A very important zone was reached,wait a bit for the rebound or the breakout. Remember this week will have tons of FED conferences and the Canadian interest rates. "Be always aware, trade safely, succeed"
treasure map elliot wave , supports resistance targets analysis
Long setup of the re-test of the channel line Low risk trade with stops right below previous structure at 103.90 area
After 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...
Treasure map exceptional , targets supports resistance
I will try to monitor and post in comments section every day my view on gold. And call some trades for future if I see them. I will use for this just candlestick analysis and daily weekly monthly swing highs lows as well as some trend lines to prove for my self one more time how important those pivots are in trading no matter you long term trader medium term or...
Possible 200 - 300 PIPS on a long, 0.5 Fib acting support together with previous structure. Good RR Happy trading www.Twitch.tv
As you can see in the chart for $ARQL i yet again used channels and volume indicators to help good entry points for both long and short positions, when looking at the RSI you can see that this company was very oversold, im waiting for a parallel channel break and increase in volume to make another entry. wallsthooligans.com
Price is inside the decision zone , i think may be it will reverse due to the following reasons:- 1- Double bottom in lower time frame. 2- Valid structure level. 3- RSI oversold. 4- 1.618 Fib extension for AD Leg. 5- 0.764 Fib level for BA Leg. 6- 0.618 Fib level for CA Leg. 7- 0.500 Fib level for EA Leg.
Triggered at strong ResistanceH4, i've a short position with target near ResistanceW1 (now support). Synced with the 61.8% level of Fib Extension from A to B, and looking back the structure on daily chart, we can imagine a possible retracement to the 23.6% level of all the move from Support W1 to ResistanceH4. Eventually, breaking ResistanceW1 (now support), it...
We have a nice Breakout at Daily Level, pullback with Hammer at Support in H4 + bullish engulfing H1 + doble bottom M15! Multi-Timeframe confirmation! Very nice Long opportunity!
Right now we can see that the price has hit a key support level. I predict this will be the start of a bullish trend.
The head and shoulders has been more or less confirmed. As we have a tone of resistances and not a lot emotional strength to begin or continue our short term bull rally, we will likely see a break not only of the current lower support line but also of the head and shoulders support line. In my wishful thinking we will perform a adam and eve bottom and then got...
Do not be fooled by the hype. There is a lot of bearish sentiment on EURUSD. On the broader time horizon fundamentals may support a more bearish view, but the world is not the simple. From a technical view, there is a short term support area at the 1.3500 level area. Any retracement back into the major support zone of 1.3512 - 1.3460 area is where I will look for...
APPL has been demonstrating strength for some time. From a purely technical standpoint I view recent weakness as as possible buying opportunity on a day trading basis. If price can retrace back to the 92.22 area, I will be looking for bullish validation and set targets in the 93.50 to 94 area for an intraday trade. If price only retraces to 93.40 area and price...