Downside movement possible if respection of the TL occurs. Confluence with 61.8, flat div. on LTF Trend continuation. May be a possibility to buy after if the price action completes the harmonic pattern.
The Wyckoff cycle is a well-known price cycle that is really powerful. In 2 years of trading, I never saw anything that close to it, at least not on a higher timeframe like the daily timeframe . It is clear as day! That being said, could we consider an upside continuation for 2018 ? USD would continue to lose value, pushing the price up? EUR would go up as well?...
AUDNZD News Idea, fib level and run off 1.618 rejection and then upside movement. long on all AUD/X.
GBPAUD fib and run idea 50% fib rejection, AUD News upside movement, so the pair GBPAUD goes down. I'll probably be long on all AUD/X pairs, therefore, short on all X/AUD pairs.
Short EURAUD Prime entry one the TL. Fib levels? AUD News at 7:30 EST, forecast: AUD long
AUDCHF fibonacci entry plan Long on all AUD/X pairs
AUDJPY News Idea - fibonacci level and run to the upside Long on all AUD/X
long on all AUD/X pairs Trend line structure, retest and long? We'll see how this one moves.
AUDCAD News Idea -1.414 and run to the upside Long on all AUD/X Pairs
Trade continuation trade, really simple. For my friend Laurent.
We have a trend line structure in this setup, a descending channel. On the 240, we have a M peak formation at its 2nd leg, and in that 2nd leg, we also have a M formation on the 15-min, a timeframe that I use to enter my trades. CADCHF is then a pretty good short opportunity. I'll be short from 0.7815 and I'll have a SL around 0.7825. If the trade hits my SL, I'll...
4 to 5 completion trade. Trading intra-wave structure in the falling triangle.
Short Gold 4 to 5, RSI H&S, TDI High, Resistance
61.8 rejection and supply zone. Perfect rejection of the trend line, wicks shows bearish pressure. Let's get these pips.
-Pivot point rejection (R4 Weekly) -Bear Pressure shown by wicks in both H1 and H4 -RSI Overbought and Divergence
I'm overall long on this pair. On the one hour chart, there's a nice pivot point reaction + resistance level reaction, as well as bullish pressure on the candles. For these reasons, I bought AUDUSD at 0.7589.