Many are still expecting a Fed pause next month but the jobs market isn't cooperating as it record a 13th straight month of non-farm payrolls beating the consensus estimate. A crisis of confidence among regional and mid-sized U.S. banks, which first broke out in March, has also resurfaced, and adding to these concerns is the potential U.S. debt default, the...
Following the choppy scenario in the last couple of weeks, the EURUSD was unable to find direction as it appears participants are waiting for a catalyst for a signal on where the price is heading. However, the current structure in the lower time frame reveals buying power at around the $0.99 zone. In this video, I shared my technical opinion on my expectation this...
The momentum drive on the USDCF has been bullish since the beginning of the year and the breakout of the bearish trendline on the daily timeframe coupled with the appearance of a double top look-a-like structure during the latter part of last week's trade session could be a signal of a reversal phase evolving. However, I still hold a strong bullish bias on this...
15m Trend continuation pattern. If price respects support and breaks triangle expecting another big push. TP1 area 1.25200 TP2 area 1.25600 TP3 area 1.26100
Previous two days have been Bullish. Last week created a big Doji. Currently at a weekly/Monthly support zone. Expecting a bullish engulfing on weekly. 15 min trend continuation pattern (Triangle) Expecting a breakout and continuation to 1.23600 intraday Pivot level. Which is also the top of the 30m 200 Bollinger Band.
Hello Traders The AUD.NZD has been trending long for a while on the daily time frame, but there's a pullback. The pullback on the 4 HR time frame seems to be a bullish fag. If the price breaks the flag to the upside, it could indicate a trend continuation. I will update this post idea and see where the price moves. Until then, happy trading. Samantha
My Litecoin technical analysis I go over a bullish bat formation stop levels, take profit levels Entry levels risk to reward profile also go over trend continuation trades. entry, stops, and target on them too What a three-point move is. What an Impulse leg is lots of information in short time. watch it couple 20 times This is the rules I use Video is ok...
Daily & 4H down trend. Price at major daily Support level (Head & Shoulder Neckline). Price pulled back to 23.6% on 4H Fib. Starting to form 1H & 4H Bearish Pennant. Expecting price to break Major zone and start Daily Head & Shoulder breakout.
Looking at this GBPJPY for a long trend continuation setup with a double bottom on the 15m time frame. Gives us an opportunity to place stops and get a great risk reward setup. This isn't a trade in my portfolio that has a high win percentage but you can see the risk reward makes it worth taking for myself. The risk/reward is currently sitting at 1/4.5 roughly....
GBP/NZD trading trend continuation (bearish channel). I am looking for a breakout in the direction of the preceding trend. The main target should be the next channel support. Good Luck Folks
Break and retest of 4hr continuation pattern. There was also a massive double top inside the continuation pattern and price broke and closed below the neckline. There was massive volume that came in on Friday in the form of an Upthrust on the 1hr timeframe which sent price down and now a 50% retrace of that move to has caused price to reject of the 50 fib and 50...
Price had previously been in downtrend for a long time , past the lowest price zone , Price is pulling back into zone and resistance line. BREAKOUT occurring ???? anytime soon , what can we consider ? Brexit ?. (feedback ,thoughts or criticism welcome) comment about your keyzones please interact
We had a nice pullback in USOIL and price action now is clearly showing bullish trend continuation. Though this market seems overstretched, bulls are jumping on any chance they get to buy the dips. USOIL is seemingly going to test 7250 before any significant break.
Continuation pattern for uptrend, Head and Shoulders formation, 50Days Ema signaling uptrend, good opportunity to buy.
Just wait for the break of the line above. We will be looking for objectives of at least 200pips
We are currently in a sideways movement on USDJPY. A Running Flat Pattern looks to be the highest probability setup. However, it could become expanded. Look for buys until the reversal pattern presents itself for another move down. WE ARE WAITING FOR A BIG BUY to present itself at the end of the first quarter of this year. DONT MISS IT!
First off, please note that I am a swing trader. When I enter a position I am looking to hold anywhere from 1 day to 3 months depending on the momentum, but the average is around 7 market days for my hold time. Here are some quick bullet points on why I like this stock for this week: -This sector (food and beverage) as a whole looks coiled and ready to go -The...