DXY - USD Dollar Index could change Long RR Ratio >3:1
USDCHF slowly moving upwards but there's not enough momentum to push it further, reversal looks possible towards the median line. There's a good Risk Reward entering at the top of the pitchfork range for almost a 1:8 Good trading all!
-NEW SIGNAL- INTRADAY TRADE POTENCIAL SWING TRADE Type: Market Date: 30.5.2016 Technical: DAILY TRIPLE TOP Pair: GBPJPY Timeframe: DAILY Trade: SHORT Entry at: now 162.684 Take profit 1: 155.381 Take profit 2: OPEN Take profit 3: OPEN Stop loss: 162.951 ( 25 pips ) Our risk: Touch trades/Wick plays = .25-1% risk depending on the situation
Saw a break above previous resistance. Retraced in form of a channel. Broke above channel and now looking for upside momentum. Stops and Targets as shown. TRADE YOUR PLAN Good luck! Felix
I believe to have found a H&S pattern on the daily chart in UsdCad I am selling below the neckline - SL at 1.36, target of the H&S is around 1.2550 UsdCad put in new lows on Friday, after the data releases (and bad number on earnings) Also Crude Oil is on the way up again - next target 38-40 The combination of these two will probably bring Usd down more the...
Bearish PA: Tweezers at Desc. TL Rejection also CTL retest Tweezers also occurred at a daily 61.8% fib bounce level Pair has been in down trend for some time and after a short burst up formed a double top and has started putting in lower lows and lower high's.
Monthly trendline up from 2002 lows comes in at around 7! Monthly trendline down has been broken to the upside and has held But fibonacci expansion 0.61.8% from last two moves up are both just below 14 If price breaks below 13.8 again we may see 100% fibonacci expansion level from last move - at least! This is just above 12 So: buy between 14 and 10.5 (100%...
AudUsd is moving towards a buy position above daily trendline support MA 50 is broken to the downside - SMA 50, yellow line I will wait for MA100 to break and buy above trendline support - SMA 100 green line TP is below double top and MA200 - red line
I think I have found an interesting setup on the 4 hour chart in GbpNzd for a short position Price is currently right below 100 Simple moving Average and just below 38.2% Fibonacci retracement level of last move down these combined resistance levels should hold the price below, and pair is already bearish being below daily trendline and a top seems in place...
Nzd/Chf is showing a nice Bullish engulfing candle on the 4hr chart Just above 61.8% Fibonacci Expansion target - which now could act as a support The Stochastic indicator shows a slight bullish divergence too, and price seems to be rejecting the lows around 0.6260 I am long Nzd/Chf with a first target of taking out previous highs around 0.64, second target is...