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Clearly this pair give back is ups in the past #Nzdusd #ShortAt this stage of the price is a good small short term trade.
I need to mention that the past of the pair is very bearish so no need to explain why I think it can give back 10 or 20 % of the gain of yesterday.
Also I could be wrong and be loosing while I'm writing this, but the pair is relatively slow and not volatile.
Trade on your own and good trading !
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DTBBTCBITTREX:DTBBTC
MACD and DMI show us that the trend is strong and we can get in a long run.
Buy when the price hit the 7785 level and sell below 9000 level. Stop loss is at 6828 level.
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BTCUSD BUY
The price beounce from the support level to $ 4150 and forming a high pivot. RSI indicates that we are still in an upward movement and a break in the bearish trend line gives us a buy opportunity above the $ 4460 level. If price is not be able to break a bearish trend line, we will see a possible downward movement to the respective supports US $ 4150, US $ 4000 and US $ 3800.
O preço saltou a partir do nível de suporte a US $4150 formando assim um pivô de alta. RSI indica que ainda estamos em um movimento ascendente e uma quebra na linha de tendencia de baixa nos dará uma oportunidade de compra acima do nível de US $4460. Caso o preço não tenha força para quebra a linha de tendencia de baixa veremos um possível movimento descendente até os respectivos suportes US $4150, US $4000 e US $3800.
GBPAUD SAR analysis in the Long-TermGood Morning Traders!
Weekly downtrend in GBPAUD looks strong for go SHORT in long-term if break out occurs in the yellow sopport level. But expected rebounce in the red resistance level can make us to go LONG for awhile for few pips in short-term and may it break out still blue resistance level. Action Price will show us the way to take.
Pd: feedback is always welcome ;)
AUD/JPY, Long setup, Downtrend Channel breakoutAUD/JPY has been in a downtrend on the 4H chart for the last 3 weeks, the down channel being a corrective structure of a bigger uptrend. Now we are looking on the price breaking out of the channel, suggesting a changing in forces on the market towards bulls side.
Long positions will be initiated if the price re-tests the downtrend channel or broken support line.
Enter - at the test of suport line 77.6x
Stop - below downtrend minimum 76.3x
Take Profit - around Fib. 0.618 extension or the previous downtrend maximum 80.6x
!Another TP can be considered around the Daily downtrend trendline 82.00
Looking for a risk/reward up to 1:3
Risk per trade 2%
!The idea will be invalidated if the price comes back in the down channel.
BTCUSD wedge breakout, continuation of the downtrendAfter the sharp move down, we see a rising wedge forming on H1/H4 charts. This type of wedge is usually a corrective structure, before continuation of the move (in this case a move down). Short positions could be initiated if the price breaks the bottom trend line (a good idea might be waiting for a confirmation of the break, by testing the broken trend line).
Stop loss - above last weeks high
Take profit - around the minimum of last week (as i think there is a big chance of price testing the 480 level again)
Looking for a risk/rewart up to 1:5.