Dislikedyes! remember the symm/support level? oh my!
Now, can you see the potential H&S we could have on the Euro (h4)?Ignored
This is what I m talking about in EU.
Forex Ideas & Comments 18 replies
Fibonacci thoughts & ideas.... 13 replies
DislikedThis is what it's all about! Goes straight in my playbook collection.Ignored
DislikedIt seems that AUDUSD has found some exhaustion and is under consolidation.
It could be forming a diamond that would crown and uptrend that was born on the beginning of June.
There is also a confirmed bear divergence on the H4 chart. An IW short could have been the choice to enter short today betting on further expansion south of the weekly range. This would be a trade based on R:R since I personally would not consider it a high prob setup.
Here is the projected formation.Ignored
DislikedOr, exactly like last week ( however MMOTW was up las week), buying @ Sym level @ ~1.0522 would be a high probability setup. Only thing lacking to be a very high prob. setup would be the MMOTW be up.
On the other hand, AUDJPY had the exact same repeat setup with an entry at Symmetry @ ~82.75 which now became support and was last weeks high, as last week. This is quite amazing I might say. This too is a high probability setup. Even higher due to the fact the MMOTW is up.
Therefore, trend, proximity to the high of the week/month and the main...Ignored
DislikedUSDCAD was a great ID 18.4 option. If it will work or not, it's up to the market. However, it was an above average probabilities trade.Ignored
DislikedDid you sell about 14.00 (time on chart) yesterday before it made an new bottom?Ignored