NZDUSD APPROACHING RESISTANCE LEVELWatch for bearish price action - the upward momentum is really strong though so be careful.
Resitance
10% PROFIT SHORTING ETH10% oscillation from resistance (dotted blue line) to support (other dotted line)
eurusd continues downtrend high reward to risk short opportunityIf bears can hold the market below the main
inflection zone highlighted in red, the expectation
is a test of the 1.1080 support area. This sets up
a bearish opportunity with around a 3:1 reward to
risk potential. Stops should go behind the 1.1240
swing high invalidation point.
GBPUSD Possible Double Top on the 4hrFollowing on from my cypher idea on the 60 min chart, we have come back up into previous levels of resistance
If this candle closes in the highlighted area I feel we will see movement downwards as we are in the oversold area of the RSI
GBPJPY Channel breakout with divergence confirmationIf the price breaksout of the bullish channel with an area of consolidation or a pullback to the previous SR zones for a last kiss we can expect a sell. If not, the price could continue to make higher highers and get rejected at the trendline. Divergence can be seen on the MACD 4C confirming the halting trend.
Advanced Bat Patter FormationWe have a bearish opportunity on selling at previous resistance,there is also a bat formation wich means a high probability that the price is going to go down at that level.
Hope you enjoy :)
5/06/16 LONG USD/CADHOPING TODAY USD/CAD WILL ATLEAST REACH 23.60%
1.2980
SEEMS LIKE ITS ON ITS SECOND ELLIOT WAVE UP?
Full of patterns on EURO???Market is trading below a significant resistant since sept 2015 plus there is several possible patterns. In the red is a good area to go short. This market prediction is just my opinions. If you agree hit like button, or you can share your view.
CADJPY ShortI will be looking for a movement below the green support on Monday before placing a trade. Overall this pair is trending down and it has pulled back to resistance. I believe this is a good time to short with the proper signals. I will be paying close attention to RSI and MACD. I have 3 TPs shown. The green line is long term support on the weekly. Looking like a good setup though.
BEOB ON RESISTANCE ZONE, ENTRY ON BREAK OF DAILY CANDLETechnical : BEOB ON RESISTANCE ZONE, ENTRY ON BREAK OF DAILY CANDLE
Pair: USDCAD
Timeframe : D1
Trade : SHORT
Entry now : 1.32144
Take profit 1 : 1.28376
Take profit 2 : OPEN
Take profit 3 : OPEN
Stop loss : At own risk
USDCHF: BATThe Bat pattern appears on FX:USDCHF , which will finish its D leg soon. This gives a signal to go short. Moreover, there is a resistance level at 1.0008. Price respected that level few times and it is more likely it will do it again.
T1 - 38.2%
T2 - 61.8%
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