Parallel Channel

Another Bullish BAMM Setup. Wait for breakout. 0.786 Could be a very possible target. :)

Expecting some consolidation around 61% and then take off to 1.50 - 1.55 levels.

price still move inside the channel. we can aim one more downside.

Lately we have seen a lot of catalysts as far as WTI Crude Oil but less and unreasonable volatility than expected. We had: 1.O.P.E.C enlargement deal. 2.Libya's and Nigeria's supply growth. 3.Arab nations cut ties with Qatar. 4.US increase Oil production 10 months straight with new cheaper drilling methods. 5.Summer rally seems to have an effect on inventories ...

GBPGPY ASCENDING WEDGE REVERSAL PATTERN BREAKOUT SOON

As we see here, the heavy resistance is broken. price might come down for a retest, but then it should go to the top of the channel. Plus we are in a very long uptrend, so odds are on our side.

I've read this article that talks about NVDA, AMD and new potential competition - http://www.marketwatch.com/story/nvidia-and-amd-must-brace-for-competition-from-a-super-powerful-artificial-intelligence-processor-2017-07-18?link=sfmw_fb I decided to take a look and this is what I've found: 1) Brekaout of a monthly channel. 2) Attempt to break above 40$ and a ...

USD/DKK 4H Chart: Channel Down The American Dollar is losing value against the Danish Krone in a three week long descending channel. Formation of the pattern began shortly after the Greenback depreciated by 1.55% on June 27. In the second half of the yesterday’s trading session the currency exchange rate has bounced off from the channel’s bottom trend-line, ...

HKD/JPY 4H Chart: Channel Down The Hong Kong Dollar is depreciating against the Japanese Yen simultaneously in medium-term and short-term descending channels. The junior pattern represents a second rebound of the currency exchange rate from the upper trend-line of the senior formation. It seems that in the early Wednesday morning the pair has already ...

This is a very optimistic view of the NZD. This assumes the US Dollar continues its run down. I think the TP1 is much more probable in the coming weeks and at a little over +100 pips I am ok with that.

Hello guys, I know so many traders want to short GOLD long UJ now. Check this, you could hv several reasons to long UJ. 1. FIBO 0.5 2. Support line( green) 3. 5 wave channel . Does that mean you can enter right now ? Will post answer later. Less is more!

Strictly Technical AUDUSD Top of the channel short // STOCH SIGNAL // Bearish start M30/H1/H4 // GMACD // Trend/DN MEDIUM M30/H1/H4 Almost perfect bearish Butterfly pattern play on AUDUSD at the top of the channel looking for 170 pips on this movement. SL 70pips from entry in prz

AUDCAD has given 145 pips this week. AUDCAD is still in a range going back to June 2013. For the next week i don't seem to grasp what is going to happen, both AUD and CAD is strongly going up, resulting in rejection in the two boxes i have stated out. I believe that the long term view is that AUDCAD will go down to historical 0.92000 but the lack of lower lows ...

EURUSD breaks 1.13 Heading towards the long term channel Price is very bullish after break 1.13 Pay attention to 1.1424 level which is FIB 1.13 EXT and also the channel. Wait for market to test this level and the price action should tell us the direction. Breaking this Channel may lead EUR to 1.19 However, if failed to break the channel, a big correction may ...

Hello trades, Hope all is going well with everyone. As shown above, GBPUSD is showing strong signs that its changing its trend and we could see strong bullish movements in the coming days/weeks. Please note that in order for this pair to continue its move upwards, it has to avoid trading in the accumulation area (highlighted in blue). This is not a trade ...

NZDUSD Break down the uptrend channel Find a pull back to short. Although last ideas was a loss, but that is discipline, and I must thank for this stop loss to cut the loss only at 40 pips, not 120 pips. you can see the huge upside move after the breaking out. Now the NZD has broken the channel with a strong bearish candle closed below. I will find a pull ...

Possible flag pattern on LTC going to reveal. It's pretty parallel. It might go up to 54-56$. BTC tip: 1FPc96NnpW5rC4RqVVYSRAd8BNHPM4ecJa LTC: LZ8Q9cNyGYdNxAhjU4zNaFv4SrcmZyToPk Thank you :)

Strictly Technical EURUSD Top of the channel short // STOCH SIGNAL // Bearish start M30/H1/H4 // GMACD // Trend/DN MEDIUM M30/H1/H4 Looking to short EURUSD top of the Channel, A bit of a risky play but I'm expecting DXY to bounce this week.