I'M ALREADY IN A SHORT POSITION BUT IF PRICE RETRACES UP TO MY SELL ZONE I WILL LOOK AT PRICE ACTION TO ADD IN ANOTHER POSITION AND TARGET 0.75000. I STRONGLY BELIEVE WE CAN GET TO THERE IN THE SHORT TERM BECAUSE THE LABOUR MARKET IN THE U.S KEEPS COMING OUT GOOD WHICH WILL HAVE INVESTORS/TRADERS SPECULATING A RATE HIKE AS EARLY AS JULY. ON TOP OF THAT AUD...
Setup for Gartley Pattern with completion @ 1.14870 with structure on left side. T1 @ 1.1402 T2 @ 1.1352
Good potential trade setting up on the 4 hr chart. Great risk/reward ratios. 1.4 on the first one and 1:5 on the second trade. Happy trading :)
Bearish Crab. Parabolic Sar getting closer to reversal. RSI is in overbought territory. Stop Loss - 1.90964 Short Entry - 1.90556 Target 1 - 1.87811 (6.8 to 1) Target 2 - 1.86145 (11 to 1)
Pound has been in a strong up move against AUD and is likely to rally up to 1.618% extension after we break through the previous high of 1.93033. The market is likely to encounter little to no resistance after 1.9033, good place to buy for those conservative traders as a surge to the next support level of 2.0200 which comes in at exactly 1.1618% extension is in...
I took this Kumo-break trade on the 4hr chart for usd/jpy and already moved my stop-loss to break even(where the red horizontal ray is at), I will manually move my stop-loss accordingly to the Kijun Sen. I got my eyes on the monthly resistance as profit target(monthly pivot) and i set my take profit target even with last uptrend spike. Would you still look to...
We are at a significant level to go short for GBPJPY, knowing that AB=CD we would have a nice final Profit target around 175, re-order you'r stop-losses as it goes down to the ideal target.
BC would go to the 38.2% retrace area from the latest big move IF the Move ends in the 161.8% target area, Wich is an Extended target from previous Big move.
Well another short opportunity that I see with an AB=CD pattern. I have a short order at at the 61.8% Fib (0.8139) Explained the technical aspect for the trade on the chart =D Meets my personal guidelines in regards of Risk/Reward for entering trades. A/U is still bearish as it continues to make lower highs, and lower lows, so lets see if price agrees with the...
Long entry on 1.4410, target is 1.4525, while i set my stop-loss on 1.4350.
Counting the bars, it seems that the new highs will accelerate and things will happen on the 4th, The chart seems to be moving upwards right now just because there might be interest in having the auctioned coins being sold at a higher price. Given these circumstances, its more likely that the price will go up rather than go down, not to mention the fact that we...
USDCAD looking for a nice long bounce in the upward channel. The reasons I am looking to focus on buyying on this quick dip: 1. Long and Firm upward channel. Just bounced off the bottom of the channel line. +2 2. MACD is downside below the 0.0 however it looks to be crossing now and will be heading up. +.5 3. Fractal was just made signaling a turn around of the...
A breakout is getting ready to happen
The Yen has been building in strength through the summer. Here price has entered in to a small range(within a larger downtrend), with price being rejected at the .618 fib retracement and the resistance line, which created a confluence of resistance. Recent candle wicks show rejection at the 101.800 level, so I suspect this retracement may becoming to an end. ...
Possible Bearish Gartley Pattern Looking to complete at 0.94904 (AD1270)
Double Top at Resistance level RSI Bearish Divergence Close below Double Top Structure level Waiting for 0.618 FIB Retracement for entry...