Use low risk and trade this, you can get decent profit. SL : 1.6520 TP1: 1.714 TP2: 1.772 Trade with care, pls think twice before entering into trade!
I tried to put all possible wave count. look for b wave upside for long setup for next week. I believe that dxy will go into consolidation for bull flag. Fib target for (b) is 1.25490. I will update any change. Enjoy Trading.
Hedge Opportunity! Set a long: Entry: 3.8369 TP: 3.9113 SL: 3.7799 Set a Shot: Entry: 3.8369 TP: 3.7486 SL: 3.8877
Setting a buy stop order at 44.3 with SL a few pips below the midlevel of pivot and fib, and conservative TP near 45.0 (R1 pivot). Long-run outlook is still bearish though assuming stronger USD, but oil might continue its rally if the OPEC cut goes through by the end of this month. www.reuters.com www.bloomberg.com W1: D1:
All we Need to Do is Waiting Blue Line ( Price Action ) And Take Buy For ( Long Terms ) The Red Will Be SL and The Green Line Will Be TP Good Luck
Similarly to the NZDCAD, we have another setup developing on the AUDNZD. Let's wait for the breakout with confirming indicators.
Not a bad ascending triangle setup, considering the fact that they are almost never perfect "textbook" setups. Since price is once again at the support trendline, this is an excellent place to buy this pair as it breaks past the horizontal resistance zone at 0.7760
Nothing lasts forever, especially supports and resistances. The red channel resistance trendline was broken as a result of the US election. And although I was looking forward to another short position on this pair, traders must always be adapting to the circumstances of the Forex Market. The extremely long lower shadow suggests buying pressure from the bulls....
Cycle is looking complete so a BUY order at around 19.97600 break should secure your long position on the up trend nice and early... Lots of pips to be had on this impulsive 5 wave up move... 3 orders will be placed to maximize profits...
Recently this pair showed a second double top at the same resistance level. I predict the pair will go down to complete the second shoulder of the inverted Head & Shoulders. After that, it could go up to test the neckline of the formation. IF it breaks out of the neckline resistance, we will have a much better chance of a long position. For now, watch the...
In this chart we want to focus on trading harmonic patterns and how to trade potential opportunities. Our #Forex signal today is EURAUD Buy Limit @ 1.43241 Stop @ 1.40926 and Target @1.45869. Also on the reverse strategy there is a signal to short EURAUD Sell Limit @ 1.45900 Stop @ 1.46906 and Target @ 1.43300.
the market is getting pull back from the buy zone and should go to the sell zone around 1.0965 so you can set your stop loss at 1.0789
I just found this analysis i did on AJ, for a long, it is still looking good for further upward movement.
Looking entry at current price and a re entry at retest
GREEN Line (470) has acted as historical resistance twice Same GREEN Line (470) then became a strong support during end of 2015 GREEN Line (470) acting as support one more time now...I am highly bullish about trend reversal from this point. one may start accumulating.....next quarter results will be good too. Mid term safe target 700 ( 4 to 5 months) almost...
If price breaks over the 0.786 level, buy break out if not then wait for the pull back to price zone 0.98312 for a buy. Target price is 0.99844