us30 price has retraced back into the uptrend channel on the weekly time frame after the dramatic fall based on fundamentals from last week. a close of this candle within the channel will provide confirmation for a bullish continuation towards the cog and potentially the upper zone of the channel. longs form here ...
gbpusd bounced off the bottom of the longer term trend channel forming an inner trend channel in the same direction. also forming an ascending triangle with a look to break higher. multiple resistance levels above for tp zones.
a decending wedge with 3 tests of the lower TL. a 3 driver set up with entries on the break of the upper TL of the wedge,
Targets in the 131.50 and the 135 zone.
I will be looking for entries around the 128.80 zone on a clean break of the TL.
Following a short to the demand zone and COG, i will be looking for a reversal for the upside to the upper channel TL. this is target one, with a close eye on price action for a break further to the 0.8050 zone which is target 2.
ftse (uk100) has been seeing strong resistance around the 7100 zone and being the levels for the bulish trend channel.
i believe a potential retest of the bottom of the channel prior to pushing up higher to increase momentum and possibly plot a new all time high for ftse seeing at least 7250-7300
i will ...
With wall st plotting lower highs and lows, there seems to be a counter trend in play within the long term bullish trend channel.
looking at a trade entry for the longer term from the 17600 zone in either direction based on price action.
longs will be targeting zones around 18000
and shorts will be around the ...
my current bias on usdjpy is a bearish view with targets down in the 116 zone.
as previously notes on my other ideas, i am currently in trades within these pairs but i will not include the trades in my analysis for clarity.
there is a strong head and shoulders pattern being completed which should bring ...
long positions added to GBPUSD from the break of the COG trendline moving price into the upper zone of the trend line.
target zone is the trendline at the top of the channel, which will decrease the profit value as candle time increases to target.
further entries can be added off the bounce of the COG and the ...
Eurusd targetted to 1.1020+
first target is the COG trend line at the 1.0800 zone followed a a second leg up to Target 2
price is located a tthe lower zone of the channel, so a further entry can be places once price breaches into the upper zone of the channel.
i already have multiple positions but for clarity, ...