The System Behind the System, by Merlin Jeffries 16 replies
Off Road (Continued) 24 replies
EURUSD Road Map (K.I.S.S System) 32 replies
Road behind....road ahead. 10 replies
Would you trade this system? New system #2. 10 replies
Dislikedhi guys... I was looking at the charts and I wanted to share my view on GBPAUD for the next week... First, weekly chart. Last week buyers tested a previous support that turned into resistance 3 times. Being unable to pass this level, the weekly candle ended like a spinning top and a possible evening star pattern. Other factors that make me think that the price will return from this level is the RSI and Stoch divergences (although not completed) and the fact that we are on the 5th wave of an up move. {image} Looking at the H1 chart, I see that price...Ignored
Disliked{quote} Thanks for sharing. I don't trade GA because of heavy spread, but I will try to share my point of view. We need to remember that ascending triangle is a bullish formation, therefore I would wait for another confirmation such as break of triple top formation to go short. So significant level will be at line I drew, where you can see probable end of 'e' wave IMO. If price will bounce from that level, price should break ascending triangle also and go further north. If not price should go south as you said. {image}Ignored
Dislikedhi guys... I was looking at the charts and I wanted to share my view on GBPAUD for the next week... First, weekly chart. Last week buyers tested a previous support that turned into resistance 3 times. Being unable to pass this level, the weekly candle ended like a spinning top and a possible evening star pattern. Other factors that make me think that the price will return from this level is the RSI and Stoch divergences (although not completed) and the fact that we are on the 5th wave of an up move. {image} Looking at the H1 chart, I see that price...Ignored
DislikedEURUSD M1 Maybe it's interesting to watch this, for scalping long. {image}Ignored
Dislikedhi guys... I was looking at the charts and I wanted to share my view on GBPAUD for the next week...Ignored