BOOM! A N O T H E R setup to stalk... I should CHARGE for this!
Anyways, keep yo eyes open and if price action permits... hop in for the long!
Because med-term trend is bullish, price is close to support, 20MA and 50MA are bullish, price is in a tested wedge.
But remember one thing... ONLY ENTER IF PRICE ACTION + CURRENCY STRENGTH + ANY OTHER...
USDJPY at important support level + Inverse H&S. Bullish for days on this one.
Keep an eye out and don't forget...
Look into it yourself!
Good luck trading :)
Don't forget... rake in them profits like a C A S I N O >:)
GBPUSD in a clean little ascending wedge, with long-term bearish bias and short term bullish bias - On the daily, theres some recent clean and strong bullish price action and on the weekly theres a strong bullish candle forming.
To time a better entry, make sure to get on to the lower timeframes.
Anyways guys, good luck and don't forget to trade like...
EURAUD Recently broken out of it's short-term downtrending resistance, and come back down to bounce off of it.
EURAUD looks like its beginning to reverse and journey again to the main fib levels, and even to it's long-term downward resistance.
Keep an eye out, but IMO it's time to go long.
Key support at 1.3068/52 is holding. A break trough would set a large top USDCAD
USDCAD saw a quieter session yesterday, negating some of the gains from Monday to add weight to the view strength is corrective only ahead of a move back to retest important support from the 38.2% retracement of the 2017/2018 rally and 2019 low at 1.3068/52. Although further ...
We can see a double top at a place where we had previous resistance. If we brake the trendline AND have a confirmed double top at the killzone(green rectangle = 0,5-0,782 fib retracement) then we can enter short. Target 2 is an ABCD completion AND 1,414 fib extension from the whole move, additional previous support there too. Remember, you can enter at a confirmed...
Possible bearish momentum may be forming on EUR/USD.
Please take trades under your own diligence.
1 - 50% fib level may indicate trend reversal
2 - price at support
Wait for candlestick rejection and then we will get a clearer image of who's in control!
JPYAUD appears to be forming a bullish flag. Too early to tell, but if going bullish it is usually a good idea to wait for a pull back. Waiting also gives you the opportunity see any sharp reversals and change your mind. Expecting to see a pull back/sell off because of the recent bullish activity, however if all goes as planned it will continue to rise higher and...
Hi guys !
USDCAD looks bullish with indicators on green. My entrys is only if the price reach the 0.618 Fibonacci retracement with a target at 1.3260 (0.786 Fibonacci).
Currently, the support is at 1.30850, with 50 % Fibonacci and above MA10, 20, 50, 100, 200.
Furthermore, the lagging span is above the cloud and confirm an eventual new run.
Hi guys !
I shared an analysis on DXY (link in related analysis) with a first target at 96 before any down move.
In this EURUSD idea, we can see a breakout on a major uptrend. On the next candle, it's a clear rejection of this one and then, a big drop.
I'm expecting a new drop to 1.13, and then after a little pullback a new one toward 1.25.
Hi guys !
Last week was good for DXY with a run from 95.5 to 96.8.
On Friday, there was a little pullback to 96.3. The main resistance is at 97, and if DXY can't cross this one, a double top will formed and it should drop to 95.5/95.6.
On H12 (as the chart), the price bounce perfectly on the MA10 at 96.3, so i expect a run to 97 before a new trend line ....
Hi guys !
Before a new week, this is an analysis on GBP/AUD (H4).
The MACD and RSI are looking very good for a pump in the next week. There is a resistance around 1.8285, if this resistance is broke, the GBPAUD can reach 1.84685.
This is a short idea, be careful !
Thanks for your time.
Whats up traders so based on my technical analysis I see a head and shoulders forming precise analysis with the retest of 110.510 support breaking it and causing a meltdown. With tomorrows NFP data if its negative but even if its positive there is resistance at 111.730 on the daily time frame. Depending on the market behavior tomorrow will determine my next move,