Level
AUDJPY - Easy Money LongThis trade has taken forever to develop. The Hekin Ashi Candles suggest a completed retracement pattern, while the price action has finished a breakthrough and retest of an important price level. These factors, combined with the appropriate RSI - primed for a breakout - are all positive signs. The confluence of 3 important factors, plus the overall strength of Gold and the AUD, give me reason to believe that this pair will be moving much higher very soon.
Trade Safe.
AW
EURUSD strong by signal based on GAP and psychological levelI can see here strong rejection after attempt to reach 1.0500 level. Monthly candles showing nice pattern for the third time( Bullish engulfing) and closed above support mentioned above.
I see also two important formations :
1. GAP from daily chart(different broker) is respected almost perfectly with pin candle
2. Shadow of the candle reached Fibonacci level 38.2%
the safe target for me is 1.0800 area, when probably price reach 200 EMA on daily chart.
I would suspect that next wave will reach 1.1000 area in long term.
USDCHF short after weekly candle close below psych lev. 1.00000Daily chart is showing big bearish candle after pin candle closed below psychological level. There are two support areas on the chart. These are based on the GAP between daily candles on chart provided by my broker my broker. I placed the stop loss just above the daily bearish candle. I calculated TP based on Fibonacci ratios. I'm also bullish for EURUSD pair which is in negative correlation with USDCHF. I think that if I'm correct any attempt to go beyond 1.000 will be stopped by 200 MMA on 4h chart.
The dollar is poised for growtheng: As we can see the dollar came to a very strong support level. At this level, there are big volumes. This price position makes it possible to put a small stop with a possible big profit.
AJ 240 - SHORT Sell the break.Plan here is simple. Once this breaks, and retest.. Sell this level-by-level.
EURGBP aims to complete abcdhuge abcd in the works on daily chart, but why not short the downmove? looking for fib/break+retest retracements, price action confirms it so this is not an exact setup.
MA200 key resistance level- XAUUSDPrice is moving bullish till the moving average. If doesn't break it, we will get a 38,2 fibo correction and a clear eliott figure to go short
Key resistance level-INTCPrice has in a bullish movement till resistance level.It seems that price is preparing for a break of that level. If that happens, we probably will see price till 45-47 in the nexts months. If not, it will coorrect, at least, till the support level.
eurjpy hit a 2 day resistance levelThe eurjpy hits a 2 day resistance level. maybe looking to head back down into familiar waters.
EURSEK - Watch This One FolksHere we see weak RSI, along with a strong break of a long term price level. I'm going to be watching the price action on this one, and if i see buyers thwarted, I will be selling short. Watch this one guys.
EURAUD LLT TRADEThis is a risky trade as it is against the impulsive direction and the trend is currently nonvolatile with a very steep 20EMA angle,
However the 1.414 level has help up against 6 attempts lower and they all have returned price to the top of the range.
Risk reward is close to 1:6 so the potential pay off with the probabilities combined justifies the counter impulsive trade.
Short crude oil ideaafter second retest of resistance ,we see a bearish movement testing the channel edge,followed by an up move around 61.8 fibonacci.It will retest third time resistance or it will start a bearish move?
GBPUSD SHORTPound still struggling against the dollar and looking like its going short looking for targets at 1.21500
NDZCHF Important Level Bounce-off to Resistance ZoneIn my point of view, the price either bounces off from my weekly important level or it already did bounce off, as you cannot expect the price to hit the line but better view it as a zone. I guess that could be a nice long position up to .71500. If any advice you have towards my trading or the pair, share it with me! I am just a beginner.
Dollar/Franc Movement IncomingThe market has been ranging and so I will be looking for a short opportunity here at this resistance level. If it is confirmed to have broken however, then I will be going long.
