AUD/USD: trade to start week #11 Lots of confluences for this trade to get SHORT as u can see from the chart:
Resistance
Fib level
High test candle
Deceleration
50 ema bounce
Up!
NZDCAD - Selling Set Up - CAD Strong at this time !NZDCAD - Selling Set Up - CAD Strong at this time !
BTCEUR New Set UpLast time i saw a set up but it doesnt triger , lets see if this Set Up Breaks out nicely
Up is Up!Looking like a flag at this stage, which may terminate at the .618 range. Upwards trend should continue and with the next push up we will test the previous high at 3130. Whether we break through this time or not is still in the air.
However I firmly believe that we will ultimately break this line and move on to test 3340.
China in turmoil means money for usAfter the crash of the chinese stock market (which happened twice!), a BUY oppourtunity up seems like a very strong opportunity that exist. Currently USDCNH is in a pendent formation. My bet is that it will go
I've personally never traded this pair before, however it is a rare opportunity and possible capitalization exists.
EURAUD POsible consolidation before it goes up again !EURAUD POsible consolidation before it goes up again !
Bearish & bullish Gartley's on AUD/CADLooks like we could go either way here.
Still a way off, but these are on my radar.
Wanna know why you sould Long BTC? Take a look here!go long because of:
- increase in media attention
- lots of international organizations are now supporting the value of blockchain and bitcoin
- macd is pointing up
- crossing rsi pointing up
- increase in volume
- steady growth in price & volume since november/2015
Maybe the big players are trying to replicate the 2014 spike to 1K USD per coin??
Who knows...
CHF/JPY: So many confluences for going short!Confluences:
1/ with the recent formed downtrend
2/ Broke TL + retest
3/ Tested the 130.000 weekly resistance
4/ Bounced of the 50% fib.
5/ high test, followed by inside bar set up, followed by another high test
6/ 50 & 60 EMA's bounce
GBPUSD CABLE SHORT LONG TERM BIG DROP COOKING £$Drawn S/R on W1 very strong levels, Fib retrace shows 38.2% reversal occuring CCI Dropping. First target 23.6% - Second 0% - Stop on kumo support but will we test it at all? who knows :)
AUD/USD Analysis 30.04.2015Background:
Aud/Usd Remains in a downtrend but we found support @0.75600 ish level and price found balance,
we formed a minor range between 0.7560 support and 0.7914 resistance , where price broke thru resistance
but price traded back into the broken resistance, however its not over for the bulls as the up channel is still intact
and if we find buyers we may head back aboove to retest the current high @0.80600
Signs of Strenght:
price found support
broken resistance
up channel
Signs of Weakness:
Downtrend
broken resistance didnt turned support @ retest
Key Levels above current price:
80750
82500
79800
Key Levels below current price:
78180
77200
75600
sidenote:
A Trading channel is nothing but a diagonal trading range where the upper limits is the oversold level and the lower limits is the oversold level , whereas the mean in this case rising represents fair value. and as it rises so does demand , if price fails to take out the lower limits of the channel and we break the RED trendlines this indicates that demand is in charge and any higher low can be used as an entry signal for a long position
