The situation here is quite clear and I expect more move to the downside after the impulse correction. Overall trend is bearish so it all makes sense. I suggest you add this pair to your watchlist This is strictly for educational purpose, taking a trade off this setup should only be done if the rules of your own personal strategies are obeyed completely.
Nice opportunity here on CADJPY . Monthly timeframe suggest a completion of an impulse to the upside. Weekly timeframe shows a clear M pattern in which we expect a correction to the neckline. Daily timeframe shows a W formation which has just been corrected to the neckline and we can expect a continuation of the move to the upside. So far MONTHLY, WEEKLY & DAILY...
After multiple rejections to the downside, Gold looks to be in a decisive moment as price is moving in a triangle pattern. I will wait to see if a break to the upside will happen then we can expect price to go and retest the neckline of the M pattern from the Daily timeframe. This is strictly for educational purpose, taking a trade off this setup should only be...
Monthly candle shows an M pattern and a potential move to the neckline is expected. Weekly candle shows a strong impulse to the downside and a correction to at least the 0.32 fib level is expected too. Daily candle shows a W formation and a correction to the neckline has just been completed therefore a move to the upside is expected. So far Monthly, Weekly and...
A nice triangle pattern has displayed itself here on the daily timeframe. I advice you add this pair to your watchlist and see if the rules of your own personal strategy are met. NOTE: This is strictly for educational purpose, taking a trade off this setup should only be done if the rules of your strategy are obeyed completely.
NZD pair is quite weak at the moment but there's an opportunity for short term longs to be added with take profit at the neckline of the over-extended M pattern or at least at the 0.32 level of the Fibonacci taken on the resulting impulse. With the RBNZ news fast approaching, and a positive outcome expected, bulls can take charge. I suggest you keep this pair in...
A very interesting price action setup on the GBPUSD currency pair. I suggest you keep this pair on your watch list and see if the rules of your own personal strategy are satisfied NB: This is strictly for educational purpose, taking a trade using this analysis should be done if the pattern fits in with your strategy. HAPPY TRADING!!
Bulls looking to retest weekly resistance. I suggest you keep this pair on your watchlist and see if all the rules of your own personal strategy are satisfied NB: This is strictly for educational purpose, taking a trade using this analysis should be done if the pattern fits in with your strategy. HAPPY TRADING!!
SELL LIMIT SETUP. Entry@ 0.73811 ,SL@ 0.74076 , Tp1@ 0.73128 , Tp2@ 0.72800 , Tp3@ 0.72245
EURCAD SETUP INSTANT EXECUTION Price: 1.47413 Sl: 1.47511 (8pips) Tp1: 1.47226(18pips) Tp2: 1.47109(30pips) Tp3: 1.46931(48pips)
HEAD AND SHOULDERS ON THE DAILY TF WHICH ALSO SERVES AS 0.618 ON THE FIBONACCI TAKEN FROM THE IMPULSE ON DAILY TF. WE ARE TAKING THE TRADE TO COMPLETE THE IMPULSE AND TAKING PROFIT AT THE NECKLINE WHICH CORRESPONDS WITH THE FIBONACCI RETRACEMENT PATTERN. HIT...
SELL ENTRY AS PRICE IS EXPECTED TO REJECT AT THE 0.618 FIB LEVEL TO COMPLETE THE IMPULSE FROM 1 HOUR CANDLE PERSPECTIVE
Taking Fibonacci of the impulse from the high to the low of the monthly time frame, we would see that price had just retested the 0.618 fib level. On the weekly time frame, there is also a possibility of a double bottom which points that bitcoin is bullish from the monthly and weekly candle perspective. Going down to the daily,price has just broken a major...
BUY SETUP ON XAUUSD . Trade will only be triggered if all requirements are met.