UnknownUnicorn9344165

UnknownUnicorn9344165 Updated 

Clearly visible. The target of the C&H is the monthly S/R. 2 Weekly S/R are still in the way, may take time. WR is bullish

UnknownUnicorn9344165 Updated 

We have seen a clear break of the 75+ day uptrend. The wavereader has also turned bearish in HTF. Let it come back to the retest, then you can design a short plan.

UnknownUnicorn9344165 Updated 

We have a good FIB cluster below that could attract us. In the context of the current resistance and short signals in lower TF, I am building my short position. The 4h signal would still be the best thing that could happen.

UnknownUnicorn9344165 Updated 

Trade becomes active with Wavereader 30m sell signal, provided we are then still in the region that is attractive from the R:R ratio.

UnknownUnicorn9344165 Updated 

We just changed bearish in 15m and 30m TF. I expect the test to the upper SR and used this as an entry.

UnknownUnicorn9344165 Updated 

As said in the title, we just got the second hammer in a row + a 1h buy signal. It is worth a try

UnknownUnicorn9344165 Updated 

We are now for several days in a range, where two breakout attempts have already failed. In higher TF we have received a buy signal. If we leave the range at the next attempt and the bulls conquer the Daily SR for themselves, a climb to the 0.5 FIB level, but also the 0.618 FIB level is possible.

UnknownUnicorn9344165 Updated 

Waiting for confirmed breakout -> buy the retest

UnknownUnicorn9344165 Updated 

From my point of view, we see a falling wedge here that is about to break out. In addition, we have found a stop at the 0.786 FIB level of the last upward movement and have several buys from the wavereader. It is worth a try. Zones that should be approached with the idea are marked in green

UnknownUnicorn9344165

If the 30m sell signal remains, I set my first sell order at the Daily S/R and the second at the 0.786 FIB. Target is the lower 4h S/R

UnknownUnicorn9344165

I expect the price to hold above the double support consisting of the trend line and 4h S/R and to approach the weekly S/R again. a long trade as indicated in the LTF is therefore not the worst idea. 15m buy signal would give the whole idea even more approval

UnknownUnicorn9344165 Updated 

My view on GPDUSD Hi guys. First of all, it is noticeable that we have been rejected by the trendline several times since the covid low after breaking it bearishly. We then formed a double top and during that also an inverse cup&handle. The wavereader gave the signal to go short at the white mark. I see little bullishness here in the longer term and...

UnknownUnicorn9344165 Updated 

I will just trade this, if we get a 4h candle close above the current SR level and receive a buy signal from the wavereader.

UnknownUnicorn9344165 Updated 

Bounced off the upper resistance. Sell signal just developing. Two possible targets below. There is nothing more to say

UnknownUnicorn9344165 Updated 

We are at a zone where we encounter three reasons to resist. 1. 0.786 FIB Level 2. descending trendline 3. 4h S/R level In addition, we have 2 sell signals of the Wavereader. I don´t need any more reasons to try a short here.

UnknownUnicorn9344165 Updated 

Building up my position until the yellow trendline. Like I said in the last idea about this pair, I think we will get around 1.34 in the longterm

UnknownUnicorn9344165 Updated 

We are approaching a Daily Support. I expect a reaction here, therefore long, with an additional TP signal of the previous sell. Small risk.

UnknownUnicorn9344165 Updated 

I am waiting of a TP signal of the current beartrend. If we get it, I guess the support will hold and we will see a upmove to the next S/R level with the double resistance of the yellow trendline