ajohnson9710
Any feedback about my analysis would be extremely helpful and much appreciated thank you:)
All info is on the chart. the regular divergence is on the 1 hour time frame, take profit is the conservative approach but can look for much lower targets. if the 1 hour candle is a lower low lower close candle I shall enter this trade:)
I see a great chance to short the market as a flag pattern has occurred; with retracement to the 0.5 - 0.618 zone not only created a double top with the zone yesterday is has reacted from this zone yet again! I am currently short on this market stop loss at 81.842 take profit 80.743 if you join me in this idea and feeling lucky then take profits could be set...
With the 4 hour trend breaking through I am looking for an opportunity to short the pair down to a full fib extension, dropping down to the 15 minute chart it looks as though the pair is struggling to reach higher. Potential of an equal measured move to put price back to my kill zone around previous support. If entry requirements are met I shall short the pair...
Head and shoulders break , although it failed its retest it hasn't yet broken the previous high. The 3 boxes on the chart are areas based on Fibonacci retracement of 0.5-0.618 which are all overlapping with previous support/resistance. with a double top on the 5 minute chart baring divergence to go with it; A nice engulfing candle on the hour chart. This...
Price has broken the neckline and is now currently around the retest. Once the market opens I will be looking for my signals to enter this trade. If you take this trade use your own rules for entry/stop loss/take profit, this is just my view based upon my rules. happy trading and best of luck!! P.S. if anyone wants to share their view on this then feel free to...
long term trend/triangle has been broken, the retest has created a double top which has left some divergence on the rsi. Price action on the one hour chart tells me it is going to continue this down trend either today or towards the start of next week Could be a very nice long term trade with a great risk reward Happy trading:)
Price has broke a long term trend line days ago and has now ( my opinion ) reached its retest If you drop down to the 4/1 hour chart you can see a RSI divergence. Also on the one hour chart you can see price has hit the bottom ( my yellow box ) twice and rebounded. Just waiting on confirmation of price action within the box for me to go long Conservative take...
Price has hit the 4 hour trend line which has been valid since September 2017 It has broken through a daily support/resistance line and is on the possible pullback. Oversold conditions on the RSI and Stochatastic Indicators Divergence on the RSI indicator ill be waiting for a reversal pattern/ candlesticks in order to go long here But if it fails to materialise i...
Potential head and shoulders pattern forming on the daily chart around a trend line, which could cause a break of this trend with profits fetching a very nice return. Certainly one to watch closely over the coming weeks:)
Price has hit the 4 hour trend line as well as being around a strong support area. An engulfing candle has occurred on the four hour chart. Oversold on the RSI and the Stochtastic indicators. Small risk with a potential big reward
Currently creating a triangle with two trend lines, i think that price will continue to rise and break the upper trend line, just waiting for price to drop and retest the support line/area
Potential head and shoulders forming around a daily trend line
A flag pattern on the daily/4 hour chart seems to have occurred, currently waiting for price to reach price marked with a yellow box. this will be a retest of the potential support which looks to be a good level as price has reacted from it before; but also creating a double bottom on the smaller time frame. My stop loss and take profits are on the chart,...
Head and shoulders pattern has formed and broken the neckline, currently around the testing area for the neckline. Just looking for the signal to enter. I will move my Stop loss to entry when i deem appropriate due to price being near a long term trend line, but with this pattern formed its an indication it may break this trend line. Information is on the chart:)
All information is on the chart, This Could be a very nice trade for a few hundred pips:)