After some volatility at this pair, due to the tension between the 2 economies, we can see this week the USDJPY pair, return to is regular "shape"
At this analysis we can see easyli a Reverse Head and Shoulder pattern. If the price breaks the neckline, we must wait to confirm our setup, and then at the retest of the zone, a trade must take place, with a stop-loss...
I think that this may be a great setup on GBPAUD for next week. I noticed that the Elliott Wave has ended and I think that a head and shoulders pattern will lead it into a corrective wave.
The point of the head of the head and shoulders should be a good entry point for a long position. I would most likely take out a small lot size at the top of the head and...
interesting pair after almost 2 weeks of shorting we might have opportunities for a potential long position if price can break through the 4h minor trend line and resistance structure and can possibly finally shoot up to 0.66400 to retest that broken daily trend line before it makes its way down again. remember wait for the break outs see what the price wants to...
we are currently in a down trend but looks like a could be a reversal a perfect time to "catch" the market at daily low . remember we need to catch the outbreak to get those gains and remember we're in a bearish trend since august of last year so be careful entering a long positions i'd wait until i see a larger break at the major trend line for long positions...
This week USD going to be strong and this is happening from the beginning of the week, in the other hand we have an strong resistance level of 1.3149 and if USDCAD can breakout this level with the current momentum based on the price action, i wanna go for long at a few pips upper than breakout.
We also have support of indicators with positive signals
I see positive regular divergence (+RD) on chart.
It's possible to change trend to Bullish.
On the other hand you can see over sold on Stochastic Oscillator.
+RD and oversold on Oscillator make a chance to have long position on USDCAD.
15 July 2019
Don't forget the position sizing guys ;-)
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Wedge formation on this pair. Also approaching a major support. Sellers may be running out of strength and so i am looking for a break to the upside.
Direction : Upwards
Entry: Wait for break of trendline with candle confirmation
Hello, this is our point o view about GBP/USD, as you can see we have 2 strong support levels, after confirmation we will go into a long trade. We set SL to 1.24500 and TP arround 1.32000. We wish you a good day!
Bitcoin is finally breaking out of the $389.90 pit - My alert has been dying to go off. The breaking out Hour is late but its enough to make today a good day. This is the opportunity, for the guys, to recover last weeks losses.