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Trendlinebounce

USDCAD Trendline "Break or Bounce"USDCAD is trading in triangle now, touched top trendline twice before dropping down to bottom trendline which also has bounced upward. Perfect entry would be marked on the chart with black sniper scope which has already been used except for green one which is valid waiting for current price action to either breakout of the trendline for me to open a buy to go upward of 1.34500 as TP . If it doesn't break and bounce off the trendline for me to open a sell to go downward of 1.32150 as TP.
by UnknownUnicorn4090857
BAT setting up for a mid term run!BINANCE:BATBTC BAT getting closer to the lower trendline. I'm expecting (or hoping) for a bounce at the green box which is shown in the chart. That zone is confluent with horizontal, hirstorical support and the lower trendline which has held since december 2017. The RSI is moving towards oversold after breaking the bullish divergence.This indicates that the market wasn't strong enough for a bounce yet. Anyway, the RSI being in the oversold area makes room for positive price action. I do strongly advice using a SL at the shown level. Since BTC is running, alts are at her mercy and can only hope they don't turn into dumpster juice.
Long
by Buta-yarou
DXY: Daytrade-Opportunity! PULLBACKTRADE and your chance to sellHey tradomaniacs, welcome to another free signal! Important: This is a PULLBACKTRADE! Safe your profits decently! DXY not tradable? Buy EUR/USD! :-) ----------------------------- Type: Daytrade Sell-Limit: 97,78 Stop-Loss: 97,88 Target 1: 97,67 Target 2: 97,62 Taregt 3: 97,55 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
TVC:DXYShort
by Trading2ez
GBPUSD Long Trade *FIBONACCI AND TRENDLINE COMBO*Simple 4hr trend continuation on the GBPUSD FX currency pair. This is similar to the set up on GJ I have already shared. Weekly/Daily Bullish trendline has been respected with a bounce. 4hr timeframe is making new higher highs and higher lows. I looking to enter long on the bounce off the 4hr bullish TL and Fib 0.618 level as the overlap. I will be targeting the Fib 1.618 extension level but there is a bearish trendline to watch out for. Hopefully this breaks.
Long
by UnknownUnicorn772665
3
AUDUSD - Potential short coming into play. So after the flash crash seen on the 3rd of January, seeing the Japanese Yen soaring, we saw price recover back above the 0.69750 psychological price region. A higher high was created followed by a higher low as anticipated. A higher high is created around the 0.73000 region, seeing a 2nd touch of the descending trend line, followed by a lower low and lower high as expected. This created the classic head and shoulder pattern and we saw price price tumble from the 0.72000 region to the 0.70055 region, creating a new lower low. With that being said, a lower high should be anticipated to follow the downtrend. We breached the 0.70250 monthly key, however we were unable to close below it with enough bearish momentum. Price looks short term bullish for now looking at the daily and 4HR time frame. Today looks indecisive as where price wants to move, however we re sitting on the 38.2% Fibonacci level. This may give us a better buy entry for INTRADAY traders seeing 0.70250 met once again before moving towards the 61.8% which is my favoured entry to go SHORT. The 61.8% accompanied with the 3rd touch of the descending trend line as well as creating a double top formation seen with the 28th of February candlestick. This zone shown hi lighted is also seen as clear resistance/support in the past. Downside targets will be around the 0.69000 price region. However, if this trend line is not respected, my bias will change to long with a break and retest of the trend line. This short analysis will then be invalidated. Long term I do see AU rising, however for now, my bias remains short. Thanks for reading and if you have any questions, head over to my instagram : keownarcher
Short
by KeownArcher
BTC/USD: Swing-Setup! Time to sell the retracement!#BEARpowerHey tradomaniacs, welcome to another free signal! Important: Market still risky and sometimes unpredictable! Reduce your risk as fast as possible after executing the trade! ----------------------------- Type: Swingtrade Sell-Stop: 3.970 Stop-Loss: 4.079 Target 1: 3.850 Target 2: 3.769 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
BITFINEX:BTCUSDShort
by Trading2ez
NZD/CHF: Swing-Setup! Huge Chance to sell this baby!Hey tradomaniacs, welcome to another free signal! Important: Wait for the retracement down to entry! ----------------------------- Type: Swingtrade Sell-Stop: 0,68794 Stop-Loss: 0,69034 Target 1: 0,68610 Target 2: 0,68252 Targt 3: 0,680 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
USDCAD: Oil Outlook Looking Good AgainUSDCAD Timeframe: 1D Direction: Short Confluences for Trade: - Bearish candle formations - Price action can't seem to break and stay above the Horizontal Resistance Trendline - Price action reversed off middle of Parallel Channel - Stochastic near Overbought momentum - Fundamentally, the temporary truce between Trump-Xi trade war should be a positive to global demand sentiment; which is positive to oil (highly correlated to the CAD economy). This should provide a boost to the CAD alongside a more dovish FED. Expecting price to have a gap down when market opens but the trade should still be strongly towards risk on trades for a longer-term hold. Also, the extension of OPEC+ to manage oil is going to be good news. Suggested Trade: Entry @ Area of Interest 1.3240 - 1.3330 SL: 1.3393 TP: 1.3033 RR: Approx. 2.33 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Short
by weekendanalyst