GBPAUD Big Move ComingWe see a wedge with this pair, but with the more long term support, and the change in the head of the Reserve Bank of Australia, we could see a rise. If the pair breaks above the wedge, it has support, and will continue to run, maybe up to 2.0. If the pair goes below the wedge, then it will also have to go below the long term support, which means we are in for a drop of maybe 700 pips.
1hour
EURUSD- One Hour Trade Setups1 hourly and 4 hourly are heading toward a strong daily resistance area coupled with a supply area. Although we see the supply area tested many times, it is holding. Overall bearish daily outlook. The 1Hr has broken its steep uptrend, now we just wait for 4Hr trend line break. Once this is confirmed, we will look for the ideal 1hr retracement or breakout trade to the south.
GBPAUD / 1HR / GARTLEY PATTERN @ MARKETVIDEO: www.youtube.com
GARTLEY PATTERN
PAIR: GBP/AUD
TIME-FRAME: 1HR
TRADE: GARTLEY PATTERN
Looking at the AUD/JPY 1 hour and
waiting for a potential Bat Pattern.
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
EURJPY / 1HR / POTENTIAL BAT PATTERNBAT PATTERN
PAIR: EUR/JPY
TIME-FRAME: 1HR
TRADE: BAT PATTERN
There's a potential Bat Pattern forming on
the EUR/JPY 1 hour time frame.
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
USDJPY / 1HR / POTENTIAL GARTLEY PATTERNGood morning traders, Philip here. Hope everyone has had a great holiday
and new year. Let's get back into action to start off 2016.
I have a potential Gartley Pattern here on the USD/JPY 1 Hour time frame.
Orders have been set and we continue our Daily analysis over the pairs.
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
GBPJPY / 1HR / POTENTIAL BAT PATTERNBAT PATTERN
PAIR: GBP/JPY
TIME-FRAME: 1HR
TRADE: BULLISH BAT PATTERN
We are approaching this bullish bat pattern and
I'm looking for a long entry here at @ 169.700
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
BUY GBPUSD at channel bottomBUY GBPUSD at channel bottom
(Analysis Based on 4H and 1H charts)
Criteria
1. Up trend on the 4H chart
2. At channel bottom
3. At daily support level
4. RSI was oversold at channel bottom
5. Slight hidden divergence
NOTE: Wait for price action to confirm the importance of this level.
SELL EURUSD between 1.110xx and 1.113xx SELL EURUSD between 1.110xx and 1.113xx
(Analysis Based on 4H and 1H charts)
Criteria
1. Down trend on the 1H chart
2. At channel top
3. At daily support/Resistance level
4. Advanced harmonic pattern (Bearish Bat)
5. RSI > 60
NOTE: Wait for bearish price action to confirm the importance of this level.