As JPY pairs have been gaining momentum, I´ll enter a short at 109.40-109.35 if we see a break of the trendline. Trade safe traders, regards! ;)
EURUSD broke a daily trendline and I was expecting an retest of the trend-line but I see bullish Pa slowing down. I setted a sell stop at 1.1290 at the break of that 4 hr trendline that has been developed for the last 2 sessions. Target: 1.10 Let´s see what happens. Trade safe traders, regards! ;)
I´ve been watching gold since it has been ranging till it reached 1205. I see there has been a break and retest of the down trendline (yellow circle) Weekly candles look very well bullish and the 1200 support area wasnpt broken. I see gold reaching Its last high of 1280 and if we break it we can see the same advane as the range it was stucked in, which is...
I am looking at a bearish scenario in EURUSD. I had a profit on the long side and was stopped at +30 pips. We had a rejection of the 1.1440 area. And now bears are taking back control. The trendline is being tested and seems that is going to be broken. I entered a small size, I will wait for a clear break to enter my entire position size. I see EURUSD at 1.11...
So I had a sell stop which was trigered with the break of the bullish trendline My targets are. 83.50 and 82.50 let´s see what happens, Trade safe traders, regards! ;)
EURGBP0.06% has made a doble top, bears are very strong in the .79 area, and let´s see if they can push price down. I settled a sell stop at .7875 for what would be the break of the outter trendline. Targets are shown In case we see a upside move we´ll see .80-.81. Trade safe traders, regards! ;)
So we have a retest to the broken trendline and we are about to break the new bullish trendline I put a sell stop at 112.64 and target as 110.40 which also confluences with a weekly key level Let´s see what happens. Trade safe traders, regards! ;)
I was short on EURGBP due to the trendline I had in the other post but my trailing stop was hitted at the small amont of +10 pips. Now I see that the pice respected the upper trendline and broke the downtrendline and also retested it (Red circle), now we have a strong daily close and a posible break of support which will lead us to .8140 I am also short GBPUSD...
The USDMXN0.14% has been in a forever bull trend with several retracements, After today´s candle I expect price to break the trenline and test the 16.50 area. Mexican markets will be closed on friday, therefore we might see low volume . Let´s see what happens Trade safe traders, regards! ;)
following the Elliot wave theory, we can expect a new lower low now that we had a lower high in the upper trendline. sell limit at 2.1150 for better entry on the trendline restest Trade safe traders, this is a extremely volatile pair and it makes 200-300 pip moves on a daily basis. Regards!
CADJPY tested several times the 86 level for further uside but was rejected, let´s see if we see a trendline break to the downside. I setted my sell stop at 84.90 . TP1 is the touch of the lower trendline in the white circle. I´ll consider opening another position if we break also the other trendline. Let´s see what happens, trade safe traders. regards! ;)
So XAUUSD has been crazy lately, I´m still waiting for a long trend, and let´s see if this is it (Finally LOL). I profited in the short side of this pair, but now with the FED it´s back in bull territoy. The fib says it respected the 618 retracement fib in the daily TF and let´s see if we can now reach -.27 and -.618 levels. I´m still not in this trade, I would...
We broke the tested the .618 fin and broke the trendline, targets are shown. Trade safe traders, regards! ;)
I had a long view on XAUUSD on last thrusday daily candle close, I setted a Buy stop at 1280 but it was a bull trap (Yellow circle) I was trigered, price came back down and I had a loss. Now it seems we are about to break the trendline to the downside and retest 1200. I already shorted at 1250, and I have a sell stop at 1240. Let´s see what happens! Trade...
We have the UC0.00% at a level where it has 2 break either a bullish or bearish trendline. If we break to the upside, (Which is the most probable), I have as 1st target 1.3450 and if we break that level, we set targets to the upside and 1.45 as last target. Buy stop at 1.3390 If we break to the downside the black trendline we would be breaking the longterm...
Chart explains itself, I was triggered in NZDUSD today, we clearly broke the daily trendline to the downside. Trade safe traders, Regards! ;)
NZDUSD suffered strong selling yesterday when their central bank surprised markets when they reduced their interest rate in .25%. Price fell till the daily trendline if price breaks it. I think we will see .6570 and if that level is broken, .6470 I was burned last week when we opened the week with a gap, but lets see how this works. Let´s see what...
The pair broke the triangle to the upside and tried to go higher, but was rejected at last high in .7770´s area. If we break the support to the downside we will see .7550´s area. I placed a sell stop at .7690 in case we see a strong break to the downside Trade safe traders, regards!