CADCHF been channeling since Maj 2016, in a great way! But this time the channel lower TL meets with a very good support area which make me look very close for another opportunity to trade a new swing and this time is up! Oil is also in a PRZ area, that give us another reason to watch this pair closer. As always we don't just place orders just coz we have a good...
EURUSD reached a strong resistance area and a cluster of 0,618 Fib retracement. We have the Gold also in a resistance area at the same time. If it will reverse, now is the time to look closer at this chart! It's an obvious level so watch out for SL hunting here, and there is FOMC soon! Like if you agree, follow and support!
They broke structure and making a nice bearish flag. Sell the BO of the flag. Like if you agree, follow and support!
Price didn't make a new high here, on a nice resistance look left. We have divergence on the MACD also. So IF price close below the TL and retest with failure, i will go short as shown in the chart. Like if you agree, follow and support please!
USDSEK did climb for a while now and getting closer to the highs of 2009. It couldn't make a higher high and did just broke and close below the TL. i'll be waiting for a flag or retest of the TL. IF price fail to make a higher high THEN i'll be looking for entry reason for short. Like if you agree, follow and support please!
We may have an AB=CD completion, near the lows of 2016 and a 161,8 Fib extension. RSI oversold and divergence. Like if you agree, Follow and support please :)
Oil is heading toward an area of interest see the chart for details! Like if you agree, support and follow please!
All three are on support and we have some price rejection. Will be looking for buy reason and targeting the previous swing high on one of them that look best for me, and meets my etry rules.
All the details in the chart :) Like if you agree, follow and support please :)
If it break and close below structure and retest failure, then i will be interested to short this pair!
Price got rejected on support, will buy this AUDJPY @ 79.100 the rest is on chart. Like if you agree, follow and support please!
Price is heading to complete an AB=CD pattern at 1,618 extension, at the same level of the upper channel TL and RSI oversold. Keep an eye on the 0,7563 level and watch for bearish evidence b4 you short!
I think we now have a better chance to short oil! It reversed on major resistance, crossed the trend line and the 50 EMA. You can sell the correction or the bearish flag. Or you can sell the failure of resistance retest. This is in my view the safest way to short Oil on this level.
It is time to watch this closely! Price broke the 1 year old trend line. But we still have strong support to deal with, and the 100 EMA. A daily close below those two, and a retest, should be a great shorting idea. If not we may have another led up.
Going long at support, watch out for SL hunting near that area. The big guys knows that lots of traders will be going long with a SL just below the lows.
Are we going to see a BO of the flag and a trend continuation to test the highs @ 0,7500 on the AUDCHF?
I'll be waitin for a break down as shown, then the retest and will be selling the buyer failure if it occurs. Like if you agree, comment and share your thought and why not follow!
We have price rejection near support area, and on the fib 0,618, the 50 EMA and inside bar candle. We have good up momentum also. I'm going long if price go above Friday's high! Please comment what you think about the idea so we can learn from each others.