According my analysis i got entry for GBPAUD LONG. Usually i split position in 2 parts and when first TP is hit, i change SL for second position to break-even. SL and TP #1 you can see on chart. About second TP - it's not fixed. I do separate analysis about exit point. Disclaimer! This post does not provide financial advice. It is for educational purposes...
According my analysis i got entry for USDCHF LONG. Usually i split position in 2 parts and when first TP is hit, i change SL for second position to break-even. SL and TP #1 you can see on chart. About second TP - it's not fixed. I do separate analysis about exit point. Disclaimer! This post does not provide financial advice. It is for educational purposes...
According my analysis i got entry for AUDNZD SELL. Usually i split position in 2 parts and when first TP is hit, i change SL for second position to break-even. SL and TP you can see on chart. About second TP - it's not fixed. I do separate analysis about exit point. Disclaimer! This post does not provide financial advice. It is for educational purposes only!...
I did some analysis with fib's and EW. According that EURUSD now is in wave C, witch can reach max. 1,2041 (look at my previous analysis in related ideas). But when we look in daily chart then we see that AB=CD, and it's possible that this impulse is over. EURUSD also break some important trendline and it's usually that consolidation is following after that. After...
According my EW count in weekly chart im waiting for one more pullback. Pair reached top of trendline.and is in consolidation. If it breaks to downside it's good oportunity for sell. In weekly chart this pair also is in downtrend.
When you look at monthly chart you can see that EURGBP already reached bottom of long term channel 1. According to my EW wave count short term downtrend is over; 2. Divergence in MACD 3. Bottom of channel
USDCHF made a breakout but at the same time it reached top of longterm trendline. There also MACD and RSI divergence in play. This trade is with small SL (some pips above last high, I set my SL @ 1.0105)
I do my analysis using Elliott wave strategy. According my analysis we now are in fifth wave of cycle started in 2009: But looking in shorter time frame we now on wave 2 of wave 5. Also MACD shows convergence between high of wave 1 and last high, so i think that now we have entered wave C of wave 2.
In next days i'm looking to buy AUDUSD. My entry point is is near blue trendline and SL is below orange trendline. Follow me for updates.
some small sell setup for EURCHF. Sell only on breakout, if this pair makes one more pullback, we can get better RR ratio
According my analysis it's time for EURUSD to go up. Why i think so: 1. Bottom of parallel channel; 2. Two different fib's at on price level - 1.382 and 1.618; 3. MACD divergance; 4. Stochastic indicator - oversold; 5. My long term analysis also shows, that's is time to go up :)
In longer term i'm looking for long, but for Monday i see some good entry to sell EURUSD
In long term im looking to buy USDJPY, but now it started some small pullback. USDJPY broke short term trendline and 55 EMA and now is in consolidation. MACD also show divergance for previous high and small convergance for this new low.
I put some old trendline (started 30 years ago) -> full chart here postimg.org According this channel it is possible that there will not be any parity.
Look at my EURUSD scenario for next month
Yesterday SILVER didn't broke long term downtrend and now im looking for pullback to bottom of channel. There also divergance in play. Sell on breakout
EURUSD brake trendline from March 2015 and started to consolidate, but be aware, there also is divergence in play. In accordance with my long term analysis i think that downtrend is over or it very soon for this.
According to my EW analysis EURUSD-1.24% is ready for pullback - it's possible that wave B is ended and now its time for wave C (from wave 4). Usually Wave C length = wave A and Wave 4 can't go beyond wave 1 (1,2041).