EURUSD saw a clean rejection from our previous support, and currently is moving upwards to potentially retest our descending trendline. Furthermore, the 0.618 Fib retracement also corresponds well with our preferred entry point, providing us with more technical analysis elements to confidently take our short trade! Depending on the next few hours of price action,...
We are looking to enter shorts on the right shoulder on H&S pattern, which also corresponds well with the 0.618 fib retracement, as well as the 4H descending trendline.
Strong Support ahead @ 1.5100 If price closes below it's a sell. Targets and SL given in chart. If bounces back it's a buy But wait for confirmation, After testing yellow live market should break the purple channel and close above it. Buy trade seems a bit risky. 1.5115 is the strong support line it may set a new short term trend. if you want to trade this idea...
After panic sell-off we are back to previous downtrend channel. Will it hold?
If USD index continue to fall. GBPUSD will definitely rise again. You can change TP and SL to your analysis. But what s important is the main idea.
A rising wedge has formed with an RSI Divergence got me shorted this pair, on the coming week I'm waiting for the candle to break and close below the lower trendline of the rising wedge, followed by a retracement for me to engage a trade to short it with an added position.
It looks like a simple trendline bounce from here which i will open a buy for long term. I always trade trendline bounce and have good win and lose ratio from this strategy alone. At least 60 - 150 pips to be caught with patience.
CHFJPY is going bearish near the 0.618 FIB that is near a Support line with a uptrend line, putting everything together im thinking on a reverse and the market turning bulish this week. Best Regards José Pêssego
USDCAD has been following the falling channel since june. Price bounced off from the trendline and then made a breakout from an ascending channel indicating high chances of heading down.
Hi traders, I have spotted two rising trendlines in which this pair has been following and has bounced once again respecting each. As a result, I see a high likelihood of the price rising further towards the next resistance. Share your views on this pair in the comment section. If you agree with this analysis kindly hit the like button to show your support.
Hi traders... I see a good uptrend here that has been respected very well severally. There is a very high likelihood for the trendline continuation and for the price to bounce off. Lets wait and only buy if price bounces. Breaking of the trendline will invalidate the setup. If you like the analysis hit the like to show support.
The price has respected a downtrend trendline four times and for the fifth time it looks like it may bounce off too as it has started forming bearish candles. Lets follow it closely and if we confirm a reversal we can go short. Breaking of the trendline will invalidate the setup. What are your views guys on this? I would like to hear your opinion.
USDCAD is trading in triangle now, touched top trendline twice before dropping down to bottom trendline which also has bounced upward. Perfect entry would be marked on the chart with black sniper scope which has already been used except for green one which is valid waiting for current price action to either breakout of the trendline for me to open a buy to go...
i wish we could tell this thing bye-bye but we still hanging around. Got the bounce off the top of the trend line, but not a strong reaction like i wanted, but ill take it. If we pick up some volume during the day that would be nice.
Simple TL & Fib bounce trade. Going with the trend. This last pullback was larger than expected so I am targeting the previous lows at 74.00 instead of new lower lows.
BINANCE:BATBTC BAT getting closer to the lower trendline. I'm expecting (or hoping) for a bounce at the green box which is shown in the chart. That zone is confluent with horizontal, hirstorical support and the lower trendline which has held since december 2017. The RSI is moving towards oversold after breaking the bullish divergence.This indicates that the...
Hey tradomaniacs, welcome to another free signal! Important: This is a PULLBACKTRADE! Safe your profits decently! DXY not tradable? Buy EUR/USD! :-) ----------------------------- Type: Daytrade Sell-Limit: 97,78 Stop-Loss: 97,88 Target 1: 97,67 Target 2: 97,62 Taregt 3: 97,55 ----------------------------- LEAVE A LIKE AND A COMMENT...