EURCAD possible breakoutHi traders,
It's been a while since I posted something about the EURCAD. On this 1H chart we can see that price is about to break the trendline.
Cheers
Trendline-breakout
USDCAD: Possible price projection after the breakoutHi traders,
On this chart we can see that price has broken the red trendline. Expected price is indicated with the blue waveline.
Cheers.
USOIL: Is the barrel leaking?Hi traders,
Although I don't trade the USOIL, that doesn't mean I don't put my analysis to good use. On this chart we can see that price has broken the red trendline. The turquoise wave is the projected price movement.
Cheers
GOLD: Can we finally get the breakout?Hi traders,
I've been looking for this breakout for a while now. Let's see if we can make it rain gold.
Cheers
USDJPY bullish price projectionHi traders,
On this USDJPY 1H chart we I'm expecting this trendline to break to the upside. The turquoise line is the possible price projection.
Cheers
XAGUSD possible price projectionHi traders,
On this XAGUSD 1H chart I have drawn the price projection that I'm expecting on this pair, based on the structure that the price is forming.
Cheers
EURUSD: It's happening again tradersHi traders,
On the EURUSD we have another possible breakout. The red line is a trendline, but turqoise line is the expected price movement after the breakout.
Cheers
AUDNZD Buy SetupWe are near the bottom of D1 and W1 ranges. D1 TL was broken up and we can now expect to see the top of the range.
Go long inside the buy zone. Ideally we want to see bullish divergence forming.
Neutral Position - GOLDThe trend line ( Purple ) has been tested twice and and the resistance ( Green ) that was formed on the the 14th of December was tested and caused a drop on the downside and nearing the trend line. If it breaks through that expect it to hit the 1137.33 levels and if it doesn't breakthrough that and respects the trend line. I will hold the position till it hits the resistance line.
. Keep the SL for the buy just below trend line or below the first support level ( 1145.54 )
. Keep the SL for the buy just above the trend line ( 1150.46 )
Small Short Trade in USOILHere we can see an breakout and a retest on the trendline.
Could be a good chance for a small short trade.
NZDUSD - Trend line Breakout - Possible HSH Pattern.The bearish channel has been broken, we had a pullback, and now we are waiting for a new breakout before buying, the idea is also supported by a huge divergence.
As I said wait for the breakout and apply your own strategy for this kind of setup.
Monthly Double TopWe have a breakout and a monthly resistance hit. On the daily chart you can see that he failed two breakout attempts to the bullish side. He formed a double top on the 4h chart. This indicates a bearish movement which could continue to the downside. Whenever he should break the trendline, there is an possible entry point.
AUDUSD AnalysisI am long off the bat pattern completion and oversold RSI.
I will take profits around the neckline of the triple top, at which point I will be looking to short on the neckline re-test of the triple top.
Trenline brokenWas watching this trendline the last few days, finally broke to the upside... thoughts?
Divergence, slowing momentumMomentum seems to be slowing, long trendline has been breached.... thoughts?
AUDUSD Buy Setup H1Pair completed a triple cycle up on the H1 chart. We are now inside a bullish zone where I expect the pair to stop and reverse for further rally.
Target 1 – 0.7440.
Target 2 – 0.7520.
Stop Loss – below last low created after the breakout of the trend line.
AUDNZD Sell SetupWait for the price to reach the sell zone, then let the price breakout the up trend line and go short.
We are aiming as final target the 50% correction of the last move around 1.0450-1.05 or so.
Once we reach the 50% correction we can switch for buys.
NZDUSD BEARISH ANALYSIS + Libra PatternThis week's quick bullish Gartley on the Kiwi was overrun by a strong dollar and encouraging words from Yellen.
On the daily we can see that we just put in a very strong bearish week. The long term bull-trend channel was broken to the downside. A Libra Pattern has formed. My open short position from my previous Kiwi post is doing very well. Next week I will be looking to add more to my short position on some sort of pull back. Wait for price action to give you a signal on the lower time frames.
This can be a very powerful breakout to the downside as we have a lot of room to go and some serious dollar momentum.
Copper headed to 2.26Hello traders!
As you probably noticed Copper broke out the asymmetrical triangle started back in June 2016, also crossing the 200 EMA. Given the strong momentum I think it's possible that price will raise higher and retest the previous swing high reaced in mid July. Of course there's a possibility of false breakout, in that case I think price will go back to meet the 50 EMA and bounce again or continue down to meet the lower side of the triangle.
Hope you liked this idea, wish you all happy trading!
AUDNZD Great Sell ScenarioI want to see a break below the last low around 1.0655, then a pullback and sell. Pair reached a strong Daily resistance along with divergence which means we should be looking for sell opportunities only.
Stop loss should be placed above last high. Target 1- 1.0585, Target 2 – until opposite divergence occurs or 1.0485.
