ranges

Short opportunity off last years high .92250, EURGBP is likely to retrace towards previous support at .875, which will serve as our first profit taking opportunity, with a secondary target at .84 Trade idea is confirmed by a greater than 70 reading on the RSI, an overbought signal. SL: .925 Entry at: > .91 TP: .875/.84 Best of luck TW

D1 - Range. Ideally we want to see another push down towards the very bottom of the range creating and completing divergence Then we want to see higher highs and/or trend line breakout to the upside to go ahead and buy. Invalidation - Skip the setup, if price pushes higher towards the top skip the setup or If price breaks below the bottom and confirms the breakout.

Following an extreme drop from the 53 level and clear demand in the 43-46 area, along with a weakening DX yet likely rate hikes later this year, ongoing oversupply, yet continued promises form OPEC to meet the agreed upon cuts, I just do not see a catalyst midterm for a break up or down form the current range. 45.62-50.37 is a range created in '09, a swap zone ...

USD / JPY trades in range on Daily chart. Looking on monthy chart we can see possible rally in the future. I see this as bullish opportunity. Wait for price to come down to lows at 108.300. Set your target at previous tops. :)

H4 - Price is trading in a range. Breakout of this range will most likely push the pair towards 1.2830 zone which is also D1 trendline. Then the next level to watch is 1.2650.

This is my second posted trade idea. The price initially broke out of the trading range and has moved back towards prior resistance. We expect that price will now act as support around this region. We have 2 entry options. We can use a limit order to buy around support or as I have setup in this example, set a buy stop order around the 4-bar price consolidation ...

Opportunity to short gold XAUUSD off 1290 resistance confirmed by triple top. Stop loss will be placed just above the most recent high at 1292. Entry: between 1280 and 1290 SL: 1292.5 TP: 1256 (initial support) followed by 1220 Best TW

For the subscribers to Key Hidden Levels: Background info on the chart: Green arrows with lines to the right are "earnings releases" which I call "key hidden levels". The "volume profile" begins from the Presidential Election. The red line near the bottom is the RgMov indicator (Range-Movement). TREND: Determine the trend. The trend is when RgMov is ...

D1 - Price is moving indie a range Potential bullish cycle that ends near the end of the range and divergence starting to form. H4 - Look for correction to happen and then buy towards the top, where we can switch for sells after confirmation for a reversal.

If my original technical analysis was correct, we can now assume that GBPUSD is going to range between support at 1.3 and resistance at 1.33. Entry point is therefore at or below 1.3, with a take profit towards the top of the range at the monthly high which 1.326. I will use a fairly tight stop, considering that the previous move above 1.3 could be considered a ...

H4 - Range broken down and price pushed lower. Potential bullish divergence was created on D1 and H4 confirms with bullish divergence as well. Start looking for buys from this zone. This support zone must hold in order for out plan to be valid. Keep in mind the important level for us at the moment is 1.28-1.2850.

The GBPNZD has been trading in a well defined range and has once again found resistance at the range top. This clears the way for potential short positions down to the range bottom and target highlighted on the chart.

IMPORTANT - Don't overexpose yourself to too many NZD pairs. We are already in a good place to attack sells. based on the H1 setup that we have gotten. If you want to be more conservative, wait for the H4 chart, trend line breakout.

H4 - Price moving inside a range but keep in mind that our main direction is still up, and thus If we get a setup, it is recommended to trade it with smaller risk than usual. The potential risk:reward here is good. First of all we want to see the price reaching the top of the range (rectangle) around 1.7850. First we want to see a break below the trend line. ...

W1 - Weekly range was respected and as long as last high is holding, we are after sells. H4 - Short term bearish cycle coming near its end now. Wait for double wave up to form, breakout of most recent trend line and go for short.

W1 - Price seems to be respecting the range on W1 chart. As long as last high is holding - looking to short D1 - Double bullish cycle on the D1 completed itself. H4 - Special bearish on the H4 chart that is most likely near its end. We expect corrections now and then sell.

Until H4 range holds, we can try buys from the bottom of it. We can look for buys around the blue line which is the W1 breakout, if it pushes lower for double wave correction rather than flat correction. Sell Scenario: if the price breaks below the current H4 range we can look for sells towards 0.7670-0.7750 zone. We can start looking for buys once we ...

Weekly time frame shows breakout and pullback into range daily timeframe show breakout of downtrend line and price consolidating in symmetrical triangle on lower volume showing no strong selling establishing position on monday for breakout and using 3ATR as stop loss monthly timeframe showing stage 2 mark up