Major
EURUSD approaching to Key Level...EURUSD can bounce from Key Level 1.10212.
I wait for a false breakout to have accurate entry point.
I'll make an update if I'll trade it.
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NZDUSD SHORT NZDUSD already broke important key level @ 06260
up correction wave finished , now continue down wave
MACD show sell signal on H1
Price moving below 100 MA
Volume profile support idea
EUR/USD Update Possible Major LowAs mentioned in my EUR/USD bigger picture Analysis (please watch that one if you haven't) there could be a bigger Low forming here. We have seen a move to the upside ofter the ECB meeting and as long as we don't violate the two lows now highlighted in the chart this idea is still in tact and can play out. Definitely keep a look on this pair.
OXY downward channel into Major SupportOXY is currently in a long term downward channel and testing the bottom of it. The severe decline in price over the last few years is plummeting OXY into MAJOR support. This confluences with the downward channel, and we are likely (in my opinion) to see a trend change soon to test the top of the downward channel as long as the support holds. OXY, as well as all petroleum companies, is currently battling with gas and oil prices which are handicapping it severely. This idea is very subject to becoming invalidated due to fundamentals with that said, as well as OXY has just dug themselves into even more debt with a $37 Billion purchase in attempts to expand. Hopefully their efforts pay off, and don't send their stock prices into a death spiral, because breaking this major support would be very BEARISH for OXY shareholders.
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Second ChancesA very familiar pattern is forming. Could be an opportunity to get in on it. Probably need a better SL because it's that time of the month.
GBPJPY buyGBPJPY has hit a support that held on the 4hour candle time frame in the colossal drop that occurred a few months back, this level should see a healthy bounce up to our target. There is GBP news at 9:30am England time therefore i might look to move SL or close the trade before the release.
Pending LongStrong push up, price is now retracing and now we wait to see if price is going to hold before heading up further.
