Gelium

Gelium Updated 

Support for long-term uptrend is broken down. But the mood for continuing the uptrend is still quite strong. In my opinion, while the most likely trade between medium-term support / resistance levels.

Gelium Updated 

Possible rollback up on the news with further breakdown of a small consolidation down.

Gelium Updated 

Breakdown of consolidation is possible both upward and downward. Target levels are in zones of long-term support / resistance levels.

Gelium Updated 

With the approach to the upward support level, long positions can be opened with a target in the area of 1300. I do not like the price dynamics at the moment of breaking up the resistance level. A short stop can make a profit in case the upward movement does not develop in the area of 1300. But for such a scenario it will be necessary to track the situation inside the day.

Gelium Updated 

It is possible to form the "Head and shoulders" model.

Gelium Updated 

It is possible to form 3w up model.

Gelium Updated 

It is possible to form a 3w down model.

Gelium Updated 

On Fridays, NFP data are published. Breaking up the resistance level can create a short-term impulse. Will the development get impulse, we'll see. For a long position, the parameters of the stop and limit should be adjusted after the publication of the news. Depending on the outcome of the news robots.

Gelium Updated 

To ensure a good factor profit, we can use a small stop in the range and stop 65 points to break through the range. Chaotic movements within a small range will reduce the cost of the stop.

Gelium Updated 

The Canadian dollar is in a small range more than 10 days. A break of a small range up or down will result in movement to 1.3560 or 1.3115. In my opinion, it makes sense to try to use a breakthrough if the Profit Factor is more than 5.

Gelium Updated 

It is possible to form a short-term "Head and Shoulders" model down. A downward target level can be an upward support level.

Gelium Updated 

We have a long-term downtrend. In the given time, we have a resistance level and a support level. We can use the sales area and the purchase zone in the hope that the price will not break through the levels. We can also trade on the breakout of support and resistance levels.

Gelium Updated 

A breakthrough is possible up the small consolidation on the news with a further breakthrough up the long-term consolidation. I think the probability of a breakthrough down is still greater.

Gelium Updated 

The speed of the upward movement decreases. It is possible to turn down.

Gelium Updated 

Long-term consolidation is broken down. The technical target level is in the area of 0.9230. After the breakdown of the support level, the price dynamics is quite low. Therefore, a long-term downtrend can have a very low rate of decline and can be stretched in time.

Gelium Updated 

A break down of the support level of the Nikkei index may cause a simultaneous decrease in the yen.

Gelium Updated 

May be: the classical model of "head and shoulders" as a continuation of the downtrend. Target level is 106.

Gelium Updated 

We use the resistance level. Sale in the expectation that the level will not be broken. Buy at the breakdown level.