XAUUSD SHORT term major resistance rejection expected, wait a daily reversal.
AUDNZD SHORT term Major resistance rejection. place your stop loss below the resistance.
USDCAD SHORT term Monthly resistance rejection place your stop loss below the resistance.
Currently higher prices are being rejected on 4 hours (Pinbar) The Daily zone (red line) will be tested - Should prices rush through the support it will drop further down to the next support
AUDCAD Bearish Gartey & Monthly resist rejection SDHORT term trade place your stop loss at +-1.03500 for good risk reward.
XAUUSD SHORT term soon Elliot wave Resistance become support, 0.382 rejection expected & also the B point of Elliote wave. Place your Stop loss at +-1228.40 Wait for a good bearish confirmation .
EURUSD Support Rejection= Expected LONG term with good 2:1 risk reward place your stop loss below the new resistance. We are also at the 38.2 fibonnaci (rejection expected). @forex_millionaires
Support trendline Bounce Exceptional RR ratio Onwards
Just sharing an inverse fractal idea for Bitcoin. Feel free to comment. Market Update: SEC rejected the Winklevoss Twins Bitcoin ETF earlier today. This makes BTC short term bearish, with downside targets from 780-880. However, we are still bullish on the larger timeframe, with possibility of SegWit activation if Core vs BU can settle their issues,...
I sold this at the close of the strong bearish candle after the doji/hanging man candle. Price retested the resistance zone at .7607 - which is an area of previous support and resistance. Price got rejected from the resistance zone, so I am selling AUDUSD down to the next significant support level, which is 0.7515. My stop is above the most recent high.
AUDCAD soon SHORT term(Monthly Resist 1.0300 coming,rejection is expected expected for a good short opportunity and a good risk reward (place your stop loss up the Montlhy resist ) @forex_millionaires www.instagram.com
So we have a valid trendline with 3 points on it, and UJ hit it once more during last Friday. I shorted it for several reasons: 1 - Rejection from trendline 2 - Price filled the gap and then went back down 3 - Price became overbought when it made a LH 4 - Bearish engulfing candle on Friday's close 5 - 1h double top formation with broken support and retest of...
FX:CHFJPY
Just break already ahaha Decent position as I see it, still holding from yesterday. If the support trendline breaks I suppose it will be extra confirmation for a short position.
EURCAD is overbought on the 4h time frame, and price was rejected from resistance at 1.4100 I see this area as a supply zone, where sellers will be entering the market.