USDCHF SELL EP: Now 0.97450 or around Red Zone box if retrace. SL: 0.98000 TP: 0.96300
Currently at short-term swing low. Will retrace a little bit to the red zone around (0.99400) following stochastic climbs before falling to 0.98800.
Find buy opportunity now at EURUSD. Wolfe Waves technique at attempt. TP1: 1.1300. News: EUR/USD to advance nicely towards 1.13 by year-end – Nordea
GBPAUD H4 is making a Bearish Flag for retracing less than 25%! Short! Measure the pole 1 and TP1: 1.74330 All the best!
Short GBPJPY. TECHNICAL ANALYSIS: Support becomes resistance aka SBR. EP, CL, TP as drawn. You can set SL: 10 pips. You can short immediately once market has open. If once profit, don't forget to set breakeven. Trade at your own risk. Cheers. All the best!
I am 75% Bullish about AUDUSD. TECHNICAL ANALYSIS ================== Just a little Bullish push from Weekly Double Bottom, AUDUSD will be inside a Bullish channel and continue Uptrending. FUNDAMENTAL ANALYSIS ===================== Date: 3 FEB 2022 The Reserve Bank now sees core inflation breaching 3% for the first time since 2010, before settling around 2.75%...
When Bullish Bat appears, it is more confident to Take Profit. TP1 is 0.382. TP2 will be 0.618. The early entry can be at the Bullish Engulfing at the bottom. Because of the trend has manage to break 0.618, it is successful to about making a new Bullish trend here. This tutorial come with Analysis. :) Look for Buy opportunity now. Let's ride this...
I am trying out a technique called Wolfe Waves. You can google WW to learn about it. Technically, by using this technique, oil will be back to ~70, into the trend. Then, the number '5' here shall be a fake break out. Fundamentally, the current war may have a positive worldly-meaningful expectation soon. The drop-into-the-trend may look crashy. We will hear a...
I am shorting this pair. EP, CL, SL, TP as drew. Can find entry around retracement area 50 - 61.8%. Wait a Bearish Engulfing at H4 for stronger confirmation. Let's ride this trend!
Reason: -Uptrend channel -DXY is too Oversold. -Inflation.
TF 30 Mins. This is an example of Bearish Flag . It happens very recently. The consolidation is very tight. Retracement is just less than 25%. Not so deep. This is called as 'Low and Tight Flag'. If this is bullish flag, we called it as High and Tight Bullish Flag. This pattern is where you can grow your account largely (with risk-calculated). The size of TP...
GOLD . FTR is taught by Hanzo, taught by ForexFactory forum user/ forex enthusiast: redswords11. Now, it is new to me. Let's see if my charting works. The concept is: FTR is base 2 that break base 1. Base 1 validated by FTB. I am sharing a golden knowledge here. Need a lot of practice. :) Acronym: FTR = Fail to Return FTB = Fail to Break #XAUUSD $XAUUSD $GOLD #GOLD
Symmetrical triangle is my least favorite pattern. It is the trickiest. I am biased to Bullish side. But Monthly chart reach Overbought. Not like-ish this month of Feb. Movement is getting tighter and tighter accumulating strength... to break which side? Any break and retest, shall impact on commodity first before currency. WAR = $$$ down NO WAR = $$$...
Reason: Bearish Weekly Flag TP: Measure size of Pole 1 TP: ~0.64000 Average Entry Price: ~0.67000 SL: 20-50pips. Good luck! If this is helpful, consider to follow and share this analysis to friends. Thanks.
My reasons: Classic Reversal Pattern, Head and Shoulder at H4. Huge Bearish Engulfing on H4. Confirm better by break below neckline, climb and reject below neckline. Average Entry Price: > 90 SL: 92.00 TP1 : as in the pic (Measure the distance from Head to Neckline) TP2 : '' TP3 : ''
Reasons: Break Rising wedge chart pattern Average EP: 1.07500 SL: 1.07700 TP: 1.06300 R:R: = 1:6 Appreciate your thumbs up and kind comment in advance! :)