GBPJPY is showing bearish signals after breaking the bullish TL on APRR. Target at Friday close with SL above highs. I will also exit the trade if a bearish trendline is created and broken on the same indicator.
Supply and demand Analysis - Published 03.08.2016 We're seeing lack of demand and maybe even liquidity at yearly highs. Each time we build enough demand to reach highs we have sudden and steep declines, which could indicate lack of demand. I expect a small pullback, before heading lower. However should we take out the yearly high on a fair amount of volume...
Wave Analysis - Published 03.08.2016 We're seeing a break of a trendline and a pullback. This has happened multiple times over the past years. Also we have a lot of divergence in both the MACD and the RSI.
USDCAD BREAKS THE TREND LINE time to short pay attention to the zone i marked. wait for price to retest and short
broken corrective trend line indicates price actions to .618 retracement
A long term bearish trendline has recently been broken, and the downtrend seems to be reversing. Watching for price to break above the 200MA to go long and then wait for a golden cross.
Buy FX:GBPUSD Buy above counter trend line break. Target Previous Resitance (green line). Stop below Support.
USDJPY Short Zone: 106.45-106.70 This is to trade the broken trend line and pull back to 0.5-0.618 level.
SPX short the pull back Break the tri-angle wait fot the pull back. check the price action check the FIB. check the RSI Good Luck , Good Trade to every one. I am busy these weeks coz I am setting up my trading academy and have to travel a lot to conduct courses. I will still publish my ideas here and hope you guys can benefit. Remember: Plan your Trade, Trade...
USDCHF sell on counter trend line break
AUDCAD weekly short This is general direction!! I will go to the lower time frame to place my short trade using following method: Fib counter trend line break support and resistance candle stick formation StochRSI and market sentiment (???)
Miss you people. EURGBP has completed a short term downside breakout. Looking for a move lower in the near term. It is just my view. Trade Your own view. My Regards Technician
EURCAD Selling Now Counter Trend Line Break
Simple Trade for Gold Trend Line broken: which means 1h uptrend is finished. Price Break 1347 support so short gold when it retest this level.
I am yet bearish in the pair and I think best way to join is by waiting for the H4 chart to get broken down and then we can look for pullbacks near the down trend line and resistance zone around 0.7500 to sell the pair. Technically D1 chart is already under bearish pressure due to the bearish divergence.MACD historgram is showing divergence on the H4 as well so...
2 weeks ago we saw price break the bullish trend-line, creating a lower low. Last week we saw price retrace to retest this trend line. In the coming week i think we will see price complete its test and then continue on its bearish trend to test the next major support. Fundamentally, we have big US news this week, employment/unemployment rate & non-farm payroll....