AUDCHF - Looking for double bottomPosting to keep an eye on my analysis.
The move up isn’t convincing. Will be looking for another drop, possibly a double bottom and then looking for an impulse up for the long term reversal.
Short-signal
Short USDCADWait on the current 4H candle close - it it closes as a pin bar off the 50% fib level - short USDCAD.
Down we go towards 1.30500.
Trade safe & manage risk
EURCAD SHORT IDEAIgnoring the strong supporting trendline on the weekly time frame. My bias is bearish to the strong supporting higher time frame level.
Retest of the lows before a potential reversal is considered. However if the weekly candle closes bearish then next week we could potentially look at price retesting the underside of the trend line.
GBP NZD Sell 60% of position closed at +60 pips
stop loss trailed to entry on the remaining 40% trade now risk free with 60% secured
S&P500 BE READY TO SELL
S&P500 currently consolidates around strong level of resistance 2940.
I am focused on 2895 minor structure support level.
If bears break and close below this level,
for me, it will be a signal to short the market.
T1 - 2860
T2 - 2805
*if the market closes above the resistance setup will be invalid.
USOIL SHORT SETUP- ZONE CONFLUENCE WITH FIB ZONE
- DOWNTREND STRUCTURE
- TRENDLINE 3RD TOUCH
IF PRICE IS ABLE TO BOUNCE AND FORM A NEW LOWER LOW ; IT MAY BE STRONG ENOUGH TO BREAK THE LOWER ZONE AND CONTINUE LOWER TO THE NEXT ONE FOR OUR PROFIT TAKING TARGET
COMMENT IF YOU WANT MORE SETUPS SHARE THIS IS 1 OF MANY FROM THIS WEEK
GBPUSD IS IT TIME TO FALL EVEN MORE?Gbpusd sell to the bottom of the zone.. This is a good re entry for those who have not entered at the beginning of the week.
EURAUD Short Signal EnteredWe are short EURAUD on Daily/Weekly Timeframe.
Max lot 0.05 per $1k balance (not equity)
btcusdif you remember, this analysis was published when the BTCUSD price was over $ 8,200
when the others sell BTC, we buy in the specified area!
just Check it out, previous BTC analysis in my profile
happy trading
ETH/BTCETH will Pop soon.
Fell to range midpoint and has wicked below several times filling buy orders. Trend looks like it is starting to turn bullish after price fell back to value.
Avg Entry currently 0.0313 (continuing to buy)
Stop loss. I am using a Soft Stop on this one, so I do not get wicked out, but it means I am carrying higher risk on this trade. A smart stop would be the recent low at 0.0298 (finance) or 0.02964 (Bitmex). Will update here if I stop out.
Short term target is 0.0388 or above
Initial Target for breakout of long term range/consolidation (Low Dec 2018, High Jan 2019) is 0.0475
Reasons:
OBV moves have a correlation with Price moves of 1:1 - 1:2 OBV:Price
Initial move off low on great volume and force than we have seen in 18 months. Most recent high at 0.0348 has a high probability of being retested and exceeded:
EUR/USD will fallAfter hitting resistance, the price is preparing to slide downwards. If we get a break below entry point then I will be short this pair until 1.111 level.
ETH/USD - very bearishTarget 1: 110
Target 2: 80
Blue triangle indicates the current range.
Red box is sell.
Red lines indicates t/p.
This is a log chart.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
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