Support and resistance self explanatory, price way above EMA's majorly overbought also so time for price to stablise and consolidate back to normal
Apple inc Bullish Overview *Bullish Channel (Continuation) *Completed Waves *III-rd Bullish Wave Active *Breakout from 07.2015 Downtrend *Rising RSI TP Upper area of Long-term Bullish Channel (Current wave (5)). www.ibrokers.ee
FX:GER30 Short the dax when it reaches the 10250 Highs, profiting on the back on the support level when it drops down again. Only a matter of time when it corrects itself. The stochastic shows alot of choppiness so this bullish wave will come to an end soon.
NZDUSD reached a new minor accumulation area. New target is well visible as well as the previous one I took last week on wednesday. I'm guessing this is leaning towards a big dip down as the trend based fibonacci extensions miraculously match the important support/resistance levels I drew on the daily chart. A match on all three 1.618, 2.272 and the 2.618 which...
1) Buy Limit 1.1080 SL 1.0880 TP 1.1500 = 420 pips TP 2) Buy Limit 1.0930 SL 1.0800 TP 1.1500 = 570 pips TP Ramane de urmarit Strapungerea / Testarea si Confirmarea nivelului 1.1130 Fundamental mai mult politic ar putea influenta miscarea in sens invers dar economic EUR este in crestere! Cel mai probabil va urma o miscare laterala pe o perioada. Pe la...
usdcad buy limit 1.3400 tp 1.4000 stop 1.3000
GBP JPY long 200pips TP / 100 pips SL
Eur/Usd BUY LIMIT 1.0760 , SL 1.0625 , TP 1.1100
Also another sell setup 1. price has come to previous structure and shown a huge bearish candle 2. price put in a bearish engulfing candle 3 price is downtrending 4.previous candle was a doji on the daily previous candle was a bearish hammer sign of more sellers in the market :)
As We all know nothing goes up/down in a straight line, and with all the bearish sentiment for Oil and CAD we are sure that the turning point is near. Of course, one of the most important rules is not to try to catch the turning point (TP) "do not catch a falling knife" *****So we are not saying to short USDCAD now****** In the monthly chart it is clear that...
I had a request from a friend to analyze USD/TRY: On daily perspective I saw a nice classical Elliot Wave with double zigzag till point E correction waves. Before starting the analyze I want you to eliminate the harmonic pattern that I draw there; First we start with trends and the potential of opening trade. PA (Price Action) creates trend and trends give us...
Patterns can be failed very unexpectedly. Patient is the key of success. Open your trad on a strong trend. Later I will explain about how to adjust SL and TP. I will also explain how to get reversal signal and have more confidence on your decision. It's all about Risk to Rewards. Get yourself mentally ready and deal for long term instead of amateurish...