forexlens

forexlens

This is a great intraday setup, while we are still long on EURCHF & GBPJPY.

forexlens

Another long opportunity with great R:R ratio as we come off the 1.12xxx psychological level. The pair is presenting significant bullish candles on the lower time frames. There may be a slight retrace before the next leg up, so be aware.

forexlens

A long term swing opportunity has appeared as Theresa May is set to step down in the coming weeks, we may see the GBP regain some ground against the majors.

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We're currently coming off support @ 0.65xxx region, showing signs of buyers as we retested & rejected this critical zone. This trade has an excellent R:R ratio, however risk management should be applied as always.

forexlens

Entry is now or you may wait til Sunday. Note: This is a swing trade, so adjust your position size accordingly.

forexlens

Market order GBPUSD BUY NOW 1.27308 SL 1.2680 TP1. 1.2830

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There are 8 Major Harmonic levels on any chart. Each level represents the hardest and stiffest form of support/resistance when prices get to those levels. They should be the most difficult value area to cross above or below. Where Ethereum -1.23% is currently trading is the last stand. The final castle. It is the Alamo and Thermopylae. The 1/8th Major Harmonic...

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If we follow the general rule that the length of a consolidation zone is generally mirrored by an equivalent move in price, then the target range is 1.078 for XLMUSD -2.76% . As far the time frame that it could reach, the longest time period should expect the move to take is until Jan 19th, which is the end of the current time cycle. However, given FinAstro...

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People advocating shorting are one (or more) of three things: 1. New traders who decided that right now was the best time to short (probably because they have been in painful long positions). 2. Trolls. 3. Malicious. Regardless of what fancy schmancy theory you trade, just use some logic: Does it make sense to short a market that is already down 80% from...

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Bare with me a second while I explain this really quick. But before I do, get out your magic 8 balls, chicken bones and some dice or whatever, cause this is going to get really weird. I utilize Financial Astrology in my trading. Financial Astrology is nothing but mathematical psychology based on astronomy. Or just correlating historical price behavior to the...

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The image you are seeing is a rare (only because not many people use it) and old form of technical analysis from WD 0.07% Gann's work: the Square of 52. The Square of 52 is a 52 week time cycle that begins at an important high or low, in this case the all time high of Bitcoin -5.56% . What we have here is the exact center being traded, and it's at the bottom of a...

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Even though the past couple of days have had some selling pressure, Bitcoin 0.65% has still maintained a short-term bullish phase and is still operating within a bullish bounce off of some key levels. There are some important zones coming up we need to watch. As a reminder, the wavy red horizontal lines represent the longitudinal position of the planet Saturn....

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A bullish bat pattern is within range for Bitcoin -1.50% to complete, this bat pattern is from March 31st - July 1st, a 90-day cycle. If we observe the market geometry in the Square of 144, we see a strong support zone of the 1x5 angle as well as the 2/8th MAJOR harmonic pivot at the 5600 value area. Let's also review the time cycles 1. End and Beginning of a...

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Time is the reason for trend changes and price action. 1. Trends do not change due to sentiment. 2. Trends do not change due to news. 3. Trends do not change due to Tweets. 4. Trends do not change due to dynamic areas of support and resistance . 5. Trends do not change due to a moving average crossover. 6. Trends do not change due to oscillators being in...

forexlens

Time is the reason for trend changes and price action. 1. Trends do not change due to sentiment. 2. Trends do not change due to news. 3. Trends do not change due to Tweets. 4. Trends do not change due to dynamic areas of support and resistance . 5. Trends do not change due to a moving average crossover. 6. Trends do not change due to oscillators being in...

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The price action certainly confirms a number of cases for a bullish outlook, but more than that: The 49 day cycle. I've written about the power of this cycle before and the importance Gann made with it. The 49-day cycle is what he called the 'Death Zone'. He said this because trends often find strong reversals from blow-off moves - which is exactly what we have...

forexlens

The price action certainly confirms a number of cases for a bullish outlook, but more than that: The 49 day cycle. I've written about the power of this cycle before and the importance Gann made with it. The 49-day cycle is what he called the 'Death Zone'. He said this because trends often find strong reversals from blow-off moves - which is exactly what we have...

forexlens

Following the Rule of Angles from W.D Gann's work, a break below this structural angle would indicate a profit target of the 1.34 zone.