EJ EJ (EUR/JPY) at 0.5 fib levels daily waiting for the Breakout b.o. at it's current price to make the higher high,economic calendar releases can affect this currency as news too. Indicators and Oscillators are signalling that i's on ob levels or over bought levels in my DeMarker, Macz-Vwap and Rsi-Ema, it's above my sma & ema levels, including my atr's stops...
GBPUSD failed to break out the trend line which may significate that the price will at least reach the Fib 50 around 1.2965. More over on H4 we can notice that the forming rising wedge is being broken down by the price. All these information can reasonably give us confidence that the price will continue its fall. Trading idea: Sell GBPUSD E: 1.3060 SL:...
Hi Guys, For my XAUUSD analysis I used cypher patterns, Fibonacci retracement and extensions to determine whether this trade is a bullish or bearish trade. My conclusion is that it is a bullish trade that has the potential to reach 1223 mid-October
Institutional investors are getting ready to take profit and cover their shorts on gold. Price could spike. Price is hitting a strong resistance and about to cross the 180 days MA. If break is confirmed, a safe entry is possible. Based on my wave count and aggressive method, I'm aiming for entry at the1195. I believe we could reach the 1225 resistance level...
Analysing with Ichimoku clouds has given me the impression bearish sentiment is going to continue on this pair. Strong sell signal from a bearish kumo twist and kumo breakout, labelled in the chart. A TK death cross has also appeared following the kumo break out. Recent low is at 1.28863. My fibonnaci level show price has violate the 50.0 mark and will continue to...
Its looking like a bullish D1 BAT on here ? We may be looking at reversal to the upside in most JPY pairs in next few days. If it is, CHFJPY is going ahead. Follow @bizlus Remember to trade your plan
We're still waiting to break our wedge on the daily. We're hoping this initial position will bring us to the break to provide us with a tremendous risk to reward.
Chart the S&R wait for breakdown look for confirmation in your indicator and oscillator rsi,macd,macz,vwap,stochastic,demarker etc.
The 5800 level has been touched repeatedly and seems to be holding up fine. I honestly don't see any reasons why it would cross down the 5000 level. This may take a few weeks or even months of sideways action before engaging on a new uptrend, but shorting anything over the hourly here is not worth the risk as we hover around .386, a historically strong trend support.
This based on pure technicals. Now as we can see the price in cable is respecting the channel but based on Fibonacci series.. 61.8 fib - The golden ratio has always worked well.. Considering we may have formed the bottom today almost at the tip of the channel, this has high probability for a reversal till 1.3077.. Only catalyst for that would a be a decent...
After a bullish correction, pair has been on a weekly consolidation to see if the price could go further. After that, price broke down and now MA200 and MA50 has been broken. We can expect a bearish scenario for the pair on the upcoming weeks.
-CADJPY LONG term (retest of the new support) -Resistance become support -Fibonnacci 50.00% rejection -Bullish Engulfing
-USOIL SHORT term opportunity (Bearish chanel) -Fibonnacci 61,80% rejection -Bearish Hammer pattern H2
Hey Everyone, In our Previous analysis of Gold we Sold it from $1342 till $1298 rendering us with positive 400PIPS of Profit, and now it's time to buy this asset keeping the targets small the reason is quit simple because the Trendline still holds it strong and it could potentially meet our target also it's the bullish phase market seems to have a Bullish roar...
AMB has formed an ascending triangle on the 4 hour timeframe. Generally, this is a bullish continuation pattern and due to multiple other indications on other time frames, it can be seen that AMB is attempting to move into an uptrend (at least across the smaller timeframes under 1D) The stochastic RSI and the MACD both have a bull cross and they are indicating...
Ichimoku : Strong support with SSB and Kijun ==> combination of both == STRONG SUPPORT Fibonnaci : The strong support is on the classic 50% rectracement of Fibonnaci ==> even a stronger support
Bunch of previous structure dead on .618 retracement Not looking for huge reversal just a pullback into targets at the .382 which is also into prev structure Stops a little above 1.175 even handle Targets into 1.16450's
EURGBP is still falling! Here's a downward channel trade with potential 40 pips for the conservative, 110 pips for the brave if you take the 2 trades. Follow @Bizlus