Tight stop loss major trend broken move stop loss to new lower low as price moves higher
Keep away from sidewalks under windows. MACD: RSI: Will the monster eat you too?
Short Jamie Dimon's shorts I don't know what else to say.
Many confluences to the the downside, Very strong short opportunity which could yield yearly returns. Reasons fro the trade are shown on the chart! Please like or comment.
GBPJPY has broken the main trend line due to the help of NFP today. i believe that it will try to make a quick correction to test the trend line before falling down and making new lows. lots of pips to come in the coming weeks, i will be posting more updates on this par and maybe a few others please follow me for the most up to date information. please take trade...
Failed to maintain support, Failed to break resistance (triple top)
Charts speak for themselves here ;) SIGNAL GIFT <3 Entry. 1.43000-1.4210 Target. 1.3800 No i don't wait for news. Fundamentals react with Technicals
Price just broke the trendline and is expected to go further up before retracing down.
Simple trade (just he way I like them). We'e seen a sharp decline in the UJ and will we see it continue? Be aware of any BOJ intervention here but that aside I think we can see more downside.
Price has successfuly broken up its short term downmoving trendline. After this I expect the price will retrace somewhat to 1.0820/30, then it's moving to the upside until 1.0890/1.0900. Alternatively it can move directly to the up without any retracement (but I doubt). Any hourly closing price back below the drawn trandline will negate this idea.
The EURCAD has multiple times hit the important level of 1.463 (purple box) but has now finally broken through it. We look to short it when it retests this level as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this one as price should...
Confluences: 1/ Trend 2/ Pin bar ( undecision - continuation? ) 3/ 0.74 level used as resistance 4/ Fundamentally very weak AUD against the strong USD
Despite what many think, long term support and resistance trend lines have been perfectly symmetric and not broken. So, there is no reason to panic. The trend lines showed are cloned. They have the same angle and the price has respected the trend without any false alarms. However, for investing, I don't think it's an appropriate moment to trade, as it might can...