


Liammorbin
I took this trade 0.9865 with a target of 0.935. Price is currently trading below the 3 main EMAS. The emas are also in correct order suggesting more downards momentum. Price has rejected the daily 200 ema and weekly 50 ema. A break and close below the weekly 200 ema would provide another short wntry.
We have seen price consolidating for the past 7 weeks after break off minor trendline. Price appaears to be forming lower highs and lower lows on the weekly signalling a trend change. I will target 1.285 which is could provide an area of support.
Price broke out off wedge pattern on the weekly/daily however failed to gain any upside momentum. I will be looking for a bullish reversal candle on the weekly before entering long.
We have seen price trading sideways on this pair since january 2015. There has been no clear indications of the long term direction of this pair.After the strong move down at the end off beginning of august price has started to form a bear flag on the 4 hour time frame. This consolidation zone sugest there is more downside to come. Targets at 0.69
We have seen heavy selling pressure on this pair for the last 5 weeks and indicators suggest there is more downside to come. Price is reaching extremely oversold levels and we have minor bullish divergence on the RSI suggesting a pullback is due. I will be looking to short at psych level 0.65 which lines with 0.382 fib level broken trendline and potentially the...
Gold broke out of this minor consoildation zone during the night. Long positions are valid from this level however a deeper retracement could still be on the cards.
This trade was executed last week and is currently running in profit. This pair has rejected both 0.618 and 0.5 fib levels on the weekly chart. Macd is negatuive and the price has closed below the weekly 200 ema with a high test bar signalling further downside is to come for this pair.
We have extra confluences on the weekly chart. triangle pattern has been broekn with the weekly 200 ema acting as dynamic resistance. Macd is also negative
We have seen minor rejection from the short term 0.5 fib level however price looks to be consolidating on the 15 chart before another small move down. In my first post i was looking to enter around 1508 however with the 4 hour 50 ema above this level i will be looking for rejection and to enter from the 0.618 level with a target of 1560 short term. My long term...
Firstly we had a break of triangle formation we then broke and closed below trendline on all time frames. Price is currently consolidating around the trendline. Price action is showing rejection from the trend line plus 4 hour 200 ema. Price also closed below the daily 50 ema however price is currently trading above the daily 50 due to the market gap. Price is...
We have found a potential short zone on the lower time frame. Price has arrived at 0.5 hourly fib level and we also have resistance from the 4 hour 50 ema and 1 hour 50 and 200 ema. Wait for clear rejection from this zone.
Break out off triangle formation on the 4H. Rsi overbought. looking to enter between 1508-1510 unless we see earlier rejection from the 0.5 0.618 level.
Local trendline has been broken on the daily. Macd is positive. Target around the 1.27 level which lines up with the 0.618 fib level drawn on the weekly., the daily 200 ema and the weekly 50 ema.
Monthly trendline has been broken and retested. Monthly 200 and 50 ema are both acting as dynamic resistance. MACD is also negative.
Break and retest of wedge formation. Double top on the daily. Price has also pulled back to 0.618 + 50 ema.