reversal of major downtrend since price has been way below 50 EMA and stoch is oversold id say buy now or soon as possible with a buy order for 76.152. collecting profit at 79.432 would be ideal for price consolidation.
The market has been choppy since a while now and recent highs of 1.123 have been touched, in other words a lot of over buying. My usual analysis has confirmed my decision to sell and bag some pips with the TP and SL provided when price consolidates itself.
The 20 EMA is being touched and lowest lows of 74.387 have been reached. bullish momentum has picked up and is confirmed from candles, stochastic and RSI. Price is consolidating itself back to normal.
Buying at demand level. Price approaching EMA 50 and EMA 50 in uptrend. Bad forecast on YoY German factory orders. Good forecast on MoM German Factory Orders.
eurnzd has been over sold nice bullish oppurtunity on 1hour chart support and resistance is self explanatory should touch the 20 EMA
USOIL Looking Bullish Jan/Aug 2015 Support range Down channel from 2014/2015 Broken Bullish flag breakout EMA200 Breakout Double top RSI bounce Prev 2 days BULLISH ...................... Looking for LONG TRADE entry
Strong downtrend indicated from past analysis. major bullish price action have taken indicated by the EMA. Remember these are the 'past' prices, anyway first target is 1.2854 level if the down trend continues for a longer term i think it can touch the 1.278 level for sure. stoch and RSI confirming short overbought like crazy.
well you can see there has been a very strong downtrend, when every the 101.671 level bullish action happens based on past performance so a buy order would be ideal. TP and SL have been provided. Profit will be collected when price retraces back to its original resistance. Price has officially gone under a 25 EMA in the past
Hello folks ! This is my first post on tradingview.com. This is an abstract from one of my blogs: www.lucky-index-trading.blogspot.com Enjoy :) I have reconfirmed a short-selling target of the CAC 40 at about 4600. Stop-loss orders could be set above 4700. First bearish target: ~3450-3500 Second bearish target: ~3050 Please find below a graph (weekly)...
Current Possible Long Entry Pending on Bitcoin High Probability Long Entry Checklist 1. Get Ready - Resistance Failure 2. Get Set - 50EMA crosses over 200EMA 3. GO! - Bids on 'Support Test' of 200EMA Stops = candle close above/below 200EMA Close/Targets = trade by trade basis - usually consists of candle/chart patterns such as double tops/bottoms or Head &...
AUDUSD has broken a long-term trend line on the 1H chart indicating short term weakness. 100 and 200 day EMA's are confluent with the completion of a bullish shark giving us a target on the short side. This trade takes advantage of the retest with SL above 50 day EMA and a R/R of 2.
XAUUSD Bullish Channel EMA200 "Support" Long Position Open from 1314.00, (SL breakeven by now) TP set 1375
Major uptrend has been broken with a downtrend now BULLISH MOMENTUM is showing insce touching 116.926 level where the TP os 117.737 can be touched. STOCH and RSI confirm decision. Ema shows price is hovering around the average.
By identifying support and resistance and a solidifying uptrend there are bullish opportunities available. TP of 2974 can be achieved if my prediction is correct with an SL of 2955.
Daily still failed to stand above EMA 9, however EMA 27 is getting lower by the day. Still following the trade via 4h chart. MIDAS line should provide significant support and should not break. There should not be a single candle to close totally below this line. There is another 2 more days before we put the long red candle in the rear view mirror. Till then any...
Following the 'trend is your friend' school of thought I have decided to short and collect profit on the 1.25 level soon as that is touched i guess the market will reverse and show bullish momentum.
Will be looking to take a short position on CAD/JPY due to the following reasons: - 4th descending trendline touch - Bounce of 50 EMA - LH & LL have been made Trade safe