There is a very small iHS in formation on hourly. Could lead to a target of 420. I'm still bullish, as we haven't dropped below longer term support (violett line).
EURUSD: Another Counter-Rally prior to decline to 1.1915 Target Having made the counter-rally back to the upper parallel EUR has continued its expected down-trend. It's now touching the next support line at 1.2027 and likley to make another small counter rally to 1.2067 and at highest to 1.2094 before it falls away again to the 1.1915 downside target towards mid May.
DXY: Dollar Index - was expecting support to arrive at 96.86 but looks like I"m 6 pips out as low was 96.80. Be careful of small reversal from here as per comment
Price has closed the day below the marked resistance, however managed to open the same with a gap to the rise that was above it. Wait for confirmation of the break.
EURUSD SHORT term Trendline rejection & Small trendline breakout
price tried to go higher but failed and showing a sell signal at top of market so pretty nice selling oppo and dont book profit just trail stop loss. let the price run down.
USDCAD small SHORT term Resistance rejection. simple trade place your stop loss in front of the resist.
Information on chart. SL = X TP1 = 38.2% of CD TP2 = 61.8% of CD
selling weekly calls here since this is overdone. I am bullish on IWM long term.
Hey all, Woke up this morning and noticed a smaller Bat pattern forming on the 4H chart. Although we haven't broke and closed above the B point yet, we have pushed higher - will be waiting for the candle close. Still have my orders placed on this as we could spike up and get filled. Looking at a nice Risk Reward and a relatively small stop loss for the 4H chart....
I'm still a noobie, so any input would be well received. I'm long MOBL late on the upswing during today's power hour. Entry is 3.61, 500 shares but looking for a clear breakout above 3.62 to 3.65 even though the HOD today was 3.75. Will sell into pre market or potentially hold into market open. Guidance on this ticker was elevated for an October 27th earnings...
I don't recommend attempting to trade USDCAD as it is currently consolidating the strong move downward. For now downward progress has been halted but we are not seeing any strong confidence in the USD. Overall tone for this pair is bearish with weekly bullish. Perhaps good for intra day scalping but don't expect any reasonably strong moves in either direction.
Face critical pressure position, There should be a 20-30 US dollar callback, It is estimated that gold will fall in Asia on Monday 1380 is a good point to sell Each RSI more than 70, will face a certain degree of callback
Price shows a mini rank of M5 timeframe. It breaks the rank offering a short opportunitie