Nice bullish weekly trendline buy opportunity on AUDUSD.
Weekly TL, higher low, stop loss below fib 0.786
Looking to see price climb up to new higher highs at 0.71100 which is where the fib -0.27 extension level is.
I am looking to long AUDUSD if a few criteria rules are met.
A break of the bearish trendline and a higher low forming would be a nice entry. Price has bounced off the 0.68500 support zone once again and I think the 1hr bearish trend could reverse now.
Look for price to break and retest the trendline and 1hr 50EMA.
USD weakness going in to the rest of the...
Looking to short GBPAUD now after the nice 1hr rejections forming at 1.89 level.
4hr 50ema and multiple fib levels to act as resistance.
Nice sell off last week and after this early consolidation I am predicting price to sell off once again. Aiming for the support zone at 1.86750 for my first profit target which would be a 1hr lower low on this trend.
After buying US Crude for many weeks, we have seen one final push up to highs of over $65 per barrel this week before the news died down and it appears we have avoided WW3.
Price has now broken the intraday bullish trendline and made a nice lower low on the 4hr timeframe.
Option 1 = Pullback in to broken TL, lower high to form, reject the 0.618 fib and $63 price...
I am anticipating new all time highs to be made again next week on the US30 and other equities.
Trendline, fib 0.786 and 28,500 key support level holding price now.
Long term target is DOW TO 30k baby!
After recent success buying AUDUSD at 0.68500 and trading it up to 0.70, I am now looking to wait for price to pullback again before buying. The bullish trend seems well established with multiple higher highs and higher lows forming.
My ideal entry price is 0.69200 where the bullish trendline and intraday support/resistance zone over lap. This is a good zone...
AUDUSD long position now entered. My intraday position is to take this long trade up to new 4hr higher highs at 0.69800.
Nice support zone at this level, bullish trendline, higher low and fib 0.618 level.
Stop Loss - below 0.786 fib & bullish TL
TP - New higher high @ -0.27 fib extension
I am long gold from the $1548 price level. Looking to trade this up to $1580/85 where there is potential for a head & shoulders trend reversal if price finds resistance.
My entry criteria for this long trade is 1hr higher highs made on Friday, price is now retesting the $1550 support zone with the 4hr 50ema supporting and price looking to bounce once...
as seen here if we respect this area and rejected 0.618 fib and testing the current 50 EMA as support this will be a nice long position trade RRR 1.4 as this trend is bullish at the moment taking this to the top of the first ray line seen price can turn around at that area