USOIL met a big resistance at upper line of the decline channel and was rejected back yesterday. It forms a nice short setup if it breaks down the sharp rising channel.
Good luck for everyone!
No confirmation, no trading!
Notes: if it breaks out of the decline channel, this setup will be invalid!
Price action took it's 3rd bounce and failed break of the bearish trend line thus validating it.
Watch for a break of the lower trend line to confirm a bearish move to fresh lows.
Here is my trading setup for KO. I am using a trend based strategy so I will update this idea when I have a sell signal, I do expect this stock to bounce. Again guys these charts are just ideas or a guide for you to learn or follow from if you agree with me, I am not recommending anything or selling any signals.
By AGI Studies >>> USD downward composed and checked for the red cross Franco against USD , which stores the session down 1.18% on the previous values.
Clearly deteriorating technical picture with control media estimated at 0.9612 area. On the upside, however, a polarizing layer further outflows seen at 0.9842 level. The deterioration of the Swiss franc against...
By Investing.com >>> AUD/USD held steady at 0.7615, the highest since July 15.
Data earlier showed that China’s official manufacturing purchasing managers’ index ticked down to 49.9 in July from 50.0 the previous month, compared to expectations for an unchanged reading.
However, the Caixin manufacturing PMI rose to 50.6 last month from 48.6 in June, compared to...
NZDCAD is on the way up to get down after, too early too sell but too late to buy!
I will be saying selling at 0.94500 and Ill take profit at 0.93500 (100PIPS)
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I will also make sure to answer every comments below!
Here is my trading setup guys, I do expect it to move down to possibly 181 but I will sell my trade for a loss if it breaks the resistance level shown in the chart.
I will update this idea when there's something to show so be sure to check that out.
I have been chasing Illusive HS pattern on 4hr and daily but finally it broke out upside from triangle. My first target is $3.101. Month ago , many were bearish on the chart suggesting topping but I was foolishly long and I dared not to publish idea but commented on chartwatchers (Nice Chap) short idea. eventually I found my target then.
Happy weekends
Hi guys
Here we have a very nice set up with low risk. The last wave on both eliote wave set up are starting soon. We are on a big support and we just touched the trend line. Don't miss this one.
Good luck :)
Is what it is: the indicator, the time or the perception of things which gives price developments?
I say time is central to the perception of things and it gives the price.
Each onto his flag and his time horizon for its trading and yet I remain convinced that the evolution of prices is built day by day because every day is a new day and a friend said a daily...
I see a lot of RESPECTED TRENDLINE and DOUBLE BOTTOM, so i just bought
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I have a SELL LIMIT on the 4HR RESISTANCE LEVEl and on DAILY TRENDLINE ALSO (JUST IN CASE)
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GBPUSD just broke a GOOD TRENDLINE, so we are heading down, I won't be looking to get any SELL but I will be on that STRONG BUY =)
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A quick setup for AUDUSD on 1 Hour Heikin Ashi Chart...
What Nawab says? (Our Contributor)
AUD fell 1% low after central bank meeting move an open door for a move in August, though Australia is still recovering from major drop in commodity prices, and additionally the employment rate in Australia is stabilize...
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We are back with all in all USDJPY Potential Updated Scratch Setup 7/18/2016 On 1 Hour Heikin Ashi Chart
What Nawab says? (Our Contributor)
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GLOBAL MARKETS-U.S. stocks hover near record highs, oil falls and also Japanese Yen fell after the failed Turkey Coup. USD rose above JPY currently.
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