support at .618 held - so up to test: 1st- high 1.105, then higher www.facebook.com
Currently AUDUSD is at the edge of a major trend line developed since September. A lot of bearish pressure on the pair right now and a break below the trend might send AUDUSD down. Be caution in the next couple of days and keep your eye out
Well established downtrend is now consolidating. I'm going to wait for a possible support trendline breaking to get involved short. As target I'ill pick bullish butterfly completion point (confluence with a significant static support level)
How to be rolling in cash in no time and become a filthy rich highroler with shitload of money? My plan is simple. Very f****n simple. We all expect Bitcoin to cool down because todays price is simply too high. Unbearable. Todays price counts expectatons 20 years ahead. Real price should be approx $100. These days /till December 31st / we are in overall declining...
This Pair will go really Higher in the Next Year!!!
Good opportunity to go short on NZDJPY, there is a MACD Divergence and also bearish price action at a significant resistance.
There is a bullish engulfing at the beginning of a 5 wave, good opportunity to buy.
ERN broke a rising wedge pattern to the downside today. Quick short, as the break was on weak volume, as well as support nearby to the downside. Target 1 3.75 Target 2 3.50 Tight stop, within 20 cents
WTI Oil continues to trade within the tightening range that we covered earlier, with recent attempt to break above it failed - price is back at the mean. Since our previous overview the range tightened down to 48.5-42, making the potential break from it even more powerful, as the longer the price sits within it, the more energy it has for a potential move away...
Entered this trade just few hrs ago and the Target was hit just couple of mins ago! Over 90 pips profit on this pair alone along with all the EUR based pairs i traded but didnt have time to post them up here b/c i was away from the screen and there wasnt any point posting them up b/c price was reaching their targets already. Attached to this is original post...
Throughout this entire year, USDCAD has been rallying which can confirmed on the larger timeframes such as monthly, weekly and daily. I'm basing this trade based off of that momentum and on a simple trend-contination setup. As you can see, price has been consolidating this past week and along with all the momentum n volume today coming because of greece, Im...
The pair has broken out its range + channel. Confluences: 1/ Downtrend 2/ Retest of 0.71 ( support turned into resistance ) 3/ Retest of the broken channel 4/ Long legged doji, can also be looked at as a high test
We are in a crossroads between major trendlines here. This forms a triangle pattern on which you can apply fib-time lines to predict a breakout (0.764 fib-time). I added some interesting levels and other trend lines aswell. How to trade it: Depending on what side of the triangle (bottom / top) the price is closer to while approaching the 0.764 fib-time, you can...
Price has broken flag after failing to reach lower tramline-a potential indication of strength. The stock could also be starting wave 3 of Elliot wave theory which are long and strong in character. Stop loss around 347 and targeting 440 initially which is about equal to the first wave 2 move. I would say the aerospace industry will remain pretty strong given...
We seem to be close to complete a classical head & shoulders reversal pattern. If we break the neck line around 234, it is possible that we will keep all the way down and then possible short position with an objective around 222. This situation should resolve in the following 2 sessions (8 h)