RofelRedWolf-RRW

RofelRedWolf-RRW Updated 

This is my mapping from rising wedge pattern of GBPAUD M30 . Combined with Ichimoku Cloud and Stochs i try to determine for possibility pathway of GBPAUD. Proceed with caution. Thanks

RofelRedWolf-RRW Updated 

From the monthly chart we can see that USDJPY making compression pattern. The candlestick going to reach double bullish engulfing monthly which is strong support zone. Suggestion Pending order buy 103.500-103.400 Stop loss 99.319 Take profit 112.392 Take profit 120.210 Please filter your entry based on daily candlestick and weekly for sharp and safe entry. Not...

RofelRedWolf-RRW Updated 

Minor rejection H1 candlestick pattern near trendline. Scalping opportunities on Monday 9 March 2020. Entry zone 0.63550 - 0.63738 with stoploss 0.63800. Take profit before price reach support H4 zone double bullish engulfing 0.63000. Risk/Reward ratio 1:1 Better to filter from minutes timeframe before making an entry. Validity 2 days (9 March 2020-10 March 2020)...

RofelRedWolf-RRW Updated 

Possibility to scalp buy USDCHF Condition : 1) Sideways pattern with low did not reach below 0.93400 2) Completed candle m30 body with price at 0.93660 (entry from here with stoploss 0.93400) Target take profit if those condition meet up. 1) 0.94000 2) 0.94490 High risk due to prior condition did not met up from last week.

RofelRedWolf-RRW Updated 

For XAU/USD I would prefer to place a buy pending order. Since there is no confirmed reversal candlestick pattern yet. And also there is some buying momentum left on bigger timeframe which is daily and above. Buy from H1 support zone Entry 1639.27 - 1636.70 Stop Loss 1631.84 + Spread Target Profit 1673.70 - 1688.27 ( minus spread). Note : I will use some...

RofelRedWolf-RRW Updated 

Rising Wedge Pattern H4 AUD/USD Entry Zone 0.66800 - 0.66815 Stop Loss 0.67100 Expected Take Profit 1:1 Ratio or Maximum 0.66000 Preparation to buy from support zone H4 Entry Zone 0.66000-0.65900 Stop Loss 0.65700 Expected Take Profit 1:1 Ratio Minimum note: Will next update on buy analysis if not hit stop loss

RofelRedWolf-RRW Updated 

Rising Wedge Pattern H4 AUD/USD Entry Zone 0.66700 - 0.66800 Stop Loss 0.67037 + Spread Expected Take Profit 1:1 Ratio or Maximum 0.65942

RofelRedWolf-RRW

From the chart we can see that falling wedge had been completed and the upper trendline (resistance had been broken) In result forming double bullish engulfing on daily candlestick. The double bullish engulfing formed daily support zone (0.83304-0.82984) Please refer Daily timeframe. The Stochastic Indicator on daily chart showed the buy momentum on daily still...