Price making higher highs & higher lows. Nothing indicating a trend reversal price came down to 61 8 zone / Daily support and respected it. I expect the US dollar will get weaker as well & am looking for a higher high to form @134.50 zone. Nice setup here entered long with a small entry for now & will be adding more on the way! possible 500 pip trade here will be...
D1 - Price is moving inside a range and we have got a false break of trend line. H4 - Price created higher . We look for pullbacks to buy towards the top of the D1 range
Broke out of high base resistance, NZD reversed & became weak.. Broke its counter trend line to the upside as well, now looking to form a new higher high. !
Update on this euro pair after a pullback was formed (Higher Low), now waiting for a break of counter trend line before entering long as the analysis points to a new (Higher High) getting ready to be formed! Simple trend analysis ...
Price is in a uptrend.. Last week price retraced back to 61.8 fibonacci level, making a new higher low. Price now consolidating and will be looking to go long when price breaks out of triangle. New Higher High looking to be formed?? : )
Hey traders, here is the setup I am watching this week. After watching the JPY surge, and now seeing the EUR start to gain some momentum, I decided to put these two currencies together to see what happens this week. As you can see, we have some divergence in the MACD, as well as a higher-high and higher-low, which is great confirmation that price may go higher,...
Crude Oil ------------------------------------------------ # Trend reversal signal appeared. # Break above previous high at $35 (But with low trading volume) # A minor pull back from $38 to $34 - $35 considered as healthy phenomena. Note: Commodities based on demand-supply. Price wont go far high unless world oil producers willing to negotiate. # Next major...
Engineers india if break 187 then new high 198 if not break then play with support and resistance, and touch 198
Macd pointed out a pull back before taking of So now its actually a breakout. [
BLACKBERRY SO FAR THIS YEAR HAS BEEN NOTHING BUT HIGHER HIGHS AND COMING FROM A BOUNCE FROM THE HIGHER LOWS( SUPPORT) THIS WOULD BE THE PERFECT TIME TO BUY AND TRY TO CRACK THAT DOWN-TRENDING RESISTANCE LINE. THIS COULD REALLY GO TO THE UPSIDE WHEN IT PASSES 10$ PER SHARE. MY OPINION IS THAT THERE WAS A BREAKOUT AT 7.95 ($400K BUYER AT OPEN) LONG AT 8.50 NEXT...