On the EUR.GBP 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.
The price reversal zone on this pair is between .8519 & .8577
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement...
the EUR is now weaker than the USD, price has broken its weekly zone and now we have exhaustion back to that zone, now we are waiting for entry confirmation for a sell to our daily zone
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The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a...
As we can see, price has broken out of December's descending trend line. Price eventually found support at 142.940. Right now, it's in a small bullish flag. If price breaks out of that flag, it shall go further til it reaches that level of supply. Will it show rejection from that supply level or break out and retest that level?
AMEX:LNG
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The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1145.00
• Take Profit Level: 1160.00 (1500 pips)
If the price...
OANDA:EURUSD has shown a weak dollar for the majority of 2017 but are we near a switch in the current trend? or is it just a medium term move to allow some steam off?
For the time being we have a Bearish Head & Shoulders formation in which we're awaiting the right shoulder to form. We also have heavy bearish divergence on the momentum indicator as you can see...
Gold has double topped at the last lower high and while I am skeptical of a sell right now given the USD index is falling there should be caution when taking a long position.
We need a higher close above the lower high to safely buy into Gold which may come later in today's session, otherwise if the USD index re-bounds (see linked trade analysis) we could short...
Everyone is Busy with Daily and Hourly charts,So I have stepped back and trying to shed some light on Monthly as it is at a very Crucial Decision point.
Falling Trend line from all time Highs we hit in 2011 is here to decide the faith of Gold ;)
Short Term Correction at least to $1200 is expected in coming month or two, it may not come in light of some Big...
Bullish Gartley on EURUSD is almost at completion. If I see a close below the pinbar level and subsequent bullish candlestick formation we can expect price to possible rally to the upside in the short/Medium term.
