


natron
PremiumHey traders, here's my analysis for USDCHF. Let me know what you think.
I'm studying advanced patterns right now and I think I found one! This is my first attempt at trading them. I'm already in the trade, but I'm sure there will be more opportunities to enter.
I thought it would be fun to share a backtesting video. Video time is limited so I couldn't get a full session recorded. I know technical analysis is only part of the picture but this is a fun exercise.
I thought it would be fun to share a backtesting video. Video time is limited so I couldn't get a full session recorded. I know technical analysis is only part of the picture but this is a fun exercise.
We're expecting more weakness in the CAD and strength in the JPY today.
We're expecting more weakness in the AUD and strength in the JPY today.
Long AUDUSD. We're expecting more strength in AUD and weakness in the USD in the short term.
Long AUDCAD. We're expecting more strength in AUD and weakness in the CAD.
Why I took the sell? In a down trend pound has been weak Large engulfing candle that broke below all EMAs Pullback that rejected emas as resistance. Double top "M Formation" at the yellow ema Pending order set. I think I can get at least 40 pips out of it. Taking Partial profits at 40 and letting the rest ride for a while.
Just my attempt at predicting future price movement.