Sell close to the down trend line or alternatively sell with the break of the up trend lines, either the most recent one or the longer term one. Target 1: 0.7500 Target 2: 0.7450 Stop Loss: Above 0.7720
Spike or false break above the last high together with divergence and we have a sell signal. For a more conservative entry wait for the trend line break Target 1: $1100 Target 2: $1090 Stop Loss: Above $1135
Reasons for - Clearly price is putting in lower lows and lower highs (Clear Downtrend) - Price broke key level at 120.00 A week back so we maybe heading to next key level ? - Price has put 3 touch on short term 4 Hour trend line - Price put in doji the a bearish engulfing and clearly bearish candle then another bull green candle then another gearish engulfing ...
I personally have been short on this pair since December :) Okay some may see this as a crazy setup but i believe US30 setup will fall to around 7000 in the next year or so There are many reasons for this setup Fundamentals and technicals FUNDAMENTALS - jubilee year ? - shemitah Year ? - every 8 years a financial crisis - FED raising rates to...
Also another sell setup 1. price has come to previous structure and shown a huge bearish candle 2. price put in a bearish engulfing candle 3 price is downtrending 4.previous candle was a doji on the daily previous candle was a bearish hammer sign of more sellers in the market :)
Alternative trade idea if EURUSD doesn't breakdown from here and continues to be a faggot. Watch this space as I will be posting more ideas to support this view and I will also be frequently posting small short-term entry opportunities and possible scalp trades whilst the bigger trade unfolds. I provide signals service for free . Just go and follow...
There are three ways of EWA/EWP. In any case, you should take short position. Target 0.60000
We can enter a sell trade for the S&P 500 index if it breaks the highlighted triangle pattern and settle below it. Target 1: 1910 Target 2: 1860 Stop Loss: If it turns out to be a false break and the index closes back above 2040.
Sell with the break of the up trend line Target 1: 0.9700 Target 2: 0.9620 Stop Loss: Break and close above 0.9830.
XAUUSD 4H (BEARISH NEN STAR PATTERN) SELL
The USDJPY has now completed a bearish gartley, however, also note that we have a cypher pattern that will complete right above our stop loss but the fact that our RSI has gone overbought, I do believe we will see a retracement, whether that will be enough to hit our target remains to be seen but either way its a valid short.
This pair is continuing to show bearish signs by making new lows and we now have a nice trend continuation trade setting up. If get a rally back in to 1.5070-1.5100, It will be a good place to short. The area also happens to be the 61.8 retracement of the recent downward move and I'll also like to see overbought conditions on my RSI before I take this trade. So...
Be Conservative here! take profits off at the 61.8% Fib
This is not a currency pair that I trade in my portfolio but I came across this nice trade-set up as I was doing my weekend analysis. The market has come into a previous structure support now turned resistance but the RSI is not showing overbought conditions yet so there is chance that this market could go all the way up and in the process completing the cypher...
I already have a long position on this pair but i have already booked 54 pips profit on first target and my stops have been moved to break even. So assuming my second target gets hit at around 123.20's then i will be watching and waiting for this cypher pattern to complete at (123.40's) which is just 20 pips above my second target from the bullish gartley i posted...
Double wave correction up near the TL would give us a great sell setup. Look for bearish divergence to form on the H1 or H4 time frames. Target 1: 128.40 Target 2: 127.00 Stop Loss: Above the down trend line
Pair found a monster resistance zone and broke the up trend line on H4. I think it is a good idea to sell rallies as long as 188.80 holds. Target 1: 184.80 Target 2: 184.00 Stop Loss: Break and close above 189.00.