WAITING FOR CONFORMATION MARKET FORMED A 4H DOUBLE TOP & WAITING FOR CONFORMATION OF TREND BREAK TO TAKE SHORT . ..... LOOKING FOR A 90-110 PIP DROP HOPING FOR A BREAK IN DAILY SUPPORT .
Break
Sell after support break.There is a well defined support and resistance zone from 115.50 to 112.00.
The USDJPY printed a strong bearish candle with its close price well below that zone. So, a move towards the 108.00 is possible, however the pair may find some buying pressure/take profit around 110.00.
I entered this trade at 110.88, stop at 112.50, take profit at 108.50.
A close above the 112.00 will negate this view.
USDJPY Short*IDEA
CCI possible future trend break, keeping a close eye on it... possible future update...
USOIL IDEAPrice is in channel
expecting price to touch trendline once more
upper break may equal in further upper movement
bounce will indicate downward movement to the other TL.
AMAZON: Short set-upAmazon is close to key support at 950. If it breaks it triggers a near-term short as per comment
NZD/USD broken consolidationthe pair has retraced back up to resistance, looking for confirmations for shorts
[EURJPY]Buy Trading StrategyIf the trend-line breaks, I am looking for short term sell points.
In Swing traders view, 2-3 buy limit orders are placed in key levels.
GOLD FOLLOW UPRetest area is where I think it will go u to
from there, looking for entry signals seems good
GBPNZD DOUBLE TOP SHORTPrice formed double top at weekly level,
good break and possible retest good to enter short.
GOLD BREAK OR BOUNCEPrice is in rising channel and potentially making a new HL
break of channel is a good short indicator, bounce strengthens the trendline and price should go up further
Cac 40 Index on a knife-edge hereCac 40 index is sitting on a knife-edge here waiting for positive news from FOMC presser. Not quite as positive as the Dax but they are both going to move in same direction when it comes. Get ready to go long on a move above 5310 if we see it for rally to 5744 to begin with, then 5865
