I just sold NZDCAD because it got in the first REVERSAL ZONE! if its breaking out this zone it will go ahead to the REVERSAL ZONE 2 around 0.95150-0.95400, so i have a SELL LIMIT at 0.95150 -- Make sure to FOLLOW and LIKE for more CHARTS IDEAS =)
I see two potential pattern fighting each other. its Inverted scallop vs potential handle to cup who will win !? you decide. ! Happy Trading
Potential big move to the upside coming Must break this structure level and establish it as a new support level
REN has been running for a long time ago, I made money today shorting into the resistance in the morning, so if this can gap up and shoot into the 19.50's level then I can short, tight stop though because if it keeps breaking up past 19.50's then it can easily run to 20's which I can enter for my second short.
This setup is looking pretty clear , we have an impulse to the downside, it was correcting until now making an ABC correction now it looks like it wants to break to the downside for the next impulse which will be likely to hit 111.70 area.I'll be looking to sell this after a sell setup appears on lower timeframes. Trade your plan
Fundamental by Nawab: USD/JPY: USD retail sales failed to get the strong hold, whereas JPY Industrial production rose to 2.3%, JPY GDP price index rose to 0.8%. Market favours Strong Sell
Another signal in my trend based strategy for this stock to move to the upside also a strong support level. I will update this idea when something new comes up.
Another signal in my trend based strategy for this stock to move to the upside also a strong support level. I will update this idea when something new comes up.
I have a tight stop loss set at 18600 and I'm expecting to collect profit at the next support level unless it breaks through I would re-analyze.
Watching this as it goes through this small channel. Highlighted between 1.31800 and 1.29996, looking to set up a nice short trade.