No Buy No Sell. The triangle shape we need to wait for breakout.
Waiting for price to break 1st resistance in the Senkou span. Meanwhile Kijun has just crossed below price (bullish signal). Tenkan looks fine, its flat lining for a while, but it will change later... Last but not least, the Chikou span just completed a bottom-top crossover, meaning a bullish trend is probable (but we must keep in mind that because of the nature...
Wait for the next candle, if it breaks the daily pivot, short
Based on the gap and price action, and also in line with current crude oil strength, this pair still has room to go down to 1.30 before possibly bouncing up again tomorrow. Entering a short stop order and monitoring its price action today. www.dailyfx.com D: W:
Waiting for a bearish engulfing candle before I setup a short stop order for this pair--entry near BB with TP on current base fib level and SL near recent highs. Pair is currently ranging in 1h chart, but continue its downtrend soon in line with current resistance on higher time frame charts. www.fxempire.com D: W:
This pair is still under consolidation the week after the US elections, but in the short-term might either continue down until 20.000 before rallying again, or start bouncing now up to S1-S2 pivot levels. Keeping an eye on its price action today. www.fxstreet.com W: D:
Here are the tentative zones where I plan to put my stop order--long or short, depending on the next sentiment after the Brexit Appeal tomorrow morning at 8am (UTC+8). www.fxstreet.com W: D:
USDJPY is at crucial point of make or break it. Already touching 0.382 retracement from June 2015 highs. I think we are done for this year but its worth waiting before taking any action. Aggressive traders may open a sell order with stop around 111 for a target of 103.5 or a buy order with a stop around 107.5 and target of 111-115
The Dow Jones Industrial Average (DJIA) has made a quick and powerful bounce from 17883 to 18873 points (Thursday). It represents a 5.5% increase in only one week. The victory of Donald Trump has apparently raised the idea that the new policies might spark a stronger economic growth. After that short term progression, we can clearly see that the underlying trend...
Waiting for confirmation candle after break/bounce at 0.72689 (R3 pivot), or after break at 0.73630 (R5 pivot) before sell/buy. If confirmed long, good TP is at R1 on weekly chart. 1W: 1D: www.economiccalendar.com
Still on waiting mode for EURUSD until the US Elections and candlestick confirmation below or above the R3 pivot @1.11722. If current situation persists, pair has room to go up in the short-run, but depending on the outcome of the US elections and Fed's talk about December rate hike, it's more likely that this pair might bounce down, if not near R3, somewhere...
Changed my idea for this pair now. Can still be bought in the short-run, but it's best to wait for confirmation @0.91483 because it's due for correction based on higher timeframe chart analysis. 1W: 1D:
Same with AUDUSD, NZDUSD might drop also soon despite better than expected employment figures and milk prices. Waiting for price to drop near .71211 at least before going long. www.fxstreet.com
The S&P 500 has just broken its support area at 2119 points ; before that, we would have expected a bounce because that area prevented two bearish attemps. On a break out of a support like that, we usually search an opportunity to enter short. But here is the problem : - The previous peak (2154.80 points) seems too far to put a stop above it. The first obstacle...
Facebook ( NASDAQ:FB ) is evoluting in a long term bullish trend, but currently it is consolidating between 126.70 and 131$. On that situation, a short position is definitely to ban. But is today the right moment to initiate a long position ? The support à 126.70$ corresponds to 0.5 retracement of the last upper move (end Aug - beg Sept), it is not enough. It...