Nice rejection from resistance last friday and price has reached SMA20 on daily chart too before closing. This means that price could do a pullback and give us a better entry for shorting. For entry look for pullback up to 0.57200 SL above recent highs TP down at 0.56000
Looking to short Usd/Cad from resistance and take it back to 1.3900 area Entry at 1.45000 SL 1.46080 TP 1.39400
Price filled sunday's gap and from there we got a strong impulse down. Price also stuggled to go up from support at 0.83000. Bulls were weak or there was low interest in buying. This tells me that price may go down lower and at least take out week's lows. For entry wait for some pullback or open a small position and add to it later. This because friday ended with...
Look for longs at latest support around 149.000 ST Under lows. Primary TP at falling trendline. Secondary TP at last highs If price decides to continue lower look for retest at 149.00 and further drop towards 140.00
As we know USD has been strong for all autumn and winter. Now with Trump in the office and uncertainty in markets we can expect big moves in both directions. In current moment when writing USD is testing diagonal trendline and it looks like it can break at any moment soon. Watch and wait for price to show what it wants to do. If it holds line and goes up wait...
When it seamed Eur/Nzd will go up to retest resistance, atleast, price broke down sharply on friday. Price is corrective and it can happen that support will hold again. But looking on daily chart we can see that there are signs that sellers are stronger than buyers. Wait for pullback and look closely how buyers are reacting at support. If they are agressive, wait...
Strong impulse on last sunday took out current lows and from there price moved up strongly. This for me indicates that price will continue higher. Wait for price to correct it self and come down to support at 0.62100. TP 0.63500 SL
On longer timeframe I am looking for shorts on Eur/Jpy but in nearest time I expect some kind of pullback up to MA20 and possibly up to trendline seen on dailychart. For entry look for confirmation in priceaction. It may take couple of days into next week to see what price wants to do. 154.500 is a good place to enter. If price falls straight through support than...
This idea may play out. Read inbeded text for actiontaking. There is a big resistance above weekly wiks, however both GBP and CAD has been weak since september and there are big news coming out on GBP tomorrow on 5th february. Be cautious and follow priceaction closely.
Currently I'm holding 672 DOT coins long term with average price of 6.9$. I plan to add more at 3.6$. Why? Dot like majority of cryptos has been dumped on last sunday and we saw a big pumps up on monday, but potential for more downfalls are expected in my opinion. Also this is how markets move. Primary push up will often be taken out to liquidise long positions...
Stronger CAD in last weeks has created consolidation on cable. But on friday we clearly saw how USD broke out of range and closed above range. I anticipate price moving higher to major resistance back from 2016 and 2020. For entry wait first for pullback back to new support. Enter only then.
Possible upside for this pair. it can be time for pullback. Price on daily chart trends at 20 day moving average. And last day had strong buy pressure. For targets look first at 1.53730 and for second target look at 1.57028. Stops should be below last low.
Risky but possible trade for long side. Pair has made a decline in price. So this can be place to watch to buy into this zone and set TP to last high. Trade safe.
Easy idea. Support and all indicators are showing oversold on this pair.
Some kind of pullback will come soon. Have small stoploss and close priceaction closely. Because shorting can resume to further downside.
AUD/USD is soon trading at diagonal channel's support line. I'm looking to buy this pair and trade it as a swingtrade.
I like this setup a lot. Cad has been sold off lately. Some kind of retracement is needed soon. We saw bulls try to push price higher but it went down again at 83.500. In best scenario I want to see price go lower than 81.400. Down there I will definitely buy some lots. More info in the chart. Happy trading.
Hello guys. All needed info in the chart. For now I'm holding shorts for longer term but scalping both on longs and shorts for shorter term.