TSLA rejected for 3rd straight day @ Downtrend Line and 100 EMANeeds to close above for bullishness.
Exponential Moving Average (EMA)
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!
NZD/USD approaching support Currently have this pair on my watchlist for the upcoming week. Should price continue to move downward breaking the 200 EMA, I'll enter short beetween 0.70500 and 0.69600, coincident with the head and shoulders neckline, on a doji/pin bar candlestick. I will then consider to take profit / scale out around 0.6700 in case the upward-sloping trendline will provide strong support
Hope you liked the idea, wish you good luck!
USD/CAD Long after pullback Hey guys,
currently watching this pair, waiting for a pullback on the recent breakout. DXY at 100.00 resistance would suggest a temporary pause for USD rally. I will consider entering long should the price reach 0.618 Fibonacci level, also meeting the major trend line and possibly the 20 EMA.
Hope you enjoyed this, good luck and trade with care!
2017 the return of the BitcoinTo many people Bitcoin has died several times over. But Bitcoin doesn't really care about them, it's been trending strong for the last year. We have a nice setup in the making playing off of the long term trend. If you been waiting 580's may be an excellent entry. SL will be under 200EMA.
If 200 EMA fails, lower high confirmed and new lows will be tested.
Copper Long after pullbackHey guys,
this is my view about copper, I will wait for a pul back and price deceleration before entering long.
Depending on how price will behave around 2.4500 I will decide if entering straight away or, should it break 2.45000, I will wait for it to pullback to 2.28500.
As always, wish you good luck!
