W1 - Price has reached a key resistance zone. Bearish divergence. H4 - Bearish divergence. Until the key resistance zone holds my short term view remains bearish here. A valid breakout below the most recent uptrend line would be the validation for this bearish view.
EURUSD is on a Bearish Trend, trend traders and trend continuation traders can wait at 0.9813 when the market retest the Key Resistance level for a trading opportunity.
OANDA:AUDUSD A break and retest of key support turned resistance on AUDUSD. Bearish Engulfing candle is confirmation to go short
Structure Trader, you might have an opportunity to engage the GBPUSD on a structure based trade and to engage your counter-trend trade on the Key Resistance Level at 1.2179.
On the daily chart, the NZDUSD has hit its Key Resistance Level; it does have an opportunity for trend traders to jump onto the trade. On the 4-hourly chart, Point C of the potential Bullish Shark Pattern has a 3-bar reversal formation compared to Point A, and there's an RSI Divergence too. Point C candle didn't break and close above Point A; the above...
the dollar went down due to the shock of energy price and it help Aussie goes higher. my analysis shows 0.76480 key resistance might end the AUDUSD bullish trend and also complete the ascending broadening wedge pattern for this pair, personally, I will wait for the price rejection occurs at the key resistance level before placing any sell order. good luck...
USDCAD reached the key level of resistance in the daily chart. With a pin-bar or a long shadow, the candle do get me interested in shorting it. Wait, an RSI Divergence as well? I'M ALL IN!!! Let see how it goes. While we have this kind of feeling when we spotted a trading setup that meets the analysis we have done days and weeks ago, we have to remember those...
Having the Weekly Support level 1.3606 turns into the Key Resistance Level, GBPUSD is set for a ride down for the foreseeable future. I'm waiting for a shorting opportunity when the market retest 1.3606. Another shorting opportunity could be the bearish trendline that went across Point A to Point C on the Emerging Bullish Deep Crab Pattern.
D1 - Price is holding below the dynamic resistance. H4 - Price is holding in a key resistance zone formed by the 161.8% of the first wave and the 61.8% of the second wave. Bearish divergence. Until this key resistance zone holds my short term view remains bearish here.
Hey tradomaniacs, EUR/USD is showing first signs of weakness at a very strong KEY-RESISTANCE-ZONE of the bigger timeframe. The previous rise was pretty choppy and is creating a ptentoal double-top-pattern. If we see a break below the neck-area- we could get a nice opportunity to short. LEAVE A LIKE AND A COMMENT - I appreciate every support! =)...
D1 - The price tested and false broke the 0.91 psychological zone. Bearish divergence. We also have the 61.8% (0.90920) fibonacci expansion level of the first wave coinciding in the same zone, which makes this area a key resistance zone for us. The price is currently holding below this key resistance zone. H1 - Bearish trend pattern. Expecting further...
Hey tradomaniacs, welcome to another free trade-plan . Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. GEUR/NZD: Daytrade-Execution Market-Sell-Order: 1,75400 Stop-Loss: 1,76800 Target 1: 1,73990 Target 2: 1,73310 Target 3: 1,72225 Stop-Loss: 140 pips Risk: 1% Risk-Reward: 2,20 LEAVE A LIKE...
Hey tradomaniacs, GBP/USD is right now at a very crucial price-area and could either continue or change the trend. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)