I have indicated two possible trades a bearish hammer and double top. I have placed a sell stop market noise under the bearish hammer and since the double top entry is so far away that will be the second entry.
I've spotted a falling trendline break which is one entry and a potential double bottom. I've entered the trendline break but still waiting on the buy stop for the double bottom.
Possible double top forming on USOIL/WTI, I have placed a sell stop below the neck line if price action confirms the sell.
There could be a possible rising support line break, MACD and histogram is about to turn. I've placed a sell stop below the trendline to possible catch this short.
I've spotted a rising trendline break on ETHUSD, this trade could fail. Watch out for the 100/200MA on H4 they are possible areas of support.
I spotted a potential 2 bearish bar reversal. I've placed a sell stop market noise below the 2nd bearish bar.
Seem's like AUDUSD broke the falling trend line but have to be careful of the 100/200MA that is close by.
Similar to my AUDUSD idea, price action broke the falling trend line and seems to be bullish. Please be aware of incoming 100/200MA.
Going with the idea that GBP may be priced in and that AUDUSD is showing some strength, I'd expect GBPAUD to weaken. Slowly, people around the world are getting vaccinated and getting things back to to normal. AUD should be ramping up exports to China further strengthening while US is deflationary.
With strengthening exports from AUD due to the world slowly recovering from COVID-19, AUD should be getting stronger. CAD because of Keystone XL would not be able to get a better price for it's oil, being log jammed and land locked.
Using a price action strategy other than my normal go to, Elliott Wave. I see two possible entries for short on LTCUSD, engulfing bar which was confirmed by an inside bar and another bearish bar follow. Also, I see another possible short as price has tested 200MA and now possibly heading south of 100MA. Initial stop loss is set at the top of price action.
Possible double top and rising trendline break spotted on NZDJPY. Sell stop has been placed, let's see if it triggers.
possible sell idea for nzdchf. Bearish hammer and possible rising trendline break spotted. Sell stop has been placed, let's see if it triggers.
Possible short for nzdcad, i spotted a bearish hammer and possible rising trendline break. sell stop placed below market noise of the trendline.
Price action tested the 200MA and bounced upwards and crossing 100MA, I've placed a buy stop above market noise to possibly catch this long. I don't like the risk to reward because it's near a resistance zone.
USDZAR touched the 200MA on H4 and provided support, there's a possible chance that the 100MA could be broken. I've placed a buy stop market noise above the 100MA.
Bit of a different approach than my usual elliott wave. I see a possible engulfing bar that is potentially confirmed. I've placed a sell stop below market noise of the confirmation bearish bar.
Like my previous two posts on LTCUSD and ETHUSD, I see possible engulfing pattern on BTCUSD. I've set a sell stop below market noise of the confirmed engulfing short, let's see what happens.