1. Price moved nicely in 5 waves from the bottom to the upper channel boundary. 2. Than it started to consolidate nicely in the form of flag below the upper boundary of the channel during this "deal/no deal" Greek circus. 3. ABC correction retraced to 38.2 fib of the 5th wave. The level nicely held several attempts of the bears to push the price lower. Target:...
1. KD + double top & break of the structure (through the purple line). 2. Price back in the channel & retesting broken structure resistance at the moment. 3. Missed daily pivot at 192.70. Go short targeting missed daily pivot or 50-61.8% fib retracement of the recent impulse up. SL goes above the recent highs. It's counter trend trade so be carefull...
1. This furious trend deserves correction (check daily/4H charts) 2. KD present on different timeframes 3. bunch of missed pivots below the price 4. Looks like EW ending diagonal pattern formed on the chart Go short on break of the green trend trend line. Target: - initial: unhit weekly pivot at 2.2727 - whatever market gives, it may retrace substantialy,...
Possible flag formation. Go short on break of the purple line & break out of the flag formation. Target: next level of support aroun 1.10 SL: above today's pivot - 1.1190
1. Bearish divergence (KD) & fake breakout from the current range. Go short on break of the blue trend line. Target: bottom of the range - 1170 SL: above today's pivot - 1195
1. Bearish KD 2. Possible double top Go short on break through 11780 (purple line) SL: above the highs TP: 11680
1. Bearish candle stick formation on 1h chart 2. KD on 5 min chart (momentum/price divergence) Go short towards missed daily pivot below, maybe even retest of important level of 54.00 (proved several times to be resistance) Target 54+, SL: 57.00
Go long Aussie on break from the flag formation to ride wave 5, targeting 0.773 - 0.774 area. SL goes below 0.7652.
1. Beautiful flag formation forming 2. Here we are testing lower line around 0.382 FIB retracement Going long at market targeting recent highs, with SL around 11550
Go long on trend line break, targeting recent highs. MM candles are about to turn green. 11845 level stopped the price several times, SL goes below this level. Target: 12200.
1. Momentum divergence on 5 min chart appeared at 50% fib retracement of recent move down, formed with overbought RSI. 2. Trade short on break of the purple trend line targeting recent lows. SL: 49.60 Target: 48.60
1. Momentum divergence on 1H, 15min & 5 min charts while RSI overbought. 2. Unhit weekly pivot below the price. 3. Trade short at current levels towards weekly pivot with stop above the highs. Target: 11120 SL: 11240
1. Current price dancing around important resistance (0.98) 2. Possible bullish flag formation Trade long on break higher from the flag toward next resistance level around 0.995 SL: below this week pivot: 0.976
1. Divergence on momentum + overbought RSI 2. missed daily pivots below the price (118.83) 3. multiple reversals at horizontal resistance (119.30) 4. Trade towards missed pivot below, to the bottom of the range (118.30) SL: 119.40
Looks like first impulse to the downside has finished with nice double bottom. It might be an opportunity to take advantage of some corretive move higher to unhit weekly pivot. Target - mentioned pivot at 9722, SL tight as we may quickly reverse and resume the downward momentum
I'd love to see the 10025 level being tested from the downside again. Nice harmonic movements here - XA move is a perfect AB=CD pattern.
Flag pattern has formed after significant resisatnce break. Go long on retest of the resistance level. SL below the weekly pivot point around 9990 Initial Target: Recent high around 10090 (take some profit, move SL) Another target - measured move from the flag pattern
Bullish CRAB pattern has formed on EURUSD. You migh go long on current level (1.2325)and target either horizontal resistance at 1.236 or higher levels (0.382 fib retracement at 1.239 or , unhit daily pivot at 1.241). SL goes below 1.23