naykhanttrader

naykhanttrader Updated 

Short term Downtrend line(Channel) break and retest . At a key support level (also broken above a psychological support level of 0.7000) index analysis - DXY is overextended , forming a shooting star last friday and might retrace back (Bear Bias) and AUD is near a support level ( but neutral ) candlestick confirmation - Bullish engulfing entry on 1hr tf

naykhanttrader

DT break and retesting Forming a bullish engulfing HTF Uptrend line tested and bounced INDEX analysis- USD is at a FIB retracement 31.8 and ST support level .Might bounce and can go back up to Uptrending channel top line . ( Bull Bias) CAD is near uptrend line ..BREAK or BOUNCE ? Who knows... Elliot wave forming wave 5.

naykhanttrader

- 1H downtrend line break and retest - forming a bullish engulfing and a hammer . index analysis - AUD forming a hammer on D1 (bull bias ) & JPY is near resistance , lets see whether it'll break or bounce off . TP till FIBO 61.8 and a horizontal S turns into R. BTW, I'll trade every Idea I publish but its up to your own risk .

naykhanttrader

Uptrend line break and retest . HTF downtrend line testest. Curreny index analysis - GBP bear bias and USD bull bias ( forming a bullish engulfing ) forming a bearish engulfing on GBPUSD. SL 2ATR away which is 55pips

naykhanttrader Updated 

Minor Downtrend line on H1 Timeframe Break and Retesting DXY is over extended due to TA POV so it might retrace back and hence I assume XAUUSD pair will rally. Can consider for long position once it breaks above Minor and Psychological support level of 1800.

naykhanttrader

Downtrend line break and retest support level + fibo between 0.5 and 0.618 & fib time zone as well . Index analysis on mataf - EUR can bounce off support (Bull Bias) & GBP breaks out of strong support and currently retesting (Bear Bias) .