What I'm seeing on EURNZD!Price has been on an uptrend and has recently broke and retested my short term resistance TL turned support.
So im going long probably to 1.74 level buh i'll watching the nearest resistance as my TP 1.
TRENDLINERETEST
EURUSD LongIt's my third analisis
1D EURUSD - On my spectations we are looking into a touch on the uptrend and a long position until touch on that big downtrend arround 1.12153 (Final TP).
After that touch i will be looking into a possible brack of that downtrend or a simple touch and retrace to the downside.
Best Regards
PessegoRatzinga
Continue fromWedge breakoutAs we can see the C point is from the 61.8 AB=CD Pattern.
Price completed the Head and Shoulders pattern.
4Hr chart shows rejection wicks below 61.8 level.
1Hr chart shows a breakout of the trendline
30mins shows divergence
Risk could be as low as 23 pips if taken from Fib 50 line.
Reward target 1 = 80 pips at .27 extension.
(But this trade could continue downwards....)
RUT: AMERICA'S REAL STOCK MARKET IS BEARTrades in a descending wedge channel all year. Former R now = S. NB: 0.618 Fib repeatedly rejected. Blue box marks pivot target; may reject sooner.
NZD/USD: Daytrade-Opportunity#SHORTHey tradomaniacs,
welcome to another free signal of WEEK 42 Nr. 3!
How to trade: Wait for the break below the base - We want to see a retest & rejection before we sell.
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Type: Daytrade
Market Sell: 0,62850
Stop-Loss: 0,63020
Target 1: 0,62699
Target 2: 0,62582
Target 3: 0,62516
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
Dow in C leg of ABC Correction: Bounce After or Rejection at TL?Chart says all. Looks quite Bearish but no capitulation as of yet. C waves tend to be fierce and furious. See what it does when Gap fills from 9/04.
Bulls will likely return for another crack at ATH if they can hold the line near 26200. SPX should find support near 2900, at least in this first downdraft. Second support at 2860; breakdown through these levels will likely lead to panic selling and capitulation down to August prices or lower. It is possible a Bear Market is beginning, but too soon to tell.
Have to see if an ATH can be developed by EOY. Trade day-by-day now and hold ur hand close! Rejection from the wedge TL on a bounce could lead to a fully developed 5-wave Elliott impulse downtrend. Failure in China will certainly precipitate this kind of Bearishness.
RUT is getting killed and shows greatest weakness. Expect Flight to Quality to boost US 30 more than NQ, RUT. SPY has been most Bullish of these and might suffer less.
Just an idea, not advice; trade at your own risk!
US 30: CUP & HANDLE UNDER TLThere it is; double bubble under the TL; test of resistance.
Critical juncture: may reject from Tl and sink further, or breakout higher to rally. Maximum risk now; holding no positions.
Longer term: Extremely Bearish.
Trade at your own risk! GLTA!
NZD/AUD: Swingtrade-Opportunity!#ChanceToSellHey tradomaniacs,
welcome to another free signal!
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Type: Swingtrade
Sell-Limit: 0,9495
Stop-Loss: 0,9510
Target 1: 0,9449
Target 2: 0,9429
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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. :-)
ltc/usdt will go down now !according to my analysis ltc/usdt will go down because it is retesting trendline break , making double top with divergence or M pattern just wait for a good bearish candle and take a short position or exit from a long position.
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disclaimer : I could be wrong please take trade at your own risk .
omg/usdt buy setup using trendline and support and resistance hi i am udit aggarwal i have experience of trading for 6 years and i am doing it full time just sharing my thoughts for omg/usdt for buy position because it is on support and is on trendline breakout just see good candle stick on h4 for buying and take trade ..
please do comment, like ,share and follow me for more setups :)
ALL THE BEST FOR TRADE
Dow in V-recovery; what can we expect? Looks like it's headed higher and the TL is not far above. Like many others, I expected a double bottom or a retrace but events have ruled that out for now.
This will be an opportunity to close out pension funds before it breaks again. Tar: 25040 or bust!
Don't invest on this idea its just my idea, not advice. GLTA!
AUD/NZD: Swing-Setup! Kissback of trendline! Nice SELL-CHANCE!Hey tradomaniacs,
welcome to another free signal!
Important: The next candle should show us a bearish momnentum!
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Type: Swingtrade
Sell-Stop: 1,06086
Stop-Loss: 1,06388
Target 1: 1,05695
Target 2: 1,05254
-----------------------------
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. :-)
Trendlines...Trendlines can be super powerful! Draw them onto the tops of the wicks of the candles, do not 'make them fit' and always be wary for a retest to get that sniper entry!
US 30 Rejected from Channel Trendline; in-day H&S, Shooting StarExpect gap down and significantly lower based on very bearish futures in PM. C wave beginning- soon. It might be very strong b/c it's a combo of primary ABC from Feb cycle and an intermediate ABC coming off the June swoon, both waves terminating at this juncture. Possible low target zone 23531 at Nov/Dec 2017 support. Good luck!
As always, this is not investment advice and all comments are only intended for education and amusement. Good luck!
GBPJPY ShortGbpjpy is testing the broken trendline. I think, its good to go short now.
Stop loss: 148.80
Tp1. 142.00
Tp2. 139.40
1 HR Bullish Deep Crab Pattern Setting Up on UJC point on the pattern failed to break the high>
B Point is at 88.6% on the Fibonacci>
There was a break of the orange trend-line>
Price is retesting the trend-line to continue the bear market>
The A-B-A Fibonacci Extension level - 200% (2) & 361.8% (3.618)>
The A-X-A Fibonacci Extension level - 161.8% (1.618)>
Between the A-B-A 2 & the A-X-A 1.618 will be my buy zone with stop loss below the zone>
AUDJPY Short analysis - 4hr chartFX:AUDJPY
Good risk/reward setup to short in direction of larger trend on this pair. Several confirmations lining up in a confluence zone:
- Supply zone
- 3 month trend line resistance retest
- harmonic type pattern forming
-Fibonacci cluster zone
Looking for shorts on any push back into that zone between 86.45 and 86.85, if price breaks the moving averages with momentum to downside short with risk above the swing high at 86.50
