Confluence Areas - Technical analysis - all pairs

Hello everybody,

the target is to share here all the ideas regarding the Technical analysis, to find good confluence areas where we can get some pips and make money.

As per Technical analysis I mean Fibonacci levels, S&D zones, round numbers, trendlines, Andrews Pitchfork, patterns, pivot point and other many things that can show us good areas to trade.

If we find more targets from different methods in the same area, it means that the area is strong and we can get a trade with high probably of success. The strategy is to find these areas and wait for the price there for a change of direction.

Please, post here your charts and share your ideas.

Notes for this week.

CAD: today is holiday there, and on Wednesday the news regarding the BOC rate. So, it' better stay out on the pairs with CAD at the moment

GBP: Brexit vote is next month, but rumors can create big and quick moves...so tight stops on these pairs. Brexit is important also for EUR pairs.

Here we see EURGBP, daily.

We can see a H&S on the daily chart.
Two option for the neckline (orange and white). The price tested the white one.

Long term view, at moment seems that is better don't long it until area 0,7550 - 0,7520. In that area we will get the minimum target for the H&S, the 50% retracement of 2 different swings and some good support/resistence levels. In the next days, wait for the price in the confluence area (blue rectangle) and study lower time frame to find a good long entry.


Lower time frame, in the next hours we can just try to open some short if we see that the price tries to test some resistences (could be an idea the test on the orange neckline if the white one get passed), area above 0.782x is good, price action will tell...


Keep an eye on it.

EURJPY
Busy chart!
Area 122,0X-122,20 has good confluence with Fibonacci numbers. An AB=CD. Trendlines forming channel. On H4 is possible to see that the area is also a S/D level.

USDCAD
(1,320x???)

Gold

For who loves harmonic patterns...
Area 1217/1219 seems to have good confluence, also some pivot target...
Let's see

GBPUSD
Usually, for this kind of swing (so powerful) the correction is between 38% and 50%.
The area 1.4540/1.4550 looks good for a long entry....

Good reaction. Not sure, but I hope we can get 1244...

Very good reaction here. The move started before get the target, means that the pair was very over-sold. At moment I don't see clear area for possible reverse. Waiting for the price action tomorrow

AUDUSD
Good Fibonacci confluence, AB=CD, S&D...

Tight stop, I don't like the last candle...

Stop loss in profit at +12
For me today is over....

Notes for this week.

- Today holiday for GBP and USD.
- On Thursday ECB Press Conference (Draghi can kill the market).
- On Friday NFP.
- Every moment possible rumors on USD rate hike.

Not an easy week...

GBPAUD
Possible ideas with Harmonics (my favourite method).

GOLD
I like area 1195/1194. Hope to see bulls there...

GBPUSD
Waiting for the Cable in area 1.4475/1.4495

One more time

No time to study in these days. But I just found a good area where probably many bulls are waiting for the AUDUSD

Well done Ad-Maiora I'm subscribing to your thread. Can you elaborate more on those horizontal line area and what they stand for