The 1,5 month corrective structure has been broken to the downside, indicating a likely move down towards 18.000-17.600. Best area for a short entry would be the bottom of the previous corrective zone between 19.200 - 19.500.
The pair had a bullish week at moment on the way to Major RES.zone which rejected bulls more than 4 times. Pitchfork-Fibo Sup.Res. lev. 95.500 / 96.500 as a crucial point. If we get the 5 attempt at cracking this Crucial Point, a big move to the upside for new higher. 1 Correction and counter-trend bounce. 2 breakout for new high 3 bearish abcd pattern sell...
Crude oil broke below the 43.20 support line If it retraces back to the purple trend lines than sell again.
a break below 1.2800 will lead us down to 1.25750
following a break and close below a near term trend line A close below 0.97790 on the 4 hour chart could lead us down to 0.96800.
We presume short selling after Brexit vote in U.K. Surely Central Banks will react but our view is weakening of EUR against safe haven currency USD.
JUNE PROMO: www.StarProsper.com PAIR: AUD/JPY TIME-FRAME: 1HR TRADE: CTS Looking at taking a Short position on AUD/JPY - waiting for a DT (LTF) for our ROE to be met. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: ...
Hi Traders, Here is a valid 2618 setup. Entry: 1.47010 Stop: 1.47510 Target 1: 1.46410 Target 2: 1.46130 Luke
money flow horrible/get our book on amazon same name/large insider selling position/cci and percent r bottom range/adx trending/stoc crossed/relative strength weak/stop loss good candle close above cloud/if you use puts buy in the money with enough time
H4 : there is an H4 supply zone formed H1: and inside of that there is an H1 supply zone too 15MIN: there is an original 15min supply zone inside of an h1 supply zone which means that there is a high probability of 15min working out TP1: 1:1 R:R TP2: i will be trailing till opposing H1 support twitter.com
Bias = short. Waiting for a correction into previous structure (yellow) to go short. Or Buying / selling on arrow levels- buy at 1.43014 and sell around 1.44125. Wider arrows are TP targets. Watch for potential long opportunities at 1.43014 as there could be correction at this level (weekly support). Good luck traders!
GBPAUD , triangle wave stucture , posible to short
Reason for entry: Structure to left ,Fibo 1.414 and 0.618 clust.,Trendline breakout to the down side. First TP Fibo 0.236 level Second TP Fibo 0.382 level and Trendline.
Awaiting a pull back and an exhausted bull candle to trigger a sell. It isn't clear if price will simply continue down or pull back to allow an ideal entry however keep an eye out as price approaches the 50% fib as it's likely traders will liquidate short positions which will allow for a pull back and re-entry to the downside. Brexit fears and what I expect will...
The GBP JPY Downtrend is expected to continue, spotted a possible entry for anybody looking to get in on the action.
Weekly shows that last week bears took again the control on the pair. It should go and test next week the bottom of the KUMO corresponding to the 61.8% fib retracement, at around 0.87417. I am selling this pair from tomorrow for a week time.
Another week of wasteland for premium selling, with EWZ again topping the volatility charts for non earnings plays, although I may go small with an IWM setup in the May monthly (it's the most volatile amongst the index ETF's, which ain't saying much). I've got one more short-term RUT/IUX setup on that I will need to address, but other than that, it's going to be...