GBPUSD broke through the trend line on all three timeframes (W; D; 4h). On all three he made a pullback, on the 4h chart he made a pullback with a doji which implies further bearish momentum.
or just a sad pipedream that results in a rectangle top... I am bullish BTC short, medium and longterm... Always have, and will be for the foreseeable future... Comments are welcome... Join the Flag party only if you dare. Price Target $800
when you simply must be the first to know Great HFT momentum algo. Doing some derivatives 4 u. Tell your kids not to sleep through math class and please see my other free indicators and strategies. Peace. T A R Z A N
There has been a retracement to the 50 EMA on the GBPUSD. Also, prices have retraced to the 50% Fib level. For a short entry, wait for a breakdown below the bullish corrective trendline. For an earlier signal, you can wait for a breakdown below the corresponding bullish corrective trendline on the Momentum as it usually precedes price breakouts. Happy Trading! :D
Something I've spotted with is pair , after the bullish momentum from the 1.41600 price zone , price seems to have found resistance area close to daily resistance too which is 1.44000. we can see price is struglling take break this resistance area , daily candlesticks have failed to close strongly above the price of 1.44000. Just a small short idea all the to...
waiting for confirmation of break of the current monthly trendline support, after that a good move to the downside to price 1.28256, that support will be tested for a further break to create the new lower low in the monthly perspective.
Bullish crab setup short and long - I can see a slight change in structure on CADCHF after price holding higher than the downsloping channel so i'm expecting more up soon but we are hitting resistance, On the hour there is more buying pressure but momentum is weakening so i think we will have a corrective pullback before another rally to break the top.
Watching the AUDUSD here for short entry selling pressure and momentum suggesting downside continuation
Simple price action. Multiple retraces before continuing the lower trend. Don't believe this to be different. Still uncertainty surrounding Brexit, so do not believe it has the bullish momentum to push past resistance and make a reversal higher. We shall see next week. Stops and TP set
USDJPY Looks interesting here on the daily we've just broke previous high but now stuck at resistance with momentum divergence for a move down will be watching on lower time frame for possible entry if we can't break resistance. Could see a possible pullback to around 110 - 108 whats also interesting is the false break of resistance im seeing on usdchf on the hr...
Using trend analysis, this should be a good trade. Stop is under trend support, TP1 is the next trend resistance. If TP1 is hit, look for a move to the previous high around .96350
Hi Traders, Happy Thanksgiving to all of you. Trade with care. Got into a few positions but market is not moving much. Have a early rest then. seeya
Momentum seems to be slowing, long trendline has been breached.... thoughts?
HIIQ is pretty over extended, looking for the short tomorrow but if it breaks above yesterdays high then i'm getting out
Bullish sentiment weakening. short the break of bullish trend line. TP is safe and modest right next to recent lows. Risk/Reward reasonable Multiple approaches: 1) Short the break. 2) OR wait for consolidation of the new resistance after the break (safe) 3) short when 0.77071 (before or after breakout - high risk) Take Profit: 0.75605 Stop Loss:...
BTCUSD is technically still in an UPTREND but currently in a sell off. Look for support at the 50% fib retracement level @ 684.45 and below that at 78.6% fib level @ 649.78. Lots of divergence leading up to the sell off. Momentum is is drifting BEARISH but still BULLISH overall.
This Zone is the strongest accumulation Zone also seen in the Volume Profile on the left, while holding the Support (green dots) it's quite safe to enter a short Term long here and wait for a good Entry on lower TF (2h- 4h). There is one Resistance Point before the Target that would be 1294.64, so this could be TP1 and TP2 the final target at 1344.25. Bullish...
- Overall market is bearish - Slight upper shadow + Breakout bar with above average volume + Bullish trend intensity + 5ema pierced through the body of the breakout bar + NR7 and NR3 combo on -2d, with descending volume throughout the last week