Murci

Murci

Positive confluences and path of least resistance being to the upside

Murci

GBP is over sold, and needs a pullback,it is a quick in and out since it looks very bearish longer term

Murci

quick in and out opportunity in an ABCD fashion , supported by many confluences

Murci

Bullish wedge formation after an overextended run, price made a weekly and monthly low test on massive MACD divergence rejecting the psychological level of 10€. Bullish pressure jumped in last week with a massive bullish engulfing that broke its counter trendline. We might make a higher high that will be the first indication of trend change. My first target being...

Murci

Tecnhnical continuation pattern, supported by some fundamentals. No need to over complicated analysis herem clean setup:)

Murci

M: 1. High test 2. Bounce of TL W: 1. Evening star formation D: 1. Bearish MACD divergence 2. Forming H&SH 3. Key area of resistance 4.Deceleration 5. 0.5 Fib retracement 6. AUD looking bearish across the board Intraday: 1. Bear flag on some bearish divergence 2. forming H&SH NEGATIVE CONFLUENCES: 1. 4H 50 EMA on the way 2. TL still being respected 3. D 50 EMA...

Murci

USDCAD is pulling back to test the back of a triangle formation, thus we have here the opportunity to take advantage of the short term bullish momentum before price collapses back to the downside at the 1.30 area later this week or next week. I will make sure I exit this trade before the market reverses

Murci

Pull Back on GBP across all pairs. short term trade

Murci

Intrady confluences aligning perfectly for this shor setup. very good risk to reward

Murci Updated 

Simple ABCD strategy supported by many technical confluences as well as macroeconomic reasons. Nice R/RW

Murci

Quite tight entry but showing a good potential risk to reward. Lower time frames aligning as well.

Murci

Perfect price action indicating further bullish momentum on the Footsie. Investors hedging against a weaker pound?, expectations of a more competitive UK economiy as a result of Brexit (weaker pound)? ...it makes a lot of sense to me. FTSE100 LONG.

Murci

Trading this double top formation to the neckline of a forming H&SH pattern in an economical environment where I hold a bullish bias on USD. Nice R/RW on this one. I will wait fot the close of current 4H bar before pulling the trigger

Murci

Monthly: overall bearish trend. price currently at the 0.618 fib form previous leg weekly: price is decelerating now that it is testing the top of the channel Daily: There is a forming H&S, however I am missing some bearish divegence on the daily ( there is some divergence on the 4H) Confluences: 1. Key area 2. Top of range/ TL 3. 0.618---> trading with the...

Murci

Monthly: ranging, but quite bearish Weekly: bearish pressure, h&S formed, broke neckline and it is retesting it now. ---> The USD is showing a bearish out look for next week...before reversing to the upside, this may favor a rise of the euro to the area of confluences we identified....be patient and wait for the right price action to form. Path of least...

Murci

monthly : bearish Weekly: bearish Daily: Confluences: 1. Key area 2. 0.5 fib 3. tweezer top 4.Trading with the trend 5.Deceleration Intrady price action: Looking bearish, with a forming H& on the 4H & 1H, along with clear bearish divergence on the 1H >>>Wait for neckline to be broken Fundamental overview: The BOC needs the CAD to be low to remain competitive...

Murci

Monthly: bearish Weekly: triple top, range broken and now being retestedm pennant pattern Path of least resistance:TL, 20EMA, key line, go against the trend Confluences: 1. Bounce off a key area and bounce off a TL 2.0.5 fib 3. deceleration 4.Triangle/pennant

Murci

ABCD pattern forming