Uran0s
Technically: - AB=CD completion - 0.618 retr - Overbalance completion - Strong SR zone
TP @ 1.272 Fibo ext SL goes above 1.12 CD wave (Overbalance). Very small divergence in development.
Technicals: - AB=CD, point D exact place of 0.618 retr level. -.0618 retr 01/04 high - 1.272 ext - trendline - Strong SR zone when market reacts pretty strong. Let's see where it goes.
I will be buying on breakout. There is possibility of another leg down (hanging man on 1D chart). Low risk TP goes to 0.5 retracement. Here is some FIBO point of view, like I posted on previous EURUSD analysis, which was actually 100% accurate. Good luck.
Everything explained on chart. Fibbonaci power with trend lines.
Technically: - Touch of the midterm trendline - bull div 4H - 0.618 retr. TP - 122.30 SL - 120.1
Whole analysis can be seen on chart. I have some pairs kept on my eye due to this move, if it's a valid scenario I will open some positions. Good luck everyone
Hello everyone, I hope you made some good pips with this setup: It's also part of the setup I posted some days ago, with possible move here: What is happening now? AUDUSD sits in nice downward channel, touched the upper trendline of the channel which coinfluences with 0.382 retracement. I expect more doward pressure this week due to USDollar index , which...
On the left Fibonacci retracement levels of the last big upward move. On the right Fibonacci retracement and extension levels of the last smaller upward move TP 1 - is the coinfluence of the 0.618 retracement of the last big upward move and 1.618 extension of the last small upward move TP 2 - is the 0.764 retracement level of the last big upward move and...
FOMC meeting next week will be the key moment. So far I'm sticked to my original plan posted here: Good luck everyone!
EURUSD formed nice triangle, waiting for retest of lower line which is minor SR zone + 0.5 retr of price move from 1.04613 to 1.17129. First target profit after breakout goes to 1.16, where we should see ABCD pattern after the breakout. Blue box - buy zone, demand zone Yellow box - sell zone, supply zone I am already in short on this pair, and waiting for...
We are in consolidation period now. I think there will be one more sharp leg up to the rebound zone, what will make triple top pattern here. After completion of triple top, and FOMC decision about not rising rates we should break the consolidation channel, and switch to the downtrend move. 2015 Final target is 0.5 retracement of the strong uptrend move, with...
Yellow box - buy zone Blue box - sell zone Also see upcoming AUDUSD setup move here: Coinfluence - point C of ABCD, trendline and 0.764 Fib retr. - point D of ABCD, trendline Channel looks pretty solid to trade with. Good luck
Clear bullish div on 3H chart. We might see the trend reversal. Low risk traders, wait for the breakout (Buy stop @ 1.522). I'm already in long. Bullish div can be seen on 1H, 2H, 3H and 4H chart.
We are still in upward move, there is plenty of room for a growth (RSI still near the oversold area and MACD - below zero line and about to cross). Forming wedge. Buy on the top of the channel on breakout around @1.30 -1.29 or sell on breakout on the red support line.
Buy signals: ASCENDING TRIANGLE HIDDEN BULLISH DIVEREGENCE MEANS TREND CONTINUATION WHICH IS UP
XABCD pattern looks to repeat. From A we should bounce off to resistance line B. Once we broke 122 support line, entered short at 121.7 downward to 120.36.