I've been staying away from EUR/USD recently but have spotted this potential head and shoulders patter, could we see upside moves in coming weeks?
A retest of 1.108 would warrant a short trade - both targets displayed on chart We've closed below 1.108 and now are trading below this level. This pair is definitely on my radar and can go straight in my basket.
This pair is at key DTL resistance -Break above this is bullish -Looks as though we have broken out and retested the pennant -MA's look as if they're to cross to downside -Major rejection wick -Failed to close above MA -Put in a new low I favour the downside and the break of DTL voids my idea *A spike to weekly res 0.725 would be my ideal entry Just look for...
Playing this potential setup: Waiting for the confirmation! -A break of box -Multiple MID tests/Holding firm We're at the bottom of the Channel Could be a reversal Could however break inner ascending TL and find support on outer TL Trading against kumo so defo have to be careful Just look for confluences and Trade Em'
This retracement could be just that a retracement. -We could be trying to retest the TL we've broken out of or Ascending TL I can't be asked to write everything, the chart is pretty much self explanatory LOL good to see EUR a bullish EURO pair. Just look for confluences and Trade Em'
Taking a closer look onto this pair i can see that we had a sell off to 78.6 fib voiding a AB=CD in my books I see an AB=CD to downside though MA's on this pair look as though we could rally to 0.725 before tumbling lower. Just look for confluences and trade em'
Over the course of this week and possibly next I see downside potential. This is just a closer look at the potential play. -MA's about to cross onto downside so we could look for support at Daily 21MA Descending TL break and close on Daily voids idea.
I'll be monitoring the Weekly mid as my entry for a short -Targeting 21MA support/Ascending TL -Huge rejection off DAILY MID level Closed below MA on Friday Counter Trend Line break and close above would void my idea...
This is one potential play, I favour the upside on this particular pair. -We've had a major sell off/retracement now I think its time to buy up again -Resting at 61.8 fib -Next resistance mid of Weekly candle -MA support -Break of box would warrant long to Monthly Res Just look for confluences and Trade EM'
2 POSSIBLE INSIDE BARS THOUGHT I'D HIGHLIGHT -Enter on 4hr or 1hr if potential play available.
Long to 1.35 -Above MA -Above Channel Mid -Target .61 of Monthly and 1.272 of Fib extension since start of the year -Monthly close above 1.3 is bullish, putting in a hanging man, Momentum favouring upside -Daily MA's about to cross to upside -Strong bullish candle -Box mother week, monitor area over coming weeks Just look for confluences and Trade EM'
I've decided to mark the dark cloud pattern mid as my last straw. If we close above 97.73 and break through the descending TL i'm bullish. On the Weekly we can see a cross of MA's. We've closed above MA's -Next major resistance would be 100.00 Daily: We've put in a higher high We're at TL resistance are we going to break or fold? Just look for confluences and...
On the Weekly TF we can see that we are trading on the 21MA, we could bounce from here and therefore hit the narest resistance zone at 9EMA I will look for shorts around there and the 21MA We have broken and retested the short term ascending TL so we could continue lower, a further confluence would be to break the outer Ascending TL. ENTRIES AROUND 1.3000 MONTHLY...
Just waiting on a few confirmations before my opinion is solidified -I need to see a close above 200EMA -Currently playing an AB=CD pattern with completion at Monthly Key level 1.00 -We're trading above Monthly Mid of Jan 2015 -We put in a double bottom at Monthly Mid of Jan 2015 -50MA and 200MA have crossed to upside, long term uptrend established -Further...
We saw a break of the ATL currently resting on 200EMA as support Shorter EMA's about to cross to downside for a retracement The 50 and 200 MA have crossed so we are in an overall long term Uptrend Next level of demand is the Outer AscendingTrendLine and 50MA We could bounce from this level and head higher as we're currently stagnant on the 200EMA Just Look for...
Multiple fib confluences at the yellow box. I see that as a good entry for a short. I favour the downside although MA's are crossing on weekly. I see a bullish move to yellow box and then a tumble like a pile of bricks The US is gonna somehow restore faith and have everyone ditching this These guys are media kings, this games F*cked Supply at 1220 im looking for...