michaelk631

michaelk631

I think AUD/USD has a bit more downside potential, Shooting star with an MA cross over to the downside on the daily, We had a break and re test of weekly support turned resistance with no candles able to close above it, hopefully it will follow down to the D1 extension off the FIB

michaelk631

Just a quick update for XAU/USD in my opinion its still Bullish we have plenty of confluences; -Hammer candle on the daily forming -tweezer tops on the 4hr followed by a bullish engulfing candle -counter trend line also broken with price failing to make a lower low -a break and re test of weekly resistance turned support -Fib retracement was close to the 50% SL...

michaelk631

Just a quick EUR/USD short Weekly and daily PA showing downtrend, MA's crossed to the downside with a re test of resistance at 1.07500 hoping to head down towards the D1 fib

michaelk631

I think AUD/USD will continue up towards 0.7750, we have MA's crossed to the upside, a hanging man candle on the 4hr and a break and re test of 4hr resistance at 0.76500 tp 0.77102 SL 0.76300

michaelk631

XAU/USD LONG I think the bais on gold is still bullish, we had a break and re test of weekly resistance along with a higher low created, Could potentially head up towards the 1265 mark

michaelk631

I think the bias has moved from Bearish to Bullish on this pair, We have a Bullish engulfing on the weekly candle stick followed by a reverse hammer/dragonfly doji, on the daily time frame we have a trend line break and price rejected support from around the 118.00 key weekly level. On the 4 hour we have a retracement to the 32.8% Fib then price has shot up, so...

michaelk631

Quick update on EUR/JPY think it has reversed from bearish to bullish, Bullish engulfing on the weekly timeframe followed by a sort of reverse shooting star/dragonfly Dojo forming, there is a trend line break on the daily timeframe, Price rejected support at 118.2, MA's are crossed to the upside with a retracement to the 32,8% FIB now is price is shooting towads...

michaelk631

Candle sticks unable to break through Weekly resistance at 1.6250, Break out of consolodation with a Bearish Engulfing, MA cross to the down side followed by a Hammer candle stick presenting a bullish reversal

michaelk631

EUR/USD short Hanging man candle on the daily, retracement to the 50% Fib, Dragonfly Doji forming on the 4hr, hopefully it will continue down to monthly support at 1.0500

michaelk631

Just a continuation of my previous idea I have moved my stop loss to my entry @119.6 so its a free trade, retracement to the 50% fib so hopefully it drops down to weekly support at 118 pretty quick Criticism welcome

michaelk631

Seen EUR/JPY break down down through monthly support re-test now i'm hoping its gonna make its way down to the weekly support at 118.00

michaelk631

Just a quick long on XAU/USD See how it plays out

michaelk631

USD/CAD short, See how this plays out hoping for it to make its way down to monthly support at 128.00

michaelk631

Plenty of confluences spotted Trend line break Re-tracment to the 61.8% Fib Hammer candle formed at the bottom of the downtrend rejection at monthly support 1.0500 Any criticism much appreciated for a novice trader thanks

michaelk631

Daily up trend, hopefully heading towards the weekly resistance at 1.10975, fib retracement to the golden ration at 61.8% hopefully hit D2 See how it plays out

michaelk631

Gold/USD Spotted a hammer candle forming on Friday, MA Cross,, fib retracement to the 50% fib, waited for the candle to close then went long, expecting for hit to push towards the d2 extension 61.8 % fib

michaelk631

NZD/JPY short

michaelk631

Potential short following basic trend analysis and support and resistance, waiting for the trend to battle along the trend line then wait for a bearish candle then go short. Any help/criticism much appreciated for a new trader