Hello Traders, We have an opportunity to go long on this pair @Market Price has rejected this area previously and we are entering the oversold region on RSI. Target 1 @ 0.7530 Target 2 @ 0.7587 SL @ 0.7374 Feel free to follow, like, share and comment www.instagram.com
Price is currently entering a Daily support zone, I am expecting buyers to come in at the 78.6% Fibonacci level where the lower trend line of the downward channel could also come into play. The Daily 200 smooth moving average lies just beneath the support level and the 78.6% Fibonacci level. The 200% Fibonacci extension level (Aqua Blue Line) could also be worth...
Hello Traders, There is an opportunity to go long on the USDCAD. We will have a complete gartley pattern if price can reach 1.2925 Target 1: 1.2999 Target 2: 1.3044 Feel free to comment, like, follow and share
BTC has either completed, or is nearing completion of a correction. (Possibly one more blip down) **Observations to note: - RSI has begun trending upward after touching oversold territory - We see confirmation on the oscillator, as StochRSI has also begun trending upwards on a breakout of oversold territory - Support @ 4H 200 EMA - **Looking to break back...
Pro's - good reversal pattern. - price sat at good support. - recent break of downward trendline, now retesting. - 0.5 Fib retracement level from previous swing low to high Con's - Trending against the trend - Trading through EMA's including 50EMA on daily. Thoughts? Please comment below
Trading again today. This time I am going long on the USDJPY. Looking at a 4h chart there are several good signals. Shown on my chart we are in an area of Demand. Additionally we have 76.4% fibonnacii support, a morning star candle formation and are coming out of being oversold. My entry, sl and tp are marked. As always use your own discretion for placing your orders.
Buy FX:GBPJPY After Bullish Candle Stick Formation Price @ Back Side of the Trend Line (BLUE) Touched Uptrend line (Pink) Higher Highs (Support, Blue Arrows) Very Sharp Counter Trend Line Break StochRSI Over Sold Entry: After closing of the daily Candle (This Friday), Place Trade Monday Afternoon Stop: 10 Pip Below Previous Low (153.229 appx.) Take Profit:...
H&M has been up 9,61% in average ten days after a low point far away from the ma200. The 9,61% upside target lays also at the 50% gap line which makes it a reliable target. MACD and Stochastics is also indicating on a upside. Happy trading!
Ashok leyland buy @ 101 stoploss 96 target 104.40 , 106, 108.110
Very strong support level on AUDNZD, coupled with bullish divergence with the RSI falling into oversold territory. No significant fundamentals at play so a good opportunity for solely technical trades. Buy at the support.
Very strong bullish divergence on the RSI for this chart. If you like the coupled fundamentals or have more technicals to support this, then it is a definite buy!
WMT is offering a very nice entry, after forming a new weekly mode, which implies the strong uptrend is seeing reaccumulation at higher levels. I'm looking to enter longs at market, at the open, ideally on retrace to the mid point of the green triangle on chart. Stops should be below 67.40, for example at 66.51, or using 3 times the daily ATR. Yield is very nice...