EURUSD touches MA100 after strong movementThis pattern basicaly are name as "ABC" but it is not so important how it is named. The most important is what action i take! So, short stoploss, MA100 touched, EUR in weak position after Draghi want to stimulate economy again (want to print more euro money ). So ... sell opportunity seems good risk reward !
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GBPJPY divergence + double topGBPJPY has a double top where second top not overwritten last top. Also currency pair has a bear divergence. Short StopLoss and good opportunity for selling this currency
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CADJPY multi divergenceCADJPY has 1H + 15M bear divergences in one direction! So, stoploss has a good place: above highest top. Risk-reward is also good , as seen on chart.
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USDJPY double topUSDJPY has double top and second top is not overwritten first one. So, USA fundamental backgrouns is still weak so here is goo risk-reward opportunity to sell.
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GBPJPY: waiting - is the key!Wait for it! Wait for the moment then price reach buy zone! Local highest high is already overwritten so wait for pullback and search buy opportunity with shortest stoploss !
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USDJPY strong resistance zoneAccording to Friday news which is weak for dollar usdjpy is just on resistance bottom line. I have short stoploss behind highest edge of resistance zone and good potential for falling down.
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CADJPY rate decision Today (10.07.2019) will be realeased CAD rate decision. All fundamental data and my personal technical analysis show that rate will not be changed. This means that at the news time will be spike up (because it is positive for CAD) but not high because this unchanged rate expected by investors. So , in this situation technical analysis will drive the move - this means that divergence and moves higher than MA100 will do this sequence: first divergence - sell, and then up - when price touches MA.
AUDCAD multi timeframe same divergenceAUDCAD has a multi timeframe divergence
1D bull divergence
4H bull divergence
1H local dbull divergence
This shows that need to search BUY signal until previous resistance. Risk/Reward as always 1x2. Risk 0.5% !
May enter by market. if StopLoss will occure then reenter because multi timeframe divergence is very strong signal !
GBPAUD wait for pullbackGBPAUD has strong downtrend on 1D chart. Technically only need to search sell signals on smaller timeframes. So, last move on 1H timeframe is good as pullback, so now price crossed trendline that is good sign to sell again but ... need to wait pullback up, until it touches trendline from below. In that point will be small stoploss and risk/reward will be good also.
BTC will bounce off soonBTC after great rise started to fall. Now on 1H chart is good opportunity to search buy signal after it will touche support. Note that RSI many time have been under 30 level and MACD forming something that could mention bull divergence. Bottom line: on chart is formed 3 strong bull signals in one place. Search for intraday buy signals on support level (with short SL & TP)
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USDCAD waiting for support breakthroughAs you know that 31 july will be next FOMC and investors all around the world think that rate decision will be reduce 0.25 or maybe even 0.5 ! That information is telling only one thing:
before the news will be out, search for USD sell opportunities ! So USDCAD is good candidate for today. This is good sell opportunity with short stoploss.