USDJPY Failed again yesterday at the 110 handle, a huge psychological level for the pair, it also sits on 61.8% fib from the jan to march sell off. we now have a double top forming, i have set a sell stop at 108.5, as if the double top neckline breaks we'll potentially see it fall to fresh 2018 lows. Have we just set a new lower high on the daily? could we be ...
Hello
This pair could make a move to the downside after breaking this zone i will look for entries on the smaller timeframes.
https://www.tradingview.com/x/1piapd9u/
Quite a few people are saying BTC is now out of down trend, however if we turn on log view in the bottom left, it still has not crossed the big resistance.
A lot of big traders use the log view, therefore if we cross around the $8500 range, I would then like to think we are out of the down trend and prices could rise quite quickly.
Any one that knows me, knows I ...
Financial news is something I avoid in general. However, the major events in the news like talk about war is one that I pay attention to. Wars generally sends markets south for a few weeks to months.
The markets have been very nervous of late as there has been the beating of war drums, to launch an attack on Syria. I'm not interested in whether there will be a ...
My second live TA attempt. TA expresses falling wedge pattern with bullish targets based on updated Fib retracement - slight amendment on the buy zone from the last chart. Initial stop-loss is included. Now with MACD indicator and updated aesthetics.
reverse shoulder head shoulder was made. Still in bullish position, how ever you look. If price will hold, push up is inevitably.
1D MACD is bullish
Bad scenario still exist, fall down at $6k or lower...
Price reached the highs of September 017 forming a double top, here we could see a reversal but weak USD data means that it won’t be as straightforward as we may have thought. I will keep an eye on this pair
After the Euro weaking towards the end of last week on the news of the QE programme been extended this has created the break of the neck line on the daily H+S pattern. Please await confirmation of a continuation and see how the market opens tonight see how investors have reacted to the news of Catalonia's independence.
Thank you
Trade_Like_RyRy
I am Currently going SHORT on this pair and taking 1.38000 as my overall target.
On the Daily Time frame here we have seen a Head & Shoulder Formation with price recently breaking the neckline and finding some Support just past the Monthly Key Level of 1.46000. I was expecting a pullback to have a retest of Resistance before Sellers taking back over and this ...
SHORT AUDNZD.
The price has hit resistance after a bullish couple of weeks.
Confident that we will see a BIG SWING SELL down to atleast the lower band or possibly support.
