Hi Everyone, further long moves incoming imo.
1 Hour Time Frame: ABC corrective pullback completed (Right Split Screen)
4 hour Time Frame: Formation of a channel being created as of now (Left Split Screen)
Please see my previous 2 chart ideas which have been some good trades. More information revealed in there.
In my previous idea i've stated from the start of the long movements up that we may get a 190-550 pip movement LONG.
Could go higher, or price may reverse in the above reversal zones. we will see how price moves.
Keep in mind that we have NFP tonight (I may not be able to stay up but i'll lock in some profits with a stop and let price do as it pleases)
I will try to update all related chart ideas as we go along.
Please LIKE and Follow for support. Thanks :D <3
1 Hour Time Frame: ABC corrective pullback completed (Right Split Screen)
4 hour Time Frame: Formation of a channel being created as of now (Left Split Screen)
Please see my previous 2 chart ideas which have been some good trades. More information revealed in there.
In my previous idea i've stated from the start of the long movements up that we may get a 190-550 pip movement LONG.
Could go higher, or price may reverse in the above reversal zones. we will see how price moves.
Keep in mind that we have NFP tonight (I may not be able to stay up but i'll lock in some profits with a stop and let price do as it pleases)
I will try to update all related chart ideas as we go along.
Please LIKE and Follow for support. Thanks :D <3
Commento:
Looking for break above from here.
Commento:
Commento:
Commento:
Watch the 4 hour candles too!
Commento:
Watch the 4 hour candles too!
Commento:
12 minutes until NFP. We are in a trading range area. Price decided to reject off the upper band. Not enough volume before NFP to drive the price up and BREAKOUT.. Indecision between bulls and bears also. We are at a critical mid point area to decide whether to go up or continue the correction down.
This entire area, even if you zoom out on the 4hour/daily, there's confusion on direction. Up and Downs. More potential trading ranges on a bigger time frame. At this moment i'm approx 113 pip in profit. I will place protection measures and lock in some profits in a safe spot in the case that NFP drives price down.
Remmeber also that we are in a trading range so failed breakouts are probable. Hoping for a breakout with a lot of volume entering.
Getting tired so will be off to sleep soon everyone. Happy Trading !! :D
This entire area, even if you zoom out on the 4hour/daily, there's confusion on direction. Up and Downs. More potential trading ranges on a bigger time frame. At this moment i'm approx 113 pip in profit. I will place protection measures and lock in some profits in a safe spot in the case that NFP drives price down.
Remmeber also that we are in a trading range so failed breakouts are probable. Hoping for a breakout with a lot of volume entering.
Getting tired so will be off to sleep soon everyone. Happy Trading !! :D
Commento:
Highlight shows a possible reversal and B wave completion. Might see some strong moves down and potential breaks.
We have 2 trendlines down here too in black, coinciding at the bottom of this trading range for a bounce/failed breakout.
Lets see how price plays :) Fun
We have 2 trendlines down here too in black, coinciding at the bottom of this trading range for a bounce/failed breakout.
Lets see how price plays :) Fun
Commento:
Many Resistance and trendlines here. Rejection and probable up moves. Lets see if it breaks out too or fails.
Commento:
4 hour candle switched from strong bear to nice bull so far, Looking for it to close well and follow up with a strong bullish candle afterwards.
But remember we are still in a trading range At the moment (on the smaller timeframe, however looks strong to breakout)
But remember we are still in a trading range At the moment (on the smaller timeframe, however looks strong to breakout)
