So what I forecast: the old demand zone the left was strong which broke the strong supply zone with a nice rally to the upside 1.25xxx ( potentially taking SL above 1.24xx). The newest trend line which I draw on the rally was broken also taking out two zones on the uptrend line ( first zone and second zone). When the market dropped from 1.25 projected till...
Trade Based on the below confirmations on 1.Weekly buy orders filled with the confirmation of 4HR pin bar candle or rejection filling buy orders at 1160 to 1162 2. Daily price creating new highs 3. 4Hr nice pin bar and price has completed one fib extension of the previous move and correction is completed 4. In addition 4H nice bull flag. 5. Last but not the...
Simple price action monthly fib extension target met.
Price has tested an uptrend line and got some rejection Divergence on 4 Hours with rejection candles Price has not broken new low, instead has created new low high. In general this is reversal trade. Also CHF was strong for a long time now time to go down for chf.
Market approaching structure zone weekly, monthly Its a 1000pips trade trade safely Set buy limit
Its a 1500 pips trade Trade safely- Trade already active.
Hello Traders, I see a nice pin bar/ price rejection on last weekly candle. I am setting a sell limit order @1.52192 and TP is show in the chart. Trade safe.
Hello Traders, GBPNZD has completed one big elliot wave and now i see new bullish move is in action. TP and SL are shown in the chart This is 1400 pips risk and 4000 pips reard trade.
Details explained on chart. simple price rejection trade setup trade setup
AUDCAD migh touch the trend line
Simple Price rejection sell setup. I am already in this trade since last week. Trade safe guys
Simple price rejection trade, SL and TP are shown in the chart. Set SELL limit order at 1.00034 and SELL stop order at 0.99634 with same SL and TP Trade safe guys
Looking at the daily and weekly candles, the price is indicating a revesral from the long donwtrend on weekly. I also see a potential elliot wave forming. Trade safe guys.
A Bullish shark pattern is completed and price is moving as per the pattern. SL and TP is shown on the chart 150 pips risk and 650 pips reward Trade safe guys
Looking at price action and after a strong downtrend was broke by first impulse wave and completion of corrective wave, I see a complete elliot wave in formation. Wave 3 has started with a singal of bullish price action. At the same time NZD has been week with most of the pairs. Trade can be entred after market open to see if there is any retest of any broken...
This pair has been going up for weeks and weeks and I have been waiting for it to fall. In comparision GBP with other pairs has slowly shown strenght. My analysis and why i am taking this trade. First a very clearn price rejection candle on 29 August 2017. After these a very strong bearish candle Price is bearish since than. Also price has tested previous high...
Looking at the daily chart, i see a reversal coming.
Looking at the pair on weekly and daily and 4H I see a potential reversal taking place at the moment and we can a potential longterm oppurtinity Price was unable to break the previous daily and weekly structure support-1.62465 on 4H price has boken 200SMA and currently retesting on monthly timeframe the price has been falling for the last three months CAD news...