Soon time to decide for ETCEtc is about to meet a huge ressistance and he will have to decide between go up again or stay down, keep watching it.
It's my first published idea on tradingview, what do you think about it ? Let me know !
Ressistance
Wave 5 completion in ResistanceCould this be a wave 5 completion in a resistance zone. Other AUD pairs ran into resistance as well.
EURUSD: Gartley ShortThe EURUSD developed a gartley pattern on 1 H chart. It hit the entry point and it a good opportunity to go short. There is a resistance level at 1.0947, which increase the probability of this trade. Usually, big positions are placed at key levels like that resistance and it is more likely the drops and hits the targets.
T1 - 38.2
T2 - 61.8
Note: There are some major news at US open - ADP Payroll, Fund Rate, Crude Oil and major moves are expected. It is not recommended to stay in trade while those news came out.
USDJPYEntered this live trade.
Sl - 113.900
expecting a 59+ pip decline in the asian session.
TP at 113.00 , we may possibly dip lower , lets see what happens
Advanced Harmonic Setup Cypher AUDUSD has been ranging in between .76960 and .76000, also at the .786 retracement level which is currently right under our key supply zone. Daily support is @ .76813 and price has been consolidated there for many days now. With the halt in price at this level the harmonic pattern is looking that much more validated and the daily resistance along with the supply make this a very strong confluence area for price to possibly turn bearish.
Target for bearish move would be .75600 -.75175
EURGBP short Price is triangulating into a wedge. Shooting star has formed on the resistance along with the crossing of the descending trendline. Short entered, 2:1 risk reward.
USD/JPY Long 4 Hour ChartMany Reasons i believe this pair will continue on the upwards trend.
- Impulse leg forming a flag, if we breakout of the flag then bulls will take over and push price up.
- Possible inverted head and shoulders pattern, if neckline is broken then we will see yet again another rally in price upwards.
- Key Daily Support Levels are being tested, and i believe we will see a bounce off this level.
- Market closed on shooting star candlestick on the 4 Hour Chart, hopefully meaning market will open on a downwards trend and start to test the support level, where the bullish momentum will hopefully start.
TP is just below 4 Hour Key Resistance level, however i do think we will break this level, but want to trade safe.
USDCAD BuyBelieve price action will break channel to head and test resistance level of 1.3513 level. If price breaks it will head to test 1.3550 area next.
audnzda push through the blue little ressistance will trigger a long position
divergence in play as well
gbp/usd: 2 ways we can attack the marketAfter the brexit, the GBPUSD has been consolidating, trading sideways, that is a great scenario to trade between the structures, in this case in particular we have a 115 pips wide range where we can either buy at @1.2968 or sell at @1.3084.
Depends on which gets filled first
The best opportunity for us is the short one, because it has a significantly major level of structure
fibo confluence and Tl on h1fibo confluence+2TL+resistance
SL:1.3164
TP1:1.3078
TP2:1.3047
TP3:1.2922
EURUSD ANALYSIS WEEK OF JULY 31, 2016Weekly:
Price is currently at weekly resistance 1.12000. Nonetheless it is currently in a down trend making LL and LH.
Daily:
Price is in a nice channel. It is on its weay to touchdown on the bottom of the channel before its potential continuation up.
4 Hour:
Price completed a head and shoulders formation with break through the neck. It is retesting the neck at 1.11500 - 1.12500 for its continuation down to next level support at 1.07500 - 1.08000
Wishing everyone a wonderful trading week!
flag patternmain Resistance+broke TL and consolidated+flag pattern+fibo prz
SL:1.7650
TP1:1.7300
TP2:1.7040
USDCAD ANALYSIS WEEK OF JULY 24, 2016Weekly:
Price is in an uptrend. The trend line has not broken and is seeking higher highs.
Daily:
A gorgeous ascending triangle is forming with presumable assumption that the breakout will be to the upside. Price is in major resistance at 1.31500
4 Hour:
Since we are to want to long this pair let us see where to enter. On the 4H chart price is trending in a channel. Shortening between 1.31500 - 1.32000 at resistance seems like a nice pullback trade.
Look for buying opportunity at 1.29500 - 1.3000 range for its continuation up. 1.33000 seems like a good target to aim for.
Wishing everyone a good trading week!
EURUSD BearishIf we get to previous resistance, then we can look for a short oportunity and our target is gonna be previous support.
EURJPY Bearish on important resistance + Advance PatternIf the price go to @118,187 then we have a bearish signal.
That signal is made by previous resistance + Harmonic pattern
