bitcoin market consolidating around 4650 levels, possible short term correction to 4450 levels. Long positions closed and buy limits in place. Alternatively, a breakout of 4700 could lead to 5000 previous highs.
BUY/SELL BLIND WEAR DIAMONDS
GBPUSD has formed a short term base. The trend score on my model has maxed out at -100 so some relief can be expected. I am looking for a pullback towards what should now be support to take a new long position. Stop loss on the position is 25 ticks lower. Idea will cancel at 4pm if now fill has been achieved.
From 4h chart clear up swing with large candles. Retracement at 0.789 Fibo level, where there is also a support in the 1.08500-1.08550 area. BUY LIMIT: 1.08581 S/L: 1.08160 T/P 1: 1.09006 (50% retracement) T/P 2: 1.09572
I expect AU to bounce from the small resistance zone only to get rejected off the demand zone around 0.7606, shooting at the TL and triggering my entry. Obviously closing before NFP if it's not closed by then. If price breaks current resistance then entry is invalid. 1% SL: 0.75945 TP: 0.7667
AFTER REACHING THE 0.9603 RESISTENCE THE PRICE WILL RETRACE TO THE 0.786 FIBONACCI RETRACEMENT LEVEL. BUYLIMIT:0.9475 S/L: 0.9429 T/P:0.954
Short order placed above the current market price, on the descending daily trendline. Looking for the price to rise to this level before a continuation of the long term downtrend
-NEW SIGNAL- Type : Pending Order Date : 8.8.2016 Time : 11:00 GMT+1 Technical : Weekly potential reversal zone. Pair : AUDCHF Timeframe : Weekly Trade setup : Sell Limit Entry at : 0.76526 ( 170 pips left ) Take profit 1 : 0.73496 ( 303 pips ) Take profit 2 : Take profit 3 : Stop loss : 0.77998 ( 147 pips ) Risk reward : TP1 – 1:2 TP2 – TP3 - Our risk : -...
DETAILS ON THE CHART, THE SAME RULES AS ON OTHER ENTRIES.
USDCHF LONG ENTRY CALL BREAKEVEN+SHORT STOP+TRAILING STOP
DETAILS ON THE CHART. MAKE SURE THAT YOU ARE USING A SHORT STOP+TIMING STOP+TRAILING+BREAKEVEN
WHAT I CAN SEE, IS THAT THE PRICE MIGHT GIVE A SHOT TO 1,1000 BEFORE DROP, Also, my sl is 25 pips, as a bullish continuation is possible (but much less chances)