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USDJPY long ideaHello everyone, i will be posting here my ideas, so i can keep track of them. Why i dont publish in private? Because i am open to any suggestion, so if anyone wants to tell me something about the idea i published, i will be glad to read what he or she has to tell me ! In this case i am posting the pair usdjpy, which seems to be on a corrective structure. On the 1H chart there is a clear impulse up (arrow) followed by a correction, so buying when the trendline is broken should be a good idea. I will stop looking for buy setups when price goes below previous low of the impulse up.
Long
by Akkard
4
Opening week sell possibility 2 - GBP/USD2. GBP/USD Recently, resistance has been eye-catching on GBP/USD in the 1.5660 area where price closed off of last week not only rejecting this price proximity but also warding off trend line support that price action broke through in the last week of August. This duo of resistance proposes a price movement to the downside over the coming days. entry - below low of bearish bar stop loss - above high of bearish bar target - at previous support levels/lows
Short
by amanpaulbhogal
Outlook for next months--- Please readjust the scaling so that the spiral sits just above recent price action --- We are still in the process of consolidation. In my opinion, the recent drop should not be interpreted as a meaningfull breakdown. It's still within the acceptable range. Price bounced of the longest possible MA at 222 (using Bitstamp due to good historic data). A break (not pierce!) of the red upsloping line would give a clear sell signal with targets in the OTE buy zone 186-200. Also consider the yellow trendline crossing the OTE zone. A buying signal is a bit more complex so I subdivided it into 3 signals: 1. Buy : cross of red spiral and no new lows after that. 2. Buy : break of green trend line and holding the 231 level. 3. Buy : break of red log dowtrend line + breaking & holding of strong resistance at 260 for more confirmation The target depends on how long you would you like to stick to your longs. I would close all longs at 340 - 375 levels max. Good luck ! : ]
BITSTAMP:BTCUSDLong
by MagnusTradingGroup
12
Anticipatory layout with important trend lines, levels, timefibsWe might be cought in sideways within the red channel for another 20 days. I look at the Willy or MAGNUS™ indicator and compare it to a similar situation we had a couple months ago. The yellow box had some rangebound action in it with a little breakdown in the middle ( just like we had it now ). The question is what will happen after the yellow box? The red box like last time? Then we will definitelly see 280 again. Or if 320 holds (looks like some strong demand is sitting there), we'll see another pump like seen in the last green box ! Also check out the time fib analysis : 0.382 & 0.618 were important points in time, so 1 will probably be important too! Likely a major low/high in price. The target for a bullish move is the thick blue dashed line, which is this years top resistance trend line. You can expect sellers there.
BITSTAMP:BTCUSD
by MagnusTradingGroup
2
CADJPY Up Fork Continuation?The CAD continues being one of the strongest currencies, whereas the JPY is rather neutral. So let's see, if this pair can break through the 97.7 resistance and get to 98, and potentially even to the median line. Unless price breaks directly through the bear trend line, we should expect a bounce off the lower median line parallel, which may occur somewhere in the 97's. I think the buyers haven't given up on this pair yet and the demand is going to pick up again soon. ----------- Disclaimer: There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell. Rather, you should use the information only as a starting point for doing additional independent research, your own due diligence, in order to allow you to form your own opinion regarding trading decisions. No assumption should be made in relation to the performance or accuracy of the methods shown. No claims are made as to the success or profitability of any of my posts.
Long
by ForceFollower
Go AheadA linha do histograma macd= linha macd - linha sinal apresenta tendencia de alta, a linhas de suporte de baixa e de alta , em vermelho representando os momentos de baixa e as verdes representando os momentos de alta , mostram uma leve discrepancia, um angulo diferencial, das 2 linha verde, um que acusam um tendencia de alta. The online macd histogram macd = line - trend line signal is high, the support lines of low and high, red representing low moments and green representing the moments of high, show a slight discrepancy, a differential angle ,red lines and green line , who suffers from a tendency to high.
Short
by CMachado_Jr
Palladium / USD - Looking very BullishPalladium / USD - is looking very bullish. Four Tentative Up Trendlines. The last most accelerated Tentative Up Trendline is pushing the price up fast. Two Resistance lines ahead. If the price is not breaking the 4th most accelerated Tentative Up Trendline and it gets to the Resistance Lines, price may get exhausted. If you are Long, taking some profits at the Resistance Lines is not a bad idea. If you want to Short it, Limit Sell order at Resistance Line Levels, stop loss above the second highest Resistance Line, take profit at 790.
XLong
by Justin_Top