Looking for a Potential Long in EURCAD if the lower support trendline of the channel holds. However if there is a clear break then look for shorting opportunities if there is impulse selling or if there is a retest of the lower trendline. BOC rate decision at 15:00 GMT could very well make or break this Ascending Channel. Happy trading :)
EURUSD just bounced off resistance as seen in the chart. Good opportunity to short right now and make some profits!
NZDUSD m30 is in an upward trendline currently and it might bounce down a little before continuing its journey upwards.
Potential Cypher Pattern that can bounce of the current trend line for a swing up. Ugh, just awake. Little mistake. The right ratios ->
We are seeing some bounce in the oil with talks between OPEC countries. This may have some legs to go up to 46
Here we can see gold has hit channel resistance. Expecting a break or bounce back towards channel support. Lets see how this plays out
Look at what happened during the pre-shock "market dump test" in August. Look at what happened to the real move at the beginning of this year in Jan., Feb. The market bounces like a ball, even on the way down I think at the moment we will bounce for a few weeks.
After the third touch a retracement followed to the downside and I expect it to hit the channel for resistance around the fib 0.236 level and then move long towards the next fib level at around the 127.8 price level
I wouldn't be surprised by a bounce tomorrow: Historical support & linear regression support Check chart for more thoughts. Very important level
The JPY's have been mostly bullish lately, so my guess would be to the upside. The next news events might help make a push to either side.
$TRTC CNBC NEWS + 200MA BOUNCE BREAKOUT
$TRTC NEWS + 200MA BOUNCE + BULLISH 3YR TRENDLINE
$TRTC 200MA BOUNCE + 3YR BULLISH TRENDLINE
Reasons For -We formed a triangle formation having multipale bounces on either side -We broke to the upside -We have got our retest which is key in my strategy and has put in bullish movement -Price has put in bullish hammer and then followed by two strong bullish candle clearly showing momentum to the upside Daily -We can see 3 bullish candles we are in...
USDJPY bounces off horizontal trendline. Expect it to continue bullish trend.