Right now, I have no suitable reason to avoid this trade. Every single parameter I check before entry, all are positive in this setup. # Multiple time-frame pitchfork support. # Multiple time-frame MACD Regular Bullish Divergence. # Multiple time-frame Stochastic RSI "Over Sold" # Bullish Harmonic Pattern. My Facebook Page: web.facebook.com
This pair is inside a short range and for me, the range is nothing but a "Bull Flag" on the Daily. Hope a massive bullish rally is waiting but for now we have a small bullish opportunity on this pair. I will wait for the price to break the pink tread-line (as shown in chart) to the upside to take a long position. My Facebook Page: web.facebook.com
Suddenly found this nice long setup. Everything is looking almost perfect. Just a small retracement/pull-back needed. So, wait for the entry, don't rush. Patient will prevent you from getting hurt. My Facebook Page: web.facebook.com
Found a Nice Long Setup for NZD/CAD. Multiple Time-Frame Bullish Divergence @ Key Support Level. Like My Facebook Page: www.facebook.com
There are many reasons- 1) Bearish butterfly in daily 2) 2hr Stoch RSI Over Bought 3) 2hr MACD hidden bearish divergence. 4) 2hr uptrend line break and re-test
# Recently broken a trend-line from the March 2017 low to the down-side. # Bearish Harmonic Pattern. # MACD Hidden Bearish Divergence. #Stochastic RSI "Over Bought"
Gold/USD is at Confluence of Resistance & this creates a nice short setup on this pair. The Confluences are: # Pitchfork Resistance # 61.8% Fibonacci Resistance # Bearish Harmonic Resistance. Confirmation for Short Setup: # MACD is diverging in multiple timeframe # Stochastic RSI is "Over Bought" in multiple timeframe. My Facebook Page: www.facebook.com
Last time, the AUD/JPY trade did not qualify. But it's better to be in the sideline rather than loosing right? This time, the trade is already qualified . We can enter now. Confluence of Support: # Equidistant Channel Support. # Multiple Bullish Harmonic Pattern Support. # Pitchfork Support. Confirmations for Entry: # MACD Regular Bullish Divergence. #...
Multiple time-frame analysis gave me this awesome long setup. Enter after a pull-back as shown in the chart. Trade Safe. Cheers.
There are several reasons why I have decided to buy this pair now. # Daily Chart Horizontal & Pitchfork Support. # Daily, 4Hr, 2Hr Chart MACD Hidden Bullish Divergence. # Daily, 4Hr, 2Hr Chart Stochastic RSI "Over-Sold" # 2 Hr Chart Harmonic Pattern Support. Like My FB Page:
Buy CAD/JPY after a retracement/pullback as shown in the chart. Respect the Entry, StopLoss & Take Profit Zone . Hope, this will be a nice trade. :)
After a through analysis, I have found out a potential shorting opportunity for EUR/NZD. We should wait for a pullback before we sell. The pattern which is actually looking like a Head & Shoulders (SHS) is actually called a "King's Crown" . A SHS is called a "King's Crown" when the left bottom is taken out by the right bottom. You can start selling @ right...
Reasons: Bearish Head & Shoulders @ Confluence of Resistance in higher time-frames. Stoch RSI is now "Over Sold", so a pull-back is needed for further bearish continuation. Past support should become future resistance and here we get a 61.8% Fibonacci retracement level as confluence. Trade Safe. :) Follow Me on: Twitter Like Me on: Facebook
During "Trump-Russia" issue this pair did show a big drop. Many analysts advised to short the pair. For a short term perspective, that was OK. But what I'm seeing is- this pair dropped to gather momentum for a larger upside push. Currently, USD/JPY is inside a weekly triangle(Blue). My current Daily A-B boundary is showing a bounce at 50% fibo confluencing with a...
A bearish Bat pattern is seen in the EUR/USD Daily time frame with a confluence of trend line and horizontal line. May be this is the time for this pair to close the retail gap created during the French Election.