Bearish ButterflyWaiting for valid entry. Bullish trendline has to be broken as long as the pattern is valid.
Waiting
Probable bounce in GbpAudGbpAud has already gone down a lot, but! That previous trendline down there coincide with the 50% Fib retracement so... I'm waiting for it to reach that point to hit with some buys, meanwhile I already sold it.
Let me know what do you think.
Simple AUDJPY trade LONGVery simple idea from mine.
In the coming weeks, the AUDJPY will be facing a major support levels on 72.
I was extracting the data from long way back so we can see that the AUDJPY had been facing this level several times in the past and we should the price to react the same
70-72 is my buy zone, if we see that it cannot break this level then i will be opening my position if i see a bullish confirmation candle
This is the long trade, so i even though i put a red arrow there, i do not encourage shorting here even though you might gain 400 pips if it went to 72
Expect the price to bounce to around 88.
Patience is everything,
Good luck
TCT Trade But Waiting for Double Bottom For Long Opportunity TCT Trade But Waiting for Double Bottom For Long Opportunity
cadchfupdate on lastcadchf chart.
watch the 5-3-5 zigzag which is forming now. upmove is not strong enough to be an impulse i think.
Crude Oil (BRENT) Ascending triangleChart speaks for itself. Long above 42.6 / 42.7 area and Short if it breaks the short term trendline.
Just an idea! Comments are welcome!
USD / JPY Buy SetUp - WAITING FOR THE FOMCUSD / JPY Buy SetUp - WAITING FOR THE FOMC
iT SEEMS LIKE WE HAVE A GREAT OPORTUNITY HERE, WILL GIVE THE INDX AN IMPULSE AS WELL, LETS SEE WHEN THE MARKET START TO MOVE - IT CAN BE AFTER OR BEFORE THE NEWS.
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