The trend Line on 4H brake and retested , so i think the best is going long and first target is The daily area
I will be long GBPCAD on a break of the Trend line, possibly up to the weekly or monthly pivot point. It is becoming Oversold on the 28 level RSI which means it should pullback soon. So at the very least I am expecting a pullback to the trend line so there is an opportunity to make some pips. Remember to keep your trade sizes small and manage losses so they...
Gold , Double Top, retest broken trend Three bearish candles . important level 1313 1300 1360
Encana Corp has recently broken a resistance line and a year long downtrend line this year. After being up the past few months, it is continuing to look bullish. It has just had a two month consolidation period and is ready for the next leg up. The price has moved above the 20MA (which it respected during the downtrend) and the 50MA. Additionally, the Directional...
The longer uptrend on AUDCAD was broken at the end of last week, after the pair tested the strong resistance level (visible on the Daily) and broke through the 1.0000 level quite easily. After a retest of that level, sellers got in control and pushed the price down. This provides us with a good opportunity to ride the newly formed trend. I expect sellers to push...
GBPUSD sell when pull back short to complete cypher
nzdusd pending sell limit at 0.7191 this is a 3618 trade coz we have a tripple top. LOL
Hey Traders! USDJPY is showing some bull signs. The break of APRR trendlines on the 15m and 1H chart after a strong bullish impulse allows for optimal entry toward the completion of a potential bearish cypher
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...