bounce

Hey guys , - Weekly trend : Perfect support (Red) - 2 H4 trend : Good support (black) - 23.6 fib - Support zone - RSI to be oversold Close before NFP

Bounce off long term support may result on a up move.

ETHUSD Update: The dramatic retrace off of 136 is not a healthy buying signal. This 4 hour chart provides an idea of where new minor support and resistance is based on this recent price action. When I write "healthy" buying, I am referring to the kind of buying that leads to a bullish trend. Since the 160 low was taken out, the major trend is more neutral than ...

short-term trade going long on the EURUSD once it confirms a bounce off the trend line already established as resistance now testing again for support. Likes, Comments, and follows are appreciated! :)

Going off the: harmonics, trend line support and the undersold RSI this morning - price potentially could rise to 1.32 then hit resistance on the yearly downwards trend line.

- Overall fundamentals improving - found support on the the 200 SMA - found support on the 38% fib level

See chart for TA and FA. Support: $1880 Resistance: $2440

Lets go

Sell-off is not through as yet, but expect a bounce back from 200-210 levels back to 240 before the final push below 200 comes about. Volume on the current sell-off is just too unconvincing for the break to happen on this attempt.

Found a pretty good Trendline bounce, Fib Inversions and Fib Retracements confluence short trade here! Let me know what you guys think! May the pips be with you!

I see almost everyone going short on Litecoin. I've decided to become the contrarian voice crying in the wilderness yet again. I've just picked up a boat load of Litecoin at $50 even. I expect Litecoin to continue to trend up this month (more analysis on that at a later date). My guess right now is that Litecoin will hit $60-75 by the end of the month. But for now ...

Hey, found a rebound shot from the AUDJPY pair! with a good 38.2 Fib Level (longer leg) and 61.8 Fib (shorter leg) Level confluence + Trendline confluence! Have fun trading! May the pips be with you! :)

BOUNCE OFF ZONE IDEA

SHORT IDEA

I'm long 500 units VSTM given the completion of the wave cycle + concurrent daily close above .38 fibo AND minor support from the initial trend reversal line established back in March. Be careful though, fundamentals are fairly weak with this small cap company failing to produce a profit. Stop loss set tight at around 1.8. 5 year target at $15+. Short term, I ...

This may be similar to the dip in late may. Not opening a short but have buys set at mid 200 range.

Reasoning: 1) Waiting for the pair to move a little higher till it retests the still fresh supply zone 2) Wait for a bearish signal and enter the short side 3) TP target of around 200 pips (set at confluence between past support pivot + 78.6 Fib level + fresh demand zone) 4) Bearish RSI Divergence which is why I think the pair will be moving downwards really soon

EURCHF This channel is holding for two days perfectly , possible bounce .