A few confluences that are giving me a long bias. We have the weekly ascending trend line being respected, higher highs and higher lows, and price stalling around the 61.8% Fibonacci. Also have 2 confluences for the target of 1.40000 being the monthly high and falls in the line with the -27% Fibonacci. Please feel free to share your thoughts. Thanks.
After a nice rally up and a small retrace there's a opportunity for a long position. We can see a HH and a HL, we could be looking at another HH which could lead to some nice opportunities. Let's see what happens
The previous trade didn't go as planned, so why not another try! With higher lows and generally good Candlestructure the trade looks very promising, Ideal entry would have been 1.29 (still open bids). The Entry should be around the Blue Candle ( H: 1.30512, L: 1.28737) where it shows strong buy support The Final TP area is around 1,47499, but taking off up to...
Engineers india if break 187 then new high 198 if not break then play with support and resistance, and touch 198
FX:EURUSD Price seem rejected from the ascending channel resistance and initial support would be the Monthly RES @ 1.1350 with a 61.8% Fib Level , it gives an extra confidence for the uptrend bias. Meanwhile price also maintained above a rising TL (black color) & price will be having the 3rd touch on it with either a break/bounce we're ready for action....
In this idea I show you how I trade swing failure patterns. This is good for any time frames but lower time frames are preferred. Very simple idea yet works pretty nicely. Let me know what you think.
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...