First time ever, playing it or setting it up. Certainly not a LONG term position (yet)...
SPOT could potentially challenge its IPO highs from this pattern.
Shares of SNAP have been beaten down for weeks now, but today's decline has shares testing an upward sloping trend line that's held on multiple tests so far. I just jumped in via April 20th $15 calls for 32c.
GOLD is in the main balance with the range 1307-1362. Last week we saw a false break down of this balance. That often indicates about the movement to the other side of balance. For now you can use 2 strategies: 1. Put buy-stop with the expectation of break out 1325 (aggressive). 2. Wait for a correction wave to the balance level 1307 (conservative). Stop-loss...
Repost. 1D time frame graph technique. How to buy-sell Additional detail. U can take profit now goodluck.
XAUUSD 1Day Symmetrical Triangle . Graph Technique
EURUSD This swing trade on the short side from 1.1893 kiss on the parallel is going well, so far. A neat pattern here, with a head and shoulders at the very top with an exact 200 pip downside target at 1.169 (met) and then a much larger, and more threatening head and shoulders forming over the following weeks with a downside of 420 pips from the neckline down...
Bitcoin: BTCUSD Bitcoin is busy knocking out one of the best fractals you're likely to see. So long as this holds up off the new trendline it should go on to make new highs this weekend.
WTI Spot: USOIL Pushing against near-term resistance and needs more Dollar weakness to move up further from here: should come back some from here to give another buying opportunity as per comment. If trading this PLEASE watch DXY chart. The will move in near perfect opposite direction in the near term and DXY is pulling WTI, not the other way round...and the...
GOLD Spot: XAUUSD Testing important resistance here - suggest closing out longs as per comment, getting ready to either buy from lower at 1251 or as it breaks above 1262. Be careful of that overhead resistance line though.
For the immediate trend : Entry : .86190 Stop : .85916 Target 1 : .86616 Target 2 : If price closes above bearish trend line, next target will be .86944 Target 3: Hold and move stop up along with trade Reference Red Supply zone if shorting.
Short NZDUD @ 0.71725 Lets see if we can hit Targets!
couldnt make into h4 supply zone by 3 pips but got a reaction as anticipated
Top-down analysis Monthly: The price is getting selling pressure at around the monthly resistance area Daily: there is a daily demand zone just below but we have a room to arrive there H4: and it just created a H4 supply zone. TP1: 1:1 Just before h4 candle tail TP2: just before daily demand zone tradewithcan.blogspot.com.tr twitter.com
Turkish Lira aginst US Dollar has been running between the monthly demand zone (2.7974-2.5604) and monthly resistance area. As i expected, we had 2 nice reactions both from demand and resistance zones. Soon after consuming either of the monthly areas, we may see an abrupt and impulsive move whichever zone breaks first, probable outcome being upwards. ...
We have tested monthly demand area (3.0824-2.8456) once and then, as we expected we got a nice selling reaction from monthly resistance area (3.4791-3.3764) Right now, price aciton is telling us that we may break daily supply or weekly demand zone easily by virtue of spending too much time to form both of them. But yet, if price reaches weekly demand zone, i...
AUDUSD may give us a buying opportunity that can emerge once in every 2 or 3 years. After selling pressure and losing value for 5, two things happened at the same time: 1- We have seen Monthly Trendline reached and had a reaction upward fomr here. 2- Also, the price managed to break above 0.7385 level and has activated monthly demand zone(0.72425-0.68270) We...