Tesla comes out of a compression triangle with a strong bullish breakout that is about to hit the $ 360 zone, forming a double high on a strong weekly resistance!
At the retracement, expect laterality in the $ 340 area for an upward entry!
It seems that we are facing the formation of a double minimum, one of my favorite trading signals! We await a clear signal of laterality before entry ... if it were to close beyond the prz and then break the support, we would have an even greater chance of this!
EUR / USD is in a moment of laterality from more or less end of January to now, providing movements suitable for the identification of various patterns! Today we have found 2, Bat and Cypher, which are completed in the same area where they touched the last few lows! We opt for a long in the P R Z .. we'll see!
EUR / NZD It is in a fundamental bullish phase, which physiologically can be interrupted in a zone of daily resistance, as we have 3 types of different signals:
Possible steering of the price?
AUD / NZD has formed a strong resistance in the area between 1.1000 and 1.0980 in the month of January .. now it has finally been broken, therefore from the forex manual, we wait for the retracement for a possible rebound on 0.11% support and aim to complete the 'ABCD!
As in the idea of a week ago that I leave below, where we followed the completion of the CD leg and we had noticed that the completion ended right in an area where there was also a nice cypher. So now we close the previous long position in profit and open a limit order on the completion of the cypher.
USD / SEK That has always given us great satisfaction, slams on a Daily resistance, where we can see the completion of a bullish BAT! From strategy we do not enter the market on Friday, but we wait for post-weekend movements!
USD / TRY is trapped in a bearish channel, after breaking an area that has been strongly supportive previously, it has resumed its strength by retesting the breakout zone. Based on one of our trend continuation strategies, we place a limit order on the 3.54% retracement 50 of the AB leg which falls precisely on the PRZ. Always 3 mechanical levels of TP:
It breaks an important Daily resistance, in the descent it retraces around 38.2 and 50, forming with maximums a perfect dynamic resistance. Now the price at breakout towards the high of the dynamic resistance, has retraced, and we enter LONG following the trend to complete the ABCD.
USDCAD After the break of an important resistance daily, laterizza for 2 months bumping on a resistance that for us becomes the first target area that in this case is broken you can think of putting the SL to BE and ride the long up to the 2nd target.
AUDCAD After the strong previous news is in strong descent but lateralizes still on a resistance daily.Noi we enter long on the orange area traced with a stop loss on the 127 fibonacci of the leg of the CD ABCD and 3 levels of TP:
1st level on the previous maximum
2nd level on the zone of prz where you complete our cypher.
3rd level on the completion of the CD...