firdausalim
For all Wave Z hunters, the big move is about to come. Bears should enter now with wave B now completed to go all the way down. Bulls can also join in or wait for completion of Wave Z
Looking for divergence on lower time frame before we enter long
Larger timeframe corrective structure looks good for going north and lower (H1) timeframe looks good to enter a long trade now.
All CAD pairs are temporarily weakening before full strength reappears to drop most of their major pair. For this one in particular, I'm entering straight upon market open ONLY IF price open with a gap down.
Usually, a currency moves so extensively before market close there will be a gap upon market opens. I'm expecting a gap down but the price will temporarily go up to complete its structure before we enter the trade to the downside.
Retracement is ready to enter long with 200pips target.
The structure is broken for one more down before bigger structure takes over to the upside. Price failed to rebound on both 0.618 fib extension of both mid and long-term structure signaling bearish momentum.
The recent breakout to the downside confirms fake. We are waiting for the full retracement to complete before entering trade
Will be shorting this pair once market open depending on how big the gap is... Confirmation are on hidden bearish on MACD lines and regular divergences on the histogram
EURAUD bull trend running out of steam.... Set pending orders 30-50pips above highest wick with another 50pips SL as insurance. Small risk, big reward
Setting my pendings at 0.382 with SL several pips below 0.5
Bearish continuing divergence on the histogram with with false break confirmation. First leg formed and waiting to enter at at .328 or 0.5
Set your pending lImit orders...
A setup to short was invalidated by a bullish candle... and a failed signal is a signal nevertheless.
Based on higher timeframe, price can go lower than the actual TP planned.
Time to go short now.
Bearish divergence on the MACD histogram. targeting 0.382 fibo