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Retest-structure

EURAUD outlook#EURAUD Price reacting to a zone and rejecting the zone looking for a break and retest. We have a trend line obstruction that we’ll need to break through. This downward move comes from a rejection of a channel on the daily. The first move I see is the continuation downward until we get to the weekly zone which will be difficult to break through. My entry for a buy would come after a clean break through the yellow box and a retest between 1.58162 - 1.5832 (SELL) Tp1: 1.58011 Tp2: 1.57833 Tp3: 1.57571 Tp4: 1.57251 If price pushes up and rejects near the trend line, which I see reacting to price near 1.58923 (SELL) Tp: 1.58463 Tp: 1.58653 Tp: 1.58011 Tp: 1.57833 Tp: 1.57571 Tp: 1.57251 If we see price push up we’ll target the trend line as the move and break through the yellow box and a retest between 1.58162 - 1.5832 (BUY) Tp:1.58522 Tp:1.58748 Tp: 1.58923 Consider the news tomorrow evening on AUD at 7:30pm est if the setup have not reacted by then.
by Cory4rex
Trade Ideas Position: Gold GartleyNot the best bearish Gartley I would be trading, just look at Pt C touches the closing price of Pt A, make it a retest of Support. If the market did not have a series of lower-high. I will have to see how the candle close and form up at Point D before engaging the trade. Stops above X will be above of the lower-high trendline. Exact Entry, Stops and Targets will be share to my subscriber. In just the month of Oct, we shared a total of 2,333pips of net profit. In order not to miss another great trading ideas again, just subscribe to us at the link below: forex100academy.com
FX_IDC:XAUUSDShort
by RaynLim
Short the retest of the blow-off top formation in BitcoinThe BTCUSD has made a blow-off top after a parabolic advance to just a couple hundred dollar below 20,000. The parabolic rise is very typical to all speculative bubbles which I have seen multiple times in my life. This parabolic advance has trapped a great deal of unsuspected speculators which creates heavy overhead supply. I see price finding resistance at the first supply area, which coincides with the 61.8 fib of the whole decline (measured by highest and lowest open/close not the wick). I see price moving lower from here (but I could be wrong on that) based on what I see from the price action. The down side target is 10733 then followed by 8327. The main obstacle for the extended move to the downside is that the buying interest is still quite buoyant below 14,000 mark. In order to fend off the buy interest, it is most likely, on the way down, to run higher again to trap more longs on the wrong side, and then break decisively to the down side.
BITSTAMP:BTCUSDShort
by chenb1981
USDCAD - Consolidation & Reversal I spent the majority of the past few months being very bearish on the USDCAD, even up to a few weeks ago as we violated our previous structure lows. The market gave us no follow through, consolidated and has now given us a bullish rotation setup. The area in which i have on my radar is a retest of the previous structure highs that were recently created followed by a continuation to the 2 structure levels that I have identified in purple. it's important not to let our pride outweigh our analysis, meaning that just because we make a prediction one week, doesn't mean we have to stick with it until it becomes true. If the market gives us reason to change opinion, we must obey and not let our trading pride stand in the way of good decision making. Akil
Long
by Akil_Stokes
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