Situation:
CADEUR is forming a downtrend. It which might be confirmed soon (pink dashed line).
Another point of potential movement will be the breaking of the yellow trend (yellow dashed line). Might even have some SHS flavour to it.
Plan:
Short CADEUR at the confirmation of the pink trend.
Execution:
Trade the trend with SL at the last lower high.
Situation:
Looking at the day chart of CHFEUR we can see, that we are currently in an uptrend (yellow line) which has recently startet its correction (yellow dotted line).
Looking at the 1H chart, we can see that the correction behaves as a downtrend (pink line).
Plan:
We want to SHORT CHFEUR at around 0.8776 (red dashed line) with a SL at around 0.8798 (green...
Situation:
Looking at CHFCAD we can see two uptrends currently going on.
Plan:
We will be going long as soon as we geht a higher high.
Execution:
Trading the trend.
Situation:
USDCHF is correcting an uptrend on the day chart (see picture below).
On the 1H chart we see a broken uptrend (yellow) and the ongoing downtrend (pink).
Plan:
Before the correction of the day trend ends, we want to short USDCHF at the red dashed line.
Execution:
Trading the downtrend with SL at the last lower high.
Day Chart:
Situation:
As we can see, CADJPY has been on a downtrend for 5 days. After ending the yellow trend, we can now see even bigger moves. A Potential bigger downtrend is forming.
Plan:
Short the forming downtrend with SL at the last lower high.
Situation:
After an uptrend, CHFEUR shows some weakness and struggles to produce a new high.
Plan:
Looking at the current situation, we can try to short CHFEUR at around 0.8787 which is the red dased line.
If the chart crosses this level, we will se a broken trend by definition and can expect some downwars movement.
Execution:
Trading the movement with a TP...
DISCLAIMER: I am by no means anything close to a proffessional. The reason, I post ideas, is to document my trades. There may be no value to you. It might be incorrect analysis. But it certainly helps me sorting my thoughts on charts.
Situation:
The chart confirmed a trend pattern. (see red dahsed line)
Plan:
We will trade the downtrend with SL at the lats...
DISCLAIMER: I am by no means anything close to a proffessional. The reason, I post ideas, is to document my trades. There may be no value to you. It might be incorrect analysis. But it certainly helps me sorting my thoughts on charts.
Situation:
AUDCAD seems to start correcting its upwards movements. We can use this opportunity to short AUCAD on 1H. It has...
After EURUSD ha broken its' previous trend-ish movement (organge dashed line), it has again formed a downtrend.
This gives us the opportunity to short it, once it again confirmes the trend at the small red dashed line.
On the day chart we can see another downtrend, which will be confirmed again at the big red dashed line.
We can expect strong movements at this...
Looking an EURGBP we can see the chart moving downwards with several tests of a trendline formed at the last three heights.
If the trend keeps moving downwards, we can SHORT EURGBP around the 0.86912 mark (dotted red line).
If EURGBP continues moving towards the trendline, we have to see if it is closing above. If it does, we can LONG EURGBP and wait for it to...
Just a quick idea right here.
As you can see we have a little ping-pong between these two trendlines.
If the BTC is bouncing off the lower trendline, we can expect the following 3-4 days to be bullish, which is in favor of the complete market.
ETC had a good bullish run since the beginning of december.
Now it is coming to a critical point, where we already tested the downtrend (green) started from the ATH back in may '17.
It also closed above two critical supportlines which are at 0.00250187 and 0.00261 (dotted blue) . This is indicating a very bullish movement.
Looking at the RSI and STOCH RSI we can...
After dipping, XMR is again close to breaking through the downtrend.
On 1h candles, we can see the formation of a bullish flag-indicator.
After breaking through the downtrend, we can see supports at 0.0261 and 0.027 and 0.03.
