Michael_Harding

Michael_Harding

This pair remains range bound in a wedge formation. Upside indicates a confluence of resistance. I believe as we approach that area, we should expect a bounce back down towards the downside towards the rising support buffer. ------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade...

Michael_Harding

Waiting for the bullish momentum to fade, to scale in on some shorts. Quick intra-day in and out ‎‍👤 ------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this...

Michael_Harding

The plan here is to just wait for retest of the top level of resistance to consider a short setup. Right now I'm bullish but waiting to switch gears. ------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK...

Michael_Harding

Plan is to wait for a pullback towards the previous wedge resistance to consider a possible bullish entry. ------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with...

86:07

Michael_Harding

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Michael_Harding

EURAUD is approaching the Buy Limit Zone for the plan I posted earlier. For more details, see Related Ideas below. ------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions...

01:22

Michael_Harding

Gurus can also be wrong. What's key is not expecting to be right all the time. See Related Ideas below for Previous Trade Idea. ------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and...

Michael_Harding

== TECHNICALS == EURUSD managed to climb back into the previous choppy range. I expect price-action to continue bouncing around in this range (red box) See related ideas below. ------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @...

Michael_Harding

== TECHNICALS == I believe USDCAD could face some resistance in the near-term but has the potential to climb above the 1.29 and additionally the 1.30 zone. Should we see a pullback down towards 1.28, my assessment tells me to buy the dips. Some broad-based dollar strength seems to be the latest theme. ------------------- Please don't forget to FOLLOW, LIKE, and...

Michael_Harding

== TECHNICAL OUTLOOK == Currently attempting to break above channel resistance. (pink). Should we see a break to the upside, I would like to see a pullback to future support (current resistance) to then aim for the 105 handle which is a conservative target by assessing the first impulse (yellow) ------------------- Please don't forget to FOLLOW, LIKE, and...

Michael_Harding

Here we have EURAUD on both the 1 hour (left) and 4 hour (right) The one hour chart has extended it's gains in equal size as the first impulse to the upside. Impulse 1 and 2 are equal in gains. With that said, I'm expected this second impulse to retrace down to the previous resistance which will turn support. The plan here is to wait for the retracement and then...

Michael_Harding

Currently trading below all major SMAs (50, 100, and 200). If we break and hold below $30k which has a major support zone, I would expect to see further correction down towards my bearish target. If, however on the other hand the $30k level decides to hold as support, another retest of the descending resistance trendline should be warranted....

Michael_Harding

== KEY TAKEAWAYS == + Currently holding above 100 & 50 SMA on daily timeframe + Overall trend is bullish on daily TF + Strong support with 50% Fib level of the most recent bullish impulse + Dollar continues to remain under pressure ------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade...

Michael_Harding

Was expecting a break below the channel support earlier. Price-action managed to bounce sharply off that level. However, I am still suspecting that rising support level might break which will then generate a tradable idea following the break to the downside. ------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my...

Michael_Harding

Very simple setup. A breakout above the channel resistance (yellow trendline). Price-action now indicating some topping action, waiting for price to climb a bit higher to enter with a sell limit order. Risk to Reward is 1:1 ------------------------------------ Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade...

44:16

Michael_Harding

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Michael_Harding

CADJPY managed to bounce back above the most recent support trend-line creating what's known as a "Fake Out" This suggests the bulls are still winning the battle and that further upside should be warranted. However, a break below the previous low (below lowest point of fake out) would expose further downside towards the Support Zone. At the time of writing this...

Michael_Harding

== TECHNICALS == Ethereum continues to trade within a rising channel with a bit of bearish divergence with RSI. I believe if price-action trades outside of the ascending channel to the downside, we should expect some additional support at the Rising Support trendline. ---------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like...