D1
Usdjpy buyNei giorni passati abbiamo assistito ad una rottura a rialzo della trendline, oggi c'è stato il retest della trend, quindi possiamo provare a comprare questa coppia con uno stop relativamente stretto rispetto ai possibili take profit, rispettivamente di TP1: 114.28 e TP2: 117.64.
#enjoyyourtrading
EURCAD SYMMETRICAL TRIANGLE, BROADENING WEDGE, MOVING AVGEURCAD D1
Symmetrical Triangle, break out either direction
Broadening Wedge Inside Triangle which usually Sells Off 55% (Bulkowski )
100 and 200 ma crossing suggests Down Trend
Right now price is stymied by 100ma on WK Volume needed to push lower.
Price resistance above by 50 ma. Volume needed to move lower.
Historically in downtrends price remains below 50ma giving more rise to short bias.
Sell Signal: When Daily closes outside of trendline on triangle.
I believe this price action is representative of the weekly changing trend direction
and creating a new channel. Hence, the broadening wedge.
She's most likely a sell at the appropriate time
USDJPY 1DDisclaimer: This post is not a trade signal.
Trading Forex is highly speculative and carries a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary.
XAUUSD GOLD D1XAUUSD GOLD D1
Disclaimer: This post is not a trade signal.
Trading Forex is highly speculative and carries a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary.
NZDUSD M240 - possible Doubletop at D1 ResistanceNZDUSD builds a Doubletop at a D1 resistance with an overbought RSI on the left high. For further confirmations I'll wait for a close/break of the Doubletop's neckline. Furthermore the price (M240) rised within a channel. The break of the neckline correlates with a breakout of this channel. I think this could be a good short opportunity on this pair =)
EURCHF H4 Weak Potential Bullish Set-up with Ascending WedgeEURCHF Ascending Broadening Wedge, Fanning of Moving Averages
Ascending Broading Wedge is low on probabilities of bullish reversal, but it does happen and has historically with this pair.
However, the price action typically moves down further as a false sell off before a reversal.
Bulkowski
The confluence of the fanning of the moving averages is also historical and a good indicator of a potential trend reversal.
The RSI is not totally clear.
MACD is rolling downward.
D1 is due for a retracement and already attempting, but daily pinbar shows heavy bearish.
Fundamentals might get in the way! (Brexit)
Be patient with this one. Look for a 4h candle close above the 50ma. Even then ...