-NEW SIGNAL- SCALP TRADE Type: Market Date: 26.5.2016 Technical: Pullback to our sell limit Pair: GBPJPY Timeframe: H1 Trade: LONG Entry at: now 160.750 Take profit 1: 162.390 Take profit 2: / Take profit 3: / Stop loss: 160.000 Our risk: Touch trades/Wick plays = .25-1% risk depending on the situation
STRUCTURE SUPPORTS LOWER LOWS TO BE EXPECTED HERE 38.2% TREND LINE 1.1150-1.1170 REISTANCE PIVOT ENTRY& 50 EMA
Short USDJPY Previous Structure Now Resistance check 15 min for double top and RSI Divergence Lower Low Lower Closed
Look at the beautiful cross of trendlines - retracement after initial move up has come and previous trendline down is being tested and acts as support now Trades don't get much easier than this: SL 1.42 - TP above previous highs - at least 1.437 Enter now
High risk to buy now because it can do one more lower or you just can wait to seeel at the top of the Channel
EURJPY Take care with sell this pair now
it is better to enter short now carefully before entering buy
Hi kids, today's lesson is about the hidden bullish divergence.
The enterprise software company's Q2 earnings met analyst estimates, and ServiceNow raised its revenue forecast. But ServiceNow stock was down. Technically we had wide wedge that gave good buying opportunities with reversal candles (check my long ideas in the links below). But fow now, stock resolved its indecision pattern to downside on increasing volume....
This cloud-service company looks ready for another leg higher. Stock came from $26.33 to $71.80 for one year. Then agressively sold off from high. Pretty deep pullback to $46 which we can measure with fib levels - 61,8% is support - the last chance for bulls to prove that it is not reversal. I was bullish on it since Reversal on 15 of May (check my thoughts in...
Based On: Structure, Fibonacci levels, Channel, Stochastics, RSI, Momentum.. IF EUR/USD Reaches 1.3648. Economic Calendar events will effect this heavily, i am looking forward to a volatile day (TODAY:EUR Interest Rate, Decision, ECB Press Conference, US Nonfarm Payrolls, US Unemployment Rate, ISM Non-Manufacturing PMI ) If these events will be positive...