Vámonos a ventas, tenemos Patrón Armónico Butterfly Bajista al primer TP de 0.382 del Fibonacci, Key Levels de Monthly a Daily y Línea de Tendencia esperando el Profit, iremos dando seguimiento. Felices Pips! =) #TradingChangeTheWorld
USDJPY is in a multi-day range, which means that the breakout will last for several days as well. All JPY pairs have been bullish for a moment. Bouncing against trendline several times, so a breakout is due this week. But which direction? News for USD will move this chart fully beginning Tuesday's New York session. So not trading this until Tuesday morning. (I'm...
CADJPY has not been shy with its bullish direction. Currently, the price is ranging until it creates the next breakout move. 61.8% fib (now removed) is near 84.889 daily SR level. So waiting to see what price will do if it can reach there, or the weekly SR at 85.691. For now: BULL TPs: 84.345 84.589 max tp 85.691 BEAR TPs: 83.907 83.669
For the day traders among us, I marked the next critical key levels to look for short term positions, The supply above is a great fresh supply for sell position, I'll sell at this supply at the moment the price hit there, and the demand below is a great level for buy position, I'll buy there also at the first touch of the Price. both levels are relevant for a day...
Just a beginner stepping his foot into the forex world. I marked up the charts and wanted to add my 2 cents in on the idea gold has a strong uptrend line of support & resistance thinking it will hit its peak sometime tomorrow or next week tuesday due to the holiday. Correct me if im wrong or add you're 2 cents in ! Thanks guys, may the pips be with you. Happy trading!
Posted this set up last week, however due to technical factors not aligning the trade set-up was cancelled. Following Friday's bullish engulfing closure breaking out of the range-play, Euro now looks set to advance into the 126.000 weekly key region.
In the screencast I show hard evidence from the chart refuting media reports which say that a bull market on Wall Street is back. This evidence is available to everybody. There has been a bull rebellion over the lat 4 weeks but that doesn't mean that this is a bull market - at all! If you're a forex trader or stock trader this is important. Why because what...
At 6am we witnessed a bullish breakout candle breaking past the 0.67572 resistance zone. Before price continues in a bullish continuation trend, there will be a retest of this key level along with the 50% Fib level. Price should retrace from this level and continue heading up. We have two targets in place: Target 1 is placed at 0.67876 Target 2 is placed at...
I overview what are some of the possibilities and probabilities over the next few weeks for Wall Street. I compare again the current situation with that of around 2008. Preliminary action on small time frames on Weekend Wall Street, do not look exciting for a trip north on Monday. We shall have to wait and see, as Mr Trump often says. I do not know what's...
As we can see on the 4H chart, there is a potential that the price will create a Head & Shoulders pattern, If my prediction that I marked on the chart will come true, we will see the Head & Shoulders pattern up there, the reason I'll sell at the supply above is not the pattern, I'll sell at this supply because it's a level with unfilled orders waiting there for...
As a price action forex trader, I trade only Supply&Demand, sell at supply and buy at demand, I marked those supply&demand key levels as a short-term opportunity, the demand below is a great level of buy position and the target for this trade will be the supply above, and the opposite, the supply above is a great level of sell position and the target will be the...
CADCHF – the CADCHF is on bearish momentum at the moment, and seems he will stay bearish until the price reaches the demand below, the supply above us seems like a great Continuation level for sell position, i’ll wait for the price to sell there and my target will be the demand below which is also a good level for buy position,
To retrace to the 0.786 level of fibonacci would mean for price to get all the way up to 1.59949. 4/25/18 (1.61409) on the Daily timeframe, shooting star candle which lead to a massive drop (~860 pips) til around 6/4/18 (1.52747 top of a key zone.) Historically, this trend repeats itself from the ~1.61409 level very well. From 8/24/15 to 2/11/16 about 5...
Here are the major key levels to watch for the price of the Bitcoin in Euro.
Roadmap to get us out of this correction (ideal setup) & Next key pricelevels to watch. If we hold 7040$ (preferably, or else 6425$) the bullish wave count is still in place. Sure you could argue the retracement from 9990$ was bigger than anticipated but the bullish count has not been jeopardized as of yet. Last update I said we might see a bounce from the 0,5...
Here are the key levels to watch (the black horizontal lines).
Bulls still accumulating? Bears are trying hard with little result so far. RSI is cooling down for another leg up (as long as this ascending triangle keeps intact). Feedback always welcome. Have a good day!