GOLD has reached an TL, hopefully will starting falling soon :) If it breaks this TL, GOLD can try get as high as H4 / EMA 195 which is @ 1286. And then look for possible reversal. Get notified about free analysis daily: telegram.me
NZDUSD reached an important tl and is looking that it needs to take a breath and maybe retest support break at 0.72
Hi traders, I am watching this USD/CHf very close which I believe its very close to break this wedge that he is in since end of last year. A brake and CLOSE above 9830 will confirm that this pair is start a new 'breakout cycle' which will look very similar to the price action which we have seen on USDJPY in the last two days. Thank you!
Took a long trade on this pair after it broke tl with targets marked on the chart.
supply zone should send price lower... enter after TL break ..also retesting the TL flip from an older upward trendline
NEW SIGNAL- Type : Pending Order Date : 22.7.2016 Time : 12:00 GMT+1 Technical : Daily BEOB at strong supply zone, with trend following Pair : USDJPY Timeframe : DAILY Trade setup : SELL STOP Entry at : 105.398 Take profit 1 : 100.00 ( 539 pips ) Take profit 2 : / Take profit 3 : / Stop loss : 107.891 ( 249 pips ) Reward risk : TP1 – 2:1 TP2 – / TP3 - / Our...
Correction looks like standing at 50 day simple moving average. 4H RSI OVERSOLD. 4H MACD BUY..
5. WAVE SEEMS FINISHED.. SO UNLESS NEW HIGH SHORT.
No reason to short now as it has broken out of consolidating flagpole. Expected to surpass 3 by this week.
Buy incase of a breakout above Resistance # 2.
2.7750 for Long Term.
Possible Fibonacci Channel in which the price is about to clash with support. Incase of a break under 2.88, it would be unwise to hold a long possition until proper support were to be met