Hi guys, USD/CHF just broke its triangle to the upside with higher highs and higher lows a resistance which has been broken. Volumes just surged as well suggesting it's going higher. I am buying now at the market and will be looking to sell at the next fibo level. *** Trade at your own risk ***
Potential triple top forming on the dollar index. If we see a rejection from this third top then we will see some dollar weakness across the board.
Look for buy setups! Maybe hold for even longer since we are literally at the BOTTOM of oil ;)
Sell USOIL. We will see Fibonacci retracement to atleast 0.236. Hit the like button if you find it helpful and informative and follow to catch every wave correctly. Previous Analysis
Here we see how it broke the upward wedge and it could possibly continue down for a nice short entry. I am hoping to get it before it continues down.
Hi guys, NZD/USD seems to show some weakness and volumes suggest it could potentially break lower. Price is below EMA200 and its daily pivot. I am shorting now at the market and I am targeting 0.60130 which is a fibo level. *** Trade at your own risk ***
Hello Traders! Like mentioned in the last analysis. This is my analysis of the bigger picture. Why do we need the bigger picture? This should be pretty clear. We can not always trade on the lower timeframes just because the charts look good for that specific setup. It is important to trade with the overall direction of the market. Therefore all you trade setup...
- Break of descending TL - Fib Zone - Waiting for a clear buying signal
EURUSD Pulling back from recent highs after failing to breakthrough 1.01. We're currently seeing a rejection from key fibs and our support area. We are now looking on the 4HR for entry opportunities if this area does hold and we see a push over the 200MA. Targets would be to retest the previous highs.
I entered short this trade a couple of minutes ago. Volumes suggest we are having a pullback and the structure looks for the moment to be parallel. I will monitor the position in case it goes against me. *** Trade at your own risk ***
Another small trade which involves around 50 pips; looking for a closure of the bar out side the blue channel.
Expecting a bounce at blue and a dip to the greens !!!
ALOHA traders! Hope you all had a dominating and profitable end of April! Here's a two trades, one that that I missed getting into but was able to capture a second minor move down where I was hoping for it to break down. The position I got in only lasted for less than a day, 14 hours with a manual close of +.73%. I was okay with closing it as I didnt want to...
This pair can go either way but I am more inclined on the sell! Look for sells!