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USD/CHF pair a bearish Candlestick on 4H Chart

Hello guys
After a long run upward the USD/CHF pair form a bearish Candlestick on 4H Chart I will go for a sell stop at 0.9766 and a take profit at 0.9736 the stop lose should be good at the level 0.9829.
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GBP/USD Breaks a Down Trend on 4H Chart

Hello guys ,
A 4H GBP/USD pair candlestick has closed above a strong down trend , which gives us a good sign that the pair will continue rising . But I think it is better to wait for a daily close above the trend line to entre a buy trade to a target TP: 1.4055 ans a stop loss at SL:1.3830.
4H Chart Close :
You could open a buy trade or Wait for the Daily Close upper the trend line :
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GBPUSD 4H chart daily review 14.01.2018

GBPUSD has just moved outside an ascending trend line.This offers the opportunity to short the market for a quick counter trend move, even a trend reversal. Stop loss should be placed just above the current trendline - the green rectangle area and the take profit at the most recent swing low - the blue rectangle area.
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GBPNZD long trade opportunity on the 4H chart

GBPNZD, as can be seen in the 4H chart below, has recently been moving in a down trend within a 5 wave elliott count(wave 5 still in the making). This leads me to believe that there could be soon some good opportunity to go long this market.
I expect the price to go a bit lower for the wave 5, breaching the trendline formed by the previous lows and also testing the lower support area. When the prices reach these levels I would consider going long with a primary target at the green rectangle are…
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EUR/USD


Let's look at the chart here in the image (Weekly chart) , where i drawed the purple lines , we see that the price falled down (first line) wich created the first impulsion of this down move, then the price did a nice correction and hit the 61.8% Fib's level (second line) wich is a strong level for reversal and fall down again to do the seconde impulsion as shown in the image.
After the breakout, the price entered in range where i drawed the big rectangle , So let's see what happened there in …
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fqtalix avatar
fqtalix 12 Oct.


( 2H chart) ; so here we can see that the price has broken the 1.17970 as i mentioned in the analysis and go up to do a nice impulsion , there is a hight probability that the orice will do a correction and hit 61.8% Fib's expansion and retest the breakout  aprox 1.18017 ( same level ).
so here there is 2 entry for who want to benefit again ;
-place a buy limit at 1.18017
-buy at the breakout of the impulsion 1.18800

Look at the image i drawed an orange line where the first hight probability target wich is 1.19360 (127.2% fib's level of the implusion ) .

thank you.

fqtalix avatar
fqtalix 12 Oct.

I will do updates  each interesting price movement .

fqtalix avatar
fqtalix 12 Oct.


(4H chart) For more confidence about the hight probability target at 1.19360, look at this image we will se what happen few days ago . you can see an impulsion and correction drawed with yellow lines after a little range ( Red rectangle) the price has broken to form the second impulsion,(correction exeeded  61.8%Fib's retrac so we expect a week movement after breakout).
We can see the seconde implusion hit the 161.8% Fib's expancion level where i drawed the support level, that cofirm this level is hight prob for reversal.

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fqtalix 12 Oct.

Resume: What is intresting about this is the 61.8% expasion level of the first impulsion is at the same Price of our hight probability target . The price pulled back for a correction after he hit the bottom of the range where i drawed the red ractangle , and the seconde impulsion will hit our 1.19360.

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More of the Same for the Turkish Lira

I expect to see more of the same in the EUR/TRY. The pair has been trading range-bound on the lower timeframe 4 hour chart, as the picture below clearly shows. There were several attempts to break above the 4.16 - 4.17 resistance area, with no success.
On the bigger weekly chart (below) we're seeing the same price behavior. Here too price is bouncing against important resistance and again it is the 4.17 level, same as on the 4h chart.
Because of this timeframes confluence I don't think the pair …
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Swedish Krona Stays Flat in July

The Swedish Krona stayed mostly flat during July. The pair opened the month at 9.62 and closed it at 9.55. In percentage terms this is only 0.73%.
The chart above shows that this range narrowed further during the second part of the month. During this time-period the EUR/SEK moved between a low of 9.50 and a high of 9.62. But most of the time was spend in the middle of this range doing nothing.
On the longterm weekly chart above we see that the current smaller 4h range in right in the middle. In …
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19 JAN 2017 | GBPUSD BUY

Hello fellow community members,
Today GBPUSD seems to be consolidating after a strong up move. I have placed a buy order in the pair with stop loss below the day low as the RSI and 50 periods moving average are supporting the pair.

GBPUSD 4H CHART


  • MACD is showing buy
  • RSI is rising.
  • Stochastic is also buy mode.
Any suggestions or comment about the trade are welcome.
Happy trading to all.
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BRENT CMD is at the BONCE area for LONG

BRENT.CMD
PREDICTED PRICE: $47.35
The Oil has reached a Bounce Level which is acting as support
There are 2 potential Support levels Identify as:
  • Closing Price of Sep/02/2016, at $46.72
  • Low of date Sep/02/2016 at $45.38
DAILY CHART:
Chart shows 2 potential levels of Support, this could be a bounce back up points.
The MACD Histogram indicates a possible move up convergence
4 HOUR CHART:
Chart indicates mainly a possible convergence developing, the first support was reached and shows a small bounce
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Alexander22 avatar

great

brilliant avatar
brilliant 26 Sep.

good

Vlad73 avatar
Vlad73 26 Sep.

nice

rudolf avatar
rudolf 27 Sep.

goodone

GammaBurst avatar
GammaBurst 30 Sep.

Great!

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100-Pips GBP JPY & CHF JPY

The GBP JPY could give us a 100-Pip trade in the next 12-24 hours if we see a good signal on the 4H Chart. This would be in response to the Daily Chart signal already given at the Resistance boundary of the large Pennant. Giving us a heads up that this is likely to happen was the positively correlated CHF JPY that had a very similar setup last week.
DAILY CHART - CHF JPY
The trade would have involved entering at the close of that Daily bearish candle, placing a Stop Loss at the high of the ABC …
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