EURUSD closed the weekly candle with a long legged Doji outside the bollinger band. Not to mention the massive support zone we have around 1.0510. This could activate a rocket correction from the last 14 days of downtrend. Another interesting thing is the movement from November 2015. After weeks of downtrend the price turned in the last November week at 1.0510...
Hi all: We will plan in the Daily timeframe. The trend is break the triangle...(B or 4) in the upside. I think it is the wave-C or W3 in Bigger A. My TP is at 100% (resistant zone 1) and 161.8 (resistant zone 2) Plan: Buy with 123 pattern , stop loss at HL on 1H timeframe for minimum loss. 1-2% risk up to you. TP and RR, i think it should better 2. Cheers ! Do...
After an analisys, on the weekly we can see how the price shape a bullish harami. Going on the daily chart we can see that the price action in trend has started with a doji that will be a resistance point. Now we are a bit late with time for entry but the price pierced 38,2% Fibo. Anyway, I think we can go long with first target at the other Fibo level at 164,78...
Here we see an impulsive move up to start the week, followed by a pullback to the 61.8 Fibonacci level. Watching to see if price respects the blue trendline and continues a move higher. Also watching the red zones which are previous resistance + Fibonacci extension areas for potential take profit targets.
The USD/MXN pair will very likely see a steady increase in price in the first 100 days of president-elect Donald Trump. Watch Donald's first 100 days in office message here: www.youtube.com A TPP withdrawal will likely generate uncertainty about the future trade relations with the 12 involved parties, including México, which plays an important role in the...
The reversal structure we are seeing on the 4 hour chart is hinting of a change in order flow. I expect either 45.00 or 43.60 will attract new bids that will push price up towards 48.00.
Here we have 2 different potential advanced patterns on the 4H timeframe. The larger blue one is a potential Cypher, and the smaller orange one is a potential Bat... The daily timeframe shows this pair in an uptrend, continuing to make higher highs, so I would expect more bullish movement.
12:00 UTC Expect the movement setup for reversal --> LK Validation (triangle) 00:00 UTC --> If we get the journey up, expecting it to move to 1.42721. GAP FILL --> 1.42412 to 1.42721 the gap should be filled and looking at till 8:00 UTC Next Drop --> Looking at around 8:00 UTC (NYC Opening) for validation and 1.42665 is the LK down for validation.
2016/11/17. Apple stock predictions for next months and years. Apple stock price predictions for November 2016. The forecast for beginning of November 113. Maximum value 124, while minimum 107. Averaged Apple stock price for month 115. Price at the end 117, change for November 3.54%. Apple stock predictions for December 2016. The forecast for beginning of...
Hey Traders, Hope trading is going extra swell, we are grinding out of our drawdown so lets hope for some winners! We have a few small pattern formations that you can take advantage of on lower timeframes, the Bat already hit targets one so that wouldn't be valid for me, but who knows, maybe some of you have different techniques and you can macgyver some profits...
Here we see price approaching 4 month support level, the last test of the support reversed at a higher low, this current test of support has again paused at a higher low then the previous test. There are also reversal candlesticks at the current level, if price breaks above the current range high of .749, looking to go long.
There is a bull setup currently forming on the AUDNZD. If it breaks with confirming indicators then it's a nice trade.
Here we see price moving off of a larger time frame trend support line which is also a 78.6 Fibonacci retracement. If price breaks the green dash trend line, after a retest look to go long, if it fails to make a higher high and continues down, watch for a retest of the larger timeframe trendline or break for a longer term potential break down.