Hi
im going to Put down what is in my mind in this new thread.
Good Luck
Gp
Looking forward to seeing your trade ideas and thoughts. Best of luck!
[B]hi everyone
EURESD H4
a + divergence with MACD so an upward trend has started.[/B]
Daily time frame a bullish shark pattern is complete and this is another sign for a long position.
but its better to take the long position after the price passes the first resistance at 1.3441
[B]hi everyone
there is a good chance of moving in an upward direction for GBPUSD in daily time frame.
however if the price breaks out the trend line, there is the possibility of touching the next trend line.
hence providing that the price bounces up, a lone position can be a good option.
[/B]
be happy, make happy
[B]hi
USDCAD is in a decision making status. the price is moving between an upward and a downward trend line. [/B]
[B]in 2 or 3 hours, after the statistics have been published, a break out would happen either in the upward trend line or in the downward one. that would be an excellent moment to decide to take a long position or short one.[/B]
[B]be happy, make happy[/B]
[B]after the double top patter the downward trend has started. after the the disappointing statistics the breakout occurred. if the price remains under the upward trend line for 1 more day then the price will plunk down to the next fibo level which roughly equals the classic target of the double top pattern.[/B]
[B]Hi everyone
GPBUSD daily
after the breakout at around 1.66700, the price plunged down more than 160 pips and touched the next support at 1.64591 which is the target of the bullish shark pattern. in the following days, we have to wait for any reactions of the price to the support.
[/B]
[B]hi
EURAUD weekly
For those who would like to take long-term long positions.
After a negative divergence, the price has dropped down sharply. now its moving towards the upward trendline. price reaction to this supporting point can be the potential strating point of the wave 5 which can be at least 1000 pips long.[/B]
[B]hi
EURUSD Weekly
it seems that Euro is going down to the support level somewhere at around 1.28400. and will touch the upward trend line till the end of the month. at that point Euro is probably going to get part of his strength back or its going to dive down. clearly, until then its dropping down.
[/B]
hi
GBPUSD Weekly
the pair is being traded on the support line. losing this support leads to another bottom at %50 fibo around 1.6000
Hi
USDJPY Weekly
USD is probably going to depreciate in a week. the last time that the price touch the trendline, a negative divergence occurred and JPy appreciated.
history is going to be repeated. providing that USD depreciates, it will touch the bottom side of the triangle.
hi
AUDCAD Weekly
it’s losing its support. providing that it closes below the upward trendline-which is likely to happen, the next target could be somewhere around 0.95500.
You are providing good signals to trade, but I am afraid your analysis is too easy. Try to use other RVI in combination with S&R I think it will look much better.