Dow - LH not formed
Possible inverse head & shoulder
pattern forming at the bottom
of downtrend
Buy if neckline/resistance zone is broken
Short if support zone if breaks down
with target of next support
Dow - Range bound
Head & Shoulder pattern
Short if price breaks down
from support zone with targets
of hourly resistance and 0.5 Fib level
respectively
Buy if price breaks through
resistance zone with targets
of hourly resistance and resistance zone
respectively
Triple bottom at 0.618 Fib level
Trendline not broken
Plan A
Go long if hourly resistance is broken
Plan B
Short if price breaks down from
0.618 Fib level
Stoploss slightly above 0.618 Fib level for both plans respectively.
Plan A
Buy if price breaks above 0.5 Fib level
with stoploss at the support area
Target price at 0.236 Fib level
Plan B
Short if it breaks down the support
area with a stoploss slightly above
support. Target price at 0.786 Fib level
There are two possible scenarios, the first one is a corrective upside move that will reach the resistance area and then a reversal. The second one being it breaks the support area, continuing its downtrend further to 0.5 and 0.618 Fib levels respectively.
Formation of lower highs and lower lows, major trendline broken.
Descending triangle pattern, major support zone at 0.236 Fib level broken. Entry at current level with a stoploss of 152.26. Target price of 148.64
Breakdown from rising wedge in an uptrend, pullback with formation of a lower high. Short call with target prices of 0.236 Fib level and 0.382 Fib level respectively. Stop loss at 1870.75.
AUDUSD trading in a very important zone, take entry for short position if it breaks the trendline below. If it breakouts the above 0..236 Fib level, take buy position with target price at the above trendline. However sentiment is very bullish on the greenback, so I'd recommend shorting with a stoploss at 0.236 Fib level.
Bullish Cypher formation according to harmonics.
USDJPY is trading in a parallel channel, currently at the bottom. Formation of bullish candlesticks indicating upwards swing. Buy at 113.40 with a stoploss of 113.20.
After making a series of higher highs and higher lows, trend seem to continue in strong upwards bullish momentum. Strong buy recommended, Three white soldiers as indicated showing same momentum.
After making a series of higher highs and higher lows, trend seem to continue in strong upwards bullish momentum. Strong buy recommended, Three white soldiers as indicated showing same momentum.
Bearish trend reversal, inverted hammer at lower high indicating exhaustion of buyers. Entry at 1.3485 with a stoploss near the previous lower high in case of trend reversal at 1.3515.
Continuous bearish trend, inverted hammer at lower high indicating exhaustion of buyers. Entry at 1.2442 with a stoploss at the previous lower high in case of trend reversal at 1.2470.
Following the long term bearish move evidently visible, short call with a risk to reward ratio of 1:3. Entry at 1.1555, profit taking at 1.1525 with a stoploss of 1.1565.
