UnknownUnicorn772665

UnknownUnicorn772665 Updated 

Nice simple trendline break and trend reversal trade. You can see the previous bearish 4hr trend and trendline has been reversed with a higher high made and now a higher low forming on the 4hr chart. If this new low holds then I can see price climbing up to 108.800/109.00 levels. 0.50 Fibonacci retracement level held strong on this last pullback and strong USD...

UnknownUnicorn772665 Updated 

USDCAD has reached the 1.38600 support zone and is showing signs of rejection. If bullish candle closures remain then I can see buying at these levels should prove profitable. There is a 1hr bearish trend in play (trendline shown) so watch for price reactions there. If that TL breaks to the upside then 1.40200 and even 1.42500 could be achieved. The dollar us...

UnknownUnicorn772665 Updated 

Dow Jones is back at a bearish trendline and appears to show rejection. Would be a good place to short here after todays spike up providing a high reward:risk short trade entry. Stops above the trendline and highs, being conservative with 200 points or more. Profit targets at the previous lows around 22,900 and then final TP at a lower low shown on the chart.

UnknownUnicorn772665 Updated 

Simple short bias day trade on US Crude Oil. There is more pain to come until they cut production massively and I believe we will likely see negative prices on 1st to expire futures contracts again. Target set at daily S1 level

UnknownUnicorn772665 Updated 

Nice break and retest of bullish TL on FTSE100 At this 5800 level there is also the fib 0.618 and previous S/R zone. I am looking to trade this one down to new intraday lower lows around 5400. Profit target 1 is at previous lows and key level 5500

UnknownUnicorn772665 Updated 

There is potential to get in on a short trade on Dow Jones at 23,500 level thanks to a very clear head and shoulders pattern forming on the 15 minute timeframe. I have circled the key points to the patterns and the 23,500 seems like good resistance with prior rejections occurring there. A short here and sell-off could see price reach the daily pivot level or...

UnknownUnicorn772665 Updated 

Nice TL break and rejections of the daily pivot level form below. We have a lower high forming and I am confident price will now make it's way back down to near term support at 75.500 Nice R:R of 4:1 and stop loss conservative above the current wicks.

UnknownUnicorn772665 Updated 

Nice short trade set up on GBPUSD. I am looking to trade this one down to near term daily support and then potentially lower lows as shown on the chart. Stop loss is 50 pips above current price to keep it away from any volatility spike that might occur.

UnknownUnicorn772665 Updated 

I am looking to short Dow Jones at this level. Stocks have seen a recovery in recent days but I believe this will be short lived as more drama unfolds. Stop loss is above the current highs. Profit targets are shown on the chart at the next price support zone

UnknownUnicorn772665 Updated 

Price rejected 15 year highs @ 1.46500 area and is now selling off. On the 1hr I like the break and retest of intraday support at the 1.44400 zone (box on chart). There is the fib 0.618 retracement level at this zone also. I can see price rolling over now and coming back down to the lows at 1.41500. In that area is a bullish trendline taken from the 1hr chart...

UnknownUnicorn772665 Updated 

Taylor Wimpey Analysis. Currently trading at more than a 54% discount from the current yearly highs and price is sat around 109/110 support zone. This price level was the very bottom of the lows seen during the 2016 sell-off. They have a strong dividend yield history paying over 9% and before covid-19 came on to the scene, their company financials were looking...

UnknownUnicorn772665 Updated 

There is a very basic and simple head and shoulder pattern forming on Spot Gold just below the $1700 per ounce level. Bullish trendline broken, lower high seems to be made and if you convert the chart to a line chart, the left shoulder/head/right shoulder looks quite clear. Obviously this is a risky trade considering the current fundamental situation but the...

UnknownUnicorn772665 Updated 

I am looking at a potential bullish set up for the FTSE100. Technically there is a nice key price level at this zone around 6000. The lower 1hr timeframe shows price bouncing off an intraday support level and if the upper bearish trendline is broken then we could see some movement to the upside. There is also a lot of fiscal stimulus coming from the UK...

UnknownUnicorn772665 Updated 

Gold is looking to be rejecting the $1650 resistance zone now with multiple 4hr rejection candles forming. This is a lower high forming and there is potential for price to fall back down to the next support zone at $1580. If that zone is broken then a lower low could be made which I have the -0.27 fib extension level drawn to show. This could be a good target...

UnknownUnicorn772665 Updated 

Nice bounce off of $29,000 support level for price. I am looking to trade Dow long up to new higher highs now.

UnknownUnicorn772665

Nice bearish trendline and fibonacci confluence on USDCAD. 0.786 fib and trendline showing signs of rejection and its a lower high forming. Potential for new lower lows to be made next and then price to continue down to daily support at 1.29520 (Long term)

UnknownUnicorn772665 Updated 

Gold recently broke a nice bullish trendline on the 4hr timeframe that had previously support price for around 3 weeks. Since then new lower lows have been made and price has pulled back. At the current price around $1570 there is a nice intraday support/resistance zone and the 0.50 fibonacci retracement level. Price is showing signs of rejecting this price...

UnknownUnicorn772665 Updated 

AUDUSD is back at 0.66800 support zone and is showing signs of buyers at this level once more. I am looking for a potential bounce of this zone now and price to make its way back up from here now. Dependant on price closing above the support zone on the daily timeframe but I feel there is a lot fo upside potential for this pair.