The USDCAD has been holding this trend line for what seems like forever. However, it hasn't recently broke and closed below it. Now would be a smart time to go short, as long as that follows your trading rules and plan! All the best
We've recently seen UsdJpy rally like crazy. It has now stopped at the Daily Key level. a distribution triangle has been formed and now it is moving sideways on the lower timeframes. We are waiting for a flag pattern to form to be able to get a big bearish move. Anyway, we are on holidays and the markets will be acting strange as the New Year is coming. No big...
As my long went into SL, the trend line is being broken. As soon as the break will be confirmed, SHORT everything out of it. Hourly chart: Uptrend Line broken Daily chart: Failed at old trend line resistance
Self explanatory chart, looking to take profit about .84150 before it faces the bottom trend line. SL is above top, which in fact is a triple top! Rsi has room to drop a bit as well
EurUsd al least will go down to 1,0755 form 1,0771
short term short on a retracement form the lows ad continuation of the medium term bearish trend
EURAUD is in a downtrend on the daily expect this pair to close below the trendline I have set and is also in a previous support zone that could act as resistance going into next week.
You can see the proportions of the chart in the latest bearish rally. Overall BRENT OIL is in a massive bullish rally. Next question is: are we on a goot timming to jump to the stock? The answer is not clear. It's hard to do a clear count but with the both counts suggested above we can expect a retest of the lows. There is still a downtrend channel that is...
Signals: breakout of inclined support gap pennant Sell 1) 12,40-12,30 (retest of top flag's level) 2) 12.10 (breakout of bottom flag's line) Stop 12.56 (+1 tic of flag's high) Target 10.50 (sizing+support level) RR/ratio 1:3-7
Main Signal - flag Sell 31.00 (flag's bottom line breakout) Stop-loss 31.46 (+1 tic flag's high) Take profit 29.50 (sizing) R\R ratio 1:3
$EBIO has been getting sold off when it tries to make runs, looking for a spike tomorrow up to previous highs as resistance levels and then I will short it, 4.50 is the nearest half dollar resistance, I will have a loose stop around that area. If it pushes through previous resistance then I will keep waiting for the next bearish sign to short. After the washout...
Short on UsdJpy againt the strong bullish medium term trend. It's just a retracement but this level area is an interesting reversal point
1,1120 is a very important resistance level area. The 2 target of this movement area 1,1101 and then 1,1095
It's on SHORT for 2 hours, this time, its going SHORT! Buy the market if you think I'm saying the truth.
First, select varieties Not all varieties are suitable for day trading, in order to obtain a profit in the day trading, the first thing to choose a good subject matter. Only those with a large variety of volatility and liquidity can make traders make profits quickly. I recommend: EUR/USD, AUD/USD, USD/CAD, GB/U, XAU/USD