BOX breaking support, volume increasing, EMA's are bearish, edge is bearish.
In USD/CAD pair I found a nice Box in H1 timeframe. If break this box upper, our next target is 1.2525-1.2538 level or if break this box below, our next target is 1.2445-1.2400 level. If break upside box we going to take long position with 25 stop loss . If break lower side box we going to take short positon with 25 stop loss.
As per as our view we can see a range on EurUsd for a long term and it has made a box like topper bottom and many time it has tried to test topper and also bottom. Both side it has been failed to break and finally it is ranging in the box.We can see that it has refuses from the topper side for 6 times and from bottom side it has been refuses for 6 times...
Oil is hanging on a box in h4 chart. This time it has been bounced from bottom and might retest the topper.We can see some good resistances between the box.We have seen the breaking of 200 EMA already between the box.We expecting it will test the topper of the box and most probably it might break the topper with the resistance.If successfully break the topper of...
SPX is trading in a range in the last 20 days as you can see by the frequent MACD and Moving Average crossovers. Since, BB is inside the KC, the idea is to jump in the winning side of the battle of bulls vs bears at the same moment that volatility start to come back to town. There is nothing really special about the stop loss of this trade, they are around the...
AUD/USD possible reversal zone by WD Gann theory
GBP/JPY possible reversal
I like the idea of plotting the entire quarter around the price action so you can see where the stock is during the beginning and end of a quarter and how the quarters stack up against each other. Then I noticed that a trendline across the top right corner of the quarter gave an interesting price level and then kept drawing them. Notice they are somewhat...