I am looking to buy the index at the prevailing levels. The bears have failed to break 92 and i am anticipating a strong statement from the bulls regarding that failure.. .
SL : 91.993
TP : 93.990
R : 4
I am going to try to flip this trade and rotate it to a long and possibly get 2R. We reached a very strong support zone which has a monthly kijun/tenkan fused as one level. This should give us good buy orders for a retracement of the downturn we had.I will target the daily tenkan.
SL : 1.05045
TP : 1.05990
R : 2.17
Good trade we had here. . . Took my 1st TP @ R-2.02 and the 2nd missed TP (R-3.85) by literally just 1 pip!!. . . .But we took what the market gave us and closed it manually. Now we want to flip it and scalp off some R on the counter-trend!
A reentry is possible at this level. I expect a pullback to the tenkan zone. So ild put my sell limit order just below this zone to ensure i get tapped in the trade. The outlook is still bearish and target remains the weekly kijun zone.
SL : 3.016
TP : 2.508
R : 3.06
Price went to the grey zone as i anticipated and it gave me a rejection albeit not the kind of rejection i wanted but that will suffice. So i will enter 2 small positions in anticipation of the move up. There is strong resistance above at the 0.9150 zone which has the downward trend line in conjunction with the daily SSB/weekly tenkan. This means we should get a...
I am still bullish this pair. I am looking for that impulsive move towards 1.0850 and possibly 1.0890. This week could be it but price should probably go down that daily SSB support zone and get orders to then catapult up. So game-plan is to to wait and watch price,if we go down to SSB and get good rejection on 4H then its game on with targets 1.0850 and 1.0890
The weekly presents us with a reverse head and shoulders looking formation. This usually signals a change of trend in this case from bearish to bullish.With that as a base i am looking for any potential longs for this pair. The daily has a conflicting structure because price is under the kijun. This means i will only enter when the daily is aligned with my bullish...
Price just cant seem to close above the 53 000 level on higher time frames and it has tried numerous times. When price tries something and fails multiple times it will often go the opposite. So i am taking a short on this index on the 1h time frame. Here price is already trading under the Kijun,which is above the tenkan (bearish signal). The cloud is thick so it...
There is a clear change of character of price on Natural gas on the daily from bullish to bearish. There is a bearish head and shoulders formation with the neckline around the grey zone. So my entry would be to sell the break of that neckline with a sell stop with my target around the Weekly kijun.
Sell Stop entry: 2.916
Stop Loss : 3.031
Take Profit ...
Just like the USDCHF i want to see price come down further to the Daiyly kijun zone which is the 50% Fib retracement zone as well. From there i zoom down to the H4 and look for a good rejection and change in character (from bearish to bullish ) and get in. The blue zone is my target!
I am looking for a continuation of last weeks bullish thrust. I want to see price getting good rejection at one of those two grey zones ON THE h4. When that happens i buy and target the levels shown. Ultimate target being 0.9300
The 91.80 to 92.00 zone (blue) is a very important zone. Its an SSB for on the montly and is also the last zone we saw strong buyers on 1 September. If these buyers are still willing to defend this territory we could witness a dollar bounce and reversal of losses. We look for bullish signals on 4H and Daily and enter with a 93.00 target.
This pair is interesting because when we look on the monthly we observe a very strong Kiwi since September. In October price literally sliced through the weekly SSB,which is a strong level. This past week price went up again and tested the SSB with rejection (Friday's daily red candle was the rejection). If we go to the weekly the kijun is above the tenkan...
We had a very strong week on this pair. I expect the bullish momentum to continue all the way to 0.6600 and even 0.6700. However i would want price to first retreat to the daily tekan/kijun zone (yellow). Once we are there we can zoom in on the 4h and look for commencement of bullish momentum and enter the trade. The blue zone mark the expected target zones.
No need for alarm on the crimson day. It looks like it was just a 0.5 Fib testing and we seem to be done with that and i should expect resumption of bullish momentum.
SL : 93.166
TP : 94.962
R: : 3.4