We can see PA has rejected off the bottom trend line with an opportunity to go long for ~50 pips. Good luck!
Here we can see GBPUSD heading towards the 4HR strong bottom trend line. An opportunity for a long setup if the support holds.
After breaking through the bottom of the upward trend channel, PA is now showing a descending Triangle with the new descending channel which will most likely break out for a short. However, longs are also possibility and its best to follow longs if there is a gap. Good Luck!
This falling wedge formed during the recent 1H uptrend may indicate a long break out of 100 pips. This analysis further supports my earlier monthly analysis of a descending triangle testing 4H support for a potential long.
Here we can see double top on 4H which could give a short setup should PA break the neckline
Here we can see double bottom with neckline on 50 fibs the daily uptrend. If the PA rejects off the current retest on the 50 Fib, we could be setup for 250 pip long.
Here we can see on GBPNZD monthly TF a descending triangle which looks likely to break out for a long after retest of the 23.6 Fib. Furthermore, the recent downtrend is testing the 4H down trend the PA broke through last week so looks good for long entry on reject.
Here we can see a bullish cup and handle formation almost ready to kick off.
Here we can see GBPNZD testing the upper daily falling trend line for the 3rd time and getting rejected. An opportunity for a short setup after a good entry.
Here we can see sharkfin on a 4H below 25 i.e. 18 with price action sitting on strong support. We can anticipate a long setup if the PA retest this support and it holds? Thoughts? Can we use TDI Sharkfin on 4H?
Here we are seeing a double top on AUDUSD which would setup a short entry at the neckline. We could potentially see a 70 Pip move down. On top of this AUDUSD is just below long term resistance pf .755 which would further support a short if it holds.
Hello Traders Sharing Weekly analysis for double top which could payoff a ~500 Pip short in coming days. Good Luck and please feedback!
PA seems to have tested the upper downtrend line and getting rejected may continue further down?
Here I have noticed a reversal signal entry using the TDI indicator. Will look for a 15 pip scalp just below the daily pivot from here.
AU has seems to have bottomed out and the uptrend is prevalent. Here I have a long scalp based on trend movement and imbalance that might be filled. Thoughts?
Here I have observed a few indicators providing a possible short entry. 1. We have imbalances as noted off the H1 chart and these may encourage PA to revisit these areas. 2. TDI on the H4 has exited and waiting to re-enter BB upper blue line. This could be a good entry point for the short. 3. The upcoming quarterly retail sales release from New Zealand will...
Here on the daily chart, we can see that my earlier projection of the Elliot Wave 5 has completed successfully. Looking at the TDI indicator and general PA, it can be noted that PA may now turn to an uptrend. Will monitor further and look for day trades based on this moving forward.
Here I have noted a double top (not very clean) on the H4 TF. Secondly, H1 TDI is showing a short entry for current position. This may indicate price will move down towards the neckline and will present a short entry if PA manages to pass the resistance and will provide 70 pip opportunity. I have also highlighted many imbalances that will need to be filled...