esperando rompimiento y largo recorrido.
GBPAUD well, there is not much to say, in 15m just broke a nice resistance, it seems that will make a nice shoulder-head-shoulder, also seems like the 1h and 15m 5th elliot wave, and the end of a 4th wave on 4h. It coudn't suppas the fibbo resistance. And well, in the lv2 there are like the HELL of a lot of selling positions right above that is scaring the price...
Hi Traders, We have a lovely Head & Shoulders (H&S) reversal pattern here on GBPAUD. If you are looking for a short entry, see the chart above for a potential setup. The head and shoulders reversal is now complete with the break and close below neckline support. A pullback into that previous support level will give bears a solid opportunity to add to positions or...
Bearish cypher pattern in an underlying balanced market
USDJPY sell setup when price touch trendline and resistance at 26/04/2016 FX:USDJPY
The GBP JPY Downtrend is expected to continue, spotted a possible entry for anybody looking to get in on the action.
I would like to show you the perfect signal from a such indicator like Bollinger Band. This indicator is very interesting by contractions and expansions which follow each other. After contraction there will be expansion and good trade opportunity with good movement. This daily chart Nikkei 225 shows the same. Price closed out of Bollinger Bands, MACD and DMI...
Rest of hope in the Markets similar to 1994, but now we have not the positive divergencies as in 1984. Today some divergencies are visible but not so powerful. Comparable divergencies in 2000 and 2008 downstream had only short term influence. And in the last indicator you can see the missing link, no action in 1984 but in 2000, 2008 and today.....
GBPUSD Sell Setup Pair is about to complete a triple cycle up. We can look for short setups near the 1.45 zone with bearish divergence on top. Great risk:reward ratio here! Protect last high created. Target 1: 1.4370 target 2: 1.4280
AUDJPY has finally broken out of a two week triangle, lifting above 85.880 and is signaling further gains to initial target of 86.420 & 86.700 & finally 87.840. Intraday dips should attract buyers, only a move below the lower triangle trendline will the breakout be considered a failure. Our algorithm is putting the odds of hitting price targets at 62% over the...
Price is under bearish divergence. There is strong resistance on the way. If we get one more top on MACD histogram near the trend line and the resistance zone marked on the chart preferably with a false break we can go short. Final target would be the 50% of the whole move
Possible triple cycle to end near 1.1450. From there we can look for short positions and aim 1.0987.
A nice correlation trade between GBPJPY and USDJPY is forming. The two pairs are currently trading with a spread of 550 Pips, the widest spread since the end of January. Our algorithm is giving a 79% chance of GBPJPY coming in and a 74% chance of USDJPY rising. With that said we will be going Short GBPJPY at market and Long USDJPY at market. NO STOP will be...
Looks like we are going to have a nice opportunity to hop on a bearish cypher pattern in an otherwise bearish market. The USDCAD0.78% has been trending lower for a little while now so this will present a nice chance to jump on the downward trend. Entry 1.3424 Stop above swing high 1.3485 1st Target 1.3365 2nd Target 1.3326 * If 1st target is reach...
This pair is threatening further downside pressure as it ended last week giving back all the gain from the previous week. Sitting on a short-term uptrend line as the RSI and Awesome Oscillator diverge from the pairs uptrend over the past 5 weeks. A break of support at 0.77000 leaves room to run down to 0.76000 - 0.75500. We will be giving price action some room...
Strong bearish break of the 50% fib level signals a potential move down to re-test 110.972.
The pair has broken the previous daily trend line and is now likely to continue fall as the week progresses. I am now short with a target price of 1.07500 - beyond this further declines open the 1.05500 range where a rebound is almost certain.