EURCHF - SHORT - target 1.09500EURCHF testing its broken trend line and upper trend line resistance. a good position to sell
Forextradingzones
Staley Key Level SR SetupKey chart levels are important technical levels at which a financial instrument could face increased buying or selling pressure. Traders look out for key chart levels to place their buy and sell orders around those lines, which accelerates price-moves and increases volatility when the price reaches those levels. When looking to sell a currency pair, traders can look for the short or faster moving average to cross below a falling slower moving average as a sell signal. The most well-known moving average crossovers involve the 50 (51) and 200 moving averages. Support occurs when falling prices stop, change direction, and begin to rise. ... Resistance is a price level where rising prices stop, change direction, and begin to fall. Resistance is often viewed as a “ceiling” keeping prices from rising higher. When you combine these powerful tools with patience and good technical analysis you have a solid setup. This set up is made to be clean and beginner friendly. Please give it a try, and put your own spin on it.
RETEST TRADE ON THE USDCHF!!Well, this pair has been trending to the upside, in fact it seems to have reversed direction into an uptrend but before that happens, a retest of the now broken 200SMA on the daily chart, has to happen before we can confirm an uptrend. Looking to take advantage of the existing opportunity as soon as the market breaks 0.92805 areas and closed below on the 1hr. The Fibonacci agrees with me, the technical side agrees since the market is in a resistance zone after an impulse. This could be a good Friday Trade.
SOMETHING INTERESTING ON GBPCHF!!!!!!!This pair has been trending to the upside until something interesting happened. The market created a long wick to the upside on the weekly chart, and the market as we speak is heading up to fill the wick and retest the broken structure on the weekly chart to complete the impulse and correction pattern. This can be seen with the ascending wedge as you can see. As soon as the market fills the wick, we could possibly see the market break the wedge to the downside and head down to retest structure on the weekly. As soon as the market breaks the wedge on the 1hr, will be looking for sells. What are your thoughts on this pair?
RESISTANCE 1686 GOLDResistance at 1686, where the main uptrend meets with the secondary downtrend formed and with a resistance that the price had several months ago. Good moment to buy in the long term.
GBPUSD dAILY MARK UP Right now GBpusd is at a key level liquidty zone established back in 2016. looking for price action to either continue bullish trend up, toward key resistence level 1.44500 dating back to orignal low. if we dont get bullish momentum i expect price to head towards trendline and then look for rejection back up towards the major resistence.
LONG OPPORTUNITY FOR EUR/JYReasons-
1) Higher timeframe trend is up.
2) Retail stop hunt.
3) Bullish orderblock.
4) Bullish breakerblock
5) Institutional orderflow.
Kindly trade at your own risk!
Good Luck ^_^
GOLD MAKING A PUSH DOWN?Gold has been in a channel but as you can see the channel is narrowing to the downside, and has tapped the upper trendline. If Gold can break the current support its on, then will be looking for sells to retest the previous low on the green line before a possible growth on Gold. Will be looking for buys if Gold can break the upper trendline. What are your thoughts on this?
EURUSD forecast Looking for longs in this area. Lines up perfectly with the the US currency index as well. The point of interest mentioned / OB is what caused this BOS.
This is where the orders were that created the push up so price should gravitate back down to the origin of the move and fill the imbalance in the market and have a reaction.
I will look for an entry on the lower time frames. for my entry i will use the 1/2/3/4/5 min time frames and see what is the cleanest at the time of entry
EURUSD forecast Looking for longs in this area. Lines up perfectly with the the US currency index as well. The point of interest mentioned / OB is what caused this BOS.
This is where the orders were that created the push up so price should gravitate back down to the origin of the move and fill the imbalance in the market and have a reaction.
I will look for an entry on the lower time frames. for my entry i will use the 1/2/3/4/5 min time frames and see what is the cleanest at the time of entry
LET'S RIDE THIS FLIPPEN BULL ON THE NEXT EURAUD BREAKOUT!!!AFTER PRICE ABRUPTLY SPIKED UP LAST WEEK IT RETRACED EXACTLY AS MY PREVIOUS PREDICTION. AS I PREVIOUSLY SAID THERE IS GREAT POSSIBILITY TO EXPECT A CHANGE IN TREND. I AM LOOKING AT A LONG TERM
BUY ON THIS PAIR. REMEMBER YOUR RISK MANAGEMENT TRADERS!! CHEERS
BUCKLE UP TRADERS!! USDCAD ABOUT TO RALLY UP!! PRICE HAS NICELY BROKEN THE TRENDLINE AND IS NOW RETESTING IT. ALSO FORMING INVERSE HEAD AND SHOULDERS. I LOOKING FOR A BUY FROM THIS POINT.
REMEMBER YOUR RISK MANAGEMENT. ALWAYS USE THEM
AUD/USD Broken ascending triangleHi Traders!
the price has finally broken the ascending triangle together with the resistance. Now I expect that the price will probably retest it and go north to the area of value around 0.79.
Cheers
USDCHF SHORT TERM ENTRY!!!!This pair has been among the trendy pairs for the past weeks. The market has currently broken the resistance line to the upside with a nice impulse. but after an impulse there is always a correction to at least the 0.382 of the Fibonacci retracement. Currently the market is in a resistance zone (purple rectangle) and as soon as the market breaks the low of the previous candle, the market with be retesting the 0.382 of the Fibonacci to fill the previous wicks before a further continuation to the upside.
GBPJPY IMPULSE OVER????The impulse to the upside on GBPJPY has been going on for some time and congrats to those that have been in the move. But as you know after and impulse there is always a correction to at least the 0.382 of the Fibonacci retracement which can ben seen on the weekly chart. Since the current bearish candle on the weekly has respected the high of the previous bullish candle, the market in the short run could be retesting the 0.382 on the fib which lines with previous structure. waiting for confirmation on the daily time frame to take a nice short on this pair.
What are your thoughts on this pair?
GBPUSD BUYAT THE BREAKOUT OF THIS CONSOLIDATION I WILL BE LOOKING TO BUY GBPUSD AIMING FOR THE NECKLINE OF THE M FORMATION. ALWAYS TAKE RISK MANAGEMENT INTO CONSIDERATION ON EVERY TRADE.
