Sandro_AK
Put a sell stop @ 1.06270( below lowest low ) Tp: 1.01700 ( support area on weekly chart) SL: 1.09100 ( resistance zone on weekly chart)
Weekly chart: Bearish impulse with LH correction at Resistance area. Sell at 0.88500 TP @ support level 0.8500
BUY EURUSD AT BLUELINE TP1 @ GREEN LINE TP2@ GREENLINE SL @ REDLINE
BUY GBPJPY TP AT GREEN LINE SL AT RED LINE ENTRY AT BLUE LINE BREAK OF BEARISH TRENDLINE AND 21 MOVING AVERAGE ACTS AS DYNAMIC SUPPORT WAVE 1 HAS BEEN COMPLETED WHICH INDICATES PRICE WILL GO UP TO COMPLETE WAVE CYCLE WE ENTER AT WAVE TWO WHICH IS AT BLUELINE ENTRY IS AT FIB RETRACEMENT LEVEL OF 50-61.8
SELL USDZAR ENTER AT GREEN LINE TP AT BLUE LINE SL AT RED LINE
SELL EURAUD AT ANY TWO RED LINES TP AT GREEN LINE SL AT BLUE LINE WAIT FOR BREAK OF TRENDLINE AND 21 MOVING AVERAGE ACTS AS DYNAMIC RESISTANCE
BUY GBPJPY AT BLUE LINE TP AT GREEN LINE SL AT RED LINE Broke of trendline and 21 moving average act as dynamic support Note I'm waiting for the break of the main trendline that's only when I'll use bigger lots size
SELL USDZAR AT RED LINE TP AT GREEN LINE SL AT BLUE LINE BREAK OF TRENDLINE AS WELL AS 21 MOVING AVERAGE ACTS AS DYNAMIC RESISTANCE
SELL GBPCAD AT RED DOTTED LINE SL AT BLUE DOTTED LINE TP AT GREEN DOTTED LINE BREAK OF TRENDLINE WITH 21 MOVING AVERAGE AS DYNAMIC RESISTANCE
USDZAR SELL AT RED DOTTED LINE, TP IS AT GREEN DOTTED LINE SL ABOVE PREVIOUS HIGHER LOW BREAK OV TRENDLINE ASWELL AS 21 MOVING AVERAGE THAT HALTS AS DYNAMIC RESISTANCE
Sell USDZAR at current market price Price is moving in a channel and has currently formed a bearish pin bar on lower timeframe indicating a reversal is likely to happen. Sl 14.66000 Tp @ 14.32000
As we can see on the 4H chart is that GBPUSD formed a double bottom and went up which we call wave 1, we can also see that price is forming wave 2 which is a retracement move. The resistance is @ the neckline of the double bottom and that is where we will enter since wave 2 will be completed at that level. We can also see that GBPUSD formed a triangle and broke it...
GBPCAD has been bullish as I predicted with my previous post. Wave 1 on 4H has currently been completed and now we waiting for the retracement which is called wave 2 and based on my analysis price first need to drop until 1.72000 which is the broken resistance that turns into support. Based on this information we need to see how price close at that certain level...
Overall bearish move. Price made a fake breakout at trendline and price action shows a reversal with a bearish engulfing pattern. Price is also currently at its 5th wave which shows a correction of A,B,C Tp 8872 and 8700 Sl 9050
BUY GBPCAD 4H Timeframe Price is currently at bullish trendline and price closed above the previous high. Tp @ 1.69500 SL @ 1.73180
GBPNZD sell till 1.90000 support level. Price is in a downtrend and price broke previous support which is now resistance. Trend: Downwards Signal: Sell Confirmation: Enter after a pullback or right away TP:1.90000( support) Sl: Previous High contact 0603005755 for more information