Pattern in H4. Resistance in 1290.00 Wait and see the wave in minor trend (H1). Open sell when the top is fix (see in M15) to minimize the risk.
Crude USOIL WTI H4 bullish divergence RSI SHORT Major resistance is 45.75 (0.23 fib of june 2015 highs decline). 40 will be the short-term target, needs a decisive break of that to go lower towards 38 or ultimately 35. twitter.com
Hi there All you Forex Traders! We might see a possible Bearish Gartley Pattern setup here. In the comments below I will share with a link to my You Tube video where I share with you how to trade the Gartley Pattern more Profitable. Best Regards, Errol Muller
Hello! Errol Here, I know the markets has been very tough from the beginning of the year. If you know your system and Stick to your trade plan, you know your system will produce results over time, then stay positive and keep trading your plan no matter what. NEVER GO BROKE so make sure your account size allows you to handle draw downs. In the comments below...
USDJPY has formed and been trading within this descending channel over the last couple of weeks. After a failed retest of the 114.00 levels, it looks as if USDJPY is on it's way down. Prepare for a retest of the lows at 110.667, as well as a potential bearish break out. Market expected to head toward 110.00, 105.00, and eventually 101.00
Hello! In the comments below is a link to my Youtube video which I just did on this pattern
Hello! In the comments below is a link to the video which I just did on this pattern
Hi there! Click the link in the comments which will take you to the video I just did on this pattern
EURUSD Brussels Attack Caution Just a short technical assessment: I see maximum downside risk for the EURUSD-0.31% at around 1.1150, which is 0.38 fib support, upper ichimoku cloud and bottom of march uptrend channel despite a strong H4 bullish divergence in the RSI On the upper end we could see a move to go through 1.13 levels and finally knock out 1.14. Be...
-SIGNAL- Date : 20.3.2016 Technical : Double Bottom Reversal Pair : USDCHF Timeframe : H4 Trade : LONG Entry now : 0.96917 Take profit 1 : 0.98539 (170 pips) Take profit 2 : 1.0000 (310 pips) Take profit 3 : OPEN Stop loss : 0.96379 (50 pips) Risk reward : 1:3 Regards, FxcInvesting Team www.fxcinvesting.com
Aud-Usd resistance and support levels are mentioned in the chart.Price rejected nicely from previous resistance.Expecting some corrections here and then down atleast for a perfect intraday trade. Disclaimer ! This is just a technical analysis.Trade at your own risk if ideas presented here match with your view.
XAUUSD SEEMS TO BE A NICE SHORT OPPORTUNITY AFTER LAST FRIDAYS BEARISH ENGULFING FORMATION ALONGSIDE SLIGHT BEARISH DIVERGENCE WITH A REJECTION FROM THE 1280 RESISTANCE. THERE IS A POTENTIAL FOR GOLD TO HAVE MADE A LOWER HIGH ON THE WEEKLY AS LONG AS THE METAL STAYS FIRMLY BELOW 1280-1290. I DON'T WANT TO GET TOO CAUGHT UP IN THE BULLISH GOLD RUSH JUST YET AS I...
Hello my Friends! Errol here..... We have a very nice Bat pattern setting up here and in the comments below I will share a LInk for you of a Youtube video that I did regarding this pattern and some other things. Best Regards, Errol Muller
Bullish divergence in Crude Oil (WTI) H4 opening for correction Bullish divergence in Crude Oil (WTI) H4 opening for correction back towards 35$ (round number), 34,80$ supportline and 34$ (0.38 Fib support). This scenario might play out, if the ECB rate decision, today 13:45 CET, disappoints markets, e.g. postponing further ratecuts and QE measures to the...
EURUSD H4 short on bearish divergence + marketsqueeze indicator just a quick impression from my chartboard shortly before todays ECB ratedecision. As you all should know, a disappointment of markets with the Draghi Show can push EURUSD up to 1.12 levels resistance, while on the downside 1.08 might open the door for further decline towards 1.05 levels.
Pair: NZDUSD Timeframe : D1 Trade : LONG Entry now : 0.66538 Take profit 1 : 0.67974 Take profit 2 : OPEN Take profit 3 : OPEN Stop loss : 0.66370