EURJPY Long/Buy Idea waiting for a momentum candle close above 121.150 to buy this one Reason: 1- Regular Bullish Divergence on MACD (in red) 2- Trendline (in blue) 3- Rejection/Support zone from Daily Three confluences are enough to consider Buying EURJPY, after a break above 121.150 (in black)
GBPAUD 1HR broken the trendline and now retesting it as support target on S1 stop just above P
EURCAD Long/Buy Idea waiting for a momentum candle close above 1.4730 to buy this one Reason: 1- Head and Shoulders pattern (in orange) 2- Trendline (in red) 3- Trendline Rejection/Support zone from Daily Three confluences are enough to consider Buying EURCAD, after a break above 1.4730 (in black)
Monthly: Huge rejection of 112 level with two spinning tops and a huge bearish engulfing candlestick Weekly: Break & retest of 108.5 zone with a nice shooting star rejection candlestick Daily: Bulls failed to take controll of the market by breaking the ascending trendline. Bearn are now on controll 4Hour: We have a descending channel. Price retraced to our minor...
Began with a nice triple top Resistance, Followed along by a Rejection zone Right naround 96.50. Also a obeying trendline. Next target is 96.0
This is actually an interesting daily candle. as we can see we saw bitcoin cross the 50 day EMA line and immediately got rejected. we will have to see where this goes from here.
decreasing volume.. price is squeezed between 21 EMA and 100 EMA.. breakout soon.. where r we going? i think it is heading down to test a lower low.. with the confirmation of a bear flag formation.
The Price formed a rejection candle with a strong momentum so we are expecting the INDEX to continue the bearish trend as it did not break the strong resistance. Also the Price made a doublé top with MACD with divergence RSI shows overbought
1hr trendline broken with a lower low. 1hr 50ema broken and being retested from below. Looking for the original target of 109.00
Looking for a pullback to the 4hr/daily fib 0.618 level. 1hr 50ema now broken and some nice bearish candles forming.
1358.5000 top level was reached after a sharp bull trend. Prices settled on a resistance zone and were subjected to a bear pressure. On the daily chart has formed a lower doji bar, confirming a rejection by the bears to drive the prices higher. 1360.000 is an iconic level since 2016 and prices tend to plunge every time they reach that strong resistance area. Odds...
This is a pre-data trade for GBPAUD. GBP is being bid up prior to the release of UK core CPI data today. It appears buyers are assuming good news which we all know, is highly unlikely considering the state of Brexit and the economy. The classic "BUY the rumour, SELL the news" Targeting new lower lows on the 1hr/4hr timeframe as the trend continues.
EURAUD rejecting the resistance zone at 1.63500 2 nice daily wick rejection candles and it appears the 4hr bullish trendline has now been broken. I am aiming for 1.60 before waiting to see if price breaks through the daily trendline marked on the chart. Stop loss placed above the wicks to avoid any SL hunting and further tests of resistance.
Many wick rejections and 1HR candle close at the $1338.35 dynamic level, as mentioned a break below the trendline could drive prices to the 1st psychological target of $1320.00 Great risk-reward for this trade 1:4
Hey tradomaniacs, welcome to another free signal! Important: Wait for the retracement back to entry and sell! ----------------------------- Type: Swingtrade Sell-Limit: 0,74555 Stop-Loss: 0,74811 Target 1: 0,73585 Target 2: 0,72816 Point of risk-reduction: 0,74124 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every...
EUR/USD IS STILL IN ITS TREND AND CAN GO DOWN A LITTLE FURTHER TO SUPPORT TO HONOR ITS TREND. AFTERWARDS WE SHOULD HAVE A GOOD BUY WITH PRICE REJECTING SUPPORT.
I really like this set up, Market is in a downtrend, day chart has been rejected from the 30EMA, Price closed below a key support, other JPY pairs have a similar bearish pattern.
Here is my 3rd scale in entry order set for the FTSE 100 index. - Lower Highs & Lower Lows - Fib 0.618 - Bearish TL - 4hr 50EMA as resistance - 7250 nice psych number Aiming for 7000.00 level to be hit next.