GBPUSD 15MIN SHORT SELL Once price breaks the channel to the upside look to short with the above stop loss and tp level. TP 1 is at 1.2465 tp 2 is 1.2412
Channelbreak
Bullish Trend Reversal?Waiting to go long on the retest of the trend channel.
A falling wedge seems to have formed on the daily so this pair looks bullish in the bigger picture.
This is a simple short term trade setup.
CHFJPY Short Opportunity Once more I will try to sell CHFJPY, hopefully this trade will hit my TP...
See the resemblance between previous RSI areas and price and compare to now.
Treasuries at a Long Term Crossroads $TLT in danger of dropping out of a long term multi-year support channel. New down trend may be starting. Hanging onto support by a thread.
USDJPY SHORT TERM LONGPrice has closed outside long term bearish trend channel on the daily and 4 hour.
Looking to enter upon price retest of key level.
EUR/USD Short term sellI found broken upward channel (short term) and successful consolidation after the breakout. My advice is to watch for selling opportunities. The target is set at the price of 1.0527. I would put SL above recent high based on 1H time frame. Take my analysis like additional help to your own trading and never extend risk. Forex involves high risk.
DXY BULLISH - Breakout out off Bearish 4h ChannelThe US Dollar has been in a bearish trend downwards ever since the start of 2017 markets
Now it has finally broken the resistance trendline of this channel.
Quite notably, the 4h candle circled broke below 100.24, an area of short term resistance that is easily seen on the 1h chart.
However, price closed above it, indicating that the downtrend is finally over and bulls are ready to take control.
If you see a bearish setup on xxxUSD pairs, and bullish setups on USDxxx pairs, use this DXY chart as support towards confluence.
Buying Aussie After RBA Rate StatementHey traders! No surprise here on the RBA release, but a good reason to buy a breakout now while we're channeling upward. Also, we may see some sympathetic long bias after the NZD inflation was released to be pushing 2% q/q. Long is active. Cheers
USOIL longit is supposed for oil to break the triangle
and then wait for the oil rig count to break the channel
tp - 55.1
sl 53.15
USDCAD shortthe channel is broken
so i would have short at 1.21164
TP 1 - 1.276
TP 2 - 1.25
TP 3 - 1.22
SL - 1.3246
NZDUSD M240 - possible Doubletop at D1 ResistanceNZDUSD builds a Doubletop at a D1 resistance with an overbought RSI on the left high. For further confirmations I'll wait for a close/break of the Doubletop's neckline. Furthermore the price (M240) rised within a channel. The break of the neckline correlates with a breakout of this channel. I think this could be a good short opportunity on this pair =)
The Power of StructureInspired by the work of Mack @PAT$ System and AL Brooks, I am sharing my Daily thoughts for DAX.
On the Daily TF stay on the sidelines but be ready for the following days or weeks for a Short.
NZDUSD Long: Weak US GDP Data + ChannelHey traders, GDP came in at 1.9% behind expected 2.1%. The kiwi has been strong and this pair is in an upward channel. I am long from here toward the 1.272 extension. Cheers
AUDCAD 15m Short From Resistance TL With every contact with the resistance TL is another opportunity to short
GBPAUD Wave Count: Bullish Impulse ChannelIn FX it is important to leverage strong currencies against weak currencies. GBP is our strongest and AUD is the weakest on news over the past 24 hours. I'd like to get long through wave-((5))-of-v-of-(v) to ride the bullish trend. Next related predicted volatility due to news is in about 20 hours.
USDJPY Short SetupAs you can see in the chart the price rejected the top of the downward channel. Good to short here when the markets open next week.
SL: 118.800
TP: 102
potential break to the upside @109.364this is for practice purposes for myself, i only have been doing this for 3 1/2 weeks now. I realized that my fib retracements have lined up perfectly with my minor resistance lines from the low 100.110 to swing high 118.618 Fib Levels. Correct me please if im wrong but i see a potential bullish bounce off the 50.00% (109.364) area or maybe the 61.80% (107.180). Sharing this to see if im off or on .
