gbpaudGBPAUD short, making double top on daily / weekly retest of trend line / dynamic support ( 200 ema ) expected
Academy
CadChfCadChf possible forming a inverted head and shoulder on weekly,
on daily large bearish engulfing sets the tone for the first move down and I'm aiming for 0.73343 for the end of the right shoulder
CadJPYPerfect rejection on daily for the 61.8 fib.
I expect CJ to go down and retest the monthly low of Feb., possibly a break of the monthly low since it is on downtrend.
Ill be looking on shorts for CJ.
Cadchf10-02
I expect Cadchf go go north again.
On monthly there is a large bullish engulfing, and I expect price to restest structure as we can see here on the 4h chart.
I have a pending @
1) 0.75170
2) 0.74724
TP @ 0.77644 (244 pips )
Sl @ 0.74590 ( 58 & 13 pips )
Seems Sellers have to sign the trend first (read bellow)Seems Sellers have to sign the trend first, before buyers kick in. The thing is that we are in buyers trend, but my all time I'm more focus on psychology from both parties. I make my decision for quick and very good profitable trades, but for even more I have to see what's going on with mentality on market, then we can hit even more profit or get in with even more times.
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Martin Mohar
GBPJPYTrending down, still waiting for the retest of structure, was rejected once, but price cam back strong,
I have 2 pendings with 2 tp's
Pending sell limit
Entry @145.388
TP 1 @ 141.5
TP 2 @ 139.5
SL @ 146.169
GBPCAD - uptrend channelGCAD is channeling bullish, it hits the resistance at 1.73225, which is a quite strong resistance, I expect price to retrace towards 1.70500 area ( half quarter ) before going Long again making a new HH, and breaking resistance and turning it into support.
Look for short eurgbp?Here is your entering point and set trade position. I'm looking this trade example for 1h chart for a first target.
Our second target can be on the next bottom line (supportical resistance). Don't take second target for sure, because it depends on behaviour bias.
I will just chill untill we reached first target and then take make a new analysis for myself what happens next.
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CAD/JPY H&SCAD/ JPY
H&S on weekly. / daily
it might be headed towards the 2009 low
possible 1000 pip move
Very important pattern on EURUSDFollow to this triangle, I think th pattern will be crossed today on US session. I will give signal..
Head and Sholders on EURUSDThe pattern gives us Sell signal, lets wait of crossing the horizontal line
EUR USD - Back to the beginning EUR price against USD dropped back to 1.1325-1.1335, where we started this week, now I commander you listed to this incredible smooth jazz for traders and start the day tomorrow.
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lets see the news from Brexit and Asia session.
Good night
The end of pattern Triangle I recommend to close your profit and wait for US session, also we have some important news from UK, about Braxit. Later today I will explain more ...
USDJPY ShortUSD/JPY is responding to a key level of resistance. As the DXY start to reverse, I expect UJ to follow. I believe this could help UJ drop back to the 109's
Big ShortI believe Bitcoin is about to take quite a dip. A double top has formed and price is now fighting it's way back up into strong supply zones which will ultimately force it lower. The 50sma is nearing the 200sma, which will soon form a Death-cross. Unfortunately there is no real demand below and I believe price will fall to around 6000.
BTCUSD Supply ZoneA nice "drop - base - drop" has established a clear supply zone here on the 2 hour chart. I believe price will enter the zone and then immediately move lower as the sellers regain control.
AAPL Nearing Demand ZoneApple's correction is weighing heavily on the drop in the indices this week. A few demand zones on the 1hr chart have already been chopped up by the momentum of this move, but let's see what happens if price enters this nice strong demand zone around $162.20.
AVGO Nearing Demand ZoneNice fresh demand zone here on the 60min chart. Cautious about AVGO being in a strong down trend on higher time frames though. This move offers about a 7:1 reward to risk so I'm still interested with a slightly smaller position size.
Confidence in the semi-conductor industry thanks to the blockchain boom, regardless of whether this zone holds or not. Let's see what happens!
DKS in EquilibriumAwesome opportunity to go long here if DKS pulls back to the LTF Demand Zone. Yellow line indicates where price fell from after poor Q3 '17 earnings (no real supply here). If price breaks the line, I believe it will continue right on up to the LTF Supply Zone, making for another great opportunity to join this strong up- trend.
Duke Energy at Demand ZoneExplosive move away from this price back in mid Feb 2017, expecting Duke to rally up and out of this level quickly.
Demand Zone for LTCUSDI believe their may have been some institutional buying of Litecoin between $240 - $255. The zone is no longer fresh but has only been tested once, with price rapidly leaving the zone. I'm a buyer at $255.
GE Approaching Demand ZoneDemand zone identified here on GE. I used the 5min chart to zero in my proximal and distal lines. The zone has already been eaten into once but I'm confident that there are plenty more orders down here waiting to be filled, given the speed at which price has left this zone. I'm a buyer at $17.51.
