-weekly counter trend line broken -daily counter trend line broke -4hr fib found support of the 38.20 level. -awaiting break of 4hr counter trend line to go long -target 1- fib 127.20% extension level
-weekly ascending channel -weekly higher low made -weekly counter trend line broken -4hr ascending channel -4hr fib found support at 61.80% level however there is a chance of further retracement before going long -4hr target 1 - 127.20%. -4hr target 2 looks very likely as it has confluences with upper channel boundary to make new higher high.
I want to share this analyse with you, so I can refer to it in my later analyses. We here see two times a Positive Reversal (Constance Brown). It shows a target where to work to (1260.73 & 1268.95). Also in the chart three times divergence. Divergence is a warning signal for a possible shift in the direction of the price.
Increasing volume, MACD crossover, broken resistance line, squeeze momentum on. Price target of $3.00, for just under an 18% return.
MRC attempts to break its range, recent consolidation and far enough oversold area could allow it the breathing air it requires to get there, although a stronger breakout was preferred.
USDCAD in what is called a 2 trendy setup. I have an alert set for the break of the upper trend line, to short to the lower trend line. It could go as low as the monthly pivot. There was a huge gap trade on this so expect it to go up before it goes down.
FX:USDJPY is notorious for running up, but it looks like it is starting to get tired. I am looking for a break of the steeper trend line, for a pullback to the lower trend line. The two-trendy system as I learned it from rob booker is a simple break in one trend line and a pullback to the current trend, which for usdjpy seems to be up. So, short it on break of...
This pair has broken out of an ascending channel. Grey box is the key level where price will probably retest the broken structure. Confirm rejection to short Always apply money manaagement
Gold Has broke our Wekkly downtrend move & is showing signs of Bullish momentum. This pair came back down to retest weekly Support and ended last week with a Bullish Engulfment. 3rd touch to trendline seems to be holding as well We should see this pair shoot to 1400 in weeks to come! Stay Tuned :)
XMRBTC has been in a week long down trend as labeled on the chart as Wave Y. The two purple lines outline the downtrend channel. Notice how it reached the top of the downtrend line twice previously and was rejected. We are currently on a potential breakout hourly candle. For the first time, we have passed above the top trend line and with an hourly candle...
will it bounce off or break trough? looks interesting to me
SPX BREAK IMPORTANT TREND LINE Short the pull back Use LIBRA Pattern for a bettery entry
Guys, this is the thought after i view the EURUSD chart for 1 second. Try to follow my logic and apply this kind of mindmap before you take any trade of any pair. You all must learn how to find out those important clues from the chart. Then you will find out that Trading opportunities is no longer hard to find. Sept just starts, Good Luck to everyone.
Despite the bullish movement on last two days, the $EURGBP can still be seen as a good Sell opportunity for next days. The Fibonacci extensions matches with some important horizontal levels and if it brakes the previous low (0.8330) it can go all the way down to 0.8100
Unicredit broke trendline at 2.30 area. Good RR for a long trade towards 2.8
Wait for the break in EUR/USD to confirm going long or short on this pair. I always consider both directions when trading but from the looks of it I am biased that this pair is bearish!
If CADJPY will broke tre trendline at 79.5 area there's new long idea towards 82.9 area
Today, the price action breaks out in a big time by breaking through the resistance trendline. Buyers pressure took the prices 7% up in a day that indicates strength and bullishness. If it breaks through 127 levels which is the next resistance level then we shall see 136 levels in this month series. Momentum is up and high. Target 1: 127 Target 2. 130 Target...