ARFXC

ARFXC Updated 

Best time to go long after long time of choppy PRICE

ARFXC Updated 

Overall bias for GBPAUD is bearish 1.Numerous reasons 2.Firstly making lower lows 3.clear down trend 4.The pound is weak 5. Break of key level 2.0000 6.Break of strong trend line 7.Bearish candles Wait for retest if you want a better entry :) Happy trading

ARFXC Updated 

Overall bias is Bearish -Firstly we have bounced of key level of 1.7000 -we have broke trend line based off 4 hour time frame -We had a small retest -I do believe we will break previous lows -Previous four hour candle was a bearish hammer -A lot of wicks to the upside Off the daily -We can see huge wicks to the upside on the Ket level -Yesterdays candle...

ARFXC Updated 

GET READY FOR A DROP -clear break of trend line -re test of trend line -Bearish engulfing of trend line to confirm strong area of RES -Also confirms momentum

ARFXC Updated 

For analysis go to my other setup CHF/JPY which is basically the exact same setup as they both correlate and And both have the same reasoning behind them Altho on this Pair we are bouncing of Strong key Level of 125.00 which is a even stronger confluence my entry 125.45 Remember this trade is Risky simply because its counter trend

ARFXC Updated 

Reasons for -Long term downTrend Which has been making Lower lows And Lower HIghs And i feel like weve made a new Low at a key area and are ready for a small reversal and correction before we see any more bearish movement -We have hit two KEY trend lines and have shown support and looking like we are getting bullish momentum -As we can see by previous candle we...

ARFXC

After a 2% Loss from the previous trades its time to get it back ! -Break of trend line -Looking to break the lower lows and lower highs cycle -Alot of momentum to the upside

ARFXC Updated 

Reasons for -Firstly on the four hour we are in a area of congestion and sideways -We are making lower high -we have bounced of major long term trend line on the four hour with a Bearish candle -Previous candle was a doji -Also we created a corrective structure to the upside and we have broken it -So we are ready for the next impulse move to the downside -Not...

ARFXC

Reasons for -Firstly we have broken a strong trend line -We have bounced off 0.5 FIB level numerous times and its held strong -The previous 12 hours (3 candles) have been engulfed by this past candle -This shows us momentum to the upside -We made a new high and i believe we will test that high if not break that high and make a higher high -We are also up...

ARFXC Updated 

Reasons for -On the four hour we have been testing that upper trend line for some time now and price simply aint breaking it -Also we are putting in Lower Highs A sign of change of trend and a reversal -We also have broken our Wedge to the downside which confirms bearish momentum -We have also Held at the 0.618 Fib levels numerous times from the highs high on...

ARFXC Updated 

Reasons for -After huge move and break out of box range a week ago price has risen and become very bullish -Therefore i believe it will continue to rise till 1.15000 -To confirm is bullish strength it has made higher highs -And higher lows -Creating a structure -Also on the four hour we can see a long bearish wick to a downside which shows more buyers then...

ARFXC Updated 

Reasons for -As you can see we have Lower highs and lower lows -This shows us a clear down trend on the daily Timeframe -We have bounced from our key level at 2.00000 and have found some bullish momentum -As you can see we also have our trend line underneath Price -So essentially we are still up trending on the higher timeframes -The past day put in a long...

ARFXC

Reasons for -We have broken our 4 Hour trend line to the downside -Therefore we have broken structure and i 100% believe that after the break we are headed down -We are going to get a impulse wave and this is a strong setup - after all the long term trend is bearish ! Yes weve had two small losses but we are going to make it back on this one ;) Also this is...

ARFXC Updated 

Reasons for -Firstly we are up trending on the 4 hour -We are making higher highs so to signify uptrend -We cleared key level of 0.7000 -We are trading above the Key Level -We are due for a new higher high and a impulse move to the upside -We also have come to the trend line and has show Strong level of support -Also on the trend line we have reacted and...

ARFXC Updated 

Reasons For -We are now down trending on the 4 hour chart -We always want to trade in the direction of the trend -We are making lower lows and lower highs -We are trading below key level at 1.4000 Which we broke with a strong downside move -If we put a Fib in from previous Lower high to the new Lower low price is reacting to the 0.618 Level -Sign of retrace...

ARFXC

Reasons for On the 4 Hour -We have been bearish since the trend line putting in nice big bearish candles -We have broken our counter trend line -We also have nice long wicks on the upside -This shows me there is more selling pressure On the daily -Firstly this is a long term trade -We can see price is down trending on the lower time frames Always go with...

ARFXC Updated 

Reasons for -Firstly on the 4 Hour time frame we are up trending -There is a major trend line above us so therefore i believe that is prices next level before any bearish movement -We are making higher swings after coming down to our Trendline below price which is acting as support -We have clearly seen a reaction from this trend line acting as support as you...

ARFXC Updated 

Reasons for -Firstly as we can clearly see we are in a Triangle formation -We have had multiple bounces from the Bottom trend line which is now acting as Support -The previous Four hour candle was a doji on the trend line -Now this 4 hour candle stick is forming a nice big bullish candle which signifies Bullish momentum from Trend line acting as Support -We...