S&P 500 Short Setup and potential PlayoutOANDA:SPX500USD
So SPX broke through BTL 1 of our Channel with a bigger 1H Bearish Candle. The SMA 100 & SMA 200 are starting to flat out but weren't crossed yet.
When that move to the Downside continues, I would wait for a little Pullback on the 1H and then, in Confirmation with maybe the 4H, open a Short
Position with the Target 2638.36!
I did some Fib and SUP stuff in there, because Fib is pretty reliable on the 1H, so this `COULD BE` a `POSSIBLE PLAYOUT`for that Short Position.
Pretty simple. Just look a little bit to the left (the past) and you will see that my Analysis could actually work.
Be patient and look out for those Setups, we will see! But SHORT move coming soon for sure.
1d
BOEING CO 1D TWO SHORT TRADING STRATEGIESPrice is in a descending triangle chart pattern
Bottom support triangle trendline @ 367.10
Trade 1 - EFC Indicator finds Entry and TP levels
Short Entry alert @ 372.28
EFC Take Profit level @ 300
Trade 2 - Breakout of Bottom Triangle Trendline @ 367.10
Enter with 1h breakout candle close
Sup/Res level Take Profit @ 352.83
Find your SL
NZDJPY 1D/1H ASCENDING TRIANGLE TRADESPrice is in an ascending triangle chart pattern
There were 4 failed Bullish breakout attempts of the triangle top
Price is falling to triangle bottom trendline
1H Short trade
Sell Stop @ 76.20
Sell TP at bottom triangle trendline
There will be a decision point at the bottom triangle trendline
Long trade
Price will rise up to the top triangle trendline
Bullish breakout of top trendline
Enter on a 15m break-hook-go chart pattern
1st Buy TP @ 77.42
2nd Buy TP @ 78.17
3rd Buy TP @ 78.68
Short trade
Price will have a Bearish breakout of the bottom triangle trendline
Enter on a 15m break-hook-go chart pattern
1st Sell TP @ 73.53
2nd Sell TP @ 72.04
Find your SL
gbpnzd short term bullish but long term bearishon the gbpnzd, price formed a large rising wedge pattern while creating a smaller version straight after. I believe price will touch support zone as it has been tested many times from the two patterns.
lower timeframe consists of different setup so stay online for that one.
usd/chf short term bullish, long term bearishOn the usd/chf, I see a major bearish move from the resistance zone. Waiting for minor bullish flag to break out and retest the resistance. Looking for market to delve into lower prices at around approx 0.94 and 0.92 area range
Break from the bullish flag could be used for short term long trade while waiting for price to reach resistance zone.
Around the resistance zone is where I will be looking for entry on lower timeframe.
GBPNZD DOWNTREND CHANNEL AND TRIANGLEFX:GBPNZD is in a downtrend channel. It had touch the upper resistance of the channel and triangle. The price could go down near the previous support, being the first take profit. If the price keep going down can be reach the 50% fibonacci extension of the trend, being as well the 88.6% ab harmonic pattern that could be formed in the future. The indicators like the RSI shows low strength going down and currency strength are both on 58 level. GBP stregth shows can be weaker than the NZD
eur/jpy bearish set upOn the daily chart, the euro seems to have hit a new formed resistance which has been tested twice already. I'm expecting price to form a lower high than a lower low to confirm the bearish trend.
Would suggest selling at the break of the pattern if you want to wait for confirmation or you can sell below the resistance line if you're an aggressive trader.
aud/usd falling wedge pattern has occurred from the 1d and lower. Looking to go long since the price bounced off the support line very nicely.
lotsizes and RR's are listed on the analysis as well and pictures of the further analysis on the 15 min chart will be listed as well. Make sure to check that out as well.
trade safely as well guys.
POA BULLISH DIVERGENCE ON RSI AND MACD Hi to all.
As BTC going up, we have seen some nice pumps with altcoins. I think that PAO is next. As u can see, it is clear bullish divergence on RSI and MACD on 1D TF.
Also MACD is on positive.
CAD/CHF 1D RSI DIVERGENCE MUST SEE Triple hit of support with RSI divergence.
Using heikin ashi smoothed (2-2) waiting for confirmation green candle.
Health and momentum is weak
Simple analysis but don't need to overthink this one.
Enter trade on 4 hour for tighter stop loss VERY important you know how to do this right.