Support setup-AUDUSDPrice hitted daily support level. We can expect some rebound in this pair till bearish hourly trend. Then, if price breaks it, we can project it till 61,8 of fibonacci retracement.
Supports
#AUDUSD - Moving up after testing the supportHi everyone! Just wanted to share this idea and the technical analysis with you. Looks like the price is following the weekly dynamic (moving) support level and recently we have witnessed another bounce from that support level. My expectations regarding this pair are the same as before. I still want and hope it to reach 0.77783. Green lines display my vision of the forthcoming price movement.
EURUSD approaching 1.06300 (important critical level)Will resistance be respected or ?
- Major bullish engulfing candles in the mix.
- EMA's look like they may cross soon indicating a change of trend.
The next candle close could tell us what we need to know.
USDJPYEntered this live trade.
Sl - 113.900
expecting a 59+ pip decline in the asian session.
TP at 113.00 , we may possibly dip lower , lets see what happens
GbpAud hesitating near big support.After suffering a great decline and lasting a few days consolidating GbpAud finally made some significant movements up, in my case, no operation will be open until knowing its next step since that support there has been quite strong in the last weeks, perhaps it'll retest it again and fail in which situacion I'd go for a sell, but if the 4 hour candle closes above it then it will be a clear indication of a bullish continuation.
We'll see what happens.
USDCAD, probably longA very important zone was reached,wait a bit for the rebound or the breakout. Remember this week will have tons of FED conferences and the Canadian interest rates.
"Be always aware, trade safely, succeed"
treasure map elliot wave , supports resistance targets analysistreasure map elliot wave , supports resistance targets analysis
CHFJPY Channel Re-test BreakoutLong setup of the re-test of the channel line
Low risk trade with stops right below previous structure at 103.90 area
gbp/usd: 2 ways we can attack the marketAfter the brexit, the GBPUSD has been consolidating, trading sideways, that is a great scenario to trade between the structures, in this case in particular we have a 115 pips wide range where we can either buy at @1.2968 or sell at @1.3084.
Depends on which gets filled first
The best opportunity for us is the short one, because it has a significantly major level of structure
Treasure map exceptional , targets supports resistance Treasure map exceptional , targets supports resistance
Daily gold overview I will try to monitor and post in comments section every day my view on gold. And call some trades for future if I see them. I will use for this just candlestick analysis and daily weekly monthly swing highs lows as well as some trend lines to prove for my self one more time how important those pivots are in trading no matter you long term trader medium term or inraday. Hope somebody will find some ideas what can by used in own trading system.
GBDUSDPossible 200 - 300 PIPS on a long, 0.5 Fib acting support together with previous structure.
Good RR
Happy trading
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using parallel channels and volume indicators for entries.As you can see in the chart for $ARQL i yet again used channels and volume indicators to help good entry points for both long and short positions, when looking at the RSI you can see that this company was very oversold, im waiting for a parallel channel break and increase in volume to make another entry.
wallsthooligans.com
CADJP Y_ FIB Levels Consolidation Price is inside the decision zone , i think may be it will reverse due to the following reasons:-
1- Double bottom in lower time frame.
2- Valid structure level.
3- RSI oversold.
4- 1.618 Fib extension for AD Leg.
5- 0.764 Fib level for BA Leg.
6- 0.618 Fib level for CA Leg.
7- 0.500 Fib level for EA Leg.
Where we are, where we go... i'm a bear hereTriggered at strong ResistanceH4, i've a short position with target near ResistanceW1 (now support).
Synced with the 61.8% level of Fib Extension from A to B, and looking back the structure on daily chart, we can imagine a possible retracement to the 23.6% level of all the move from Support W1 to ResistanceH4.
Eventually, breaking ResistanceW1 (now support), it can fall to a larger movement to SupportD1 level with the nearest target close to the 50% extension (something like 50 pips from resistanceW1), last TOP from April 29, and then the fall, if not a false break, to the 61.8% fib retracement.
Wishes of profitable trades.
Breakout Daily Level + Pullback and Long Entry posibility !We have a nice Breakout at Daily Level, pullback with Hammer at Support in H4 + bullish engulfing H1 + doble bottom M15!
Multi-Timeframe confirmation!
Very nice Long opportunity!
EUEJPY LONGRight now we can see that the price has hit a key support level. I predict this will be the start of a bullish trend.
