DAX (Germany 30) went up to a new high at 12337. Can it go higher???
CAC 40 went to its highest high since almost 2 years. Could that be potentially the top???
Hi guys, I am looking at a possible Long setup at GBPUSD. There is an inside day on the daily chart and I believe the next candle, or today's will be a bullish one. I am looking at the 1.3000 as a potential price target.
Today I am looking at a possible short XAGUSD setup on the Daily chart. There was a bearish engulfing pattern on the daily just below a major resistance area. I am looking for a possible retracement back to the area to initiate a trade. My stop-loss would be above the level of 18.65. My first target is the level of 17.70. My secondary target is the level of 17.70....
Today I am looking at a possible short XAGUSD setup on the Daily chart. There was a bearish engulfing pattern on the daily just below a major resistance area. I am looking for a possible retracement back to the area to initiate a trade. My stop-loss would be above the level of 18.65. My first target is the level of 17.70. My secondary target is the level of 17.70....
Hi guys, Today I am looking at a possible short XAGUSD setup on the Daily chart. There was a bearish engulfing pattern on the daily just below a major resistance area. I am looking for a possible retracement back to the 18.30 area to initiate a trade. My stop-loss would be above the level of 18.65. My first target is the level of 17.70. My secondary target is the...
Today’s trading idea is coming from the German index- DAX. During the day it sold off down to the closest intraday support at 12075. Buyers supported the price and it shot up to over 12175. This left a daily bearish rejection on the chart of this index. The daily candle is a pin bar and it seems logical that the next move will be up. Based on today’s activity, my...
I am looking at a possible formation of a pin bar on the Daily chart of EURJPY.
I have been waiting for this setup from last week. Looks like AUDUSD is getting ready for a pickup
I am looking for a small retracement and go long this pair
Hi guys, I am looking for a renounce off 0.7500 as indicated in the chart. Maybe not a major move u, but can see around 100 pips at least.
Looks like NZDUSD has bounced off the support level and formed a daily pinbar. Very bullish setup
Today’s trading idea is coming from EURJPY. I have been waiting for a price action setup, which has finally come. As discussed with one of my followers (Dan) in the comments section, I finally had a confirmation from price. If you look at the daily chart of the EURJPY, you will find out that there is a pin bar, which is forming on the support level of 118.00. It...
Hi guys, I am looking for a potential setup on AUDJPY. Looks like we have reached a strong support level, so maybe time to reconsider the longs. Waiting for price action confirmation
From the screenshot above you can see that the price has bounced off the minor support at 0.6980. I will be ideally looking for a rejection candle in the 4H chart. The opening is very important, so we need to wait and see the price action. The daily candle is similar to an inside bar (although not an exact inside bar) and has formed on a minor support, as well. I...
The EURUSD has hit the major resistance level and has formed a bearish engulfing pattern. It looks to me that a lot more sellers will join the bearish mood soon. I will be looking to enter in a short trade if I find a suitable intraday signal at around 1.0700. My stop loss would be placed just above 1.0850. My first target is the level of 1.0500. My next target is...