price holding Support and we have really good Daily Closing. here price at support so we can enter this trade with minimum loss ratio
Price dipped below the support but has begun closing back above. I will zoom into the M15 MS and try to find a slightly lower entry to yield a 2+ RR to Daily resistance.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Looking for a pullback to H4. Great continuation rounded bottom.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Short the 1H MS loss and retest of daily level. Targeting lower daily level.
Price is hitting standard resistance as well as Gann box resistance while loyally adhering to the green dotted transagonal trendline. Another indicator of a short at this point is that RSI has reached overbought zone. Here's to Success!
Adam&EVE is forming. 6.092 is the breakout resistance of the pattern.
Pattern: Channel Down since 2011. Signal: Bearish as the new Lower Low leg is still halfway through. Target: 4.400.
Hi there. Price is forming a possible continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
ZAR/JPY is an exotic currency pair that I do not trade very often. But I see an impulse wave carrying price up to resistance. Price touched the .618 very cleanly and moved up.
Target: $6.5 Position: Risk Free Catalyst: Inflation data from Japan exceeds expectations.
Moving average crossovers are always interesting, so let’s start there: ZAR/JPY crossed below its 100 and 200 day moving averages yesterday. As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa. The closest is the 100 day average, which is 3.7 pips away. Related to...
Hello Traders! We would like to show you a game... While Penguins are on the hunt, you can easily join them as well! It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs. Targets are marked on the chart as a crosshair. Heart in the box - a place to jump in/out Sign with exclamation mark - places to be aware of a few...
CHF/ZAR has broken down outside of an ascending channel. If price retests the resistance, I will be looking for a short opportunity.
Weekly pullback traded in the 4 hour chart against the long term downtrend