Expecting an upside move to 1335.00 SL: 1222.00 Enjoy! like and follow
About a week or so ago, I published an idea about GILD hitting some serious support levels going back to mid to late 2014 - 2015. What I thought back then was that if GILD were able to hold on to that support level, even bounce around it without falling below it, I would enter a position in my paper account at that support level, and place my stop below the...
correction and then going up aiming to 1300.00 --> monthly res SL: 1281.00
Potential Cypher Pattern for Daily Traders on GOLD. Entry @ 78,6 % Retracement. Stops below X Targets according to your plan. Trade your plan!
Im expecting a bullish move after the third touch of the trend line. First target: 52.70 per barrel. Final target: 56.50 Enjoy
Hey Traders, Here is a proposed Bat Pattern completion on the GBPJPY pair. Risk to Reward is 1:139. Don’t forget to Trade Your Plan!
audjpy long trade RSI below 20 Daily momentum up 1H momentum up Price rejecting trend line Price at previous support/resistance level Pin bar + closing above on 15m chart 61.8% Fib Retracement
Nearly matching highs after a long correction with pretty decent mirroring between descending and ascending periods (within the "cup"). Price has already retraced 38.2% of the cup, which measures the total retracement off of the all-time high (ATH). The fact that price tested major structure support at that level is supportive of the possibility that the...
After a 20% drop, bulls will likely gain momentum within the next 1-3 months. Still some downward pressure is present, causes by the formed Head-Shoulder pattern. On the longer term GDX is a strong buy. Should the price drop below $12.50 (weekly), then this strategy will deteriorate significantly.
Just one Short Term Game Double Bottom hope to see nice LONG Trade in progress :)
For now I expect the tiny support area around 1.3408 to hold for a quick move up to the top of the corrective structure. If we can see some follow through from there 1.3475 and 1.3530 would be next. If the support fails on the other hand I expect the support zone between 1.3340-1.3360 to attract some more buyers.
Pretty similar to the setup on the cable. Looking for a retest of 1.12350 to go long up to 1.12555 and in extension 1.13050. If 1.12350 folds I think the zone between 1.1190 and 1.12050 can provide new support.
In a hurry today so unfortunately not able to write a description. My apologies.
Quick play before today's interest rate decision with a possible extended target if the trade is in the green once the news come out. In a hurry so unfortunately not able to write a detailed analysis. My apologies.
Hi there Traders! Me might see a possible Bullish bat pattern completion on the EURJPY H1 timeframe. For those of you trading on lower time frames you can also jump down to the M30. Good Trading ;)
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.
DailyFX.com - Highlight Points: - Even more Fed-speak indicating hawkishness has continued the drive higher in the Dow Jones FXCM Dollar Index, and this has brought to question two previously strong trends in EUR/USD, but this strength hasn’t necessarily been even-handed: While EUR/USD appears to be on the cusp of establishing a new down-trend as major,...