Imran.Osman

Imran.Osman

Price has been testing 85.122 multiple times. Will it try to break the support or continue to form a downward triangle? Will monitor the candlesticks over the next few days to see what the market wants. The green rectangle will help decide which direction to trade.

Imran.Osman

Price has gone below the flag for more than a day. This may be a sign of a downtrend starting. A safe entry would be going short after the retest at 0.71609 area. The riskier position would be going long on the retrace (around 0.70453) and subsequently short to follow the trend. Hints would be based on D1 candlestick formation.

Imran.Osman

Good day Ladies and Gents, Possible short coming right up for NZDUSD and I will scrutinise it very closely. Downward trend bias is still holding based on D1 TF. in H4 TF, price has went past above the EMA50 line but below the SMA 200. Strong resistance at 0.66527 and support at 0.65000. Price oscillating around the 0.66000. My trading position will...

Imran.Osman

Good day Ladies and Gents, It has been a while since I have taken a look into the H1 TF charts. Lo and behold, I have found a possible short position for AUDUSD. in 1HR TF, price is below both SMA 200 and EMA 50 showing downtrend. This is also confirmed in the Daily and Monthly TF. There is a possible crab harmonic pattern forming with the D leg yet to be...

Imran.Osman

Good day Ladies and Gents, EURUSD is starting to get a bit clearer now. Monthly TF shows that candles will continue the previous downtrend since May 2014. This is from the failed bullish engulfing bar of April 2015 and the forming of a bearish engulfing bar for July 2015. Therefore overall trend bias will be downwards. Looking at the D1 TF, a possible...

Imran.Osman

USDJPY has some nice confluence. On D1 TF, candles have formed above SMA 200 and EMA 50 showing upward trend. On H4 TF, candles has crossed and closed above SMA 200 today and above EMA 50 2 days ago. On H4 TF, Elliott impulse and corrective wave formed and completed. Going into a new phase of movement now. On D1 TF, yesterday's candle was an inside bar...

Imran.Osman

It is still dab smack in the middle of winter and NZDUSD is still going south bound. Candles are below SMA 200 and EMA 50 showing downtrend bias. Prices consolidated for about 5 days and may have just broke out of consolidation. Sell Stop to be set at the lowest price for today IF candle closed below 0.66268. SL at 0.6996 and TP1 at 0.6080 and TP2 at...

Imran.Osman

Good day Ladies and Gents. Just joined this community and this is my first post. I just started trading 2 months ago and would like to share my idea how AUDUSD is expected to fall for a while. Candles are below SMA 200 showing downtrend bias. Candles are below EMA50 confirming the downward bias. There is a strong sloped SNR line that was a strong...