- I am expecting a minor exhaustion on this pair to retest former resistance level, making it a support.
- Looking for price action confirmation e.g. a bullish engulfing candle before entering long
- Long till 4Hr Zone
0.99058 is a key level of support, you can se where price hit this support level ( marked by purple arrows ) now I'm sure not all of you are stupid enough to need an explanation.... but there are still a few tap water drinkers about :p
Price broke this level in august and made a big rally to the downside but this pairing couldn't keep price down and like someone...
As we can see this pairing broke a strong support level of 0.87864 on the weekly chart and then sank.
We can see some possible support coming up at 0.86324, so a chance for a possible long, we will be keeping an eye on it and trade will be sent out to our clients when trade becomes valid.
Support of 7.85993 is stronger than the hulk on steroids, this level has been hit more times than the back of Burton Albions net against Manchester City.... infact if you don't class this as strong support then close your laptop and stop trading.
we will be setting a buy order a few pips above current price to allow for the re test of this level..... Thank us...
We can see the key areas of support and resistance marked with the green lines, and the places price has touched these key areas marked with purple arrows.
We can see that a massive candlestick shadow broke out our 80.469 support but came back up and closed the correct side of it, this is a good sign the sellers are exhausted and the buyer have taken over...
Previously I gave out a EUR USD short signal, now this could still be valid and may still hit TP... but I can see a really strong reason as to why I think bulls will now take over and push price higher, if you are in my original sell position you will be deep into profit anyway so move SL into profit to lock in that money.
From this chart we can see that the...
Here we have GBPCAD going short we feel it might go back up to the last high but then fall down to 171800 roughly. this could be a good trade if you are okay with the large SL in place we are in this trade to.
Here we go another USD/JPY good idea for the ichimuku trade,.
The yen is firmer across the board as China returns and tumbles with the central bank's move to aid economy being shrugged off and the CNH dropping to the lowest levels since mid-August. This has sparked some risk-off play in markets with US indexes in the red. Similarly, Italy continues to weigh on...
Here we have the ETH/USD bullish wedge pattern i can see this fall below the bearish cloud then going above the bullish cloud reaching the three bar minimum on the ichimuku. Maybe it something for everyone to keep an eye out for in the next coming 2 days to see if it does rise above.
Comment your ideas?
Hello everyone, Sorry for this late post we forgot to post last week in our private idea box so we posting now.
This was a very good move for us. we was expecting a slight short fall but it looked liked it never happened.
comment below if you have any comments?