Hello Everyone, Bullish Formation - (125.00-125.50) 50 pip interval Bearish Formation - (123.625-123.675) 50 pip interval Consolidation Current Price - (124.300-124.400) 100 pip interval RSI - indicating a strong consolidation currently being manifested within the last (5-6 Days) Overall, be diligent of the current momentum shift and fundamental releases...
EURUSD took out the stops (see chart) watching for a break of upper trendline
Pattern: Rectangle on 1D. Signal: Bearish on the Resistance Zone, Bullish on the Support Zone. Target: 283.140 for scalp longs, 277.050 for scalp shorts.
By Andria Pichidi - March 20, 2019 Yen crosses have also been buoyant, with the Japanese currency having been underperformed. One notable exception has been AUDJPY in Asia session, which dipped amid underperformance in the Australian Dollar, which was seen concurrently with a 4%-plus tumble in iron ore prices (sparked by news of the reopening of a major mining...
Creteria to choose the Short here: 1. Candles are weak ;More upper wicks in the last three candles. 2.Price is falling one candle after other candle. price action. 3.LBLS (LongBuyLongSellAlert )shows good downtrend about to short. TP1 : 0.68400 TP2 : 0.68100 SL : 0.68750
Here we have bitcoin and GBP on the bullish trend wedge and looks like it will keep going up
looks like the trend will continue on EURNZD ... after the close on this daily candle, there will likely be continuation of the downtrend to new lower low prices
Pattern: 1W Triangle. Signal: Bullish based on a similar fractal sequence of the Higher Low line. Target: 20.3500 (Triangle's Lower High at -1.42%).
EURUSD is still following its downtrend. The Stochastic %K still has room to move down to the 20-range. The RSI is showing we still have downside potential, sitting at 45.40 on the daily chart. Economic data releases can swing EURUSD in either direction. We are trading below the 50 day and 200 day EMA.
EUR/CHF tests daily cloud and Kijunsen. Successfully broke the trend line to turn bullish. 200sma first target followed by horizontal levels. Please feel free to leave comments and get in touch with us on: Twitter: bit.ly/2o9ItrA Youtube: bit.ly/2Nh8sbE Tradingview: bit.ly/2PCbed1 Happy Trading! Team Bitbloxx
Pattern: Head and Shoulders on 4H. Signal: Bullish after the price met the neckline's first support layer. Target: 1.0270.
Pattern: Channel Up on 1D. Signal: Bullish. The Higher Low patterns are identical and deliver a strong upside when spotted. Target: 9.00000.
Pattern: Head and Shoulders on 1H. Signal: Bullish after it made Double Bottom. Target: 1.13400 (the pattern's Head).
After reaching the level 079420,its change the direction of trend. Then made low of 1.63550 After than again rised too its 50% 1.7129 now @1.67473 POSSIBLE 1.63552 NOT POSSIBLE 1.6868 TRADE at your Risk Regards "Venusfx" If you are having any problem Related too trading. No matter if you are a newbie or a 10 years professional i can sort your problems...
We can see a Bearish flag at 1H. We saw a breakout because of the news today, then reversed and made a double top. Double top confirmation closed inside the bearish flag. We put targets 1 at 1:1 R/R and Target 2 at a good level of support. We expect GBP to fall even more because of the political uncertainty. Nice mid-week trade. Only if you trade flags this way tho.