Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
EURCHF is in short trend where it touched support on friday DAILY candle and got pull back until end of day. I would wait for another touch and bounce up and another strong long candle before going up.
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
Trade Idea Broken out of the channel formation to the upside. Bespoke resistance is located at 1.2532. There is scope for mild buying at the open but gains should be limited. A higher correction is expected. Although we remain bearish overall, a correction is possible without impacting the trend lower. Preferred trade is to sell into rallies. We look to Sell...
LONG @110.356 TARGET I @110.40 TARGET II@112.960 STOP @107.525 Don't like the R/R, but I missed my optimal entry on 06/21.
We can acknowledge a support area tested twice, followed by a breakout after a strong consolidation in-between @1.12500 and @1.11500. Odds of a bear continuation remain high. Possible targets: @1.10000 (+60pips) and @1.09000 (+170pips). Advice: Stay bearish and sell at any highpoint while we don't break upward the support zone or 1.11500 top level.
Here on the USDCHF I have identified a bullish rally approaching. The 1hr and 4hr charts have been oversold for the past week, indicating a bearish cycle completion in result of the Trade tariffs. I will be expecting a bullish rally on the Greenback USD also. The Feds are also proposing a possible change in the interest rates. I see a possible rally this coming...
catching the rest of this move up to the 0.5 level would be good
please refer back to picture for analysis. cheers.
WELCOME TO DACAPITAL-TRADING! CHFJPY FOREX BREAKDOWN 08 MAY 2019 1 HOUR Found a support right now, we need a market turn! 4 HOUR Bearish market for a couple of days turning bullish now. DAILY Strong Support can hold right now, looking for upside momentum! SWING SETUP BUY CHFJPY ENTRY @ 108.200 SL @ 107.610 TP @ 111.200 RR: 5.10 (Use normal Risk!) IF...
If price continues the respect on this trendline, I'll be looking for buys. However, I would be waiting to see signs that price is ready to turn around like MACD divergence or reversal patterns.
Hi there. Price is forming a continuation pattern on lower time frame. Wait for the price to complete the pattern and watch strong price action for sell.
Hi there. Price is at the top of the reversal pattern. Let's see if finally start the impulsive move. Watch strong price action for sell.
USDCHF Short - From the prior swing low on January 10th to the current swing (and multiyear) high is a 99-day move. This is exactly in line with Gann’s 90-day cycle of the inner year – a powerful reversal cycle. - There is a square of price and time at 1.0156 on the date of April 25th. Because we are more than halfway through the current time pivots, the April...
scenerio : uptrend whats going on channel what to do ? buy on dips
If price fails to break current resistance, judging from price exhaustion from the TDI and our current zone. I'll be looking for sell confirmations to go short.