Break
OIL up channelIt seems like oil main trend is up and both channels are up.
So I'll wait to see if resistance will be broken - then buy it as support or wait to buy a dip.
Best of luck :-)
NZD USD SHS forming ?maybe just maybe ;-) a shs is forming ...break through trendline already done now give me a right shoulder and a neck break to get in...
if you seek the risk try your luck in smaller timeframe when a right shoulder is formed ....or you stay patient until we see a neckline break of this small innerTrendline/neckline..
if we break through support the idea is gone ...if we stay above there could also a double bottom coming in play...we will see... too much guessing and predicting
we have to react not to predict my friends :-)
letz time and price show us what to do ...
USD/CHF reversal!We had first impulse for this pair. This is the type of impulse we are looking for reversal. Watch price action break the high for trend continuation.
Breake Below Close BelowMarket is currently over sold on both the 4 hr and Daily. Expecting a bullish move on the hour candle as a false breakout, then a fall in price. will enter this trade on a break-below close-below candle and once my rules are met.
Past performance doesn't gurrantee future profits. This is for informationl purposes only. Trade at your own risk.
GBPUSD Finished Retrace, Good To LongIn the chart, GBPUSD has finished retracing to the downside after the break last week. If you check the 4H chart price is already rejecting the 1.30 area.
USD CAD Buy SwingAbout to hit the monthly support at 1.26
Broke weekly support heading down to monthly then it may retest or break further and head up
could head to the 1.253 level where the impulse break was
SMI20 (Swiss Market Index) LONG projectGreetings, traders!
TVC:SSMI reached point IV of the bullish wolfe wave and after failing to break the resistance level(s) is heading South to point V.
If this point is reached and reversal of downtrend is confirmed by forming the local low and supported by divergence/volume/data, it can become a nice long opportunity.
GL All!
ETHUSDT to bounceSell-off is not through as yet, but expect a bounce back from 200-210 levels back to 240 before the final push below 200 comes about. Volume on the current sell-off is just too unconvincing for the break to happen on this attempt.
Aud Usd looking for ShortLooking for a short after price formed multiple trendwaves to the upside ( at least 5 in this case) now we are almost at the daily falling trendline as we see....all we need now is a shift in momenum ..i wanna see a abreak lower ... at least 2 possible entry areas for the patient trader here ...waiting for price to break n close the 2 support areas ( black lines)
maybe 1/2 position after the first one ...other 1/2 position after second support breaks ....we will see how we can play it ...
guessing is nothing ...reacting is all
stay patient and keep it Winning
USDJPY getting ready to breakFX_IDC:USDJPY is getting ready to break. We can expect both ways but because the trendline was broken we can expect move to the upside.
USDJPY was downtrending for more than a half year without any bigger moves upside so we can expect a break.
Good luck with trading.
Trend Breaker USDJPY- H4USDJPY Bullish now on the H4 time chart since it broke this down trend.
There was already a small retracement on this uptrend. Target is set at 111.499
AUD-CADdouble bottom is loading ...
after the breaking of the neckline >>> price will reach to the curve ...
Channel Break EURCHF-H1You see here that the price action is:
a. Broke Above the 3 moving averages we have on our chart
b. It broke a channel on the H1 time frame.
This is a combination of a break of a channel and another strategy that uses 3 moving averages. Lets see the results...
GBPAUD SHORT term(if the trendline break)GBPAUD SHORT term(if the trendline break)
Wait good breakout confirmation before short
USDEUR: Neutral now but likely to break higherUSDEUR: Stuck in near term neutral but a break is coming. As things stand now that coming break looks to be upwards, not downwards so long as today's lows continue to hold
