AC is already in a longer downtrend on the daily TF. On the 4H TF we broke the last support area wich became resistance. Now I'll look for a retrace back to this broken support zone. From there I'll see if there are short opportunities.
Wish you all the best trades this week!
Let me know what you think about AC
EJ has been in a clear downtrend the last few week (1D TF). on the 4H TF we have a rising wedge. 2 fakeouts last week and a bearish divergence. I'll wait to see if price breaks below the support zone wich has held for the last few days (green zone). after a retest I'll go short on EJ.
Wish you all the best trades for this week!
Let me know what you think of EJ
on the daily TF we have a downtrend for the last months, on the 4H TF price was trending back up to the daily upper trendline. last week price broke this 4H upward channel. now I'll wait and see if price retraces back to the last broken support zone,wich will become resistance and also we have a 61.8 Fib level in this broken zone. this trade will provide us a nice...
EU broke the upper trendline of the falling wedge, after that we broke the resistance zone and retested it sucsesfully. I'm long with a TP set at the 1.19400 region wich is the highest point of the falling wedge.
on the daily chart UC is in an upward channel, currently consolidating towards the lower trendline. Let's see if we can break the resistance of this consolidation. Looking for a retest after the break, if we sucsesfully retest the resistance I will go long with a TP around the 1.27700 level.
Wish you the best trades for this week.
Let me know what you think!
Here's my idea of UJ, we are on the top of a nice channel and it looks like we're going to reverse here. Let's see what happens this week.
Wish you all the best trades!
Let me know what you think about UJ
Hello, I'm looking for UJ to retest the 109.800/109.900 region wich contains a strong support level that broke recently. it also has a 61.8% Fib level. I will wait for a momentum shift and see whats gonna happen.
Have a great trading week everyone!
Let me know what you think about my idea!
As you can see, the daily trendline was restpected well for the third time creating multiple tops and rejection. also we broke our 4HR trendline. bulls are losing control and bears are taking over.
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I wish everyone a great trading week!
Nice AU trade running. just opened a second position before market close. let's see how this trade works out this upcoming week.
Have a good trading week everyone.
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The price on AC makes a fakeout above the daily resistance zone (red zone). Price came back and broke under the zone while over sold (see RSI) Price is retracing towards our strong resistance zone making a rising wedge, while doing thet the RSI Rises as well. Waiting for some rejection or bearisch pressure to get in this trade. Take profit is set on the 1 and 4HR...
as you can see we have a nice compression on our 4H TF, in combination with our rejection of the daily 38.2% fibonacci level. waiting to confirm this setup with some bearish pressure.
let me know what you think.
Looks like a nice upcoming NU short. First we have our daily broken trendline(white) then we have our bear div wich indicates a possible reversal(red) then we have a double top in a weekly resistance. Last but not least we made a lower low, now I wil wait until price breaks and retest my support zone(tested 3 times) before entering a short.
Let me know what you...
Last weeks we had kind of a ranging market. The market makes two rising wedges wich can indicate a reversal. I'm only looking for a short after the break of this 4hr range within the red boxes. I'm not looking for long trades because there are large wicks wich can contain a lot of sell orders. so if we break to the upside it would probably only ne tp grab some...
AU is currently running into a weekly supply zone. based on the rejection on the 4hr TF I think we will break our uptrending trendline and retest it. after that we can see a nice drop.
I think we wil have a little pullback. As you can see on the daily chart we have a fresh orderblock around 136.920. After the little pullback we'll probably see an upward move into this fresh orderblock that als contains the 61.8% fib level. And we'll probably see a bearish divergence on the RSI and the MOM indicator. I guess Thursday or Monday I will go into a...
