i would like to have a your opinion about this chart, my idea is based on MACD, RSI convergence and broken trenline the price tested the fallen trendline and it failed, i think it will touch previous minimum at least thanks ang good trading
sorry for the mistake i made before this is the right one i think the structure could be a nice bearish deep crab with perfect rejection at 0.886 XA movement possible PRZ between 0.382 and 0.50 with target at 1.618 XA what do you think guys? i think i will go long from point C to D and then short for the big move
i think the structure could be a nice bearish deep crab with perfect rejection at 0.886 XA movement possible PRZ between 0.382 and 0.886 with target at 1.618 XA what do you think guys? i think i will go long from point C to D and then short for the big move
i see this scenario. i would like to have comments thanks a lot
hi, i would like to have some comment about this possible double bearish pattern. the butterfly has a target around 1.27 and 1.618 the bearish crab could be a short term pullback for then go long to the butterfly target
i think that 1.618 is going to push the price back to the 0.618 fibonacci at 177.564
what do you think about this pattern? this is my first study i will appreciate comments
is it possible to see an H&S pattern close to TL? i think that NZ house prices could be a problem for the nation and RBNZ could be pressured to move in some way
we closed the day with a nice hanging man/shooting star and it failed to go above the yesterday's high. hoping for a gap down, i think i will go short at around the today's close and i will aim for a new low or at least 400 pips movement. the only thing that concerns me is a possible RBA cut on monday night i hope monday will close below today's low
this is my possible trade idea. GBPAUD gaves signs of trend inversion in h1 and h4 forming lower lows. my idea is, if the daily candle closes as shooting star, to place a sell order at the 50% retracement of the hugh shadow aiming for the 0.618 fibonacci level and see what happens there
possible H&S with formation of wave 3 with at least a target around 84. whatch this level in order to see triple bottom formation good luck
possible H&S formation in daily with neckline/support shown in daily and h4 possible target around 176.00
we are in a descending trand and my counting about elliott wave showes the possibility of a drop in order to form the 5th leg down. RSI showes a divergenge with a candle forming a shooting star i think that the minimum target will be the previous low around 89.30 and even lower AUD is going to be pushed down by RBA and Japan won't act in next meeting