- In the weekly chart we are right at the 50 EMA and we have seen a strong retracement after touching it. - Price in the daily chart seems to start stopping near recent resuistance. - Wait for a lower time frame break of structure.
- Price is slowing down at bearish trendline, forming a double top in a weekly level. - Wait for a lower time frame confirmation.
- Price showing weakness at a recent resistance. - RSI bearish divergence. - Wait for a lower time frame break of structure.
L'action orange a atteint son point bas. L'indicateur Stochastic (34,5,50) est en sur-vente. J'envisage une possible montée du titre vers la résistance des 15,00 euros.
On the Weekly timeframe, this pair was on a descending trend, but the past year start making Higher Highs and Higher Lows, forming an ascending channel. the past days broke that descending trend line and the top of the ascending channel, made a retest of that lines and a resistance zone. Right now the price is bouncing on a strong resistance, but i think that got...
We've had the weekly distribution schematic happening perfectly so far, now marking this up again I'll like to see the 2nd LPSY be made for our 1000 pip entry move to the downside which adds confluence of our GBP based pairs heading to the upside long term heading into the first few months of 2020. From that point on I expect EUR to then start to rise begging a...
AMC is showing all the signs that a trend reversal is imminent. The descending wedge pattern has remained intact since its inception with the third (and final?) touch reacting perfectly to the structure. Volume has also been picking up recently and RSI on higher timeframes are signalling a bullish divergence. Of course, there is always the fear that earnings and...
ACN bounced up off of support for swing trading and is showing stronger upside volume. Profit-taking started as the stock reached a new all time high.
USDCHF is overall going dawns as mentioned before at a previous idea, it has hit all targets I mentioned before and will go more short to reach 0.9600 level but has to make a little retest to 0.9663 level, which is a previous support level, and now resistance and also a 38% Fibo level once it hits 0.9663 it will target 0.9600 I hope! a stop-loss will be...
Hey tradomaniacs, welcome to another free signal! ----------------------------- Type: Day-Swingtrade Buy-Limit: 1,97185 Stop-Loss: 1,95365 Target 1: 1,99000 Target 2: 2,00095 Target 3: 2,01260 Stop-Loss: 182.0 pips Risk: 1-2% Risk-Reward: 2,27 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace...
AUDUSD seems to be in formation of a H&S pattern I expect a bearish trend reversal with 0.6718 as the target.
The USD/CAD is actually a nice long trading opportunity. The trendline is broken and the USD/CAD is on the upper end of the trading range. The moving average is also broken and we have a potential to the first target of around 100 pips.
Happy Monday everyone!! After screening my chart this afternoon, i saw that there is interesting sell signal on Euro / Yen especially at the bigger time frame. Is it possible of the bear take in charge now? hmmm.. Might Be!! but lets take a look what information market currently gives us. Monthly Time Frame - Downtrend line potential 3rd touch - Support...
Market Sell: 0,74130 Stop-Loss: 0,74420 Target 1: 0,73730 Target 2: 0,73400 Target 3: 0,73085 Stop-Loss: 29.0 pips Risk: 1-2% Risk-Reward: 3,60
The EUR/USD reached last week the 50er Fibo Retracement in the area of 1.1160. As the EUR/USD couldn´t close above there was a nice short opportunity with a risk of around 20 Pips. If you missed the short - there will be a second chance again! You could short the pulllback to 1.11 with a stop of around 30 Pips. The first target could be in the area of 1.10...
This on the weekly time frame looks so clean price has respected this lower zone for some time now and the way we have fallen even better for some big big moves to the upside this will be a really good swing trade to place!
SETUP CONFLUENCE Monthly Time Frame - Support breakout, Pullback and possibility for bearish continuation Sell Signal Weekly Time Frame - Support breakout 1.61597, pullback and possibility for bearish continuation - Bearish engulfing candlestick formed, range = 1.63132 - 1.60322 Sell Signal *SELL SETUP EXPLANATION* Daily Time Frame After looking at...