analitykFX

analitykFX

In spite of sell signals price does not want to fall. That's why i post this update of possible bulish triangle with simple ABCD formation. Enter above 1360 with TP 1446

analitykFX Updated 

Based on formation We can try LONG positions

analitykFX Updated 

On daily chart bullish flag has formed. However if we look at weekly situation it's more like SHS formation. The last big bearish candle telling us that more drope is comming. The best place to take long postions is 40.00 / 37,50 area. Stop loss 34,92.

analitykFX

Resistance area between 0,8685 - 0,8820 with fibo and harmonic ABCD is good place to open few shorts. Possible re-test trend line and BIG head & shoulders formation.

analitykFX

Again simple formation which should works nicely. SL below right and left shoulder. TP1 0,7530, TP2 around 0,88 fib .

analitykFX

Short now. TP1 1,2865 TP2 1,2807 SL 1,3160

analitykFX Updated 

We can try to go long right now beacause price is on trendline, in triangle and support may hold. But safer solution is to wait till price reached one of the dotted line and then move further.

analitykFX Updated 

Right now price seems to make a curve that's why long position is reasonable. TP1 is 1,1150, SL below 1,1030. Then we wait for price reaction. However overall downtrend should be continued. Here is my long term analys :

analitykFX Updated 

RR ratio looks good. We have new high on 15M TF so pullback is possible at least to 1.04310 (in the best case 1.05200). In wider view bullish Gartley pattern has complited but price may move a litle bit lower to 1,0100 area. So now we have 3 possibilities:

analitykFX

The big SHS patternt is completed. All we need right now is wait for price reaction after consolidation. Then we can open long or short positions.

analitykFX

Great opportunity to catch this big short move. Just open position now with SL above friday high and see what happen.

analitykFX Updated 

Resistance close, open short 49,95

analitykFX

We can see SHS formation after break small correcting uptrend line. It's good place to open short positions because there is big downtrend move if we look wider.

analitykFX

We have the same situation like previus. That's why my plan is enter short between 1,1165 - 1,1180 Target 1,0600

analitykFX

Close to trend line, seems like we have also divergence. Previus long time wave looks almost the same so big chance to next down move. Really nice RR ratio

analitykFX

Great pattern for short positions

analitykFX

Plan is simple ,be ready: IF price move below 1,1050 - sell IF price move above smaller trend line - buy

analitykFX Updated 

Looks really good and simple and the same time. Buy now or above resistance (1943.50) SL below previous low at 1905.00 TP around 2060.00