** EUR/AUD 4HR Update. Short Opportunity**Price rejection at the resistance area. Now its the time to short now with a good RR ratio.
1.4866 region is TP 1
1.4781 region is the TP 2.
GL
Digit_trader
GBP/USD Sterling 1HR Update**Short Setup**** It may bounce back a little bit to retest at the PC of the previous value.
** TP levels on the chart.
GLHF
** Warning on Gold (XAU/USD) 4HR Update*** This bull is due to geopolitical risk only *
* PA is currently above last week's high *
* However, once this N Korea and Trump's news has been settled, Bears will attack real hard . *
* Key levels to watch --> 1280, 1285, 1290
GLHF
Digit
*DJI 4HR Update* **Watch out -- Bears are winning**TVC:DJI has been on an up trend, however I am seeing signs of weakness although it is now heading toward the its initial control price area.
Chances are that if it cannot break 22200.00 , the reversal may be unfolding... real soon.
If it does break, it may go above 22200.00 and beyond. If not, it is highly likely to come back to 21600.00 , 21500.00 level.
Key levels to watch out 22200.00, 22300.00 and 22400.00
Trade with care.
Digit
**USD/JPY 4HR Update -- Be careful for the current swing back**Friday NFP data saved USD from dropping to historic lows and the UJ is now heading towards previous resistance area.
However, The swing back may become a force the bears to push lower to 109.00 levels.
Look at the levels in the chart.
Trade Safe
Digit Trader
**USD/CAD on alert** Bears may turn Bulls. USD CAD at its lowest since 2016 May.
Bulls has last line of defense at around 1.2500 area.
This week's US data could be a good reason for reversal. --- Similar Patterns forming on USD pairs.
Trade Safe
Digit Trader
**EURUSD 4H Update.Wait for the Bearish candle to close first.**If the candle cannot break beyond the previous high and closes with a bearish candle.
Short it.
Trade Safe
Digit Trader
** 170 Pips winner ** WTI Update 4hr TFDid you follow my Crude Oil analysis 2 days ago?
Now look out for Short term retracement and go long.
Trade Safe
Digit Trader
***DXY Nice Base Formed at the 1Hr TF. Look out for reversal.****Bullish Engulfing bar is circled. -- Risk a few pips to gain the higher reward**
*Time for a bit of consolidation at the last strong defense for bulls at the support area 93-94.*
*Highly Likely to bounce back to the initial dip.*
*Potential TP would be 95.*
Trade Safe
Digit Trader
** Super Bearish PCOM Stock Daily Analysis **Give some bullish retracement around whole number 8.0+ and then look to short. Potential Profit taking would be around 6.5 area.
Trade Safe
Digit Trader
* Bull Bull Bitcoin *Bitcoin will continue its wave 5.
Projecting to 3000 level and even more.
Trade Safe.
Digit Trader
** NZD Potential 100+ pip Upswing**10, 20, 50 EMA up. Wait for retest at the temporary support and go long.
Half Number 0.9450 would be a good area to take profit.
Trade Safe
Digit Trader
EURUSD *Wave 3*. 15 TF Analysis. *Watch 1.1700 and 1.17100 level*EUR is pumped by dragi and Bulls stil hold the power.*
*However, it is now in the long held support zones since August 2015.*
*A SR Elliott Wave 3 is now starting and lets see what happens.*
*Clear breakout of 1.1700 and 1.1710 would be strengthen the bulls more. *
*Alternatively, the strong US data coming out next week would be a good reason for the market to reverse with a head and shoulder pattern. *
Trade Safe
Digit Trader
*Wait for the bearish momentum to be sucked.**Wait for the bearish momentum to be sucked at the temporary support level at around 45.00 (61.8 Fib Retracement) and go Long.*
*This bearish breakout was Corrective Wave 2.*
* Impulsive Wave 3 is impending soon, however only go long once the bull candle closes above the support area.
*Aim for 50.00 level. (1.618 Fib Extension).
Trade Safe.
Digit Trader
*MMs's Clear Mark Down. 4h TF**Distribution Phase is done and now the MMs are in Mark Down Phase.*
*They have been testing at the 145.00 Support Area for some time*
*On Friday 21st July, a clear rising wedge has been completed and the begun to dive to the next support.*
*They might test again at 145.00, between 61.8 and 78.6 to get more bearish momentum.*
*Watch Close and Short on Retracement and a good TP would be a round 143.00 and 142.85 area.
Trade Safe.
Digit Trader
*Bears* still holding the power. *Bears continued to pushed the price down*
*PA is now in the long holding support zone since April 2016.*
*Clear Break beyond 0.94000 would enhance the bearish momentum.*
*Alternatively, Important Economic Events for the US will be out next week.*
*Healthy Data in US Home Sales and GDP would be a good reason for reversal*
I would stay away for now.
*Long* Bullish Breakout is in the card. *The falling wedge is done. (Bullish Trend Continuation) *
* Validated with 38.2 Fibo Retracement.*
*Unusual heavy volume starts to kicked in.*
*Breakout is unfolding and 12.00 level would be a good take profit level.*
