GBPUSD is in a short trend, and we should look for intraday short opportunities as long as the price is below the red resistance zone. However, the support of the day trendline after breakout may exist, and if the price keeps dropping tomorrow, we have to be cautious with taking short.
1) Intraday market direction is short 2) In a Bearish Channel 2) TestIing minor resistance of a 50% pull baack 3) At the beginning of forming a new HL & more.. Expecting price to rally down to around 1.3209
If price continues down to H4 Trend line look to buy/sell either way, I don't predict the market I simply react to it.
1) Bullish Channel breakout 2) Failed to create an extra HH & LH 2) Within a Mid range consolidation 4) Double top formation on the daily 3) Mid range consolidation Support/ Neckline broken Expecting price to rally down to around 10145
based off of technical analysis my hypothesis is MXNUSD is bullish because the market has reached levels of supply and demand. we are also moving from a swing low to a possible swing high to the upside.Trading off of the bounces and using channel we have created a new level within the market. also we have found support in the areas identified on me TA.
Last week I published my analysis of NZDUSD on daily chart (SEE RELATED IDEAS). This update is a fractal view of the potential structure (Ending Diagonal). You can see 5 waves for what could it be the third wave for the daily ED. Good luck!
AFTER BREAKOUT THE CHANNEL IT FORMED FLAG PATTERN , BUY IT OR WAIT TILL HIT BOTTOM
Possible short trade @ 01:00 GMT (+/- 2 bars) The pair has been quite bullish in the higher time-frames. Lets's see how far short this can go. Happy Trading
Newbie looking for some insight, help, and constructive criticism on possible TOPS breakout,. Please share any feedback! Thank you!
Possible down-turn at these timings for AUDUSD: 1. 11:00 GMT (+/- 2 bars) 2. 23:00 GMT (+/- 2 bars) Happy Trading
NSE:BHARTIARTL Bhartiartl is moving down may touch level at 344.40 Happy trading
2016-08-24: AUDUSD H1 - Intra-day market timing: I'll be looking for a BUY signal at around 17:00 GMT (+/- 2 Bars). This idea is void if price closes below the lows within the specified period. This usually happens at strong price support/resistance levels and could mean a possible inversion. Let's see how it goes.. Happy Trading
I'll be looking for a BUY signal at around 17:00 GMT (+/- 2 Bars). This idea is void if price closes below the lows within the specified period. This usually happens at strong price support/resistance levels and could mean a possible inversion. Let's see how it goes.. Happy Trading
NSE:NIFTY Today spot nifty close positive after two days downtrend,according to me there is buying opportunity at 8662 t.p at 8696.