Buy AUD/NZD 1H analysis Long@ CMP SL @ 1.03485 ( 6 pips ) TP1 @ 1.03919 ( 37,5 pips ) TP2 @ 1.04294 ( 75 pips ) TP3 @ 1.04532 ( 80 pips )
Bear flag setup 1H analysis Short @ 1.86400 SL @ 1.84300 ( 29 pips ) TP @ 1.84300 ( 210 pips )
LONG NAS100 TRADE 26 JULY 2021 Entry @ 15100 SL @ 15050 TP1 @ 15150 TP2 @ 15200 TP3 @ 15250
Nas follows very basic structure. Using Daily, i pulled the Fib from the previous low to the current high. If we look at the 2h we see that this A.B.C.D pattern forms. This ABCD structure being the structure I have found Nas likes to move in.
After the series of LH and LL were formed, a brake out of the pattern occurred. Using the Psych levels, We can expect a long on the retest of this heavily respected support area.
We can see that price has created a "W" formation and with extra confirmation using the trend line we can expect a short trade on this third touch of the trendline
Nas follows very basic structure. Using Daily, i pulled the Fib from the previous low to the current high. If we look at the 2h we see that this A.B.C.D pattern forms. This ABCD structure being the structure I have found Nas likes to move in. Expect a drop for the rest of July... Expect a Long towards the end of July, beginning of August...
Signs of Bullish momentum are starting to form. Using the ABC strategy to see if this confirms the uptrend. Let me know your thoughts for NAS
Yesterdays analysis is on target to TP. Here is a new analysis showing my reaction to new market structure. OBV helps me prove Bullish Hidden Divergence ( Trend Continuation)
First move of March. my prediction proves a long position, lets see how it plays out.
The First analysis went to plan, lets see how this one plays out ;)
My first analysis, I'm confident in this trade. Let me know what you think.