AUD/USD trade idea. Short term long opportunity. I think that AUD/USD is due to continue its pull back in a form of harmonic moves and then continue its path lower.
Simple perspective setup made of structure resistance zones, and Fibonacci levels.
I've formed a new bias on eur/usd - in my opinion it's likely eur/usd is going to retrace after all it has been plummeting since 2014-05-08 and we are also a at a pretty big resistance level (to see that you can squeeze this chart or take a look at the weekly), we now how a possible double bottom with bullish divergence, massive one. So now may be the time...
I think that it is likely that USD/JPY will trade in a range because there is a strong resistance at 105.54 with fib 50% level confluence and because USD/JPY's price chart has made similar paths up twice and i think it is likely that it will do it the third time, history tends to approximately repeat itself. My bias of USD/JPY is short for about a week or till it...
1. Channel 2. Waiting for a double top 3. RSI_7 and Stoch_8;5;3 were over sold 4. In a case of double top will I be looking for RSI or Stoch divergence. 5. The bullish trend-line was broken. Waiting for the double top and divergence.
Everything can be seen or read on the CHART. 1. Winter Demand UP 2. If Dollar goes Down Price(NatGas) UP 3. Positive Technical Analysis 1.+2.+3. = ====>> to rocket UP; explode(?)
Based on structure and my long term bias (Related Idea). While i'm writing this time goes and market moves so i'll keep this short so that you would see what i think will happen before it or maybe something else does. All exit and entry points are displayed. Thank you all for viewing if you like my stuff and want more you can look at it follow me and like my...
NZD/USD is in a down trending channel and my bias is short (To take a look at the one related idea). Bases :Bias, Channel, Stochastic RSI SHORT SETUP IF price reaches 0.86962 THEN i will go short, and place my tp order at 0.86459, but sl order at 0.87151 ____________________ Signls IF This Stochastic RSI crosses the 80 oversold zone it will be a...
NZD/USD has been in an uptrend since 2013-08-30, it's last move up is looking exhausted, and has been moving down in the direction of trend-line-resistance and previous structure-resistance for a few days. I think that it's likely to retest the trend. I have a shorting bias on this pair - NZD/USD, and i think that i will continue to have it for about a week,...
There is a channel bouncing of support of long term trend, previous structure resistance and Some structure. Momentum is has been picking up And stochastics RSI are very oversold. I will place my open long, stop lose, take profit orders as placed in the screenshot. But i will wait for some bullish candles. (doji dragonfly ) TO SEE THE LONG TERM TREND ANS STRUCTURE...
Uptrend was stopped by a head and shoulders pattern and a down trend started creating new resistance lines and bouncing off older ones. It now faces a trend resistance line actually two of them and previous resistance level will try to not let price higher. In this trend there was a falling wedge witch broke out to the down side and now the trend has made a...
Short term short looking for some 47,48 pip. Position opening place, exits can be seen in the photo. Bases: Down trending channel inside a down trending channel with rsi(3) at 90.
Technical Outlook EUR/CAD had a long rally followed by this down channel which cloud end up as a retracement if EURCAD went up. There is a lot of structure at 1.43482 and there is a fibonacci 3.82 level close right at 1.42677. I can't say now what this pair will do because it depends on oil prices and fundamentals, but i expect a short term rally when price...
ENTRIES AND EXITS ARE DISPLAYED IN SCREENSHOOT Take a look at eur/usd weekly and mothly charts, there is a zigzag channel and a downtrend which's resistance line came right into the double top at 1.3969. I think that this is just a start of a long term channel and trend down (read the second line;) IF you like my idea/ideas please follow, share and like my stuff....
There is a long term bearish trend that indicates that a price action to the downside could take place. But USD/DKK pair is highly correlated with other major pairs like usd/chf, usd/jpy, it look like usd/chf will go down and usd/jpy up, so which way is it gonna go it can't tell me. But the technical (swing style) analysis are saying to me that there is a long...
Bases: Fib. confluence with structure, Stoch RSI, Robust Trendline, momentum building, Stoch RSI14,14 2.92 on weekly chart. There was a channel, which was broken and stopped by a strong leg, but the trend is continuing, and after analyzing this chart, I think that it will form another channel. At the Level 1.06374 there is a lot of structure which is likely to...