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Keylevels

NZDCAD SHORT ORDER IMMINENT! 0.91800Good evening from the UK. Its been a while since I've posted a trade on NZDCAD. Reason being the price was moving sideways for a considerable amount of time. 0.9100 was acting as a Physiological key level which was rejected a break above for around 2 months. the previous restiance has beeb broken and is now acting as a support barrier for the pair. We have now spiralled into a uptrend channel. creating good swings higher highs and high lows. before a touch of my trendily to the upside for a first touch i have some major barrier in the way. The blue Horizontal line at 0.9250 is a monthly key level which should hold price up in the short term. The week closure for NZDCAD was very bullish therefore the bulls may not be finishing yet however I do see price pushing a few pips higher and being "overbought and retrace a good 80 pips minimum before any upside momentum. Guys after 1 week of good research and understanding I've done a lot of back testing and implemented the RSI indicator into my trading. Im not going to tell you its main functions thats for you to find out. You finding out will be beneficial for your trading growth and development if new to the market. RSI indicator signals a sense of the pair being exhausted, oversold and expecting a correcting to the downside. Lets see how this goes. Have a great week of trading.
Short
by Travis_duncz
Waiting for News to Determine Price DirectionUSDJPY is in a multi-day range, which means that the breakout will last for several days as well. All JPY pairs have been bullish for a moment. Bouncing against trendline several times, so a breakout is due this week. But which direction? News for USD will move this chart fully beginning Tuesday's New York session. So not trading this until Tuesday morning. (I'm really hoping for a sell) Possible Tps if a sell: 110.366 110.087 109.809 109.489 Possible Tps if a buy: 110.964 111.324 111.947 112.125
by NikaJourney
Bull market - what bull market?In the screencast I show hard evidence from the chart refuting media reports which say that a bull market on Wall Street is back. This evidence is available to everybody. There has been a bull rebellion over the lat 4 weeks but that doesn't mean that this is a bull market - at all! If you're a forex trader or stock trader this is important. Why because what happens on Wall street affects currencies and stocks all over the world. I am clear that I do not recommend trading a weekly time frame to most people. The situation on the weekly is relevant to most of us who trade on much lower time frames. So yes - I'm shorting on lower time frames (which is not a recommendation to others).
OANDA:US30USDShort
by Captain_Walker
4
WALL STREET: Key levels and outlook for the next few weeks.I overview what are some of the possibilities and probabilities over the next few weeks for Wall Street. I compare again the current situation with that of around 2008. Preliminary action on small time frames on Weekend Wall Street, do not look exciting for a trip north on Monday. We shall have to wait and see, as Mr Trump often says. I do not know what's going to happen. Nothing here is a prediction. Nothing that happened in 2008 rules what may happen the near future.
OANDA:US30USDShort
by Captain_Walker
Head & Shoulders 4H Chart USDCAD 03/12/2018As we can see on the 4H chart, there is a potential that the price will create a Head & Shoulders pattern, If my prediction that I marked on the chart will come true, we will see the Head & Shoulders pattern up there, the reason I'll sell at the supply above is not the pattern, I'll sell at this supply because it's a level with unfilled orders waiting there for the price To come back, Also, this supply has changed the bullish momentum to bearish, this supply created after this week starts with a GAP at the price, I'll sell high and buy low, meaning, I'll sell at the supply and my target will be the demand below.
Short
by the5erstrading
Short Term Key Levels For GBPUSD 29/11/2018As a price action forex trader, I trade only Supply&Demand, sell at supply and buy at demand, I marked those supply&demand key levels as a short-term opportunity, the demand below is a great level of buy position and the target for this trade will be the supply above, and the opposite, the supply above is a great level of sell position and the target will be the demand below, I'll act only at the level that the price will reach first,
by the5erstrading
1
EURAUD - LONG TERM SELL - MUST SELLTo retrace to the 0.786 level of fibonacci would mean for price to get all the way up to 1.59949. 4/25/18 (1.61409) on the Daily timeframe, shooting star candle which lead to a massive drop (~860 pips) til around 6/4/18 (1.52747 top of a key zone.) Historically, this trend repeats itself from the ~1.61409 level very well. From 8/24/15 to 2/11/16 about 5 significant drops occurred resulting in a drop of about 300 pips at a minimum. 9/29/15 rice was at 1.62505. VERY close to the aforementioned high of 1.61409. From that time until 12/3/15 there was a ~1900 pip drop and price went to a low of 1.43479. Price has consolidated the last 5 hours ranging from around 1.59336 to 1.59023. I am looking to see if price will reach 1.61409 - 1.60008 for a really nice long term sell. If price does not reach that level and shows a lot of bearish signs and signals.. I plan to sell it around 1.58895. My take profit aligns perfectly with the 1.272 level of the fibonacci extension which is 1.50337. I plan to take profit at 1.50657. I will look for a sooner place to take profit and update as I analyze. Happy trading everyone, let’s milk this bitch!
Short
by DJdSchu
BTC getting out of this correction? Here is a RoadmapRoadmap to get us out of this correction (ideal setup) & Next key pricelevels to watch. If we hold 7040$ (preferably, or else 6425$) the bullish wave count is still in place. Sure you could argue the retracement from 9990$ was bigger than anticipated but the bullish count has not been jeopardized as of yet. Last update I said we might see a bounce from the 0,5 retracement level 8200$, which it did (up to 8884$) but it couldn't held that level soon after. Next major resistances @8644$ -> 8884$ Next major supports @7040$ -> 6425$
BITFINEX:BTCUSDLong
by Arcnoah
1