Invariably the case on the completion of a triangle I am expecting dramatic drop from here pretty soon.
Missed this one earlier but still in a good position for a short term buy.
GBPCHF is sitting on important daily,weekly and monthly levels and there is potential for a reversal from here if the structure holds providing a very good RR for a long trade, tomorrow we have the British GDP coming up and that may just bring the key reversal from here. Please trade these kinds of setups if you have the proper strategy. Wish you all a very...
Why wait now? Run the final wave of the ending diagonal all the way upto 1.55, that's almost 800 pips, the risk to reward ratio is paramount, I am already on this trade on the very bottom and adding more now.
Looking for the opportunity to go long on the pair once it hits the entry zone highlighted.
EURAUD is consolidating on the daily chart and developing bearish divergence with a breakout looking imminent, I am expecting a breakout to the down side to sell the pair with an initial target of around 400 pips.
Wishing the trading view staff and all the wonderful traders here a very Happy New Year!
Do we have a weekly triangle that's complete and turning down signalling more downside for gold or am I forcing one out of the woodwork? If so that's a lot of downside!
This count expects that minor wave 2 is unfolding as an expanded flat correction labeled waves a, b and c with waves a and b complete and wave c unfolding to the upside.
This count expects the euro to edge up higher in minute wave c to complete minor wave 4 and then resume down. This count would be invalidated by movement above 1.1099 which would see minor wave 4 violating price territory of minor wave 1 and by movement below 1.0544 as minute wave b of this zigzag may not move beyond the origin of minute wave a.
On Friday we saw a sharp reversal from the lows and it's looking like we have more upside potential for now possible to grab a 100 pips or so in this setup.
Expecting a bounce from here to target 61.8% of the fall from highs of July 2014.
Perhaps a bit late but still can grab a quick pips on this trade, if the movement is fast close to 100 pips possible.
EURJPY is getting rejected at the weekly/daily trend line resistance and is in a favorable position for a short with RR 1:1 as an initial target
Interesting level in cable, this may be a good opportunity to go short right now into next week. Excellent RR.