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Midterm

BCH Long Target Target: $2100 Stop-Loss: $1515 Bullish flag, symmetry with the pervious move up. Also Approaching mid-term trend line where it should bounce if it fails to break out of the flag beforehand. I have given 3 options on how it will play out. Target is correlated with the 1.618% fib level established from the previous all time high. Be careful of a break of this mid-term trend line. Good luck and message me with any suggestions on how i can make these charts easier to read for you.
BLong
by x2012cit
2
EUR/USD bearish for the following week?In my opinion EUR/USD will take a drop to 0.38, I have been watching eu and I think that the next few days are extremely important, if we start dropping we will probably see momentum towards the 0.382 and maybe even the next fib levels longer term or perhaps eu decides to immediately jump up or hit us with a pullback that will reverse the trend. Who knows? I am definitely anticipating a more bearish euro against the dollar at least until we touch 0.38. This is just an idea! Good luck everyone!!
Short
by ApexLemur
GBPCHF Bearish Trend AnalysisGBPCHF - Short to 1.20 level Timeframe : Mid-Term Aug. 3 = Engulfing Bearish Candle = Bearish Strength Aug. 7 = Inverted Hammer = Bullish, but failed verification on next candlestick Aug. 15 = Falling Three Methods Candle = Strong signal for new Low @ closing, achieved @ 1.2518 - Signals Downward Trend to continue Resistance & Support Levels: R3 1.2453 R2 1.2418 R1 1.2366 S1 1.2280 S2 1.2245 S3 1.2194 * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
Advanced Pattern & Elliot Wave confluence +300 Pips OpportunityNice high probability , multi argument short opportunity on the daily. In line with a short trade on EUR/GBP that I opened yesterday. Euro showed some strength since the first round of the #frenchelections2017 and the US dollar surely suffered after the #Trumpleaks. These fundamental facts pushed the EUR/USD with some significant momentum into an interesting resistance area. A combination of a completed 5 wave Elliot move + BatPattern + RSI overbought. Target on the 38.2% retracement should provide more or less 300 pips. If price comes back and double tops at entry a second chance is provided to target another 300 pips. Those brave traders who are willing to sell into strength may receive some significant return if this strategy pays off. BatPattern, especially on EUR/USD have a high rate of success but remember, no trade is a sure game!
Short
by LorbeerInv