OANDA:XAUUSD - Weekly (Bearish) : Doji at a weekly level indicating indecision and momentum loss with a wide swing divergence - Daily (Bearish) : Pinbar rejection with divergence - 4hr (Entry) : Double top with a trendline break EP: 1336.25 SL: 1360.36 TP1: 1311.47 TP2: 1290 www.pipkingsfx.com Like the content? Support it by.... SMASHING that LIKE button...
FX:EURCHF - Weekly (Bearish) : Long wick candle off the zone forming a pinbar - Daily (Bearish) : Inside bar with a bunch of indecision candles on the zone - 4hr (Entry) : Trendline & Wedge Breakout EP: 1.12400 SL: 1.11686 TP1: 1.13113 TP2: 1.13406 TP3: 1.14255 www.pipkingsfx.com Like the content? Support it by.... SMASHING that LIKE button & following my...
- Weekly (Bearish) : Weekly level broken with 8/21 MA Crossover Bearish - Daily (Bearish) : Bearish Engulfing Candle Rejection off of 21 MA - 2hr (Entry) : Counter Trend Line break with 8/21 MA Crossover, Double top divergence EP: 71.657 SL: 72.303 TP1: 71.000 TP2: 70.656 TP3: 69.650 (Next Weekly Level) www.pipkingsfx.com
FX:EURUSD - Weekly (Neutral) : At a weekly level where price historically reversed. I can see the price is in a downtrend. - Daily (Bearish) : Inside bar with a bearish engulfing daily candle of yesterday indicating sensitivity at this level - 4hr (Bearish) : Price has broken the trendline and Moving Averages has crossed over - 1hr (Entry) : Structure has...
EURNOK SWING SHORT - Weekly (Bearish) : Multiple indecision candles with a bearish rejection - Daily (Bearish) : Bearish candles overpowering bulls - 4hr (Entry) : Head and shoulder with trendline break. Tweezer tops off new down trendline & 50 MA EP: 9.74527 SL: 9.80945 TP1: 9.68129 TP2: 9.64723 www.pipkingsfx.com
USDCAD; LONG We see a break of a vital resistance to the upside; While creating Higher Lows and Higher Highs. A clear indication of an uptrend. We'll wait patiently for the price to come back down and retest the previous resistance as a new found support. Also, we shall see if price prints a bullish candlestick on the retest. KEEP IT SIMPLE #PipKings t.me
EURUSD SHORT; A trendline has been broken and now we're waiting for a retest of previous support which is also a 38.2 zone You can see price forming structure here as well creating Lower Highs Wait patiently for the price to print some sort of bearish candlestick KEEP IT SIMPLE t.me
CHFJPY; broke out of the down TRENDLINE and now creating HIGHER LOWS AND HIGHER HIGHS Waiting for pullback and hold. After price respects the zone and trendline long positions will be added. KEEP IT SIMPLE
EURJPY; has broken out of the downtrend creating HIGHER LOWS and HIGHER HIGHS Waiting for a pullback and wait for a bullish candle stick KEEPING IT SIMPLE
NZDJPY here creating structure nicely making HIGHER LOWS and HIGHER HIGHS As well; breaking out of the down TL while pulling back to what it looks like the 50%... If this holds and prints a bullish candlestick; long positions will be added
Simple PRICE ACTION here; On the 4hr is showing troubles breaking the CTL but instead respected it and printed a candlestick pattern known as "hanging man" + "pin bar" rejecting the resistance for a sell #PipKings JOIN US FOR FREE: t.me
- Bearish on the weekly and daily time frame - Weekly shows 3 black crows - 4hr respected the down TL and 61.8 zone while printing a BEARISH engulfing candle - Forming a LH and LL and broke the counter TL - First target 84.000 :D #PipKings JOIN US FOR FREE: t.me
AUDCAD LONG - Formed an INVERTED HEAD AND SHOULDERS - Retesting and wicking off the T RENDLINE & 61.8% FIB zone - 4 hour shows bullish candles JOIN us and learn! :) #PipKings t.me
Here we see a Inverted Head and Shoulde r breaking out to the upside and retesting Currently at a 61.8 level zone Wicked off the Trendline & the 4hour PA looks bullish Forming a Higher High and now a Higher LOW JOIN our channel for more :) t.me
AUDCAD LONG - 2 fib levels crossover - Price wicking from the zone and trendline JOIN our channel for more :) t.me
GOLD has caught my eye in this channel. Multiple Confluence here. If price holds and pushes back up we'll have a valid 4th Eillot Wave Also ABCD pattern the C leg will be valid. Aso here there are Higher High and Higher Low forming at the 61.8 leg while being above the 200MA. Therefore, I see it going up to first target at 1362 and then 1376. However, if gold...
This is a bat for long! Kept it simple. Its on a support zone, divergence identified from the X to D, price already made a bit of a movement to the upside. Also the market is overall an uptrend.
AUDUSD BULLISH SHARK PATTERN. There is also a divergence on the RSI and X to D. Also, it is sitting on a strong major support level which is also a 61.8% level on the day time frame. Multiple Confirmations for a long.