andrewlickley

andrewlickley

With a potential daily double bottom forming and a bullish hammer on the previous close I have dropped to 4H to find a possible entry. Self explanatory...

andrewlickley

Changed my entry slightly on this trade, took the fib from the true previous high.

andrewlickley

***Unsure about this trade just now looking at how the daily candle is currently looking, may be seeing a reversal.*** However the set up looks nice, price is currently in no mans land with GU never being this low. Confluence's for going short at around 1.2150 begin with: After a bearish push down, looking at price action I believe this may only be a...

andrewlickley Updated 

After a small consolidation period with not much structure, gold is beginning to create a symmetrical triangle on 1H TF. I will be waiting for a break and retest of the structure either way before entry.

andrewlickley

I am looking to catch this retracement on CADJPY before going long for about 100 pips. Entry on 0.382 fib with my stop just under the 0.5 level and using the 0.27 extension for a target.

andrewlickley

Self explanatory... My idea for NZDJPY longs. Seeing bullish moves coming on JPY pairs, hopefully we can see some Yen weakness over the next weeks. I will need to check up on upcoming fundamentals.

andrewlickley

This is a my set up on AUDJPY, waiting for a break and retest before going long. Explanation in analysis. Don't usually trade this pair so will see how this plays out...

andrewlickley

Just the 4H view of my previous post...

andrewlickley

Explanation in the analysis. Always weary trading USD in the first week of the month but nice set up. Take a look at 4H and it becomes even more clear. I may do a post to show the 4H view...

andrewlickley

My previous post shows GUs potential to gain some strength before another big crash in price. I will be watching price action as it approaches my daily order block to find an entry and go short for a 500-700pip gain, depending on entry. Could be a nice one to hold on to as the UK economy crumbles... More explanation in the analysis...

andrewlickley

Is it time for GU to gain some strength before another swing low? Recently price has been making 4H HLs telling us we might see a bullish push. Price has broken from 1.2150 resistance and has retraced to test 1.2150 as support and a third touch of our ascending TL where a bullish hammer has formed. From here I am expecting price to push up to the descending TL...

andrewlickley

Explanation in analysis. Not used the 'bar pattern' tool before... but looks like a nice set up either way. With current fundamentals (trade war/recession etc etc) we should continue to see safe haven flows.

andrewlickley

I will be a looking EU to retrace before going short. Explanation in analysis.

andrewlickley

EURCHF short idea, self explanatory...

andrewlickley

I entered gold too early before and got out in a minor loss. After re-analysing this looks to be a safer entry with more confluences. Price is taking its 3rd bounce off the mini TL and also creating a new HL at the 0.618/0.786 Fibonacci retracement. My SL being under the 0.886 fib in case of a spike down and my TP just short of the -0.618 fib extension. R:R = 4.15

andrewlickley

I will be waiting for a break and retest of market structure high before going long on gold to $1560. Simple set upsets see how it plays out...

andrewlickley Updated 

idea for usdchf

andrewlickley

After a week or so away from trading I am back at it. Here is my analysis for USDCAD. Price has failed to break through resistance @~1.3330 multiple times telling us a reversal may be incoming. We can also see the ascending trend line has been broken and price is currently retesting, sitting in our 4H order block and just above the 61.8% retracement from the...