GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
OILEX LD ORD NPV, UK OIL & GAS PLC ORD 0.01P, LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), VODAFONE GROUP PLC ORD USD0.20 20/21, VAST RESOURCES PLC ORD 0.1P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
two very strong resistance zones on the daily chart, as you can see the market has been rejected over 10 times at these levels since 2013. This is a very high probability trade, with an amazing Reward/Risk of 4:1
USDCHF is down trend and if it retrace to broken box, a short position would be considered.
Time frame: (4 hours and 1 hours)
Date & Time: 22 Aug 2018, 16:15 GMT+9
Starting Balance: 3157.96
Graph Showing entry and exit points
Fundamentally USD is a bit weak because of Trump comment but the effect already seen on the market.
On 22 Aug, ...
This pair is following suit so far since I first analysed. Let's now see a pullback and a strong downside push to 0.98700 support.
Usdchf - H4 - I see this pair falling down sharply atleast 100 pips before finding any real support
i've been looking at this pair often lately, and i'm still looking to sell this because i think we need to see a relief rally before eventually continuing to the upward direction. At this moment, we're testing a very strong resistance level, both weekly and daily, and we're doing so in overbough condition (heavy overbought). On a lower timeframe, such as ...
UsdChf - Weekly chart - Expecting a sharp drop for this pair as it is currently very oversold and correlates well with the dollar bearish setup.
A rejection of the up trending trend line with a printed bullish engulfing confirmed for me that momentum would continue up to the 0.96800 area. Hitting target perfectly before now a possible new higher low being created.
Probably could be a wedge pattern and
we should wait to see under wedge clearly broken.
Good luck! :)
GBPCHF Double Top Forming?
2H, 4H, D, W, M - StochRSI is over bought.
The price is sitting within a very important area containing the monthly support / resistance and also a powerful demand / supply zone. At the moment it is pushing to break the monthly pivot along with the 78.60% fib level, I will not be entering until there is a clear break of this blue zone and a show of power to the upside. Possibly then heading back to the ...
Potential double top or a reversal back to the trendline, if it breaks 38.2 fib level could show stronger signs of this reversal to the upside happening. Indicators are good for a nice upside climb.
We've got this pair currently rejecting 23.60 Fib level but I believe it will push through this. USDJPY is moving in the same direction and these pairs like to move together, I will be shorting this down to 0.98364 support area. Could see a retrace back to the same fib level but have some US news coming up later where the outlook looks negative, so may not want to ...
Usdchf - Daily time frame - Longs in play on dollar strength and bullish structure on usdchf daily time frame
3 rejection form the resistance level - looking for a clean break through the level and price to create space. wil be blind on the bid
Had a dead September, as many of us did haha. Reading trading in the zone right now. But anyhow, here's a USDCHF short based on a strong daily resistance. the candle which formed at the top of this bullish trend indicates a trend reversal. Funny how the first Friday of every month does this to the price. Interesting.
The price is attracted to the EMA 20 and 10 by ...
1.Downtrend trading with the trend
2.Support broken resistance validated
3.Trendline still validated as price action has not breached
4.Opposing level breached by short sellers
5.Profit margin 1:4
i have just set up my key levels so feel free to copy them to your charts if you need them. my bias is short once we get upto the channel resistance. if we break the TL resistance then might think to go long.