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Buy-signal

EUR/USD Daily: Buy Opportunity FormingHi guys, the EUR/USD pair is completing a correction to the 61.8% Fib level on the daily chart, suggesting that the recently formed uptrend may continue. The price has also formed a bullish wedge pattern with an indecisive candlestick during yesterday's trade and a bullish candle in today's trade. My buy trigger is an upside break of the wedge pattern, with an intermediary profit target near the recent highs (around 1.14). Please take a second and hit the "LIKE" button to support our work. Thanks!
Long
by MujkanovicFX
dash/usdt on the exciting mood............Dash/usdt on 4h is developing a ascending chart pattern (seen black lines)along with great support to 100 ema .if it breaks out through the 0 level Fibonacci level it will shoot up to 27% gain and if fail to do so it will drop to a level of exactly 0.61 Fibonacci level(-22.24%) since you can clearly see here in my chart two Fibonacci level have been drawn which indicates exact behavior on retracement on both support and resistance indicated here with round red circles. note- Beware or red trend line as indicated by me on chart will act as a great resistance if breakout happens.this will create a trend reversal.
by rajiv100
1
GBPCAD, easy mean reversion tradeGBPCAD, easy mean reversion trade Just like the EURGBP, the GBPCAD is in a perfect condition for a mean reversion trade. It’s important to titrate your positions in a move like this because the end of the move has occurred, there is always a follow up capitulation drive that occurs. I am long at 1.6926 with limit orders below at 1.6907, 1.6873 and 1.6851. From the prior swing on August 15th, 2018, today is 280 days from that day – well within Gann’ 270-degree cycle of the inner year. This is one of 3 90-day cycles and because this move has formed a higher low, it’s perfect for entry against the square of price and time (which is on May 31st @ 1.6938). The RSI is at a 2019 Low and is the 2nd lowest low in over a year. And, shockingly, the Composite Index on the daily chart has reached the lowest level it has been since October of 2016. The moon phase here exacerbates the bullishness of this condition. Expect a VIOLENT move higher and without warning.
Long
by itsjustanalysis
12
Black Crack On The Rise2019 has seen some substantial gains for the price of Oil - Gaining some $23 per barrel in 2019 so far. Fundamental demand has driven this rise, as the US penalties on Iran (a major Oil producing nation) start to bite and reduce global supply. Note these fundamental demand issues have not been resolved yet and can get worse before the global supply catches up with demand. The 4hr chart below shows how there has been a clearly defined channel in which Oil has risen, we are now at the bottom of this channel. Presenting a great low risk - high reward trading opportunity. In the 1 hr chart (main image) we have a defined trendline covering the recent fall in prices. Note how this trendline has just been broken. Adding some more confluence to our long idea. I am setting a pending buy order within the green box highlighted to take advantage of the optimal buying price, if there is another bull leg commencing. This also limits my risk if the trade goes against me and the main channel in broken. Remember the main element to successful trading is defining risk and managing it effectively. This means only enter with a position size you are comfortable losing if the trade goes against you.
OANDA:WTICOUSDLong
by JoelWarby
3