Interesting chart , however it's early to say which direction is winner. I'm on my hands for now , anticipating something interesting to happen before decide whether to trade or not.
I have entered a short position based on the following reasons: - Break and retest of strong trendline - MA's have crossed over since the break - Daily candle looks to be closing on a doji and has failed to break above 0.68 level (This is also the level for 0.382 fib. Caution: NFP is released tomorrow so this trade could see huge spikes in either direction. Trade smart
The pair has broken a strong trend line which has held since May 2015 , price has now retested this and bearish momentum can be seen to be resuming. Waiting for daily close for entry for shorts to Target 1
Waiting for price to pullback to deceleration zone and inner CTL highlighted to form lower high and for bullish PA to confirm movement to next downside target @ 119.896 = next swing low possibly. FOLLOW ON TWITTER @BILLIONSFX
Buy the rumor sell the news. We broke out of the wedge
Political pressure no longer exists. JPY plunge a main priority for Abe now.
The trend weaves seem like it's about to reverse to the bullish side.
We have seen a lot of sideways momentum on the pair the past few days. The pair is now approaching key levels, a break and retest of support zone @ 0.67229 will initiate shorts to 0.65710. However if support holds within the zone we could see a the pair continue to range between 0.68727 & 0.67229 TRADE WITH CLARITY, PATIENCE and PRICE ACTION!
We have seen a lot of downside momentum on the pair. The pair is now approaching key levels, a break and retest of support zone @ 0.67229 will initiate shorts to @ 0.65710. However a break of the CTL will warrant longs to upside target @ 0.68727. TRADE WITH CLARITY, PATIENCE and PRICE ACTION!
Yesterday’s buy signal on EURCHF is running good at the moment. The pair is in quite upside trend now. I first gave it a try last week when it broke the bullish flag upper wedge. D1 charts 1.1038-1.1047 is strong support so we’ve bought again at the retest. I am working only with price action here, no other supporting tools. Franc is losing ground against all of...
Shorting to 1.40000 1TP Then 1.38900 2nd TP
Updating my previous entry that was based on the trend... It seems the support level may be rising and a potential break out of resistance levels. We'll have to wait and see, I'm not going to trade this for now. Clearly the market has been particularly strong the past few days....
NZDUSD UPDATE! Price stalled at previous daily support @ 0.67767 making a higher low .We are now seeing some bullish momentum a #break and retest of the CTL on lower time frames would suggest longs in the pair, however strong resistance around the 0.68727 area could possible prevent further longs to Upside target 1. If a clear break of daily resistance/previous...
good volume new stock no overhead supply relative strength good upper bands on cci and percent r money supply increasing candle had wick wait for good opening candle see our book on amazon for entry rules
I think USD/CAD going down, because of Resistance, plus a lot of news for dollar. Also we see long wick on 2 last candles. And maybe pattern w - signal for Short
one hour chart above cloud cmf flowing up get our book on amazon to see how to trade post new issues relative strength good top levels of cci and percent hot industry medical device copany
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Hey Traders, Outlined the process each trade should involve. Simple IF... Then process. IF the market reaches my level of interest without violating the A point of the pattern Then i will buy. Please thumbs up if you like this kind of analysis. Thanks! Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl