Quebra

Quebra

The EURCHF pair is in the range between 1.14750 and 1.12690. Current price is at the top of the range, which has been a resistance previously and the RSI is also in overbought area, which gives an opportunity to short EURCHF. There could be a strong support at 1.13300 area, which is also a Monthly Pivot Point and a round number. But there is no significant...

Quebra

On Daily timeframe we can see a 61.8 Fib-retrace, giving a opportunity for continuation to Fib-Ext at 161.8 level. Bearish flag formation is broken, price has not been able to break MPP, trading below last NFP levels.

Quebra

On H1 timeframe the up-trend TL was broken. RSI is also in overbought area and is already falling. 1st TP is Fib 38.2, 2nd TP is Fib 50.0.

Quebra

If the price holds the 91.00-91.50 levels, then I see a possible rise towards 95.500 area. why?: The price is in a Daily uptrend (green channel). The intra-day trendlines (blue, dotted) have been a support on several occaisions and price has bounced up from them. As long as the latest dotted line is not broken, the uptrend may continue. if this setup holds, the...

Quebra

For my own educational purposes only, not a signal! On H4 GBPCAD is in an overall uptrend. Just touched the trendline, from which there were several up-bounces. In addition to that, an AB=CD pattern has emerged. So, if the trend continues and does not break the upward trendline, I expect the GBPCAD to rise towards 1.74200 levels. If the trendline is broken...

Quebra

For my educational purpose only - NOT a signal. What I see on Daily timeframe is, that the price is approaching the previous zone of resistance. Price has dropped from this 114.100 area previously 2 times. In order the trade to be valid, the price should not break the horizontal blue dotted line and should break the blue dotted rising trendline. I know -...

Quebra

USDCAD just touched uptrend channel bottom and is also trying to break out from 1.25200 resistance area. I see strong uptrend potential as the DXY is also going through similar setup.

Quebra Updated 

Many things need to happen before confirmation. The blue dotted trendline needs a break and re-test. Next, the Weekly support needs to be broken and re-tested, only after that the potential long setup is confirmed. Overall up-trend, will be watching closly this pair for next couple of days.

Quebra

Potential AB=CD pattern on H4. Overall downtrend.

Quebra

Small scalp potential

Quebra

For my own educational purpose. Pair is at channel top range. A rejection candle was created, high wick. Target at 38.2 Fib-level retracement, as this is a counter trend trade.

Quebra

For my own educational purposes. I see strong resistance at the channel top. high rejected candle wick. also possible double-top on H4

Quebra

Idea from 06.09.2017, based on price action

Quebra

Double top Entry price at 23.8 Fib MA20 and MA50 crossing above D-candle RR: 1.5

Quebra

price reaching H4 upper support area H4 trendlines forming a wedge, SR from bottom and top previously 86.200 area held and retracements happened probably will break lower entry at 84.830 area SL 86.500 area TP 81.300 area RR 2.15

Quebra

On H4 downtrend support around 112.850 area downward TL forming a wedge possible breakout lower TP at next support 111.960 area RR 2.2