we making a heads and shulders we may push to the downside 15 min forming an M pattern
USDJPY IS EXPECTING TO BREAKDOWN...ONCE IT BREAK 108.25 THEN IT WILL EXPECTED TO 105 LEVELS IN NEXT ONE MONTH
CADJPY potential Sell Opportunity
This hourly chart shows a break of the trendline. First stop should be at the pivot level @ 0.8620 Happy Trading folks! Cheers!
- Current price action is at support near the 200EMA - 100% pullback on the previous leg/push - Recent divergence on the MACD waterline - Higher probability of upside movement to the upside - Price is still above the 200EMA PLEASE SEE MY RELATED IDEA FOR PREVIOUS ANALYSIS
- Breaks downtrend - Breaks resistance above in strong daily candle - Support below waiting PLEASE CHECK OUT MY RELATED AND OTHER IDEAS
the Audusd broke above, might look for opportunities to the upsite, I'm Neutral till further confirmations...remember this is forex, we let the market tell us what is wants to do and we follow, "the trend is your friend"
Impulse - Correction - Impulse This formula has been relevant for trading on the markets for more than a hundred years, although it was described in detail only 90 years ago by Elliott, and you and I continue to use this knowledge to improve in them. LEAVE A LIKE, COMMENT, FOLLOW FOR MORE....
A Bull flag forming on this pair that could possibly be a final push up to 1.1950 before heading lower. Happy Trading folks! Cheers!
Perhaps you've seen it before.. a shaven top candlestick or maybe a shaven bottom candlestick, so what does it mean? Well, it's a GAP basically and 9 out of 10 times it gets filled eventually. A Shaven-Top candle is a candle with the SAME OPEN and HIGH price level. A Shaven-Bottom candle is a candle with the SAME OPEN and LOW price level. For this pair, on the...
Here's another look at BTC as it breaks out of the bullish channel. Trade with the trend until it... bends? :) Happy Trading folks! Cheers!
we have a great time to trade on the nzdusd. after the breakout, the strong channel market already tests the bounce zone. so now we can enter the market with our risk management
looking for a candle close above the trendline for a long trade. Happy Trading! Cheers!
If the price stabilizes below the short-term trend line, it will be the first move towards 84. And if the downtrend continues, we will decide again. But we are currently on an upward trend. If you trade, set the SL above 88.5
Hey Traders so in the last lesson I had metioned that GBP/USD has formed a 123 top formation. Although the market has started to climb back up as you can see it has still not taken out the 2 point. That means as long as the US Dollar uptrend continues this trade should work out. I still believe that the British Pound is still a great short opportunity. Trade...
If there's such a pattern called an "inverse" cup and handle... I would say this is it. And like many patterns, a break above it or below it signals a continuation. In my opinion, this pair is poised for a move up which aligned with everything fundamentally and of course... the bull flag. P.S. If you enjoy these technical analyses please feel free to comment...
Yes, technically.. I'm expecting this pair to fall 200+pips based on last month's bearish engulfing candle. If it breaks the 0.6880 level.. and of course the major trendline, you can bet this pair will fall even further. I'd be careful not to catch a falling knife if I were you.