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Higherhighs

Long on GBP/USD BUY BUY BUY !!!Reasons for -Firstly on 4 hour chart we clearly see a down trend which has been broken -We can also see price has broken major trend line which acted as RES -Since we made the low of around 1.41000 we have put in Higher highs and lower high -This signifies a possible new trend forming -Also if we look at the Trend line acting as Support we have had our second bounce On the daily we have been bullish for 4 days before a bearish candle was put in this may have been because of the FOMC meeting which took place Altho we do not have many confluence as id like i do believe its going to go long and my bias will remain bullish till we take out the previous lower high :) Trade safe and maintain a good Risk management strategy My entry 1.24500
Long
by ARFXC
16
XAUUSD: Bullish Bat Pattern w. Multiple Ways To Trade It Bullish Bat Pattern here on XAUUSD that's looking to be putting in a double bottom at the completion point. (You may hav eone already on the LTF). I say looking because on this 4hr timeframe the current candle won't close for another 2 hours or so and as we all know the close is very important to the story that the market is telling us. If you take a look at the "A" leg for a second you'll notice that Gold has recently been in consolidation since the end of March and with the recent HHHC, there's certainly the chance that we could see a breakout of this sideways action. Yes the USD is very strong and any bit of positive or "as expected" news is going to strengthen it even more. But the technicals are the technicals. With a light news day today, we may see enough relief to hit our small counter-trend targets before Thursday's & Friday's big releases come out. Akil www.TradeEmpowered.com
FX:XAUUSDLong
by Akil_Stokes
18
AUDCAD: Gartley Into The New TrendThis pair has just put in New Structure Highs (NSH) on the higher time frames which immediately has be thinking bullish, bullish. bullish until we hit our next resistance level or until some crazy Aussie news comes out and ruins my analysis. For you guys that consistently follow some of the Aussie crosses, you know exactly what I'm talking about. Fortunately it looks as if the plate is pretty bare this week so we may not get any surprises. Back to the HHHC and NSH, because I'm thinking trend continuation, I'm first looking for a pullback and in this scenerio, a pulback may give us a bullish gartley pattern coming right into previous structure. I'm an advanced pattern trader so I have to take the Gartley pattern regardless of the trend, but this situation opens the door for a potential continuation which means the possibility to get more out of my second position. We shall see. If you're a newer trader and you like this kind of analysis then make sure you sign up for my FREE Trading Workshop. Out of respect for tradingview I don't want to post the link here but if you check out my blog of Facebook page (Akil Stokes, Trader) I'll have it up. www.ratiotradingmentor.com
Long
by Akil_Stokes
2
AWK broken above November highAWK has been trending nicely on the weekly chart since the beginning of 2014. But on the daily chart there were two deep pullbacks (in August and October) which, although just within the bounds of acceptable, would've meant several months of little real profit. However the overall trend is up - with higher highs and higher lows, so if you are comfortable holding a position for the longer-term this is not a bad stock. Volume is on the low side, but not excessively so.
NYSE:AWKLong
by iAnneTrader
AUDUSD Divergence 7_18_2014Price has retraced to the .764 fib, (most recent high) and has remained in a range just below it. Price is currently bouncing off the .618 fib and the RSI has failed to reach the 70. mark, and continues to move lower, creating bearish divergence (see chart) first target is horizontal resistance at .9217 which also coincides with the .5 fib level. A break of this level will open the next profit target of .9071 which is a confluence of horizontal resistance and the .382 fib level. Please comment.
Short
by matt_forex
Solar sector catches some upside momentumSince the beginning of March this solar ETF entered into bear channel and was laggard sector vs broad market as investors were buying major cap, high dividend stocks. Nevertheless, it is just 38% pullback from big move from $15.00. Now, it builts higher highs and higher lows - strength of buyers. Yesterday, it closed near highs and broke previous dwing high at $42. So, it could be our point of potential support, then we have 8/21 EMA $40.60-$41.20 respectively. Previous low at $39.09. Target #1 $44.30ish. Some stocks from this sector that are showing strength: $FLSR, $SCTY, $SPWR, $TSL.
AMEX:TANLong
by andrew.berg