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Higherhigh

Time for a shoot up to the upside (Higher high)??Price pulled back & made a higher low, watch for price close above daily resistance 1.1750.. On daily time frame looks like a hammer candle is forming showing price may be ready to shoot to the upside & make a new higher high! Hopefully we see the dollar lose more strength as expectations where not met to strengthen it this week.. Still in a solid uptrend I would be careful if your looking to short this pair! : ) Trade with care !
Long
by Profound_Ambition
GBPUSD DAILYPrice making higher highs & higher lows. Nothing indicating a trend reversal price came down to 61 8 zone / Daily support and respected it. I expect the US dollar will get weaker as well & am looking for a higher high to form @134.50 zone. Nice setup here entered long with a small entry for now & will be adding more on the way! possible 500 pip trade here will be watching closely : ) Drop a like & comment if you agree or have any comments to add! Thanks! Trade with care!!
Long
by Profound_Ambition
JPY losing steam, EUR getting strongerHey traders, here is the setup I am watching this week. After watching the JPY surge, and now seeing the EUR start to gain some momentum, I decided to put these two currencies together to see what happens this week. As you can see, we have some divergence in the MACD, as well as a higher-high and higher-low, which is great confirmation that price may go higher, combined with the strong versus weak analysis. I'll be placing my stop at 119.5, and my take profit at 122.0, a nice key level that price has hit recently without any trouble. This trade gives me a nice 2.6 to 1 reward to risk ratio. As always, plan your trades and trade your plan!
Long
by ImproveYourTrades
CL1!: Crude Oil WTI making the first higher high in yr2016 Crude Oil ------------------------------------------------ # Trend reversal signal appeared. # Break above previous high at $35 (But with low trading volume) # A minor pull back from $38 to $34 - $35 considered as healthy phenomena. Note: Commodities based on demand-supply. Price wont go far high unless world oil producers willing to negotiate. # Next major event that will cause high volatility is coming OPEC Meeting.
NYMEX:CL1!
by ryanchai