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 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...
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!
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!
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...
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!
Rejection of daily EMA 200 Fibs to lvl 50/61 Then should go down deep as fuck ...
To 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.
Hey 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!
A current short setup with the NZDUSD with a bearish engulfing pattern on the weekly chart following the previous shooting star pinbar on the weekly chart. These have strong confluence as they are at the 50% fibo retracement level and also at or below the 200EMA. As a speculator, I speculate we will see this return to or go near to the previous low of 0.6200.
Last weeks weekly low has been touched and there is no sign of price going any further then that level apart from the last big wick. Enough bullish liquidity has been created along with tons of accumulation giving us enough juice to short towards the DAILY SR. Price is touching 20 EMA so should retrace. daily and weekly bullish blocks have been violated whilst...
EUR/USD Short Idea just less than 1h till close of 4H candlestick. If 4H candle closes below 50EMA Stop Order 3pips below low of the "Signal Candle" Stop Loss 5-10 pips above of the "Signal Candle" TP Previous Swing Low appx 200pips PS Just and idea wait and see the price moving! www.ibrokers.ee
daily resistance touched with bearish momentum, weekly r/s should be touched.. price should retrace itself.
Good evening traders, this is on my watchlist as price is showing some deceleration mid run, 50 EMA crossing yesterday's and today's wick, might provide resistance. Hope you liked this idea, good luck!
Greetings traders! Put a short order on this pair as it could bounce of the 20 EMA and trendline. Doji candlestick and MACD divergence confirm high probability of the downtrend continuing its run toward the 1.4000 support area. Hope you liked this idea, thanks for the support and good luck!
Hello traders! As you probably noticed Copper broke out the asymmetrical triangle started back in June 2016, also crossing the 200 EMA. Given the strong momentum I think it's possible that price will raise higher and retest the previous swing high reaced in mid July. Of course there's a possibility of false breakout, in that case I think price will go back to...
Greetings traders! I will be entering short on EUR/CAD as the price decelerated and rejected the 50 EMA, 0.5 Fibonacci level and MACD divergence in place as well. This looks like the first pullback of the trend started on 10/10, breaking out violently from the ascending wedge, suggesting a continuation of the major trend that started at the beginning of...
I will be looking for price to follow through. Would like to enter short around 4820's, idea being enter within the ribbon and play the follow through of the new downtrend. Target last weeks low for >60pts. Risk 20pts at/around Friday's high, R:R = 3:1.