EU chart is in a triangle on 15mins chart but still posting higher lows. However, there is a potential trade for short on the breakout pullback and short entry. If there is a breakout to 1.1136 level an dthen a pullback to 1.1147 level then shorting with atarget os 1.1115 can be a good trade. SL
I am sure , ibex35 is doing a pullback and later down again. Sorry for my english.
The USD is finally starting to show its strength for this week, and should continue to force this GBPUSD to go down. This pair dropped quite a bit below the emas even though they haven't crossed yet. This is doing what the AUDCAD did about a week ago. This pair should roll back up to catch its breath, and then drop. I expect it to run up to 1.4605, and then drop.
POTENTIAL BEARISH CYPHER PATTERN ON AUDJPY Predicting Price Will Drop At 83.643
Now that we've closed the New York session by putting in a LLLC below the 128.30's level, I'm now predicting to see a bearish continuation here on Canada. When will it happen? How will it happen? Who knows, that's the markets decision. All i can do is use my skills of technical analysis to try and make the best prediction that I can. After being broken, previous...
Units: 1,600 Quote: 1.1085 SL: 1.1144 TP: 1.0808 ATR: 59 Take profit: $44.42/277.6 pips Stop Loss: $-9.34/-58.4 pips
Units: 1,700 Quote: .7162 SL: .7215 TP: .68444 ATR: 57
Units: 1,100 Quote: 1.4590 SL: 1.4677 TP: 1.4137 449 pip move
I want to start things off by saying I don't expect to see much action at all in the markets today ahead of this afternoons FOMC statement. However, I did want to follow up on the USDCAD idea that I shared with you yesterday. After creating a NSL we are now retracing back into previous structure. I often explain to the traders I work with that I'm not a...