From looking at structure with a top down analysis I have placed some areas that I see price most likely coming to both short term and long term. I have placed an alert at 0.92197 to see if price gets to my POI for a potential long position.
best time to take trade now 1:2 risk to reward ratio
best time to take trade now 1:2 risk to reward ratio
Based on previous analysis the entry has hit, follow along! ALL THE BEST!
* 100 DMA resistance * 1.13 XABCD * 0.93500 is strong resistance for upside * RSI divergence on 4 HR * HEIKIN ASHI DOJI on 4HR * Bollinger squeezed on 1 HR * Triple top pattern on 1 HR
AUDCAD is quite bearish! Potential down move can be seen next week once the market is open. Enter on intraday timeframe. ALL THE BEST!
full support and demand analysis with major trend lines
Do you know Support and Resistance is not a Price, It a Area (Range) . Every time price came to this Area (Range) it respected the Area very well as you can see in the chart. Rule :- Whenever support is broken its become resistance. And when Resistance is broken its become support. Hit Like and follow for more future updates.
* ABCD 2 pattern * RSI divergence on 4HR and Daily chart * Initiate buy after channel break * 0.91 handle is a multi year support * Stop loss at 0.91100 * ADX crossed 20
head & shoulder formes also DAY and WEEKLY candles also favour to this pattern try. may it's working 50% because today Friday weekly may influences the market so cation with the stop loss
Last week onwards, waiting for this move. still waiting for LONG run. Use proper risk management.
Note :- Given trades are educational purpose only . Trade at your own risk .
waiting for BO on AC to take a trade. 70% chance for long (BUY)
There are two possibilities in AC. Mostly waiting for a Long run (BUY).