High Yield Equity (DVY) broke below the since-2009 purple line today.
Hi There, It has been a while since I have posted anything to Trading View, apologies! I spotted this setup over the weekend and it seems to be playing out how I would expect. The new highs printed last week at 0.6850 indicate that this pair may move higher, or at lest retest last weeks high price of 0.6860. The red and green boxes show where I would be...
bullish.still long...
I ENTERED BULLISH ON THE CAD TODAY AFTER THE PRICE CREATED IMPORTANT SUPPORT AROUND THE 1.3710 LEVEL, AFTER THE PRICE MOVED TO THE 1.3734 LEVEL AND DECIDED TO MAKE A NEW HIGH I DECIDED TO ENTER LONG, WITH THE PRICE MAKING A NEW HIGH AT 1.3755 I MOVED MY STOPS TO B.E. , BUT THE PRICE CAME BACK AND REACHED MY STOP LOSS FOR A SCRATCH AFTER COMING BACK TO THE...
Buy on Pullback(Daily 0.5 Fib level) Target upside 2.210 Level Daily Trendline has been broken,wait for a 4 hr retest to execute a long trade. Sure Shot Analysis. Risk Reward(1:3) TARGET 1 : 2.210 TARGET 2 : 2.330 TARGET 3 : 2.420 Happy Trading :)
Like many times I see before single high means nothing so while there is no 2 higher highs 2 higher lows trend still down. There is possibility that we have deeper correction higher (ABC) in this situation 81-80 area can be good spot to look for long on trend line retest but for now just waiting good short signal from here or another important level at 84 with...
As all retail traders are looking for long trades, we know this pair can easily get lower again. The nice high test at out weekle resistance is a good signal to trade from along with a bunch of other confluences on the different TF's.
Quick and Dirty multi time resolution referencing to find transitional locations suitable for entry/exit with the High Low Difference Trend Assist script. Any thoughts?
I had this currency pair on my watch list for this week after analysing the WEEKLY chart, and whilst looking through the DAILY time frame I spotted a potential long trade. I spotted a pattern I have just started to test out, you have 3 bars involved. In this instance we see a good pullback to previous structure, the first bar looks like a potential low test bar,...
EUR/GBP has been in a range since March 2015. Another retest of ~0.7400 at the top of the range and a high test close with oscillator bearish divergence offers a short position in the ranging pattern possibly reaching the bottom of the range at ~0.7000. entry - below low of high test bar stop loss - above high of high test bar target - bottom of the range/support...
High risk to buy now because it can do one more lower or you just can wait to seeel at the top of the Channel
After breakout of monthly high this pair consolidating first time so short term downside momentum possible at least to test broken monthly high. If that one fails next stronger support can be see at daily trend line 2015/09/29 low and 201510/30 low. Setup invalidates if recent consolidation will be broken.
Hi Traders, We can see that from the initial low put in early last month AUDUSD has been in a bullish rotation. The structure zone of 0.7160-80 has been respected on a number of tests recently. Therefore I think it provides a good trading opportunity with a decent R:R. For anyone trading Aussie this week keep in mind we have RBA rate decision tomorrow (Tuesday)...
Cypher Completion on GBPJPY Looking for New Structure High
Has hit the top of the channel Bearish Divergence Harmonic pattern has formed (click on related idea to see harmonic pattern)
USD/SGD exhibits signs of bearish oscillator divergence as confirmed between price action and the Stochastic and RSI indicators. Price closes the day with a high test bar below a level where resistance is present. entry - below low of high test bar stop loss - above high of high test bar target - previous low
Confluences: 1/ trend 2/ PA ( high test followed by inside bar ) 3/ Monthly & Weekly resistance of 0.7060 4/ 50% fib retracement additional info: * H&S - pattern on intradays * a lot of traders are already short since the 0.7135 resistance test