Accordingly to the TD Sequential Setup Indicator we are almost there to SHORT it. Looking at 4h chart we might have 8 more hours until a 9th candle from Daily time frame syncs with 4 hour time frame. And then I expect to go down from 1 to 4 days. Take care and pick the sweet spot of reverse, because then we'll going up fast until hard-fork around 16h...
Looking for gj breakout to the downside of this correction !
USD/CAD is massively overbought on the RSI which indicated a selloff may be on its way, however i believe that this will give an opportunity to add more longs
NZDUSD Was looking for a minimum 100 pip rally from the low at 0.6818 but only got 65 or so before NZD came back down again...not much use. Am closing down the long position at around break even and looking to short NZD against USD once 0.6880 is broken on downside looking for 200 pips to 0.6688 intitial downside target with stops about 16 pips above entry...
Gold: XAUUSD Dollar weakness Monday has helped Gold to rally some. It should ideally rally a little further early Tuesday to 1281-1283 sell zone as DXY comes back to around 94 and then begins to rally strongly. Looking to short gold at 1281-1283 range if struck, with a stop above 1284, looking for a 20 point decline back to 1263-1260 at least if right and 3...
CAD/USD Monday's DXY weakness hasn't done much to help CAD rally...DXY should bottom Tuesday at either 94.28 or 93.99 (down a further 0.2 or 0.5% from here) at which point all the Dollar pairs should start to fall away again. Look to short CAD Tuesday as per short set-up on chart
IBEX Index: Woes over Catalonia haven't really damaged this index at all. Because it ain't going to happen. They have no currency. End of. Anyway, whatever happens there, charts don't lie (more than politicians anyway). This index has been making a classic 6 month continuation pattern before it bursts higher again. Don't want to get sucked in too early but that's...
Break of neckline for H+S pattern with 1-3-5 wave and a-b-c correction. #1 - Sell 1.165 - Buy 1.12 #2 - Buy 1.12 - Sell 1.165 #3 - Sell 1.165 - Buy 1.075 Any price action which invalidates patterns or structure void this trade. Indicators: MACD (5,70,14) RSI (14) Volume (1) On Balance Volume
Going long, two targets. Expect waiting time of 2-6 days
The USDCAD pair has been in an uptrend in the medium-term direction. Recently this pair has been retracing since the 6th of October. This retracement falls right into the round 1.2500 level, together with a 61.8% retracement off the impulsleg and a forming AB=CD pattern this creates a solid buy setup. Targets will be taken @1.2586 Stoploss beneath the entry...
Bullish dominant break spotted at GBP/JPY H4 chart, will enter long after retrace
Hello again guys... Here we have sell setup for NZDCAD Wish you good luck with your Scalping! ;) Check my other scalping ideas too.
Welcome back to " 100 scalp trade adventure " guys! Here we have sell setup... Sell from: 1.31009 Take profit: 1.30205 Stop loss: 1.31578 Good luck everyone ;)
HI Guys this trade setup is very potential So keep eye on it and look for sell the breakout.
Dash is trading nicely in A-B-C correction with triangle in B as we mentioned and projected in the last update, so it may decline beneath 300 before turn to the upside. Ideal support is between 275-295 levels and 50%-61,8% Fibo. retracement. Five waves up, broken channel resistance and three-wave correction are reasons for clear pattern, bullish view and also...
I noticed this fractal pattern beginning to occur shortly after the current all-time high around $5,000. Based on the previous top and pullback of ~21% and, roughly, a month period we should be expecting a large pop in the coming week or two with a run-up through October. The price should peak in late November. The chart shows around $8600 for a top but, it's...