I'm very exited about this setup. Monthly timeframe shows big potential on long side. We can see similar priceaction on GBP/JPY. Price had hard time to go down. What happened later you can see for your self. I'm looking for similar scenario on CAD/JPY. All description is in the chart.
After one terrible last week and taking some time out this week, now I'm looking for new trades for next week. There is a big resistance line on daily chart which goes back to April 2014, November 2016 and last now in end of March 2017. Will it break or will it be kicked back down?
USD have shown weakness across aboard this monday. Will usd maintain it's weakness also today? Have in mind that price can go above last pinbar tops. Probably we have lots of stop-loss orders there. For perfect entry I want to wait a price to shoot over those tops before shorting with tight stop-loss in mind. Use tight stop-loss because the uptrend have been...
Long CHXEUR:LUMIS today (170313) at 51.20, target 50% retracement to 55.5. Stochastic increasing from below 20 and increasing momentum. Stop at 49,7, gives a risk reward ratio of 2.9. Longer term: - Retrace the whole down move to 61.75 (an additional 10% upside)? - Forming a head and shoulder with the right shoulder at 55.5? If it would trigger there's a...
Hey all of you if the pair break up the poin 1 ,Buy and take your profits at TP1 then wait , if the pair break TP1 then Buy again , Dont worry and take your profits at TP2 at the other side if the Pair break down Point 2 ,SEll and Take your profits at TP Point I will be witt any updates , See you NOte : that poistion can make you really rich ,You can...
Everything Described Entery Point,your take profits and stop loss as well , if you wanna ask do it ,I am here see you next trade .
Gentlemen, we have a very compelling monthly signal in this pair. The targets are on chart, as well as the reccomended long term stop loss. This trade has positive carry, so, holding it will pay you interest based on the interest rate differential between the Swedish Kronor and the US Dollar. I anticipate one rate hike this year, which would accelerate the dollar...
Hennes & Mauritz looks ready for a change in trend. We're about to close the gap from september 2013 at 250.60. With RSI on the lower range and previous structure as support we're looking at a good risk/reward to go long at gap close.
H&M has been up 9,61% in average ten days after a low point far away from the ma200. The 9,61% upside target lays also at the 50% gap line which makes it a reliable target. MACD and Stochastics is also indicating on a upside. Happy trading!
This is a potentially nice long term position trade setup. Once this pair closes and forms a low above 8.50, it will be extremely likely to see continuation to eventually reach the target on chart or even higher. Fundamentals for Sweden are not looking good currently, and the yield in this pair might be a big driver for this uptrend. Pairing the Swedish Krona with...
This bearish bat pattern could possibly form in the next day. Coupled with the pattern is bearish divergence on the RSI, which has already ventured into overbought territory, so hopefully does again once the bat forms.
The ECB news resulted in a large drop in this pair, which resulted in the formation of a cypher pattern. I hope for a relief rally that will bring the pair into my target.
Stop loss based on the nice piece of structure before the start of the pattern. EMA and MA also signify a further move to the downside which will hopefully form the bat pattern. Very good risk/reward on this one.