AUD/CHF is now creating HL & LL i see the price pushing up to 0.69549 where i see the price moving down to the -27 which lines up with the channel. This will be a long term trade. ------------
To properly illustrate a level of liquidity where an opportunity to buy or sell may be present, simply draw a horizontal line from the latest wick or swing high/low and extend it all the way until it intersects with price again. Happy Trading Traders.
Gold will sell off from this price down to 1920. Huge move with big rewards. Happy Trading Everyone.
Price has now broken the counter trendline, i can see price making a retracement to 12078.5 after we will take a long position targeting the -27 Fib Level. ------------
AUD / USD is coming to an interesting level on the 4hr and Daily timeframe. If the prices breaks the trendline i expect a fall to the downside if it doesnt i expect more of a push to the upside. Also if you like my analysis please give me a thumbs up and a follow! What does everyone think? Comment in the section below.
Here is some useful trend changing patterns to look out for, for me these are the easiest two to spot in the markets when starting out. I hope this information has been useful for some people coming across it. If you liked my educational post please hit the like button and give me a follow, this gives me the motivation to create more educational posts in the future.
This was my trading set up from the other day! Price respected the 61.80 level and then moved to take profit. This is my trade of the year so far :)
Price has reached to the trendline and fib - expect the price to now reach the previous low. Please do your own analysis before taking any trade.
I am starting to document my new set ups for 2021 with a few tweeks in my strategy. The 78.6 level is acting as support so i can expect another push to the upside and the 6 month high matched with the -27 level for the tp. Please do you own analysis before taking any trade. Thank you. If you liked the analysis please give me a like and a follow :)
This pair broke the trend line yesterday i expect the price to pullback to the 61.80% level then continue down. Please do your own analysis before taking any trade.
Price has tested the 61.8% level and i now expect the price to move up.
As you can see the 78.60 level and at the trendline line, this is on 2 trendlines acting as support, i expect the price to go up from here.
S & P has hit a critical level on the trendline. Is respecting the 61.8 level, I expect the price to fall to the -27 and -68 levels. MACD could also be creating the crossover. Always do your own analysis before taking any trade.
Pattern is forming a perfect Inverse H&S. As you can see there is support on the 61.80 level. I expect the price to drop to 27136 and then push higher to the TP1 & TP2
Market has created the Simple M and has respected the 61.8 level. I think the price with now push higher to the -27 level. Always do your own analysis before taking the trade.
This is my analysis on USD/CHF - As you can see the market is forming the Inverse H&S pattern and the 61.8 fib matches with the trendline. Also support at this level. Always make your own analysis before placing any trade.
Price is repecting the 78.6 level and TL, i expect the price to push up further.
Wait for the price to reach the TL inbetween the 78.6 and 61.8 level then go long