Murci

Murci Updated 

Daily morning star at a key weekly and daily support level. Intraday MACD divergence and an intraday trend change with prices making HHs on the 1H chart. Price also reteting key support at the 1h EMA which coincides with the support zone at 1.19. Safest target is R1. Riskier target being 1.2

Murci

OIL is in an over extended Run, losing momentum and showing MACD divergence in all time frames, price broke the daily Trend line and is now making intraday Lower highs and lower lows: Intraday trend change. Then we have a H&SH pattern which is visible in the 4h and 1h timeframes. Price broke below the neckline and it is retesting it now. which coincides with a...

Murci

Key weekly level, playing the H&SH pattern to the downside. Trend change confirmed.Price already making lower highs and lower lows

Murci

The CAD looks bearish across the board. Break and retest of a wedge pattern formation. Multiple onfluences across 1h, 4h , daily and weekly timeframes. First target at a resistance cluster at the 1.681 area. I will look to bullet proof if that levelholds. Second target being next weeklyarea at 1.775. I will probably exit earlier if the 4h chart stars to...

Murci

Long trading idea. Beautiful morning start formation on the monthly chart with gives me a bullish bias. Price pulled back to 0.5 fib and 1.27 support, forming a descending wedge continuation pattern and then breaking out to the upside with a bullish engulfing on the daily. Decent R/RW to next weekly level at 1.32 But I will close it down early if daily starts to...

Murci

Price at a major resistance. Daily deceleration and a high test. Intraday H&SH within a bigger wedge. Price broke below the Trend line and below major intraday EMAs. I am targetting the next daily level at 112, however I may close it early at the 1.618 fib extension (113 level) if price rejects that area.

Murci

Beautiful H&SH forming + a bearish flag formation that was broken to the downside and then retested intraday. There is room to go to the next key area of support at 1.15 for 4/5% risk/Reward. On the fundamental side of things, USD seems to be picking up momentum after a tax reform plan was revealed.

Murci

USD dollar showing strength across the board, with the DXY forming an inversed H&SH patttern. Along this line AUDUSD is showing bearish momentum form the daily time frame. Thus a trade short, targeting next fib extension at the 0.775 level which is also major area of support & resistance for this currency pair (0.775-0.77).

Murci

Pivot was broken to the downside with good momentum and 0382 fib was also rejected. This is a quick 1:1 trading idea. I am only targeting recent open and close prices due to 4H timeframe still looking a bit bullish, but I think this has potential to go much lower. The only reason I am going with a quick in and out trade is that I am waiting for higher time...

Murci

short momentum play down to S1 offering a decent R/RW. It may be good enough to push it further down since price is forming a H&SH pattern on the daily timeframe...however with NFP being tomorrow I wouldn't want to risk being stopped out due to volatility..thus it's a quick in and out for me.

Murci

EURUSD SHORT opportunity due to weekly high test and intraday trend change. Short term momentum is to the downside

Murci

H&SH pattern to the downside off a good weekly resistance level. First target being the 0382 fib level

Murci

Short play based on a double top and multitime frame ananalysis and on intraday conluences. Two potential targets. If bearish momentum is still there after target 1 is reached I will hold to target 2/

Murci

This trade has the potential to go quite far to the downside. I am playing the 1H H&SH formation to the downside and I will monitor this trade as it reaches the 0.725 level. If price break below that level with enough momentum I will consider holding it further down.

Murci

Weekly reversal play. Daily overextended bearish run needs a pullback. I am playing the intraday inversed H&SH pattern, targetting the next 1.618 fib extension, but if I see enough momentum after EMAs are broken to the upside I will consider holding this trade to previous weekly highs. A break below the 4H50EMA making a Lower High on the daily time frame may...

Murci

The bullish run is over extended and needs a pullback. Price broke a well respected trend line, breaking below many intraday catalyst. Now Price has pulled back up to form a B wave and it is likely that after rejecting major fibonacci levels, it will resume current momentum to the downside, thus completing the ABC pullback and consequently retesting the 1.355...

Murci

Really good setup supported by the big timeframes. Break and retest of TL in the weekly time frame, with last week being a high test off a resistance level. Daily chart showing a break and retest of TL which also happens to be a perfect H&SH formation with price already making LHs and LLs. Then we have a break of the counter TL in a Evening start formation with a...

Murci

ABCD strategy, targeting next level