Major uptrend has been broken with a downtrend now BULLISH MOMENTUM is showing insce touching 116.926 level where the TP os 117.737 can be touched. STOCH and RSI confirm decision. Ema shows price is hovering around the average.
By identifying support and resistance and a solidifying uptrend there are bullish opportunities available. TP of 2974 can be achieved if my prediction is correct with an SL of 2955.
risk reward ratio is around 3, short or long it is up to you.
A quick setup for AUDUSD on 1 Hour Heikin Ashi Chart... What Nawab says? (Our Contributor) AUD fell 1% low after central bank meeting move an open door for a move in August, though Australia is still recovering from major drop in commodity prices, and additionally the employment rate in Australia is stabilize... We are searching for contributors who can...
We are back with all in all USDJPY Potential Updated Scratch Setup 7/18/2016 On 1 Hour Heikin Ashi Chart What Nawab says? (Our Contributor) ============================== GLOBAL MARKETS-U.S. stocks hover near record highs, oil falls and also Japanese Yen fell after the failed Turkey Coup. USD rose above JPY currently. We are searching for contributors...
Hello Traders, We have a potential Cypher pattern if price can work its way down to our entry @ 1.2982 This completes in an area of minor support which presents a good opportunity to go long on this pair. Target 1@ 1.3173 Target 2@ 1.3289 Feel free to follow, like, comment and share www.instagram.com
Potential Short position as indicated by ADX indicator as well as Ichimoku indicator due to chikou span crossover as price action begins to move below the Ichimoku clouds. (Note: This is my first time using the Ichimoku indicator)
Euro vs. Dollar projection for this and next week. Brexit volatility calms down, market noise going to normal levels. Our view is based on 65% technical and 35% fundamental. On US open of 6-th July we expecting pair to reach new low over 1.1020. On these levels pair got high probability to change major trend on 1 hour time frame. In the beginning we expect range...
Hello traders, We have a potential Gartley pattern with entry@ 1.2838 Target 1 @ 1.2916 Target 2 @ 1.2970 SL @ 1.2759 I hope you guys have a good week. Feel free to follow, like, comment and share www.instagram.com
Hello Traders, This pair can potentially produce us a Cypher pattern if price pulls down further towards 101.83 Target 1 @ 102.43 Target 2 @ 102.79 SL @ 101.21 I hope you have a good week trading. Feel free to follow, like, comment and share Instagram @KashMarkets
Hello Traders, We have a potential Cypher Pattern that will complete if price reaches 134.56 This provides the opportunity to go long on this pair. Target 1 @ 136.26 Target 2 @ 137.30 Please not that the risk to reward is skewed with stops @ 132.62. But you could potentially wait for a better entry. Feel free to follow, like, share and comment...
Hello Traders, There is an opportunity to go long on the USDCAD. We will have a complete gartley pattern if price can reach 1.2925 Target 1: 1.2999 Target 2: 1.3044 Feel free to comment, like, follow and share
Hi Traders I hope you doing well. GBPJPY in a consolidation. Sell the breakout
I see a triangle here after the break out of the head & shoulders formation formed over the last days. I think the chance of a break out to the top is more likely so I will stay in my trade I opend at 2083 and wait what will happen. If it breaks out to the upside I assume the targets of 2108 for the triangle and for the head & shoulders formation around 2115. I...
Potential rebound off weekly support line with a rally towards the monthly resistance or a breakout of the weekly support in the future
The S&P500 shows a nice reversal head and shoulders formation on the chart. The S&P is moving in an uptrend for the last days and weeks. I think this formation shows good that the trend will continue after a pullback. The neckline of this formation is also at the 38.2 fib level of the last upside move. So I expect a short term price fall back to 2083 +/-. And...
Price has been trending down with intermediate consolidation areas. At the moment there's a push to buy. If price is making further higher highs, enter as shown for a possible 1:3 RR trade. Beware of intermediate SR zones
We see a wedge with this pair, but with the more long term support, and the change in the head of the Reserve Bank of Australia, we could see a rise. If the pair breaks above the wedge, it has support, and will continue to run, maybe up to 2.0. If the pair goes below the wedge, then it will also have to go below the long term support, which means we are in for a...