Life or Death?We are in a fighting pit! A Death Cross is on its way or will we escape it? Battle into sunny pastures with bulls all around or enter a long dark night with bears in every corner?
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USDJPY: Potential Bat Pattern | Key ResistanceThe USDJPY moves sideways last few weeks and getting close to structure high at 107.81, that acts as a resistance level. The market respected that level multiple times (red arrows) and it more likely that it will do it again. If the price goes up it will form a bat pattern, which will increase the probability of this trading setup. The entry point is 88.6% of AD Leg.
T1 – 38.2%
T2- 61.8%
STOXX 50! GOING LONG?!Going long on ''STOXX 50''
If prices break through our key level at 3475.0, we could see a bullish run up to highs of 3575.0/3625.0.
A solid break through our key level, will indicate to me that our targets aren't far-fetched and actually could be attained. Also we could get an opportunity to short this for the equivalent appreciation, which is really good!
VTC/BTC breakout of the triangle... potential uptrend starting!Hello traders!
After a long 50 days or even more we finally saw a first canddle closing above DEMA 50. Now we can see a crossover of TEMA and a nice bullish STOCH and RSI on 4h.
We saw a nice breakout from a triangle that was ''generating tempo'' for a long time now.
The only thing bearish right now is STOCH on daily but that should be fixed with a bit of a straight movment market since the 0.382 Fibb and 50dema are too strong to break on downtrend in my opinion.
A.J.
BCPT looking very bullish (possible +50% profit)BCPT has been going up and up recently and now that it hit its downfall it built up a falling wedge which means that it could be going up by a lot. Follow the instructions and make sure to cash in NOW!
$CNO New Highsbreaking out and closing at new 50 day highs with strong volume
breaking out of range on the weekly
GILD bounces from all-time low since year 2014. A BUY.1. Fundamental = Buy.
2. Technical = Buy.
3. News/Rumors = Buy.
EURUSD Possilble Gap Close50% Fib level , 1.1000 key level , 3rd trendline bounce
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French Elections = RIP or Drip
/Raul
Significant level reachedThis pair is on a downtrend and it has just hit a horizontal significant level at 137.663. Either a slight bounce up to the previous high, however a triangle formation indicates that it might break lower past the significant level. RSI looks to be on a downtrend towards the 30.
USDJPY 1 Hr Chart Long The reason for this trade i beleive the current Rally in oil we are seeing today is due to API numbers telling us there is a drawdown in oil this week in the US, which is significant news as oil supply is at record high, this will cause the US markets to rally as they have a large amount of oil companies on the exchange, in turn that strenghtens the dollar against the yen, the yen is considered a safe haven when the US markets are falling.
USDCHF target +50 pip tradeI developed a strategy called the Rabbit Trail Trading Strategy and This USDCHF trade is following it nicely. Hoping to reach my target of +50 pips!
Crude Oil looking for direction.Crude oil is looking for direction and is in a trading range at this time between 50.00 and 43.00. The 50% retracement of the 2016 long leg seems to be holding for now. It is possible if that price holds that we see the yearly high again at the least. However, price could power through the 50% level and move to the 70% level just under 40.00. At this time it is hard to get a good understanding of direction...it is best to stay "neutral" and take conservative profits until a better understanding of direction can be clearly understood.
POTENTIAL FIBONACCI RETRACEMENT HOLDWe have a nice strong channel from the 29.2.2016 and the price just touch the it. The demand zone with 50 % fib retracement can hold, and push price back to supply zone at 1.47000. So we can see the nice forming HH ( higher high ) and HL ( higher low ) formation. This we use to find a potential trend reversal.
Have a nice week !
OIL is about to hit the SUPPORT , BUYERS are you READY=))Correction begun at 51.50 - You could go long again after 49.60 . TP around 50.50 :)
MM89
It looks like CRUDEOIL will be between 50-53 this week! FINALLYThe uptrend continues since CRUDE hit 30s. It looks like there is nothing much to keep it lower than 50 this week. Maybe even 53+
Best position would be to go long around 48.50 and TP around 51 but that may be risky. Your call :)
Good luck.
LIKEs and FOLLOWs are appreciated.
Thanks!
Weekly nice RR alert. 1.Daily MACD hidden divergence and zoomed to H4 MACD hidden divergence.
2. HH, HL formation.
3. RSI is Overbought.
4. 50% Fibonacci Retracement.
5. Strong daily resistance zone.
4HR EMA TRADING STRATEGY In this example I show you one of the ways I use to trade in a 4hr timeframe.
The idea is to first wait for ema cross, and then wait for at least 2 retracements, after retracement, open a position and place sl below or above the previous retracement depending on your position.
The only downside to this strategy is you might miss a lot of other trading opportunities waiting for the retracements.
Let me know what you think.
