Depending on the reaction of the price to these structure, I see 2 potential scenarios. 1. If the price breaks and closes above 1.054 - 1.0655 zone, a bullish trend continuation will be expected. Next goal will be 1.077 2. If the price breaks and closes below 1.041 - 1.047 zone and a rising trend line simultaneously, a bearish movement will be expected to 1.033...
Depending on the reaction of the price to these structure, I see 2 potential scenarios. 1. If the price breaks and closes above 1.054 - 1.0655 zone, a bullish trend continuation will be expected. Next goal will be 1.077 2. If the price breaks and closes below 1.041 - 1.047 zone and a rising trend line simultaneously, a bearish movement will be expected to 1.033...
Depending on the reaction of the price to these structure, I see 2 potential scenarios. 1. If the price breaks and closes above 1.054 - 1.0655 zone, a bullish trend continuation will be expected. Next goal will be 1.077 2. If the price breaks and closes below 1.041 - 1.047 zone and a rising trend line simultaneously, a bearish movement will be expected to 1.033...
1. If the price breaks and closes above 1.054 - 1.0655 zone, a bullish trend continuation will be expected. Next goal will be 1.077 2. If the price breaks and closes below 1.041 - 1.047 zone and a rising trend line simultaneously, a bearish movement will be expected to 1.033 support. Wait for a breakout, traders. That will show you the future direction of the...
Moving Average - Test Strategy This strategy is created to test the Pine Script for Tradingview.
Apple closed up on Friday by less than 1% at $142.65. Apple stock (AAPL) put in a new low, breaking $141.67. Apple shares are set for more losses as bears remain in charge. Buy a dip to a strong support zone at $134. The 200-day moving average sits here as does the yearly Volume Weighted Average Price (VWAP), meaning it is a strong price and volume support zone.
FX:AUDUSD 1D completed a Butterfly Pattern, and has started to rise for 8 days. The perfect enter point is 0.6912 (127.20% level of Fibonacci, XA) Now try to buy at 0.7013 (100.00% of Fibonacci) TP 1: 0.7101 (76.40% of Fibonacci) TP 2: 0.7298 (23.60% of Fibonacci) SL: 0.6783 (161.80% of Fibonacci)
NYMEX:CL1! completed a Butterfly Pattern, and has started to increase for 2 days. Additionally, it seems like a potential Cypher Pattern. Combining two patterns, there is a strong signal that WTI Crude Oil will keep going long. Enter Price 31.15 SL: 29.23 TP: 33.08
Since March 18 2014 FX:XAUUSD is experiencing a down trend corrective structure. It completed a Cypher Pattern lately. Although it had a little breakout on 8 Feb and 9 Feb, it went back as well. Coincidentally, the end of Cypher Pattern and the upper of the Corrective Structure are both around 1190. XAUUSD could breakout again to up trend or go back to down...
FX:EURUSD completed a Cypher Pattern, and has started to drop for 4 hours. Now EURUSD is experiencing a sideways trend, so we are waiting for a breakout of decrease. Sell at 1.1175 (50% of Fibonacci, XA) TP: 1.1107 (100% of Fibonacci) SL: 1.1244 (0% of Fibonacci)
Since 29 Jan, FX:GBPUSD has experienced a bull trend. It started to rebound at 61.8% level for a while, and then continue increased from 90.0%. It raised to nearly 161.8% and then adjusted to 61.8% again. Now we can entry at 1.4530 (90.0% level of Fibonacci) SL 1.4397 (61.80% level of Fibonacci) TP 1.4667 (127.20% level of Fibonacci)
Since March 18 2014, FX:XAUUSD is experiencing a down trend corrective structure, and still in this trend. Since May 05 2015, XAUUSD is going to complete a Cypher Pattern. Coincidentally, the end of Cypher Pattern and the upper of the Corrective Structure are both around 1190. Now the price is around 1155 (50% level of Fibonacci, XA) Buy at 1170 ((61.8% level...
GBPJPY was in a corrective structure before 22th Jan. It experiences a breakout at 167.90, and change its long term downtrend. Now it has passed 23.6% of Fibonacci (from 163.98 to 184.97) Buy at 172.04 SL 164.02 TP1 177.04 TP2 180.11
FX:EURNZD 4H complete a Cypher Pattern. It has increased for 2.5 days. Now it is around 50% level of fibonacci (from 1.6407 to 1.7137, XA). Buy at 1.6770 (50% of fibonacci) SL: 1.6525 TP 1: 1.6963 TP 2: 1.7138
GBPJPY 4H completed a perfect Gartley Pattern. It has started decrease since reached 167.772. Sell at 166.53(50% of xa fibonacci) SL:167.90 TP 1: 165.17 TP 2:163.96
FX:XAUUSD 4H seems like finished a Gartley Pattern. It has started decrease since reached 1109.52. Sell at 1092.20 (50% of xa fibonacci) SL:1102.00 TP 1: 1087.25 TP 2:1082.00