Break
Weekly trendline break may happenContinued Euro weakness and uncertainly may strengthen the Yen. Technical trendline break is a possibility if the pair close below for the week. Considering cloud analysis, its still very much bearish but it is at a level of support which may stall the move down. Will have to wait for price action to indicate otherwise to proceed with long sell of the pair.
If trade is taken, there is a 300 pip risk for a profit of 600 for next support level.
USDCHF Short Entry1. Dovish Fed comments
2. Technical Analysis breakdown
- has respected 0.618 level Fib entrancement
- minor trendline break
- safe haven move caused my ongoing uncertainties in the global market
GBPJPY breaking out of the Uptrending Channel in H1GJ today with the News, broke out of the Uptrending Channel where it has been for the past days. Now I see 2 scenarios:
a. It retests the Channel and dives down
b. It breaks back into the Channel and continues the Uptrend
Polymath is prepairing on bullrunPolymath consolidates after strong sell-off and it´s prepairing for bullrun.
Buy POLY now or after breakout the red box which is strong resistance zone , set limit orders into the green box in the chart, place stoploss below 1060 sats . and set targets into the orange boxes.
Are you prepaired for ONT bullrun?Just buy now, place stoploss below current low 1540 sats. and set take profits into orange boxes in the chart.
EUR/USD 1H RECTANGLE WAIT FOR LONG BREAKOUT EUR/USD 1H RECTANGLE WAIT FOR LONG BREAKOUT
SUPPORT TESTED 3 TIMES
CAD/CHF Nice short opportunityWEEKLY: Price on downtrend making LH & LL since aug 2017
Nice price rejection at 0.76 with double doji
DAILY: Price broke the trendline with nice double top
Rejected off support & fib 61.8
4HOUR: Downtrend
CONCLUSION: I will be looking to short this pair if we can
manage to break through first support and the second one
which is also the neckline. Previous low will be the target
COLM ShortCOLM credit spread will be setup tomorrow and it'll be 90/95 Credit call Spread. EXP June 21
Support broke and it fell below $100 it may continue to fill and go a little bit lower. SPY is going lower as time goes on as volatility continues
believe it or not... this is the next Bitcoin price targetMost probably we will visit 4k level before we sky-rocket to hit all time high as pointed in the chart.
GBP/AUD TrendLine&Resistance HOLDING !!!ANALYSIS ON GBP/AUD PAIR:
*-Price broke through the consolidation zone between 1.845 & 1.875
*-Price broke the trendline & retested it
*-Full body closure below 1.845 which has played as a strong level
*-Moving averages almost crossed
*-On 4H timeframe we have a bearish spinning top
Next destination on this pair is the 1.795 support level.
Trade carefully because this pair is really volatile!
USDEUR IS OVERBOUGHT A DROP IS COMINGUSDEUR has high probability to drop, reasons:
Overbought (Yellow) in 85m 2H time frames indicated by "9 Seasons Rainbow Multiple Time Frames Pattern PRO" Indicator;
RSI Divergence
Previous Resistance: 0.892
Previous ascending channel has been broken.
Target 1: 0.884 Fib 0.618
Target 2: 0.881 Fib 0.382
Target 3: 0.873 Fib 0.236
STOP: 0.893
Some factor that against this idea: 1H Crazybought (Lime) means Bull has just overcome some resistance and is still strong, this may keep them longer on the possible Top.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
ROST DowntrendRost is breaking its support levels and falling, if spy continues to fall.
ROST may move lower as retail is starting to weaken.
Target set on chart.
