Possible reversal Point on the Daily. MACD showing divergence, broken out of down trend channel and has shown consolidation. Awaiting signal for either continuation or reversal from current price.
uptrend channel confirmed. broken out of channel to the downside but has since rejected and continuation may play out.
Long on USDCAD - broken trend and consolidated.
Trading in a trend channel. broken MA's, tight stop loss
Trend Line 0.61 retrace 314/200 MA cross over and holding above. Previous Support Nov '18
AC8 showing nice volume and started flattening out. EMA's crossing over Go Long?
Higher Lows forming. Broken Channel Stop placed below previous low Aiming for the 0.61 Retracement
Broken out of channel. Go Short on the rally
GBPCHF - Sitting at long term support after a long run down, EMA's are tightening and looking for a breakout to the upside just await a buy signal if it plays out as planned.
AUDCAD has been consolidating for 4 weeks and recently broke out of its resistance. So we go long to the 1.61 and prior S&R Await buy signal - 4/1 RR remember management and partial profit taking on the way.
Oil on the hourly has created a double bottom, 2nd bounce was a higher low. We havnt made a higher high but price has broken out of a channel and is now retesting that level at a 0.38 retracement. Nice risk/reward. remember portfolio management!
The EMA's are squeazing after some bullish momentum, consolidating at the moment in the 0.38 range. tweezer bottoms and a bullish engulfing candles were seen recently. Place the SL after the 0.5 retracement to allow some breathing room, the 1hr - 50ema may help to hold support and 4 hr chart looking bullish.
Missed entry on the breakout to the downside of the bearish pinbar. Still a nice risk/reward. SL above the highs of 2 large wicks, Targetting a double bottom on the hourly chart.
ETHUSD - broken resistance, retest nice upward trend channel Targeting previous resistance. May go either way due to BTC Money management is a must.
Short on 4 Hr timeframe. Potential to get a larger move, Setting up a manual trailing stop above lower highs may be worthwhile.