Analysis is on the chart.
USDHKD Short/Sell Idea waiting for a momentum candle close below 7.8325 to sell this one Reason: 1- Regular Bearish Divergence on MACD (in red) 2- Ascending Triangle (in blue) 3- Resistance/Supply zone from Daily/H4 (in blue) Three confluences are enough to consider Selling USDHKD, after a break below 7.8325 (in gray)
Hey tradomaniacs, welcome to another free signal of WEEK 37 Nr.3 How to trade: Wait for the break below the horizontal support and sell after rejection. ----------------------------- Type: Day-Swingtrade Sell here: 0,64267 Stop-Loss: 0,64542 Target 1: 0,63777 Target 2: 0,63571 Point of risk-reduction: 0,63912 ----------------------------- LEAVE A...
Here 2 possible setup i am going to try. FIRST LONG THEN SHORT. Tight stop loss. Enjoy
#USDCAD to continue the downtrend after the formation of a bearish engulfing pattern that is pushing the price below a previous significant swing low.
A retest of 10k is in the way, and a daily close like this will result in a rejection.
Reasons of Placing the Trade: Overbought RSI with divergence scheming a Supply Level Volume Increase Rejections at the same Supply Level with rotations to the nearest demand Level Setup: Sell Stop Loss: 120 pips of length @57.40 Take Profit 1: 460 pips of length @51.60 Reward: 4:1
Currently Eth is at support, but very weak... If this not bounce next couple of hours, say bye to ETH
This is my BTC scenario, this h4 will be decisive, if close like this will be clearly rejection (for now), a retest of 10k should be good for another leg up to 11k before the next "big move".. Hope you like.
Well the bears took BTC down and took price down fairly quickly. This morning I had outlined the box I was watching and wanted to see a break out above those $10,200's up towards $10,500 or a break down would occur if bears dropped us below $10k. Overall a very tight range and bulls looked like they were interested as they began poking above our 4 hour 12 and 26...
I am attempting to short US Oil again but this time I have the added confluence of the CTL being broken and retested. Another bearish wick rejection of the trendline and daily 50ema occurred yesterday swell. This gives me greater confidence. I am still targeting $51 per barrel
GBPJPY Long/Buy Idea waiting for a momentum candle close above 130.0 to buy this one Reason: 1- Regular Bullish Divergence on MACD (in red) 2- Trendline (in blue) 3- Rejection/Support zone from Daily (125.0) 4- Head and Shoulders forming (in orange) Waiting for a momentum break upward above the neckline (in purple) above 130.0 to buy
AUDUSD Long/Buy Idea waiting for a momentum candle close above 0.6820 to buy this one Reason: 1- Regular Bullish Divergence on MACD (in red) 2- Trendline (in blue) 3- Rejection/Support zone from Daily (0.6700) 4- Head and Shoulders forming (in orange) Waiting for the right shoulder to form to enter on the neckline (in purple) break upward above 0.6820 (in gray)
Simple 1hr trend continuation trade. Lower highs and lows, price bouncing of 1hr 50ema and the 0.786 fib retracement level. Looking for a new 1hr lower low.
WAIT ON REJECTIONS. ONLY TRADE CONFIRMATIONS.
NZDCAD Long/Buy Idea waiting for a momentum candle close above 0.86550 to buy this one Reason: 1- Regular Bullish Divergence on MACD (in red) 2- Trendline (in blue) 3- Rejection/Support zone from Daily (in green) Three confluences are enough to consider Buying NZDCAD, after a break above 0.86550 (in gray)
Rejection Bullish Expected. Sentiment 4H Bullish Contact For More Details. Comment Below.
Falling channel at support on the 60 can see some relief to the upside. Daily bias is bullish aswell so confirms nicely. few rejection wicks past the support level too.