i think we will go more down for GBPJPY , i looking for good chance to sell it and it will be perfect chance after breakout . we have a flag and may be will do ABCD pattern . :D :D its look like GBPUSD right ?
USDNZD: This is the first pair to show a clear bottom forming and with good prospects of a decent rally for dollar bulls..hate to chase things but this is an exception if you can handle the stop being left below today's lows...that way it's very unlikley to get hit in near term. This is a good trade by look of it ...check 1 minute chart and look to get long on...
The litecoin bitcoin ratio has held strong during bitcoins rise. A potential Adam and Eve formation could see LTC dropping to the 0.0125 range, signalling a local bottom. Get long if Eve forms
Price might be forming a double bottom neat the weekly level. break of the neckline will be a good indicator to go long also, this upward move might be a retest of the red trendline which formed a wedge on the weekly time frame.
vodafone looks poised for a nice breakout here
Nature cycles return to their centers, and for every action there is an opposition.
There are many interesting formations on this chart. First of all is double bottom where pair reached 0.00100000 in March this year and October 2015. It is clearly visible on weekly chart. We have upside down head and shoulders formation created from doji candles (it’s look better on hourly chart) . Rounded bottom (marked with blue curved line) . Pair is trading...
volume surge on tripple bottom wedge breakout could look to go long with generous stop or wait for pullback
Triple bottom marked (three orange ticks) combined with GAPS (black parallel lines) above psychological level created very solid support. In my opinion it is good idea to wait for the pair to go close to the 0.0020000. I would look for 0.0062000 area as the good TP but there is a chance that 0.0050000 will most likely bring some interesting price action. I...
This is zoomed idea which revealed three soldiers formation triple bottom and 7500 level which stopped all attempts to go lower. Losses were stopped by strong support mentioned in previous Idea, at 7500 which also created irregular head and shoulders pattern or triple bottom. This configuration of signals combined with three soldiers pattern on 4H chart makes...
Losses were stopped by strong support mentioned in previous Idea, at 7500 which also created irregular head and shoulders pattern or triple bottom. This configuration of signals combined with three soldiers pattern on 4H chart makes it quite nice opportunity to enter the market. I marked double bottom from May last year and January this year. What we can see...
If the market were truly bearish, then "Gold" and "Vix" hadn't taking any pause in rallying strongly higher this week. Instead both dipped lower in the last days and the US stock market remained sideways holding above its lows. Until real strong fear starts creeping back into the market there is no reason to panic. Especially if bears capitulate next week, because...
There is slightly irregular three soldiers formation on hourly chart. Weekly chart is revealing price range between the Aussie it trading for the last year( Range between 7170 and 7710) Bottom line was tested twice while the upper part was tested multiple times. It is clear that every time price reached bottom part of it and than moved very quickly towards north....
Bitcoin is on the rise when I'm posting this idea. Orange ticks marked double bottom formation which is holding pair above this level. As you can see important Fibonacci level 38.2% (combined with round number 3K) was rejected 13th of April. Pair is in consolidation for few weeks. Market is respecting support at 2600 which could be use as the Stop Loss area. It...
The "S&P 500" did not close Tuesday at the lows of the day and also closed above the EMA 50 on the daily chart. The "Russell 2000" small-cap company index ended Tuesday unlike the large-cap US stock indexes with a higher close. And US President Trump floats a complete repeal of the Dodd-Frank bank regulation act, which is very bullish for bank stocks. All of these...