NZD/USD broken consolidationthe pair has retraced back up to resistance, looking for confirmations for shorts
Trendline-break
USOIL LONG IDEAPrice formed inverted H&S
red trendline has been rejected a few times
break of it is a good indicator of upwards movement
retest may happen, thats the safest way to enter
GBP JPY Trendlines broken - Bears remain in control - ShortBears remain in control, a correction is possible and then bearish continuation
EURUSD break of lineprice broke the trend line clearly
possible retracements to 1.055 areas
if price retraces to test it, long trade in play
price most likely to race to 1.085 (TP1)
AUDNZD: Trendline Break + Flag Pattern = Easy Game! 7:1 RRGreetings my comrades!~
My initial entry on a regular pullback has somewhat evolved into a Flag Pattern! No matter, its still a bullish pattern!
Using the 161.8 and 261.8 Fib level, I found two possible TPs that you can use! I'm personally going aggressive on this one since the confluence favors it, but I'm still keeping my risk small
Good luck trading my friends!
Aussie/Canadian Movement IncomingI'm going to be looking for movement here in this region. 3 things could happen.
1.) Pair rebounds quickly without coming close to the resistance/trend-line, in which case I will skip this trade.
2.) Pair falls further into the resistance zone and bounces off of the trend-line. If confirmed, I will enter long.
3.) Pair falls into zone and breaks below trend-line. If confirmed, I will enter short - or look to see if a double top is forming, in which case I will hold off on the trade until that is confirmed.
Dollar/Yen Long broken resistance and trendlineI've been in this trade since 102.850 when we got a confirmed trendline break/double top (or triple, depending on your definition) situation. I hope to ride this into the next price level at 106.856. You can still get in, as the 104.081 level was broken only recently. I'll probably be placing my stop @ 106.496, a few ticks short of the headline 106.5 number.
NZDUSD Had a nice run, time for a pullbackThe indicators are all here showing NZDUSD had a great run up. I will be shorting it to the first trend line, if that breaks I will continue holding till the second trend line. Watch this 4h candle closely. If it closes as a bear engulfing candle then it is a sure sign of a reversal. I am also testing a new system on daily fractal trading, my current positions there are short GBPUSD and long GBPJPY. Very small positions as I am testing this trading theory but I do like the idea of trading the daily candle at the beginning of the day and catching the entire days move.
If I see something like this i go shortIf I see a bearish candle without chasing the price i go short after the consolidation. Price is near the trendline, but actually it doesn't makes much sense to me, because there were a bullish impulse on 1st of September. GBP can break the trendline and go a little bit higher, but I don't think if it happens will be strong.
eurchfsome short idea on eur chf ...
keep your eyes open for a trendline break to get in a short position due to the fact that we are on the top of the sideway channel
maybe this little divergence on rsi can be helpful (if it holds)
aud nzd long ideabreak of the black line No.1 leads to a long trade with take profit at the first green zone..
after breaking black line No.2 we can go long again with locked profits
not sure if the blue trendline can hold just let us see its just very fresh
Crude oil2 possible long zones for oil..still some way to go but i keep an eye on this two zones..
as an extra confirmation i consider a trendline break
EURUSD Trend Line break to monthly pivot4H chart with a high wave trend indication and a trend line break looks like a good setup to short to the monthly pivot. Don't forget NFP is soon so lock in or take profits before.
