Overall Downward Trend. After the price pull back 2 days, here we see a strong bearish bar as a good signal to short now. EP: 0.73950 SL: 0.75049 TP: 71850
A potential Head & Shoulders Pattern appeared. If the price breaks the support zone near 0.70xx, look for any pullback to short this pair. It will be a high risk to reward ratio pair of 1:3! Remember to trade with proper risk management.
We are still bullish for GBP/NZD. After 3 white soldiers, we see a consolidation pattern formed near the support zone. It might accumulating more pressure to break this support zone. Once, the support zone was broken strongly by bullish trend bar. It will be good chance to long. Alternatively, need to wait weak pull back and long again. Trade safely with...
AUD/NZD is trading in a range between the resistance and support zone indicated. In recent time, it is trading within the downward channel. The price rally up near to the upper side of the downward trend line. Wait for bearish signals to short this pair. You can earn little convenience interest by holding this pair for longer time. If the bullish trend...
USD/JPY having the strongest upward trend. But, watch the upcoming relatively weak resistance zone. There are chances that the price will consolidate before breaking the resistance zone again. If the price breaks the resistance zone, long side will be preferred. Trade safely with proper risk management skill. :)
EURUSD closed the weekly candle with a long legged Doji outside the bollinger band. Not to mention the massive support zone we have around 1.0510. This could activate a rocket correction from the last 14 days of downtrend. Another interesting thing is the movement from November 2015. After weeks of downtrend the price turned in the last November week at 1.0510...
Gold price is falling toward the strong support zone near 120x If the price breaks the support zone, look for pull back and short this trade. If the price bounce back from the support zone, need to monitor closely again. Trade with right risk management
USD/JPY was very bullish over the past 2 weeks. We are still bullish for this pair too. Nedd to monitor closely. If the price breaks the resistance zone strongly, wait for pullback and long for this pair :) Risk to Reward Ratio is 1:2 Trade with right risk management :)
The price bounce back to support zone. And now, there are bearish signal appeared after touching the support zone. We monitor closely and waiting more bearish signals to entry this trade. Trade with right risk management skill :)
S&P 500 is reaching its previous all-time high! Monitor this index closely. If it manages to break the Resistance Zone, we are bullish for it. If there are few bearish signals appeared around resistance zone, we are bearish for it. If shorting S&P 500, it will be a high risk to reward trade :)
Zoom out the Day Chart, you will able to see a super long downward trend. So overall it is bearish. But, recently, the price breaks the upward trend and with 2 days Pull Back. Now, the price breaks the support level at 0.74204. The price pull back touched the support level and continue moving down. It is a good time to short it now.
The Price breaks the recent upward trendline. Bounce back from the resistance zone (1.035x), 2 crows appeared at resistance zone, and a strong bearish pin bar followed with few strong bearish trend bars A Risk to Reward of 1:3 great trade! Wait for any Pullback and short :)
4 strong bullish trend bars appeared and reach the resistance zone near 106.6xx. If another bullish trend bar appeared, time to long and enjoy the 1:3.5 R/R Trade!
Hello Traders, We got the completion for this cypher pattern a while ago and the market went past our entry point. I have entered at short at market price (as shown on the chart above), giving us a better risk to reward on this trade. Do keep in mind the Elections going on in US, which can create some volatile moves in either direction. Just stick with your plan...
Currently see a retracement into previous structure which now should as support. Stops below X. Because we recently saw a new structure high I am shooting for advanced targets for my second position. TRADE YOUR PLAN! Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
Will like to go long on USDJPY with sl at 104.28
We are planning to open a USDJPY Long position from 104,690 until the new highs T: 105,988. Look like, there will be a longer term raising in the USDJPY, I think we are in the beginning of a LONG trend.
In my opinion, the EUR/USD pair will going down near the 1.0800 levels after the correction what we seen in the last 2-3 days. Good sell from here with a STOP at 1,0985. Target at 1,084048.