After seeing a very strong bullish move up into Strong Resistance area, we are seeing a bearish break out trade forming on the 1H chart looking @ 45 Point stops - 45 point TP1 + TP2 ? ? ?
DailyFX.com - Highlight Points: - Even more Fed-speak indicating hawkishness has continued the drive higher in the Dow Jones FXCM Dollar Index, and this has brought to question two previously strong trends in EUR/USD, but this strength hasn’t necessarily been even-handed: While EUR/USD appears to be on the cusp of establishing a new down-trend as major,...
Price broken below 159.99 level, after showing indecision... Expecting an exsplovie move back to 158.11 area 200+ Points 1:2 + further targets?
USDJPy has pushed through horizontal level @ 109.68 to now test strong daily trend line currently seeing indecision. if price can break below 109.85 showing strong continuation... looking to take short a position with stops at previous 8 hour candle high 110.48 1:2 targets
This is about to go up very fast with key areas being $745 and $773. If it breaks $781 then be ready to sell around $798.
Daily trend formed, after strong break out... taking the retrace trade on this bullish trend. Entry around 0.7625 Targets @ 0.7765 1:3 Risk reward
I dont think it will cross the 48.000 points, what do you think ?
Hi traders, At the moment we are at the bottom of a long channel on the $DAX. I think it is worth to try a long here because of the risk/reward. As you can see on the graph, my trade plan is to buy here with SL very close and a TP near 10,610. Ratio: 4.09 (amazing!). However, long term I am bearish indices, so I recommend buying small here. IF we see RSI...
This pair has been range bound. If we can see breaks of the weekly Resistance or support then we can looks to achieve the targets on screen.
USDJPY been very bullish over the last couple days. Broke out of the triangle and also broke through previous resistance. i expect this price to make its way up to the 121.45 area.
I believe we are at a very sensitive time in Bitcoin judging from its current price. This 430-440 handle is a main trading spot for a lot of BItcoin's big hands which can be seen from previous times on the blue dotted line. The Red Triangle represents another sensitive trigger point in my opinion. The Call: IF either side of this triangle is violated I see...