Well it looks to me we are in a bull flag or swing trade in h1..... BUY @ 2.1020 SL @ 2.0900 SL 2 @ 2.0800 (if you want to be more careful) TP 1 @ 2.1170 TP 2 @ 2.1300
Well to some extent it looks like a double top and to some extent it looks like an ascending triangle :p.....So, what to do now? Well if it was a double top i would short it upto 1.0920, which is possible if price breaks below point b==support break.... and if it is an ascending triangle, than i would place a pending buy above 1.0980 targeting 1.1020. It's...
Well it looks like Oil will be bottoming somewhere between 41.70-42$.....Now that we're trading below 44$, still price can go further down to 42$.
Could be a short below 0.9800, TP would be however around 0.9760....As it looks like a double top around this area...
It's called a symmetrical triangle, but you can also call it a Bullish Pennant :)... Buy @ 0.9700 SL @ 0.9600 TP 1 @ 0.9740 TP 2 @ 0.9780 (that's if your extra lucky :p)
Well this is interesting :p....Because i spot another bull flag....At the moment i wouldn't buy this pair, because it's trading around the 61.8 (golden ratio area) in H1, However it is also possible we might form a double top around 0.7427. Not expecting a break above that at the moment, but anything is possible :).
Well in the h1 chart of USD/CAD we have a bull flag....But for the price to continue higher, we need a break above the bull flag above 1.3210, in that scenario, i would expect price to go upto 1.3300. As they say Oil prices going lower, hence i assume there is a possibility of better than expected non-farm employment change data from U.S today+ that would also...
Well to some extent, i think we're currently trading inside a bear pennant. In my view this price should break to the downside below 1.5600 targeting 1.5400, Stop loss would be around 1.5800, if i'm right about this bear pennant.....The other scenario is that if price temporarily breaks above 1.5628, we can expect a slight rally upto 1.5670 or 1.5737. But if i...
Buy @ 2.1216 SL @.21000 TP @ 2.14000 Pattern type: Bull flag
Short @ 1.0800 TP 1 @ 1.0700 TP 2 @ 1.0500 SL @ 1.1500 Pattern type: Bearish Pennant
Buy @ 124.40 Sl @ 122 TP 1@ 125.80 TP 2 @ 126 Pattern type bullish pennant.
Looks like an inverted head & shoulder pattern==long above the neckline Buy @ 2.3800 TP @ 2.4000 TP 2 @ 2.4300 SL @ 2.3300 Good luck :)
Houston we have a bull flag, i repeat, we have a bull flag :p.... Buy @ 0.9720 TP @ 0.9850 SL @ 0.9400
Only short @ 1.3100, as it looks we have a double top in USD/CAD, but just to be careful, i would short it with a pending @ 1.3098 As currently it's ranging in 60minute chart....Neckline in this is around 1.3111 So to short a double top, you have short it below the neckline.... Short @ 1.3098 SL @ 1.3200 TP @ 1.3056
Well it looks overbought .....So i would short it below the senkou span b border (which is acting like a temp support area).....Once we go below it, there is probability that the price will come down to support area E. Short @ 0.9552 TP 1 0.9516 TP 2 @ 0.9501 TP 3 @ 0.9470 SL @ 0.9700
Looks like a triangle but....currently a double top is formed c+e, so i would short it.... Short @ 2.1450 TP 1 @ 2.1330 TP 2 @ 2.1264 SL @ 2.1700
So, yesterday when i saw USD/CHF around 61.8 Fib Ratio i had a feeling U.S index was also having a relation, so today, we can see the impact in the market...