EURUSD, The path of least resistance is down. There is allot of overhead on multiple timeframes is the pair is to head higher. Plan Sell rallies till EURUSD breaks its longer trend.
Hi Guys, This is what I see in the EURUSD. So basically I see the price breaking the 1.200 Major aiming the 1.100 Major. In doing so, I see the price breaking the B point of a possible massive shark with a retesting pullback over the 50% resistance forming a little baby shark in an inconvenient position, :D where if the price closes above the D point of the little...
The 196 day moving average on 3 day chart appears to be an uptrend support line since the beginning of the last bullrun. If we break below (EG. visit 5800 again or anything less than 6000) expect us to slide all the way through to $4300.
It looks as if BTC could make it this time, however there are still mixed signals. Daily has been overbought for a while now, like the last two tops, when BTC price hit exactly the MA200 line. Shorts are coming down fast, longs rising, so if BTC doesn't break through fast enough, it could go down again. I have to admit that I am undecided right now. I will just...
EU off the 800 ma, stand by for monthly bollinger bands all you indicator fabiosos....
Off pitchfork in an ending diagonal, 800MA on weekly. Equal length to the first 3 wave move... Just did a flat correction and broke out bottom, Oil news coming. Safest to time entries on the pullbacks. It is technically possible for it to come down A LOT. Check your fundamentals.
The last two sessions have been good ones for the Aussie. Price has broken above several key resistance levels on the daily chart and is looking for more. Currently, price is posting a retrace of the June high (.7676) to July low (.7310) macro-wave. As a result, the macro-wave 50% and 62% retracement levels have come into view. Here is the trading plan for...
Two paths two take, and unicorn zebra makes sure leveles are respected.
Only 3 ways the market can go. Here are the supports and resistance I am watching.
GBPUSD remains bearish. Will be going short if there is a 50% pullback. Will update you as the week goes by. Following price action carefully.
FX:USDCAD Short term position in two days
Simple analysis, i will buy at 2.20 ~ 2.30 $ Have a nice day :')
- See thumbs up, 5 day MA moves upwards cutting across the 10 day MA. (1st Bull Signal) - If the 5 & 10 day MA's continue upwards and cross the red 50 day MA (Buy Signal) - See fib level 0.7 & 0.3 for key price action areas - Use other fib levels for Stop/Loss & T/P
Fibonacci Ratios - 0.786 / Price level: 1310 - 1315 - 0.382 / Price level: 1290 - 1292 See these as key areas for price action, so buy or sell orders could be placed here if the below indicators are fulfilled. Could also use 0.236 & 1 ratios as positions for stops etc Moving Average 5 Day (GREEN) - 5 day moving average has cut across the 10 day...
Fibonacci Ratios - 0.786 / Price level: 148.000 - 0.382 / Price level: 145.000 - 145.750 See these as key areas for price action, so buy or sell orders could be placed here if the below indicators are fulfilled. Could also use 0.236 & 1 ratios (and their accompanying lines) as positions for stops etc Moving Average 5 Day (GREEN) - Both 5 &...
Overall view of Market direction using the weekly to foresee possible exit/rise positions. Break of Weekly 50MA is worrying as has been years since this was the case. Rapid rise during Nov/Dec gave little chance for supports to be established under $5800 and would worry most investors if the possibility arose. 1st July (which may see action early, due to 20th June...
While I've been confident we would break up from the current rising wedge instead of down from the head and shoulders pattern for roughly a week now, I wasn't sure if that would be before another retest of the head and shoulder neckline at the bottom of the wedge or not, but now we have two 4 hour candles up out of the rising wedge with an hour and 5 minutes left...
I just wanted a single application that would allow me to check/uncheck the MAs I wanted to see for various time frames. I've been using the 7 and 30 period for weekly observations of crypto and the 20,50,128 and 200 for other views such as the 20 day, 50 day, 128 day and 200 day MAs. This allows me to open the settings and uncheck what I don't want to see and...