mikeycload97

mikeycload97

will be looking for longs if we break above 1508

mikeycload97

Trading the range

mikeycload97

Break and retest situation

mikeycload97

Aiming for a third touch of the descending trend line. Making the most of this ranging area. If we break through this grey support I will be looking for shorts seeing as H&S has been formed on the daily/4hr, target being 1439.

mikeycload97

Looking for this grey support area to break and close below, retest and continue to make a new lower low on the long term daily downtrend. The recent daily bearish engulfing candle tells me that we will break out of this range sooner rather than later

mikeycload97

Awaiting retest of resistance for longs towards 1552 and beyond

mikeycload97

will be looking for a small sell opportunity if we break and close below grey support of 1488. I will be looking for longs if we break above 1520.

mikeycload97

We have broken out above the 4 week daily range with a bullish engulfing candle. I will be looking for price to break past 62.85 for long term longs

mikeycload97

We are now approaching the trend line support for the 4th time in a clear strong uptrend. The 0.236 fib lines up with my green buy zone in which I will be looking for long positions. 1.66200 will be TP1 and TP 2 will be 1.67890.

mikeycload97 Updated 

We have closed below the support level of 1.63300 with a big bearish engulfing candle, if we can retest this level on the 4H timeframe and stay below, I will be looking for shorts to 1.61000 area for another touch of the bullish daily uptrend line.

mikeycload97

The past few weeks we have failed to close above the region of 1.33300, we have been ranging in-between the purple zones. I will wait for a break and close outside of this range which will then give us our directional bias.

mikeycload97

I feel as though we still have further downside to be seen on this pair. pullback towards 1.10270 and then look for shorts there

mikeycload97

Will be looking for shorts on this pair if we break, retest and stay below 1.32500. Target 1 will be 1.31900. Target 2 will be 1.30250

mikeycload97

Short idea for EU. Broken support, retested multiple times failing to close above support now resistance. multiple wick rejections. target 1 would be 1.11110. if we have big bearish candle closure past 1.10700 i think the next long term target could be 1.08500. close above 1.12200 trade is invalid.

mikeycload97

I feel as though we are still bullish on gold, expecting a pullback to the 1480-1460 level before breaking out of 1500 for further upside

mikeycload97 Updated 

As we closed above the major resistance level of 1350 2 months ago, i do believe this a very bullish sign that we will continue to reach highs of 1500. As you can see we are still in a daily bullish uptrend. We have created a double top at the 1445 level. I think we now may see 1 more tap of the support trend line before rocketing past the 1450 area. Or we may...

mikeycload97

I do believe this is a bullish fakeout of the daily bearish trend. We have a lovely doji candlestick on the daily which has rejected the 50 EMA to a T. We can also see the 61.8% fib lines up aswell

mikeycload97 Updated 

This is my short term long idea for AUDCAD. We have broken out of the daily downtrend with a bullish engulfing candle. we have also broken out of consolidation zone and are currently retesting as support. This is just an idea and am open to all the constructive criticism I can get as I'm still early stages of trading!