I see a possible long of this pair with a pushing momentum to the upside ( after we stopped making lower lows ) + inverted H&S and an engulfing pattern + we already made a new high ( green box / look at a higher time frame ) ..
Don't take your profits quickly , look for a continuation of the trend in the D chart ...
Pay attention to this pair, it's possible to have a breakout to the upside pushed by :
fundamentals : the us economy still doing well relative to the canadian one, especially with the lack of reactivity from the central bank of Canada + uncertainty and negativity over oil prices ( with the algerians wanting to add ...
I see here a possible long for that pair with a pushing momentum to the upside ( on the D and 4h charts )
We had a kind of inverted head and shoulders , and we started to make higher highs and higher lows aligned with fundamentals and CFT ( going long this pair )
Wait for the confirmation ( don't go early , make ...
volatility is down these days, but we can see in the most '' volatile '' pairs.
I'm on this quick training trade. I see here a nice possible breakout with a pushing momentum.
2 targets ( around 143.25 and 145.19 .
I see a possible good opportunity to '' pull the trigger '' for coca cola stock,
I'm bullish from the fundamental side, the beverage sector is doing good ( read the last PMI ISM report ), the company has shown good results and increasing P/E ratio over the last year and quarter and positive earnings ...
Expecting some continuation of volatility in markets coming days, giving some opportunities for day trading.
We can see a good sell opportunity if we get to the important level of resistance ( red zone ), combined with an advanced pattern formation, and expecting a continuation in the weakning of EUR and GBP with ...
I see a possible short opportunity with this inverted gartley around 75.40 - 75.63 ( red zone ) , which is important level of past resistance
- Wait for a candlestick confirmation with the indicator of momentum that you prefer ( for me RSI )
- Pay attention to the volatility of these days with the possible ...
We are looking to short the AUDJPY pair if the price will make a come back to the 78.00 ( red zone ) , that could act as a good resistance, making stops above 81.00 and looking for targets around 74.00 to 73.50 ( 1.618 extension and on an important support zone on the Daily and monthly chart ).
Use your usual ...
I come back again with a new trading ideas .
I have here a long opportunity with an inverted gartley pattern around (1.26113s ) for a first target to (1.28302) and a seconday one at (1.29655)
- Wait for confirmation that suites you the most
Note : Don't expect the market to go to your direction that much, ...
We can identify 2 advanced patterns
- MGP ( Mirrored Gartley Pattern ) ( violet color ) completing around 0.69193 giving us an opportunity to go long, in a major structure level ( look left ) , and in which stops should go the previous structure low to ( around 0.67890 )
- Butterfly pattern ( orange ) : looking ...
Seeking to short this pair with a pushing momentum to the downside, expressing the bear view on the us dollar with ( with bearish fundamental leading indicators ) , combined with a possible relief of the canadian dollar with the relief of oil prices ...
- Trying to target the ( green zone ) or further
I wait for a possible BO of the USD/JPY , to go long .
119.635 as a first target ( 20% of the total seize ) - stops to breakeven
120.620 as a secondary target ( 80 % of the total seize )
keep an eye on your momentum indicator ( RSI here )
IMPORTANT : this is only a part of the total analysis ( includes also the ...
Some fundamental signs are pointing a possible reverse on the downtrend of gold.
The good trade when you match this with price action, trying to take the best timing
The first scenario is a break to the upside bouncing from the downside of the channel, that could be strong if it will squeeze the short sellers ...
I see a possible short (red zone) opportunity with a bat pattern formation in the hourly chart with :
+ 127.2 extension of AB in confluence with the D completion of ABCD and 88.6 retracement of the XA leg
+ The black lines are important structure levels ( scroll to the left around 07/03/2014 and the ...
In this setup we are trying to go long to take profit from a possible retracement of this massive GBP sale out , with an over extension in the H and D charts , in a reversal zone ( green ) or Optimum Reversal Zone ( dark green ), formed with Fib extensions and inversions, and structure levels
SL : 166.689
TP : ...
I'm waiting here for a retracement of that pair after 7 days of red, you can short in one of the 2 green zones ( depending of the extension of the leg )
Note : Please wait for an over extension of the leg in the 4h and 1h chart
TP : between 0.70935 and 0.71383
SL : around 0.68507
Everything is possible !