The price on AC makes a fakeout above the daily resistance zone (red zone). Price came back and broke under the zone while over sold (see RSI) Price is retracing towards our strong resistance zone making a rising wedge, while doing thet the RSI Rises as well. Waiting for some rejection or bearisch pressure to get in this trade. Take profit is set on the 1 and 4HR...
ALL ANALYSIS ARE MADE USING ONLY PRICE ACTION, NO INDICATORS. MULTIPLE TIMEFRAMES ARE INVOLVED BEFORE TAKING A TRADE. ==> FIND THIS USEFUL?: LEAVE A LIKE AND FOLLOW ==> OTHER THOUGHTS?: COMMENT SO WE DISCUSS ==> PLEASE TAKE NOTE!! DO NOT SET LIMIT ORDERS. GET IN ONLY WHEN YOU GET THE GO SIGNAL FROM PRICE ACTION
AUDCHF 4H Market Overview Possible Sell opportunity, Strong rejection from Resistant area, Finally price reached the resistance line of the Flag and is finding resistance. Possibility is very high for a downward movement than for an upward one Manage Your risks Accordingly. Traders! if you like my ideas and do take the same trade, please write it in the comment...
Bullish momentum has been fading in this market, we also have RSI divergence. 1st target is 2:1 RR, overall targets is the previously broken LH
AUDCHF Showing great potential for a 50 PIP drop. We have recently seen price reject the strong level of resistance on the 4hr chart. Alongside side this we can also see that price is respecting the 0.50 fib level at previous times along the downward trend and finding a good resistance at this level. Due to a recent break of this level i can see price retesting it...
hi traders, price is now at a nice daily resistance level, i expect a pullback to the 0.382 fib region
Pair : AUD/CHF TF : H4 Target : SELL RR : 1/4 Entry : Sell Limit at SWAP ZONE SUPPLY Exit : At the last Swing Low for TP, Premature Exit TP : Price counter break Mid BB SL : Above SWAP Zone Supply Remark AUDCHF price now currently on bullish term, heading towards the swap zone supply. I already place a limit sell order in Liteforex Broker. Lets hope ALLAH SWT...
👋 Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE have sell conformation: - Trend was broken. - EMA's give us SELL signal. - Candle close below ASIAN session. 💡 Why should you follow our profile on...
Hello Traders! ------------------------------------------------------------- 🚀Sell Execution according to the market.
AUD - BEARISH 1️⃣ IHS Markit survey showed Australian manufacturing activity declined to 54.2 in October from 55.4 in September, as coronavirus-driven lockdowns in parts of the country continued to hamper economy recovery. 2️⃣ Expectations that the RBA will cut interest rates in November. CHF - BULLISH 1️⃣ Safe-haven demand as coronavirus cases continue to...
I will be entering this Monday morning break and retest in a downtrend, also a pull back to the .786 fib. 1% risk always follow proper risk management 😊