Indicision from where I'm looking at... need more confirmation before entering in any direction. my feeling says bullish..... let see by the end of the week.
update on previous bearish trading direction. looks to me a large W is forming, where the bears are still in play to take over
4hr double top, large wedge forming on weekly, price heading back to consolidation area
USDCAD is trading in a bearish trend and currently retesting the LQP 1.30 it may overshoot the 1.30 with 25 pips before continuing the downtrend and heading back to the bottom of the bearish channel
Aussie has been trading in a bearish channel for a while, but it seems like the end is near. it is near a strong resistance which has been tested previously 3 times, but in the end all got rejected. On the side note the price is currently around a major psychological level 0.70 It is also heading towards a major supply zone which might push price back up. For...
On the daily chart im seeing that EU is trying to break out the consolidation it has been in for the last few weeks. It can either go back in a bullish channel and head back to 1.20, or if it breaks the previous breakout of 1.30, the bears take over
USushi will be trading in down towards the range it has been trading in the last few weeks. A large doji on the weekly confirms exhaustion of the bulls. in the markup you can see the Elliot wave's and its upcoming correction. entering the trade would set a stop loss at 100 pips ( 20 pips above the high of the doji) and a TP of approx 450-500 pips. This is not a...
markup 6-10, consolidation, on weekly support and trend line from 2008. expect to go up to 1300 area
gold markup 6-10, consolidation, on weekly support and trend line from 2008. expect to go up to 1300 area
H4 support was retested, my expectations are it will try and test the resistance on H4 @ 1.32146 as well before bouncing back to the trend line. I entered at 1.31498 and expect to head north where I am aiming for 1.31850 where my TP is. ( 35 pips )
As far as I can see it the price has been rejected at around 148.8 When I look in my crystal ball, I can see price retracing towards 148-147.5 before heading north again