B leg, on the cypher. ( LH) After that, we got a nice break Down Again, and got a LL, what make the ( Fibonacci extension C leg). Now we will wait for the D leg to...
Hello, hope u all have a great easter. Here i looking on Australian doller/Canadian dollar. We got some sideway's trend. ill, be looking for the 0.786 fibonacci retracement X-A leg. Target 1: 0.99059 Target 2: 0.98969 stop loss:0.99310 There will mine gartley complete. We also got a nice falg pennet, if we broke over/under, that i will wait for a pullback,...
Hello. Here we have a Cypher pattern bearish, on the 1 hour. we just need a complete on the D leg: 1324.871. Target 1: 1319.106 Target 2:1315.511 Stop loss: 1329.001. RSI: 40