EUR.USD - Short Breakout Opportunity The EUR.USD is one currency pair on this evenings watchlist.
Once my entry criteria has been met we will set a sell stop order and await a clear break.
Exponential Moving Average (EMA)
AUD/CHF short ideaCurrently watching AUD/CHF as I expect a downward move to break a multiple time tested trend line and 200 EMA. Price is forming an ascending wedge (bearish reversal pattern), MACD showing bearish divergence.
Still early to enter short, I will wait a break and retest of trend line and 200 EMA.
Great opportunity to sell EURGBPGreat opportunity to sell EURGBP. Price under top trendline and EMA 100 and also great fundament on GBP.
Gold 2017-2018 ProjectionNow that I'm kind of exercising and fantasising around, let me tell you gold's fortune on the chart. 2017-2018 projection I see is exciting.
Gold has seen 1022 recently and some think it's THE bottom. Although it might turn out to be true, I still see some room left for the bottom to print:
1117 is the 0.786 fib level,
1090 area is the big ass trendline border
1084 is the 0.886 fib level.
Bonus: EMA(144) support!
So I won't be surprised to see one of those levels soon, before the BFL (big f*** long) begins. But if it has already started, let's not waste our times and hop on the train; I'll be trying to confirm if we are done with the 2nd wave.
Please comment and share your own ideas here, point out where I might be wrong or let's celebrate togather if your own studies coincide with mine.
TSLA rejected for 3rd straight day @ Downtrend Line and 100 EMANeeds to close above for bullishness.
GLD Showing No Signs of LifeRejected at 8 EMA and ADX trending upwards showing strengthening downtrend.
Retracement to 50 EMA - GBPUSD - Short ContinuationThere has been a retracement to the 50 EMA on the GBPUSD. Also, prices have retraced to the 50% Fib level. For a short entry, wait for a breakdown below the bullish corrective trendline. For an earlier signal, you can wait for a breakdown below the corresponding bullish corrective trendline on the Momentum as it usually precedes price breakouts. Happy Trading! :D
CADJPY: Possible major reversal. Sell limit at black boxCADJPY: Possible major reversal. Sell limit at black box once prince reached blue box first.
NZD/USD downtrend developingHello,
NZD/USD downtrend taking shape, price is pulling back, will look for short position as soon as pull back momentum will decrease, probably rejecting 50 EMA and 0.382 fib, even though given the current acceleration I'd say it could even reach 0.5 or 0.618, while waiting for Fed's rate hike.
Either way keep your eyes peeled and be ready to get in the trend!
EUR/GBP possible next moves Hello,
currently have this on my watchlist, downtrend is taking shape, will look for short entries on pull backs, either on trend line (with 50 EMA possible crossover) or 0.8300 level with 200 EMA providing dinamic support along this level.
Good luck!
gbpjpy monitoring currently GBPJPY is near a key weekly SR level, I would remain bullish for intraday positions because the daily bearish block has been violated with a clear uptrend channel. Many confluences. Overall on the monthly this is bearish market but my inner trendline on the daily has been violated confirming my short term bullish perspective.
Furthermore, on the 4hour chart I would like to see if the breaker is respected or violated. If it is violated price would have to close outside of the 4 hour inner trendline and i would collect profit at 138. If the channel remains strong and weekly SR is violated i would buy pullbacks.
EUR/USD short on pullback Hey guys, with USD taking a breath after the recent run, I will wait for a good short opportunity around 0.382 / 0.5 fib, price meeting 20 and 50 EMA would add even more confluence to a short entry.
Hope you liked this idea, wish you all good luck!
NZD/CAD Short on pullback Hello, a lot of pairs are curently pulling back from recent runs, giving us good opportunities to enter following the momentum. Waiting on NZD/CAD to reach 0.382 fib, which would coincide with 1H 200 EMA and daily 50 EMA with 20 EMA possibly crossing it.
Hope you liked this idea, wish you all good luck!
