Looking like we could be forming a sell setup here - i would be looking to see if price can pull back to the Resistance zone and from there see if we get the sells
looking for a pullback on USDJPY then looking for sell setups on the smaller time frame. if price can hold the 110.000 - 110.500 area we could possibly see downside from there.
Hi guys, I share with you my technical setup for AUDNZD for the next days. The chart speaks by itself. If you find it useful please hit the like/follow button and leave a comment :) Happy trading!
Hi guys, I share with you my technical setup for AUDUSD for the next days. The chart speaks by itself. If you find it useful please hit the like/follow button and leave a comment :) Happy trading!
Hi guys, I share with you my technical setup for AUDJPY for the next days. The chart speaks by itself. If you find it useful please hit the like/follow button and leave a comment :) Happy trading!
Waiting for a possible triple test on the major resistance. This is also the 50% retracement line. We also see a bearish flag which is another good short indicator. Should the third retest happen close to the daily bearish trend line, I'll short immediately on the retest , otherwise i'll be waiting for break out on the 4H bullish trendline. For now we watch...
Looks like USDCAD is respecting a strong resistance, all indication of a drop, if the bearish momentum is strong enough we can see it continue to drop. Cheers to those who take it !
Very strong resistance area where price is likely to reject and drop off. Falling wedge pattern perfectly underneath that level. See if price respects the price level and look for a further move to the downside when it does that.
On the longer term, price did break / about to break the downtrendline. On the shorter term, we see price narrowing on the 1H chart after that quite significant move up. With the NON FARM PAYROLLS (NFP) on the agenda this afternoon this might push it up or down. This means we might not me able to trade this because of the volatility. Personally expect price...
Looking like a falling wedge pattern leading to support between $1.6 & $1.7, and that's where the buy zone is going to be in this trade. RSI is showing bullish divergence on the 4h chart, I think it is likely we see another low here before we breakout from the pattern. Favourable Risk to Reward here Entry: @ $1.68 - $1.61 Stop-Loss: @ -8% TP1: @ $1.96, TP2: @...
Steap move up and with 1 hour left until the US stock market opens it's quite likely to see a break to the up or downside now. Break above 710, target towards 830. Break below 600, target towards 500
Break of the 7720 level can get us in the trade. Target area should be somewhere in the fib zone, difficulty with this setup is that the resistance is a quite wide zone as this is our target. Setup is off the table when it breaks below 7690.
You don't see this really often, but is still a signal that price is about to go down. Now ranging between 560-575, looking for a break to the downside. If price goes above 589.5, setup is not valid anymore. If price goes below 560, aim for 550, and if it reaches that level and breaks, aim for 540 Also interesting: More crypto's are showing the same kind of...
My outlook from yesterday is still valid, and this are the possible scenario's for now: > Price will test the 1.16 area in the EU session, drop or continue higher. > In case of continuation, price will aim for 16.4/16.5 area and test this in the US session. > In case of rejection, price will fall down again towards 1.15 level and test that again later.
Heres a weekly chart for FOREXCOM:EURUSD See you all next year!
Fibonacci levels matching up the visible retracements/rejections of the bull trend perfectly. Looking for a continuation up, to at least the all time highs.
If you're trading crypto's, looks like this is POTENTIALLY one of the best times to buy them, because they look to be massively oversold. There are signals of price finding support now; Targets up to 1.00 If it goes under 0.43, structure is broken