We have rallied up for sometime, created a false head and shoulder, s fail to create another Higher low and higher higher and and a current break below the minor support and we should rally down 85 pips+ Likem share and leave your thoughts and comments.
Nice possible bounce at trend line. It goes left of the graph so pan to see that. My indicators agree with the fibs, I know they may be confusing lol. Buying in at 0.79213 and stop at 0.79100 with a pt of 0.8100
0.5 is holding strong. Also a strong confirmed trendline backing it up. entry at 0.70036 and pt 0.70700 to 0.71100
The SPX500 has been rising ever since the worst start of the year in history. This bullish movement could come to an end now as we don't only see a divergence and prices starting to trade inside of the balance zone on the daily chart. This four hour chart shows price already tried to break through a fractal and is now sitting just on top of what looks like pretty...
Happy Vishu :) Note : Gap up happened previous day (190's - 191's ), so market will expect to fill the gaps and as expected if it fills the gap, it will be in our marked zone for Buy. This trade may extend for a day or so if market movements are little slow. Though its risk:rewards little more than 1.1, its good trade as per my trade rules. Follow your Plan,...
$CTRP recently broke out of resistance, so i'm going to be watching for a possible red to green move right out of the gate tomorrow morning!
SHORT FP (TOTAL) intraday + uncertainties in oil market: meeting in Doha is overvalued, drop in crude inventories can ne as crossseasond + further CPI goes down in China as leader importer of crude + FP (TOTAL) closed gap + additional big volumes in some 5M bars didn't lead to grow of stock. Short enter = 40, Profir 38.90m Stop = 40,3
Been posting this in the Chat all afternoon. Short hit at 108.45 this afternoon in USDJPY, still active and holding on to it at least until tonight's close. Will then decide whether to hold over weekend. Trendfollowing works even on such a low timeframe. Of course profit potential very limited in daytrading.
Currently the GBPUSD. has formed a head and shoulders pattern which 9/10 indicated that the price is ready to break the neckline and go short. A break below the neckline of 1.4962 and happily short the price. As we can see a break below the neck line has formed and I'm looking to short the price for 200 pips. Lets see how this plays out in the near...
Currently the GBPUSD has formed a head and shoulders pattern which 9/10 indicated that the price is ready to break the neckline and go short. A break below the neckline of 1.4062 and happily short the price. However we are also in a a bearish channel which could potentially breakout which we also should look out for. A break out of this channel will indicate...
Currently the GBPUSD has formed a head and shoulders pattern which 9/10 indicated that the price is ready to break the neckline and go short. A break below the neckline of 1.4962 and happily short the price. However we are also in a a bearish channel which could potentially breakout which we also should look out for. A break out of this channel will indicate a...
LONG^ + oil rebounds before API + China PMI + Support levels in oil + Support volumes in FP stock within 3 last days - long-term negative outlook for oil So, if oil will hold 36.5-36 level and go further up - I will catch up the FP around the open priceafter rebound in 5M bars.
Tidy little hightest candle on some strong resistance which on the intraday charts is setting up a nice right shoulder to complete a head and shoulder pattern. Lots of room on my stop stop loss to leave room ahead of NFP. - Perfect hightest candle on 1D - On resistance on 1.4400 - Head and shoulder pattern on 4hr - With trend - 1:2.75 RR - Hybrid trade - Safe...
A retrenchment of the upper trend line and I will be looking to short the GBPAUD0.42% for 100-300pips. This could be a possible t bearish trend continuation to the down side We have had HL's and LL's. A rejection to make a HL and a LL may be a sign that we may go long however a pin par on the higher time frame will signify a potential short also. Like,...
A retrenchment of the upper trend line and I will be looking to short the GBPAUD0.42% for 300pips. This could be a possible t bearish trend continuation to the down side We have had HL's and LL's. A rejection to make a HL and a LL may be a sign that we may go long however a pin par on the higher time frame will signify a potential short also. Like, comment...
Break above my minor resistance and I would be looking for a 45 pip target due to a successful Higher low break. resistance break, hour break above also and a channel. Like, comment and share your thoughts/
Long - A break above this channel and the recent higher low could instantly signify a minor change in direction due to low momentum etc.. Short -Break below the recent lower lower would be a sign that we are going to continue to ray down.