Long from 800 sma to top of range TP Short from 800 sma to 50 sma TP 1 Enter short brake of 100 sma TP 2 bottom of range
Divergence in 1H chart between price and macd. 15m Chart has entry. Buy stop @ 6650.00. TP 1 50 sma TP 2 100 sma TP 3 800 sma
Pair may fall where it is or pullback up to 800 sma and top range level. TP 1 Short is 50 sma TP 2 Short is 100 sma
USM is now in a broadening wedge pattern. Past volatility has proven profitable, hence my long order is till 50 MA and my short order is till the last low.Also, the volume has decreased showing there maybe a large breakout about to come and the Coppock curve is in a horizontal pattern and has also gone negative so it may rebound and go positive.
Pair at bottom of range Long Trade TP 1 50 sma/50% fig TP 2 100 sma/61.8 Fib Short Trade TP 1 -27.2% fib @ .7607 TP 2 -61.8% fib @ .7582
Pair is in between the 50 and 100 sma. Price can return to the 50 sma and try again to the 100 sma or just continue to the 100 sma. Watch the 15m chart for entries. TP 1 is the 100 sma and TP 2 can be the 800 sma. A second entry is possible if the bearish trend moves to the 800 sma after a 15m break-hook-go of the 100 sma.
Find a pair price is close to 50 sma. If news is weak dollar then price will rise through 50 sma to 100 sma.
Price at range top and a triple top Day resistance. Enter break of 50 sma TP 1 at 100 sma TP 2 at range bottom @ 113.00
DVN previously has produced a head and shoulders patterns, hence the decrease in stock price for the long period. But, recently the stock broke out of its flag pattern and it is also earning report day for DVN today. So, there is an opportunity. I have put the Long order at the next fibonacci level, as that will provide support and resistance. The Long take-profit...
Bearish breakout of range failed. 100sma is supporting price and making a small range. Entry long would be breakout of small range box. TP 1 is 50 sma and TP2 is the range top zone. Macd is ready to move up.
ATB Triangle Pattern Indicator showed open short trade alert. End of US Trading Day. Low price momentum. Price may come half way and go sideways. Then return to 50 sma and then continue move back to the 100 sma once there are more sellers in the market. Macd has room for the fall.
Pair is rangebound between 100 sma and 50 sma. Breakout TP will previous support and resistance levels.
Pair is in a descending channel. If price breaks long TP is previous resistance @ 134.40. My bias is short. Price bounced off top channel trendline. There is divergence in rising price and falling rsi. Macd is over-extended long. To confirm bearish move watch for lower lows and lower highs on 15m for entry. 50 sma 1st TP short. 100 sma break short is 2nd...
How I turned a run away -112 loss active live trade into a 36 pip profit and only -26 loss (62 pip win minus 26 pip loss equals 36 pip profit). EURJPY 15m Chart - I hit the wrong timing and as many I let my loss run too long. I knew from other pairs and time frames that the EUR should drop and the JPY strengthen. When I saw a double top and a close below the 50...
Price is at the top of a trendline and Channel Top. Taking reversal short trade. Breakout at Channel bottom may bounce at previous support level @ 1.1615 area. Take long trade if market fails to continue bearish run back into channel up to 50 sma or channel top.
Pair is at the bottom of a range box. Pending orders for long or short trades. Long TP is 50 sma. Short TP is a Weekly Pivot @ 1.3080
Pair has continued down from the 50sma and made a new low. There is an entry zone from the 50 sma to 1.6300. TP is previous swing low @1.6165. Watch Macd as it moves above and below the 0 level line and the Red line for direction. Is there a H&S pattern here? Comment below and tell us what you think will happen. It is great to learn one from another with your experiences.
Pair can return to the 50 sma before price falls short through to the 100 sma. Price could fall below the 100 sma and do a break-hook-go short. TP is a previous support level. Macd will show direction if it rises up to the 0 level line and then drops below the Red line. Comment below and tell us what you think will happen. It is great to learn one from another...