GBPUSD technically shows us a good chance to start buying it. It forms a divergency, it's candles show that bears quite weak about sending it lower, and so we consider long could have chances to go up to a very long channels high. Plan A : we but today before the market closes then we watch the market how bullish orientated it is. Stop-loss:...
I really like the looks of this setup. This is exactly the type of entry I like to see. A strong move into my entry with very little basing. The cleaner the move into entry, the easier time price will have of leaving the area. The only downside to this setup is that price tested the level already. I prefer fresh areas, however, since the test does not exceed 25%...
As USDJPY goes downwards, found support around @100.900, retested six times in the last days, so it has become a major level of structure, Right now waiting for a better price to enter in a long position Optional targets may be the previous structure high Remember Traders "Eyes on your mind, not on your trade" Thanks CortesTeam
Position Long - June-July 2016 Waiting Entering Channel @ 73.000 - 72.650 Risk/Reward Ratio: 4.00 Take profit 1 @ 74.500 Take profit 2 @ 75.000 Take profit 3 @ 76.000 Stop Loss @ 72.200
Would you agree with This setup. Going long USD/CHF. Thanks for feedback
VSAR beginning reversal of trend, looking for confirmed channel breakout on hourly time frame, then long entry after a retest of trendline. solid fundamentals with good previous qtr earnings.
SH (short S&P500) is forming a nice falling reverse wedge pattern, also known as broadening pattern. The falling pattern is an indication that the price is likely to break out of the upper boundary. I'm personally looking for an AB=CD pattern, consolidating between 20 and 20.10, and the target at ~20.40.
AUDUSD shows a divergence on the 4-hour chart. The support // resistance lines in green are old made back in time from the daily chart. Fibonacci confluence shows that the 38.2% retracement-line could be a very likely first target. Good luck!
i feel this is a neater version of my cable analysis. with the MA'S crossed to the upside on daily and 4hr and bullish price action more recently, i feel a b/o to the upside is very likely. however if price is rejected by that key level, i will be using trend lines & s/r levels as target for a bearish position.
Spotted 2 supp areas the third one will work i think 80%. its Down trend on every chart 1W,1M! i think it will come to the bottom area where i have marked my TP line. Good day everyone and good luck! hope this will be lucky trade!
Basic divergence movement has occured in 4h chart. Breaking up 1.3322 point is first strong buy signal and 1.3392 is the next. We wish you all have a profitable trade! Adim Adim Forex