fx_kieha

fx_kieha

Buy stop placed, waiting for a call, trade won't be triggered if the resistance zone isn't broken

fx_kieha

We at a S/R zone waiting for the buyers to take over,we are placing a buy stop order above

fx_kieha

1)Major support trendline is broken on lower timeframe 2)We have reached weekly supply zone 3)We are starting to make lower lows indication of a reversal 4) Ichimoku cloud support has broken •WE WANT A CONFIRMATION FROM THE LOWER SUPPORT ZONE,IF IT BREAKS,THEN THE ORDER WILL BE TRIGGERED•

fx_kieha

we reached a weeekly supply zone which was frequently broken now we waiting for a push to the monthly supply zone

fx_kieha

We reached a high supply and demand zone on the various time frame,we wait for a reaction to the candlestick

fx_kieha

There is a bullish flag forming on the H1 chart and we saw a reversal earlier which means that it is heading on a bullish run

fx_kieha Updated 

At the moment buyers are in control of the market,In the daily chart - support has turned resistance now it is going to retest,at the M30 we see a formation of head& shoulders where the daily support is retesting

fx_kieha Updated 

Trendline support

fx_kieha Updated 

Resistance trendline

fx_kieha Updated 

We see a five wave count and now we want to see a corrective ABC pattern

fx_kieha

At the moment buyers are in control of the market,In the monthly chart - support has turned resistance now it is going to retest,on the daily chart there is a trend line forming on the chart.Now we waiting for the impulse move to the zone then a bearish movement where the sellers take control of the market.Any ideas,feel free to share DISCLAIMER:use risk management}

fx_kieha

EURCAD has been on an uptrend as seen on the Weekly,we drew the support trendline, then we jumped on the daily to identify the HIGHS&LOWS on the daily chart.And since we saw a bearish movement we keep in mind the main trend is bullish,we are waiting for the sellers to push the market downwards before the buyers come in to gain the momentum to the daily highs.We...

fx_kieha Updated 

We are at the major support and resistance, wait for confirmation of the candlestick

fx_kieha

First,we notice a formation of LL & LH which is a notification of a downtrend.The major support was broken and now its resistance also there is a trendline acting as resistance zone .On the 4H chart we see clearly what is happening-rejection of the Fibonacci at the 0.50.We have inserted an indicator which acts as a dynamic resistance(red)

fx_kieha

There is the five wave count...now it's retracing the 0.618 zone to form the third wave... let's see how it turns out

fx_kieha

NASDAQ had broken the trend line and now its retracing downwards,will it continue with the bearish movement?lets see...it was analysed on 5min

fx_kieha

there will be a false breakout and then the trend continue

fx_kieha Updated 

THERE WAS AN UPTREND WITH A CORRECTION AND IT HAS HIT THE TREND LINE SUPPORT GOING FOR LONG BUT WE WAIT FOR CONFIRMATION