AUDUSD is showing an oversold signal on the RSI indicator and has approached a major support level at 0.6990-0.7000. Now is an opportunity to go long & take advantage of the potential price bounce.
Trade Details :
SL : 0.6985
TP 1 : 0.7050
TP 2 : 0.7150
NZDCAD is triggering a bullish wedge pattern on the daily chart, after finding strong buying power at a horizontal support zone previously. (Setup posted recently).
The bullish divergence is also still in-tact. Overall, the pair trades near the lower range levels and has more upside potential.
Today's risk-on market environment and week/month-end profit taking...
CHFJPY has approached a major resistance zone around 109.000. Price is expected to bounce off this tested resistance zone either all the way back up to the previous major support zone around 111.500 or the previous swing low at 110.600.
Trade Details :
SL : 109.400
TP 1 : 110.600
TP 2 : 111.700
This Is The Strong Lines We can Watch them For Make our Long Term Trade ...
Keep This levels on eyes !
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Here we have BINANCE:XLMBTC on the 6HR chart. Full retrace back to previous accumulation zone and horizontal support. Bullish divergence-RSI rising and price decreasing.
I'll be adding to my position here for the long-term and take a short-term position.
Gold has fallen quite a bit since it reached it's highest peak of the year at 1346-1347$ in February. However, the bearish market took over and has pushed it down to it's 3x tested support trendline around 1267-1268$. Now is looking like a good time to buy in as Gold should bounce off the trendline into either it's previous swap level (support turn into...
After reevaluating my original position at 1.126... I am now looking for a buy entry at 1.12375
100 Pip Target / 25 Pip Stop Loss = 4:1 Reward to Risk
- Confluence with the daily chart reaching an area of liquidity
- Apparent structure and equal highs near TP zone
- Strong Fibonacci Level at entry price from recent swing
Anticipating price during LONDON...
MS should easily beat earnings since it's a busy IPO season and they are one of the major banks to underwrite the coming public offerings. I know that they are underwriting Uber's coming IPO.
Feel free to provide constructive critique. I have loaded up on May $45-$46 call options. I am also holding GS call options.
After doing some analysis of EUR/JPY we can see a clear double bottom reversal which was confirmed by the break out of the short term trendline and a breakout of the consolidation period. We can see a pullback I will be entering long if there is a clear rejection of the shortterm trendline break. Be careful also as the dominate trend is a bearish market.
There is a consolidation above the previous range high. A retracement to the liquidation area of demand is likely. As long as the daily candle does not close below 159, this consolidation will not become a distribution.
Please let me know if you have any suggestions or any ideas to add. I can also give you more...
After a flat movement between 160 & 185, Ethereum must decide which way to go.
If weekly candle closes above 186, long opportunity occurs.
If weekly candle closes below 159, short opportunity occurs.
Please let me know if you have any suggestions or any ideas to add. I can...