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nkanven

OANDA:NZDJPY How many time do you see this kind of chart configuration. It's just like the perfect setup for the perfect trade. Do you think price with bounce or break the historical level ?

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As from the current chart configuration, soybeans show us 2 possible outcomes. OANDA:SOYBNUSD is downtrending since mid july and might continue. The 8.47 level have been acting as support and resistance way back july 2018. The level have shown interest again twice this year. Knowing this, price should either break the level or bounced. in the scenario price...

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From January 2015 to Jun 2017, OANDA:EURUSD had never closed above 1.1460 making this level an important zone to pay attention. Various bounces also occured at 1.1159, also a level to pay attention. Thus, having actual marking ranging between this range is a sign to wait either for a bull brake above 1.1460 or a bear bear below 1.1159. A bull break can a a...

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Since october 2018, OANDA:XAUUSD have been moving upward, now testing $1300 level. In a weekly analysis point of view, we can smell a reversal signal (maybe short). This week just closed with an inverted hammer candlestick wich indicate more selling pressure. On the weekly time frame, I'm looking for an Elliot wave 3rd impulse. I have combine Elliot waves...

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This chart is very clear enough, I think saying much will not help. Look at the support, look at the retracement, the momentum... www.salixnigra.com twitter.com www.youtube.com

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What to say else? Am short on OANDA:EURUSD The price have been ranging since 2018 Q4. We see that it is difficult for bulls to reach, talkless to say break, the 1.1500 level since october 2018. Almost tested twice first on november at lately last week (02 jan 19). I believe shorting now, just after the formation of the marubozu has good chance. Moreover, SL...

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OANDA:SPX500USD have been going up for straight 3 weeks now at full speed. But we can clearly see a slowdown here. Approaching the recent key area, bulls seems to play it safe. Since November 2017, we saw how this zone acted as trustful support and resistance. Same thing is happening now. Will bulls gain momentum to break this resistance or not? As for me, time...

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OANDA:EURUSD have been in a strong downtrend since mid 2018. Will this bear market continue? Maybe, maybe not. Price closing above 1.15 wil be a strong bullshit signal for me with a profit target at around 1.17. In the contrary, a close below 1.1220 will be bad news for the EUR. Target could be at the 1.10. Aggressive trader can go long when price closes above...

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Hi folks, Just a tiny post on eventual long position on OANDA:SPX500USD Even though I don't trader short time frame, I think this setup makes sense. Price is on a resistance level and also between 26% and 38% fibonacci retracement. Stop loss below the 38% fibonacci and TP at 2470 for a R/R of 1.95 will be ok.

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BTCUSD is actually hitting a major support level which have been acting as a major area where bulls and bears usually battle for autority. The overall trend is bearish and it will not be suprising to see the bears win. Nevertheless, cryptocurrencies have been gaining momentum this new month. Last week, the market experienced both a solid increase in trade volume...

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BITSTAMP:BTCEUR has been ranging since mid august 2017. Price has reached now a zone of support that indicate hesistation in the market. The bears seem unable to push price down. After the formation of the morning star , I took this trade without any hesitation. SL @3484 and TP who knows :-)

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This commodity TVC:PALLADIUM has been uptrending since may 2016 on the daily timeframe . After some periods of distribution, forming an ascending triangle on the 4H chart, price break upward and continue its ascension above september 2014 high. We can now see price ranging on the 1H timeframe. As per the general sentiment, I will go long on this commodity...

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Petroleo brasileiro's shares consolidating on resistance After a wild rally up, NYSE:PBR has now lose its power . We can see buyers and sellers fighting for the stock next direction. We can see a flag formation here. Nevertheless, I'll go long if price close above 8.94 and short if price closes below 8.84. Both SL on 8.88

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USDJPY is now idle on the resistance level which is have been holding price since july. Will this level remain strong enough to pull price down once more? As for me, I'll go long if price closes above 111.10 level and go short if it closes below 110.35 Stop loss for each will be the entry level of the opposite

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Hi here! As we can see, FX:EURUSD have been on an uptrend since 29 june 2017. The higher heights and higher lows are clearly visible and represented with my green lines. On the daily timeframe, the general trend is upward (the red line). As per the basics, we should be only looking for long opportunities. For the moment, I can't find any suitable long...

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I just shorted AUDUSD. Why? becaue; Price is showing wickness on a strong resistance level. The fact that this resistance level influence price almost everytime encourage me to short without waiting for any other confirmation signal. Meanwhile, I placed my SL too far for the price to hace enough space to breathe. It might be a bad idea to go short if we look at...

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Hello guys, What do you think about this wave analysis? It seems we are on the beginning of the 3rd wave hear (the biggest move according to Elliot). ABC retracement is completed between 0.382 and 0.5 fib retracement levels. We can see the pair gaining more volume on 0.5 fib level with the huge bullish candlestick. Even though I am already long on this trade (see...

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As you can see, today's candle is engulfind yesterday candle in a bullish manner. You can wait for the end of the day to confirm if the candle will remain bullish engulfing or like me go long and get out of the chart.