Predicting NZDCAD to be bullish going into the weekend.
Price broke through trendline, may serve as strong support.
Lagging span pointing towards the upside (M), (W), (D), (4hr)
Kumo twist on (W)
Entry Market execution
TP 200 pips
SL 50 pips
Similar market conditions as previous EU trade.
I'm predicting the dollar to continue to weaken causing EU to be bullish.
Also price already broke previous monthly highs. June, July, Sept 2018.
Lagging span pointing towards on (M), (W), (D), (4hr).
Refer to links below.
Entry market execution
TP 150 pips
SL 50 pips
Refer to link provided below.
Excellent profits on GC price went up +220pips.
Similar situation as EU I was tempted to keep holding, potentially through the weekend & assume price is going to keep going up.
I'd prefer not to hold positions over the weekend. As it gives me an opportunity to start the next week fresh. In this case a new month.
Price broke the...
Refer to link provided below.
Excellent profits on EU price went up +130pips.
I was tempted to keep holding & assume price is going to keep going up
Due of the weak US Dollar, combined with other factors such as breaking previous monthly highs.
Price broke the 1.19000 levels before reversing & creating a new resistance level.
My trailing spot loss got hit...
Kumo starting to form twist on (W)
Price broke through the bottom of the cloud (D)
Lagging span pointing towards the upside (D)
Keep in mind the overall trend is still bearish (M)
More of a day trade/scalp rather than swing.
Entry Market Execution
TP 200 pips
SL 30pips
EURUSD is bullish price is above the cloud.
Price broke the bottom of the cloud 1.17399 (M) - strong support
Lagging span point towards the upside on (M,W,D,4hr) time frames.
Entry Market Execution
Stop loss below bottom of the cloud. 50pips
TP above the cloud. 500-600pips
Predicting EURUSD to remain bullish going into August.
As mentioned in link provided below.
If price breaks through top of the cloud (D) @135.577, breaks the 9 day MA (M) @136.000 & retests as support. I'll be looking for longs.
Going to ride this trade & see how it plays out. I'm predicting price to keep rising & reach the bottom of the cloud @137.717
Currently up +60 pips.
Entry @135.600
TP @137.600...
Price continued to go down to 134.350. +15 pips
However price found support reversed & stopped me out -50pips.
Price didn't respect the overall trend, going to sit on the sidelines in the meantime.
Potentially, may look for longs if price breaks the top of the cloud (D) @135.577, breaks the 9 day MA (M) @135.600 & retests as support.
Lagging span pointing...
GJ price is bearish - Price is below the cloud on (M) time frame.
Lagging Span on (D) & (W) time frames pointing towards the downside.
Price broke through 9 day MA @134.535 (W)
If price breaks through 26 day MA @134.503 (W)
I'm predicting price to continue going down, break the 132.000 levels & reach June 29th Daily Low @131.955.
Entry @134.500
Stop 50...
Price didn't respect the higher time frame analysis. And stopped me out @1.51000. 29pips
Going to sit on the sidelines for the time being.
Refer to my Daily analysis & compare it with the weekly & monthly. Links provided below.
There were more indications of a short than a long.
-Lagging span pointing downwards on D,W,M time frames.
-Price broke through 26 &...
I'm still sticking to my weekly & monthly analysis of EURCAD.
I'm predicting price to reverse the overall trend is still bullish on the monthly time frame also the twist on Weekly indicates a reversal.
However price may keep going down since it broke through both MAs.
However price broke through the 9 day MA @1.52204
Price also broke through the 26 day MA...
Cloud showing a potential reversal - chimoku twist.
However price also broke through the 9 day MA @1.52932
Price also broke through the 26 day MA @1.51276
EURCAD dropped over 1.09 % today from 1.5287 to 1.51179.
I'm predicting price to reverse the overall trend is still bullish on the monthly time frame also the twist on Weekly indicates a reversal.
However...
EURCAD price is bullish trading above the cloud. Medium buying volume.
However price broke through the top of the cloud @1.5133.
Price also broke through the 26 & 9 day MAs @1.51276
EURCAD dropped over 1.09% today from 1.5287 to 1.51179.
I'm predicting price to reverse, however price may keep going because of reasons mentioned above.
Entry @1.51291
TP 390...
Potential buy opportunity
Price above the cloud.
Thick lchimoku cloud indicating high buying volume.
lchimoku cloud has buying momentum.
Price & MA disequilibrium.
Flat 26 day MA indicating a breakout.
Lagging span low momentum price could drop & continue up.
Potential buy opportunity after pullback.
lchimoku Cloud indicates high buying volume & momentum.
Flat 9 day MA indicating a pullback.
Moving average & price disequilibrium.
Lagging span still has a bit of momentum
26 day moving average high momentum.
Price is expected to drop & pullback to higher highs.
Potential buy opportunity.
Price dropped & hit the 9 day moving average & reversed.
Flat 26 moving day average & lagging span indicating a breakout.
Large gap between 26 MA & 9 MA indicating MA disequilibrium
Thick lChimoku cloud indicating high buying volume.
lChimoku cloud momentum indicating an uptrend.
Price above lChimoku cloud.
