gold is currently presenting a decent shorting opportunity. it is showing multiple rejections of the 38.2 fib and is currently being capped by the 50 ma on the 2 hour. A strong close back below the 38.2 and we could see a continuation lower to the 1.27 fib extension which also lines up with weekly support. targets at 1194.63 area
Might be time for a correction on this pair! Let's see if the pattern(s) complete... 100+ Pips Bat Pattern Buy 200+ Pips Crab Pattern Buy 200 - 300+ Pips Sell on Pullback and continuation lower... Good Luck! KEEP THE RADARS UP!!!
HAD A GOOD RUN HERE STILL LOOKING FOR MY ORIGINAL TARGET OF $32 POSSIBLE CONTINUATION WITH ALCOA'S SPINOFF ARCONIC'S 1ST 1BN$ SUPPLY DEAL WITH AIRBUS GROUP SE LAST WEEK
It looks like NZDUSD is in a bearish movement, with a falling wedge. It has broke a support level that was hit in mid October This support level has now become a resistance level, in the end of this week. There seems to be some bearish takeover, with really lower highs and lower lows. It will possibly go down to around 0.69700. This is because this level was hit...
2016/11/17. S&P 500 stock index forecast for next months and years. S&P forecast for November 2016. The forecast for beginning of November 2168. Maximum value 2266, while minimum 2010. Averaged index value for month 2146. S&P 500 at the end 2138, change for November -1.38%. S&P 500 forecast for December 2016. The forecast for beginning of December 2138. Maximum...
Possible Gartley continuation BUY... 400+ Pips BUY Good Luck! KEEP TH RADARS UP!!!
MIGHT BE TIME FOR SOME DOWNSIDE! 500+ Pips to Either Pattern completion... Good Luck!!! KEEP THE RADARS UP!!!
400+ Pips SELL 800+ Pips Gartley completion BUY Good Luck!!! KEEP THE RADARS UP!!!
-weekly counter trend line broken -daily counter trend line broke -4hr fib found support of the 38.20 level. -awaiting break of 4hr counter trend line to go long -target 1- fib 127.20% extension level
Clear potential for longs here. We got nice fibo levels, outsidebar, MA150 which proved to be effective in May, trendline and nice support zone(also harmonics signal which I ignore but anyways, it's a fun addition). There are also few trouble areas to keep in mind(light blue boxes). Initial SL right under outside bar low - to be adjusted in the future.
not a pretty one but if this gets above that 8.60 level it could have a follow through
Perfect head & shoulders on this pair, finding strong resistance at high of 0.96. A bullish head and shoulders in an uptrend classifying as a continuation pattern, with added pressure at this level, a break would produce a push to the 1.00 mark. As a swing trader, this should provide plentiful opportunities to enter long positions on the lower time frame - specifically 4H.
AUDUSD has formed a good short opportunity A completed Libra pattern has broken and retested the neckline, I am short at the purple line.
Possible reversal point coming up!! Observing this one for a large move...let's see!!! 10 to 1 RETURN ON INVESTMENT if this works out!!! 400+ Pips up to target Good luck!!! KEEP THE RADARS UP!!!
Ending diagonal close to 618 retrace zone... 100+ Pips to target Good Luck!!! KEEP THE RADARS UP!!!
Hey traders! We have a possible completion of the retrace after bearish impulse on this pair. I have a tight stop placed above highs as any rallies will add uncertainty and invalidate the setup. Big targets below, including missed pivots and 1=3 level. Trade is active, Happy trading!
Hey traders! We have a great setup here with a potential triangle breakout. I like this long here at the completion of potential wave-E. Long is active immediately with tight Stop behind lows. Target is placed at (Y)=(Z). Updates to come, happy trading!
Over the last few weeks we haven't really made much progress in the USD/JPY because there haven't been any significant touches to the trend line, besides the Hanging man that was formed a few weeks ago that gave us our initial bias on how the market will be moving in the net few weeks. Anticipating 400 pip move down into 97.500 fairly soon.