POSITIONAL LONG EIHOTELEI HOTEL ACTUALLY HAD A GREAT RUN FROM 102 LEVELS. AFTER THAT THERE HAS BEEN IN A CONSOLIDATION OR RANGEBOUND PHASE IN THE PAST MONTH OR SO. TODAY IT BROKE OUT WITH VOLUME IF YOU SEE THE CHART. RSI IS ALL SET TO GO ABOVE 70.
IM BUYING AT CURRENT LEVELS OF 139.70-140 AND ABOVE WITH A STOP OF AROUND 130 LEVELS.
TARGET WILL BE ABOVE 170 LEVELS . IL BE TRAILING MY STOPS AS THE STOCK GOES UP.
Breakouttrade
Target almost hit! => +400 PipsAs advised 23/03. breakout out of Feb low price resulted in a sell of right towards the massive support area 107 - 106. Only 1/2 position invested as price never retraced to the 2nd entry. Prepared to take of position at 107.5 and look for long short term entries.
Another +250 Pips potentially to be earned on the pullback out of the above mentioned support area
Potential bullish movement- USDJPYPotential double-bottom pattern. If price stops at the minimum of today we will have some potential bullish movement till the first resistance. Then, if this resistance is broken , the double-bottom pattern will be confirmed and bullish movement will appear till the 4h resistance.
NZD/USD 4HR, NEUTRALHi Traders,
NZD/USD PAIR CONSOLIDATING WITHING THE TREND LINES.
Once the price breaks above or below the specified trend lines we can have a direction as to where the market can potentially go to. If we break the Resistance Trend Line the pair will find the next resistance at 0.7044 and if the market decides to go bearish and breaks the Support Trend line, the price will find support at 0.6884.
Good luck.
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USDJPY - Long opportunity06/04/2017 - FX:USDJPY
Daily
The Bullish wedge is signalling a high probability rally. With NFP looming tomorrow there will definitely be some momentum that could potentially strengthen the greenback.
4hr
The 4hr or 1hr timeframe might signal the opportunity to go long and provide a worthwhile Risk to Reward on a break and test. We are trading above 110.00 which has held firm and is another confluence that supports this idea.
There are more confluences and correlations that support this idea that I haven't mentioned.
EURUSD SHORTPrice appears to be in a downtrend for the foreseeable future. Price has declined since a bearish pin bar formed off the 200sma in my bearish zone on the daily tf. Price also most recently broke minor support on the daily tf. Hoping for a retest and continuation to get in short to next daily minor support.
BREAKOUT IN EURCAD - 1H CHARTHey Traders,
Hope you had a great weekend. We have an opportunity to sell soon in EURCAD.
As soon as we get the breakout look for any flag to sell for a pontential bearish impulse.
Keep an eye on it.
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Hey Traders,
Espero que hayáis tenido un buen fin de semana. Pronto tenemos una gran oportunidad de venta en EURCAD.
Así como se produzca la ruptura de la tendencia buscad cualquier bandera de venta para entrar en un impulso bajista potencial.
Id echándole un ojo.
15' EURUSD Bull Flag BreakoutFX_IDC:EURUSD
The 15' Bull Flag was just confirmed by price, with precise touchs to the line.
Due to the recent uptrend move, this trade has a great R:R of over 1:3, and it's on the trend side.
The 100% Fibo projection is exactly at the major daily resistance, but as a day trade it's reasonable to take profit a little earlier.