AudUsd Double Top neckline retest/TL Break ZONE TO ZONE BABYNice double top here, NY choppy wick time, then shows sweet doji on 15m tf signaling the drop after the retest of neckline/last kiss on the double top
while the overall trend is bearish
pretty awesome RR for scalper to next zone, small pips to W or L but consistency is what matters most
another great confluence is the 15ema 200ema cross we see right as the entry doji we get right as NY markets are firing up
of course you could have held to double+ profits but you never really know what will happen.. hindsight 2020
side note thoughts/talking to myself:
i seemingly like to short and watch it fall rather going long as i tend to find myself shorting at least 65% of times, not sure why
London
GBPCAD: London Session Good Morning everyone,
We are looking at the intraday chart from GBPCAD, which shows us a nice divergence during the London Session start. After a bear cycle with two corrections (marked in yellow boxes) we entered a buy on the low. We expecting a nice rise during the session with a first correction after the trend line break. This is a short term trade.
Will be updating during the day!
DAX LONG!The DAX (Deutscher Aktienindex (German stock index)) is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. Prices are taken from the Xetra trading venue. According to Deutsche Börse, the operator of Xetra, DAX measures the performance of the Prime Standard’s 30 largest German companies in terms of order book volume and market capitalization. It is the equivalent of the FT 30 and the Dow Jones Industrial Average, and because of its small selection it does not necessarily represent the vitality of the economy as whole.
GBPUSD: Long Setup FormingGood Morning guys,
Looking at the GBPUSD on the 4h time frame we are currently in a bullish trend with the 2rd correction wave, marked in the yellow box, happening. The low of the box is the 0.61 fibonacci level and if price does not break this level with a straight confirmation this could be a nice +400 pips swing trade up to the next highs.
Lets start the week strong.
Gbp/Aud It's hitting 200 MA on weekly. Also intersecting pitchforks. I was waiting on price action. Looks like a sell. It may just be a london close for a running flat type structure if it wanted to extend up, possible very large sell. Eur/Aud right off 1.236 extension. Possible MASSIVE sells on those.
Long on GBP?? I think yes!I am placing a buy here with the bulls on GBPUSD because here after careful review, trend analysis and pattern recognition on the 1hr time frame for entry I have identified an opportunity to buy for the pair with confluences to match. Take a look at my analysis I would love your feedback. My trades a specifically for intra day trading I am completely out of the market by 5pm EST each day with my profit or loss taken.
How about going long on CHFJPY today to end the week?I am placing a buy here with the bulls on CHFJPY because here after careful review, trend analysis and pattern recognition on the 1hr time frame for entry I have identified an opportunity to buy for the CHFJPY pair with confluences to match. Take a look at my analysis I would love your feedback. My trades a specifically for intra day trading I am completely out of the market by 5pm EST each day with my profit or loss taken
Price Action On AU / BullishLooking at previous structure of price for AUD/USD I have marked on this chart
my higher highs, higher lows for previous bull trend as well as lower lows and lower highs for bear trends (D & 4H) with the rectangle blue boxes
January 15 2016 prices reached a low at 0.6829
deep re-tracement a few months later May 2015 20-June 02 Price retraced at 0.7163 never breaking the previous support
later that year price also retested that same support level in December 20 2016 - January 3 2017 then began its bullish trend again
Current - Price has rejected breaking a strong level of support 0.7328
waiting for a retest of the 0.7360 price before looking to go long on this trade
my bullish trend line is still valid
The London Housing Bubble, ChartedThis is the weekly chart of Savills PLC, real estate provider.
I rarely trade stocks, but sometimes I see an opportunity that piques my interest, because it a) has an interesting chart and b) fits into my fundamental world view.
In this case, I believe that housing is over-leveraged, and is 'affordable' only as a result of an artificially low interest rate environment. I especially believe this to be the case in London, which has been subject to an onerous property bubble, which will pop due to simple mean reversion, and Brexit fears.
SVS is my go-to vehicle for this trade. SVS has dropped like a stone form a multi-month consolidation, and it now coming into a support zone. A bounce is to be expected. A kiss of the prior consolidation support-turned-resistance would be textbook. I expect a rejection there, or lower, providing a continuation and measured move to long-term support.
I am short, and will look to add on a multi-week high.
The price of Bitcoin (€) might get uptrend in daily timeframeActually, the price of the Bitcoin (in Euro) is about to get over the 4-hour timeframe Ichimoku Cloud.
€6683 might be the first level (if crossed) that could be a confirmation of the uptrend. The Lagging Span Line (Chikou Span Line) should get completely over the Kumo Cloud in daily timeframe, that means that a full Japanese Candlestick should be over the Kumo Cloud (Open Price and Close Price) to have a confirmation of the uptrend and that would be a potential buy zone.