Kabish

Kabish Updated 

I believe this is a fake breakout of the bearish long term trend. RSI does not allow to go much further now. Price may either go down to the resistance or to the mid term bullish trend. You can allow a very tight SL with good risk/reward on both options.

Kabish Updated 

Price may retrace to bullish either respecting the previous resistance (marked in dotted red horizontal line) or by formating a bullish harmonic butterfly pattern (marked in dark brown). In any case, wait for a bit of confirmation using price action, the MACD or at the RSI oversold.

Kabish

The price broke the bearish channel up and then went back very sharpy. No clear idea on where it should go mid-term, so let's keep this trade short-term.

Kabish

Day started down. There is a MACD and RSI divergence, be tight with the SL since there is a risk of breakout. I am putting it on the 1.42

Kabish Updated 

We proposed to short CADJPY five days ago: (sorry, idea firstly published in Spanish, but you know, this is technical analysis). The price is currently forming a triangle on the H1 timeframe. Should we break it upwards, the idea is invalidated and we should apply SL. Should we go downwards, the idea is still valid and looking to hit 85.3-85.6

Kabish Updated 

One the H1 we have a descending channel that may be broken by a sharp bullish tend with good momentum. We are right now at a key point, let's wait 2-3 hours to get in. Both scenarios may have nice risk/ratio reward.

Kabish Updated 

Broke the bearish H1 trend line, took support on the daily bullish trend line. Wait a bit for confirmation and get in!

Kabish Updated 

Short until 20.0

Kabish Updated 

Oversold on the H1 and H2 timeframes, may be a good opportunity to catch up and sell closer to the trend line. My expectation is a short bullish moment on the next couple of days to continue with the Daily bearish trend line afterwards.

Kabish Updated 

Weekly support reached with good opportunity to go long. Conservative approach is to TP on the next bearish tendency line as marked, but might go further.

Kabish Updated 

RSI does not authotise in theory a direct breakout of the tendency line. Will likely come back to the H&S neckline to break afterwards. Expect some bullish soon in any case.

Kabish Updated 

Buena oportunidad de venta con ratio riesgo beneficio.

Kabish Updated 

Buy on extreme oversale of RSI until back to BB.

Kabish

On weekly resistance + tendency line. RSI not authorising further growth so far. Short.