Well it is late and this probably isn't my clearest chart, but I think you'll get the point. Tan has responded well to patterns and support/resistance lines, so I am watching to see if the signs of a pullback play out. If it loses support then it should have room to move to the downside. There may be a few good plays that develop from this, but if it becomes...
broke through the support. entered on the pullback to test for a a new res. In line with fib 61
BITFINEX:EOSUSD Do we go up and up or eventually down? :). If it comes down to support it could be a buy point (unless it breaks lower) or if it breaks the upper resistance then we have a very good bullish signal for upper trend which is another buy entry point. Watching...
Good morning, Traders! According to the analysis of the asset, below is my setup that I am seeing for the next few days, commenting on the fundamentals for possible purchase or sale of the asset. Remember that if you liked and want to see more examples like this, comment here below in the analysis if you liked, what would change, your prospect for such active...
Divergence in the 1H and 4H. What is your strategy for divergence. Share What's the PLAN! in the comments.
Could be wrong lol. DO NOT take my advice Just waiting for confirmation and break of trendline.
Good Morning, traders. It's such a phenomenal beginning of the week. Our forex trading signals closed more than 100 pips. The long-term position in Gold is doing great, and the short-term position helped to pocket nearly 55 pips. Likewise, another signal shared in A Quick Trade Setup on EURJPY closed 60 pips. Now I'm serving up EUR/USD and GBP/USD to secure high...
EURUSD Resistance - We are looking for bearish candles to short.
Entry after a bearish daily candle pattern, about 3/4 of the candle due to expected volatility. A Flag can be seen.
Price testing 1H October top + stoch bearish divergence. Sell opportunity to follow.
Possible long on GBPUSD. Since we are on the downside of the uptrend line we can expect another run to the upside recistence wich is drawn in this picture. Since we are in a bigger uptrend we follow the uptrend.
The numbers refer to the chart: 1 - TRAK hit 200 EMA and horizontal resistance 2 - Broke through 200 EMA 3 - Met horizontal resistance 4 - Is this the pullback? So, will TRAK break through the resistance or will it hold? Wait and see.
After today's positive results, can BP break its long standing resistance at 518p? A resistance that's been in pace since 2011. It looks like this is the time. Wait and see.