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Minor

DAX // minor long trendThe correction of the daily short impulse on H4 forms the minor long that that is valid. The main H4 breakdowns (aqua) and the daily breakdown zone (orange) are the targets of this long trend, but it is a minor one, so it can turn south any time, and if the H4 impulse base is crossed down significantly, the next targets become valid in the short countertrend. ——— Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated. ——— We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds. Stay grounded, stay present. 🏄🏼‍♂️ Your comments and support are appreciated! 👊🏼
PEPPERSTONE:GER40
by TheMarketFlow
GBPJPY // minor long expansionThe market is in a H4/H1 countertrend within the daily minor long trend. I'm waiting for a break of this countertrend and target the H4 breakdown zone (aqua) and the clean daily breakdown (green) - that is happen to be the border of the primary long trend's expansion phase. The idea is valid until the daily impulse base is broken. The H4/H1 countertrend is valid, so it may go further south, testing the daily breakout (blue). ——— We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds. Stay grounded, stay present. 🏄🏼‍♂️ Your comments and support are appreciated! 👊🏼
Long
by TheMarketFlow
2
GBPJPY // minor long expansionThis is a daytrading idea. If the last clear M15 breakdown is cleared, the market enters the expansion phase of this minor long trend, going for the H4 resistance zone, with potential targets (H1 target fibo levels) on the way. The idea is valid until H4 trend is up. ——— We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds. Stay grounded, stay present. 🏄🏼‍♂️ Your comments and support are appreciated! 👊🏼
Long
by TheMarketFlow
GBPAUD: AnalysisWhat's up traders, There is a triple top formed on the 15 minute, i'm waiting for price to fall and hit my entry (1.77118). As you guys know there was a huge gap this week and price has not retraced to the area that it gapped from. With there being a triple top i'm waiting to see if price will reverse and head to the last sessions low which is where I have my t/p 1. Right now price looks like it could go down but its retracing to the upside one more time before the fall, but things could change beginning of London session which is approaching in a few hours. Goodlcuk to you all, leave a comment below!
Short
by lobfxempire
2
Owens and Minor Long AFThis is a stock with strong fundamentals. There are a few key things about this one.The true bottom should be the 30 week MA at 4.50 and that would be amazing getting in at that price but... I feel like this stock has held up pretty well in the recent whiplashes in the S&P 500 and more importantly the 30 week moving average is pointing it straight up so I believe this will not drop any further. If it does, then capitalizing on the drop by buying it would make sense, assuming the market itself isn't taking a shit. Furthermore, you can see the MACD signaled this a few weeks ago, I love the MACD community indicator by ChrisMoody because it shows you a green or red blob when it crosses over. Then promptly after the MACD signal, the RSI crossed over on it's average and it's now centered. I think this stock has the momentum to push up rapidly in price. It's hard to say but around 13-15$ seems chill for a short term sell goal.
NYSE:OMILong
by eneakume
AUDNZD - Trade Idea for TODAY!Which way will it break? Nice clear chart with great support and resistance. You could even go and add other indicators such as RSI etc. I like this chart on the higher time frames as well. A break out of the bull flag or triangle, bulls are in control. However, if we do break to the down side, take the short down to the next support area, for bulls in control, target the next resistance. As I am aware we are in consolidation within the majors, but minors are offering great R/R trades. Remember: Just a trade idea, not a recommendation.
by Trade_Journal