If the trend can break the 0,382 retracement, it could be a potential long opportunity. With as price target the 0,618 retracement but still taking into account the 0,5 retracement.
Looks like EUR/USD is making a corrective abc pattern, with price target around the 0,618 retracement.
Waiting for the break out. Looking at the inverted head and shoulders pattern the break out is expected to go upwards. With targets at 0,618 and 0,328. However, with a break out downwards the first price target would be 0,93450.
I am observing a possible long and short opporunity of the EURYEN. Advance bullish bat formaiton still left to be compeleted for an aggressive approach. As a short. And or/ at the completion of the bat formation. We will be able to discover exhausted sellers. Giving a chance to buy the price back up. I would suggest the trader to go in and find his entry and...
Silver, like its sister Gold, is bullish for the moment as long as it trades inside the channel (yellow). Goal is around 18.200 area. Happy trading everyone!
Because it's still contained inside a bullish channel (red), we are expecting for the price to go up. It might target the 1270 area, which is the 100% equivalent of the previous uptrend. If in the event it will break outside the parallel line, the price may automatically go down. Happy trading everyone!
we finally broke out of the consolidation zone and tested 120. found support on 18ema and key monthly level. I do strongly think at some point this year we will see a huge decline in EJ and i will be mainly bearish on this pair moving forward. I will be looking for shorts to 118's firstly then will wait to see if we break and rest the weekly trend line. we will...
Hey you there. We are in a winning which we previously closed. High probabilities to long positions. Take care!
As u can see in the chart we hit a nice level of support and it's time to an up trend, the target is near 142.881
Current decline we see suggests that EURUSD did topped at its 50% fibonacci correction. Price already broke past the yellow channel's outer boundary which means that the trend is bearish once again. Happy trading everyone!
As I pointed out to all of you, there is a long view in this currency pair. Now I'm going to involve myself in this and put targets and stops loss. Do not follow blindly and just trade it if this goes as you have previously elucidated!
Bearish Cypher @ 07645. Stops 0.7859. Tgt1 0.7459. Tgt2 0.7343.
Bearish Cypher @1.2559. Stops 1.2623. Tgt1 @ 1.2503 and Tgt2 @ 1.2468.
A bounce from 0.9850, retracing 61.8%, is a good one. We just have to keep an eye that price countinues to make lower lows. Happy trading everyone!
Bearish Gartley at 0.7301 level. Fib ext of A-B leg. Stop loss at 0.7323. Target 1 at 0.7261 and Target 2 at 0.7252.
Previously, we anticipated this pair as bullish towards 0.7550 area. Price did hit the 0.7600+. The current movement suggests that AUDUSD is correcting and may or may not revisit 0.7450 before bulls reign once again. Happy trading everyone!
As with last week's analysis, we are still waiting whether oil price would retrace back to 49-50 area before soaring. Happy trading everyone!