Trader-TO

Trader-TO Updated 

Here we can see heavy one sided buying with a Hidden Bearish Divergence indicating the trend will continue. Daily ADX also read a 54 indicating a support for the down trend. Thoughts?

Trader-TO Updated 

Following my last post on the anticipated cup and handle formation, I have further highlighted forex imbalance that might warrant an uptrend PA this week following the new low for the year. We can wait for PA to break the resistance and enter a long position. Although, with one minute remaining in the closure of the H1 candle, a Hanging Man might be the result...

Trader-TO Updated 

Here I have noted forex imbalance which resulted from the uptrend. TDI indicator is also showing a sharkfin which can be used as an entry into a short trade once it re-enters the BB lines. Thoughts?

Trader-TO Updated 

Here I have drawn wave 5 on the long term daily uptrend. Recent PA is moving above the daily uptrend line and keeping with the bullish trend as per TDI indicator. Short term movement may move further up and fill the imbalance left by the recent fall.

Trader-TO Updated 

Here I have observed a bull signal on the H4 chart. Firstly, TDI has crossed bottom BB and re-entered. Secondly, the recent downtrend left imbalance that will need to be filled. I would look at a 20 Pip Scalp here but possible for more. Also on the currency strength Meter for H4 timeframe, AUD is second strongest to NZD with JPY listed as second last. ...

Trader-TO Updated 

Here we are still seeing lots of imbalance on the H1 chart to be filled. Secondly, VPSV is in a P-Shape which is a good signal for bulls. TDI also crossed under the BB and re-enters earlier on the H4 chart before the PA ranged for a bit. Now having formed an Ascending Triangle, PA looks to favour the buyers for a breakout. I have further noted on the Currency...

Trader-TO

Here we can see a number of analysis which may indicate a short position for AJ. Firstly, we can see that the Elliot wave 4 has just completed on Fib 38.2 (I have redrawn this from my previous analysis whereby the wave was not completed). Wave 5 will give us an opportunity to ride the down trend. Secondly, I have also highlighted a number of forex imbalances...

Trader-TO Updated 

In this trend analysis I have noted a few things; 1. The daily downtrend has broken the upper trend line and PA is moving up. 2. The uptrend whilst making higher lows is not very enthusiastically making higher highs but is upholding the structure forming a wedge. 3. I have also noted 3 imbalance on the chart with the recent downtrend that may warrant move...

Trader-TO Updated 

Here we can see double top which may lead to a ~100 pip short once the price falls below the neckline which is also very much in line with the 50% Fibs. Good Luck and feedback?

Trader-TO Updated 

This maybe a wild shot but GU here seems to be making a bullish cup and handle pattern. Let see how this plays out.

Trader-TO Updated 

So I have been reading about imbalance and have applied my limited knowledge of it here. As we can see there are multiple areas of imbalance we expect to be filled at some point. Furthermore, we have tweezer bottoms which also supports a bullish movement.

Trader-TO Updated 

In this analysis we can see Elliott Wave in this daily down trend. It seems wave 5 is in the making and an opportunity for a short. Thoughts?

Trader-TO Updated 

In this analysis we see few indicators for a bullish movement such as a P-Shaped Volume, TDI showing a strong trend. If resistance is broken we should see PA move up.

Trader-TO Updated 

Here we can see a double top forming on the H4 chart indicating a reversal of the recent uptrend?

Trader-TO Updated 

A bearish rectangle has formed as PA consolidates following a downtrend. If the pair breaks the support, it might be good for a 20 odd pip move or more. Thoughts and feedback welcome.

Trader-TO

A bullish wedge breakout is visible on the H1 EURNZD chart with an expected 70 pip bullish move.

Trader-TO

A Descending Triangle may mean a big move is coming. Here we can see that the support level is holding strong and keeping the bears from breaking through to lower lows. In this scenarios PA should continue with the lower trend however, it comes to the strength of the support which to date has held well and in my opinion will be able to resists further lows and...

Trader-TO Updated 

We can make a wedge on the H4 chart which can break out in either direction. However, considering the PA is currently just above the daily uptrend line, this resistence may mean the price action will move up the length of the wedge in this case ~70 pips rise.