Same with AUDUSD, NZDUSD might drop also soon despite better than expected employment figures and milk prices. Waiting for price to drop near .71211 at least before going long. www.fxstreet.com
The S&P 500 has just broken its support area at 2119 points ; before that, we would have expected a bounce because that area prevented two bearish attemps. On a break out of a support like that, we usually search an opportunity to enter short. But here is the problem : - The previous peak (2154.80 points) seems too far to put a stop above it. The first obstacle...
Facebook ( NASDAQ:FB ) is evoluting in a long term bullish trend, but currently it is consolidating between 126.70 and 131$. On that situation, a short position is definitely to ban. But is today the right moment to initiate a long position ? The support à 126.70$ corresponds to 0.5 retracement of the last upper move (end Aug - beg Sept), it is not enough. It...
Advanced Prediction Lets wait for the market to do its move
Ok so EURUSD already broke down that trendline, it almost re-tested it thrice, we can't say that's a double top because it passed through the trendline again and came back in, but I also see what could be a mini head and shoulders forming there. Since it already reached a .618 Fibs retracement... I would expect a BEARISH scenario, but I need it to confirm its'...
It appears the next attempt at a peak has passed not only the aggressive trend line but also the tamer trend line set earlier. This means the emotions of euphoria are gone and now the market will return to reality to discover the real sustained levels for Monero. The talk of Monero hitting a billion dollar market cap will cease for at least a month and the volume...
Ok that triangle is getting smaller every day, it is too soon to make a decision right now, I will wait for a break out either up or down and after it I will update this idea. Any comments?
Still waiting to get involved shortside on thi pair since the last published idea (reported on related). At this time, another potential pattern (bearish Gartley) could be used as a reason for entry in confluence with a 50% Fib retracement of the most significant swing long that broke trendline on 8th Jan 2016. Wait and see if Gartley plays out. Targets on the chart
Hello , again audusd will make surprise for us ! Im waiting price around 0.7100-0.7150 for sell Also u can put there sell limit Good luck
Wait for pullback. I think the oil is going lower, And why not getting some money for your wife's christmas gift? :) We wait for the price testing the trend. If it wants to go through EMA and trendline, set your entry-price (for short) at the place the price went trough the EMA. And wait wait for the price going back. We see a example at the first lightblue...
Apple is in a falling wedge (trust me, the lines aren't random and work on multiple time frames), but for the last two days there's been a rising wedge. While there may be a decent rise in the future if/when AAPL breaks up out of the falling wedge, it may reject the wedge and bounce down to 105 in the next two days. It will be important to wait and see if AAPL is...
Gold has just put a pretty strong bullish engulfing on weekly chart that could push price higher for a while. Anyway, on daily chart gold is approaching a nice area of resistance. Let's wait and see how price will behave in that area: having rencently broken support, short side is still preferred.
AUDCAD Bullish Bat wait for the confirmation
AUD\USD Wait For correction to Fib.61 & top of The Channel..sell
Again exhaustion of price, we wait to go long or just enter into this short trade
So here we see a crab pattern on Sony's monthly charts, for you long-term traders. As you can see, the pattern completes and thus the reversal is in action. After 8 months, we see a retracment to the .500 fib. all rules continued as the market resumes trend and rally's to the 1.618 extension of the cup. It appears that the market will begin to consolidate in the...
As far as channels attest, AAPL seems mid-course. If we run up to 97.06, I'd be hoping for a short entry, but that's counter-trend. A safer bet may be a buy off one of the lower two channel lines.