GBPUSD POSSIBLE SWING!!!Price respected perfectly our PRZ
daily zone (blue support) and closed
4 times above the daily 61% fib (black one)
making 2 dojis in a row above it and breaking
that flag pattern completing the 2nd impulse
so now we gonna buy it for a quick intraday
set up with 1:1.5 risk reward
If you want to keep updated on this trade click the link in my Bio and join our free signal channel
Happy trading
Buy-signal
$F IS A CLEAR BUYLooking to buy $F at $12.00.
Hereis why:
1) They have a low earnings estimate that I believe they will smash.
2) Tonnes of great new products that sold like crazy this year; Focus RS, Mustang 350, Mustang 350R, Ford GT: ALL SOLD OUT
3) Best Selling Truck in the WORLD!!
I believe the Ford is the most undervalued stock in the transportation sector and I will be holding this buy until it reaches it's last highs of over $40 like I know it can.
Above you can see some estimates of where I think this stock is headed.
USDCAD Potential Long TradeHello traders... I hope you've all had a good trading week thus far and didn't get hurt last week during the Brexit. Trading this week has been quite difficult with most pairs consolidating and recovering from the Brexit volatility, there hasn't been too many opportunities. With that being said though USDCAD is actually setting up for a nice buy going into next week. Many traders have been getting excited to short USD leading pairs with the slow sell off that occurred throughout this week, however I think that they will be surprised to see a rally next week. Based on the way price action is trading it looks likely that the dollar will close higher by the end of next week. We are expecting to see the 128500 - 128000 area to hold as support on USDCAD and IF it does hold as support we will look to buy this pair on the break of the down trend line. IF this trade does pan out as planned it may be very fruitful with a likelihood of price reaching fresh highs above 139... keep an eye out for it!
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EURUSD Two Possible Scenarios EURUSD is at a very critical point right now... we are calling the 1.12250 level marked off with a red horizontal line the "line in the sand". The reason why this level is so important to us right now is because the overall long term trend for this pair is clearly bearish as shown below, however this latest miss with NFP has caused an aggressive rally. Where the red line is drawn is a very likely place for price to reverse at and rally again to make a new high and continue to the upside.
However if we fail to hold this level as support we will likely break out of the initial short-term up trend line drawn in blue and that will give us a good shorting opportunity for a quick scalp down to the second medium-term up trend line drawn in blue. If we can break that trend line then we have a lot of room to go lower.
Please do keep in mind this upcoming Brexit referendum which will have a HUGE effect on all EUR and GBP pairs so you will have to be careful trading them.
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GBPJPY: Heres to all the short term traders!Hey gang! Genesis here!
Found an Ascending Triangle on the Daily chart for the GBPJPY pair and if you look here closely on the 4H chart, price is hitting the trendline soon! One thing I really love about trading the insides of a pattern, is because they the entry and exits are so predictable!
What influenced my decision:
-Stochastics Divergence (oh, this is a strong one)
-Trendline support (Ascending triangle)
-Weakening price (look at it, price has been declining so fast and recently in about the last 6-7 bars, its been small tiny bars)
Exit at the major resistance at the top!
Good luck guys! May the pips be with you!
GOING LONGHere I've drawn up the fib retracement.
Swing Low to the Swing High.
Retracements are normally more responsive for a stong reversal at .618
Go Long.
Strop Loss would be at the nearest structure which is at . 154.466
I placed my TP at 155.155 because the resistance right their is very strong look to the left and you will see structure.
AUDUSD Potential Long SignalWith AUDUSD being in a strong bullish uptrend since the start of 2016, as shown in the image below, we are only looking to play this pair to the upside.
We will continue to hold this long bias until we significantly close below .74.
In order for us to get a signal to go long on this pair we will need to see price action break above and close above the red short-term trend line that is acting as resistance on the hourly chart. We will also need to see confluence from our price action forecasting algorithm predicting a move higher with a percentage of 85% or higher.
Currently our algorithm is predicting a continued move to the downside, but then sharply reversing to the upside with a forecast predicting chance of 87%.. we will continue to monitor price action and our algorithm for forecast updates and will notify you if we execute a long position. See the below image for our algorithm's forecast for this pair.
i.imgur.com ]
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AUDUSD Potential Long Signal UpdateTRADE UPDATE
Previous analysis:
Please see original analysis linked below for in-depth explanation of our long bias.
We are still awaiting a break above and close above this red short-term down trend line on the hourly chart to execute a long position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the upside with a chance prediction of 85% or higher. Currently our algorithm is predicting a slow movement to the upside with a chance prediction of 87%, but we will continue to monitor price action and the updates from our algorithm.
See the link below for an image of our algorithm's forecast for this pair.
i.imgur.com
If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals!
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AUDJPY Potential Long Signal UpdateTRADE UPDATE
Previous analysis:
Please see original analysis linked below for in-depth explanation of our long bias.
We are still awaiting a break above this red short-term down trend line on the hourly chart to execute a long position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the upside with a chance prediction of 85% or higher. Currently our algorithm is predicting continued movement to the upside with a chance prediction of 70%, we will continue to monitor price action and the updates from our algorithm.
See the link below for an image of our algorithm's forecast for this pair.
i.imgur.com ]
If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals!
Also follow us on all of our social media:
Twitter @ Unique4xPro
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