Makemoney
AUDUSD LONG POSISITONRazones de entrada del trade:
1- Grafico semanal trendline alcista + 50 % del fibo
2- Ruptura de trendline bajista
3- 38% del fibo + trendline alcista
EURGBP - Seeking Wave B to Complete before Impulse CTechnical indicators look good for a reversal once Wave B completes. Price Action is entering oversold territory around a .382 retracement of Wave A.
Rules:
IF wave B hits at least a .382 retracement AND RSI indicates oversold AND a reversal pattern/candle reveals itself,
THEN look for impulse C leg to retrace 1.0 the length of Wave A, taking profit 1 at .681 and profit 2 at 1.0.
One caveat to this idea is that fundamentals for EUR are strong while they are poor for GBP. In the short term this may cause a farther retracement to around .900
Disclaimer: My ideas are my own and not intended as investment advice.
Good luck!
Usd/CadSince mid August we are seeing clear bear engulfing signals (highlighted in red rectangles) where each of them is topping lower than previous one (lower highs)
We have hanging man at our last 4H candle indicating bearish momentum
Price will require careful monitoring near orange S/R lines where price will either bounce or break
Gbp/JpyHello traders
Gbp/Jpy has formed bullish falling wedge and nice opportunity will come in close proximity of support and resistance line line of the wedge, where price will either rebound or break
Currently on 4H scale, we have shooting star on last candle indicating bearish momentum - it will require careful monitoring near support line
We might be retesting broken support line within the wedge that now acts as resistance
As of this moment, I am in this trade
Take care
Eur/Usd longWe have recently formed Tweezer bottoms (bullish) formed just above significant support of 1.17 that has been in effect since early August
We did have tripple top just above 1.20 price level, however if we look at monthly scale - we can see super strong bullish momentum
Also, last business week has retested and closed above significant monthly support meaning there is high likelihood that bigger scale momentum will continue.
DDD - 3-D Sys, the classic Pump & Dump IMO
See the wide green range?
This is the phase where big investors accumulated.
Then, they pull the string...big Arrow:
This is where the little investor is trapped into this super hype.
While little Joe is buying on the sharp up-move and become more and more greedy, big investors are selling all the way up until no more "chair" is left...
This is how they make their fortune.
They have time (and enough money) to wait for payday.
P!
SHORT EURAUDEURAUD. Short it once it bounces off the weekly trendline and make a 13.37 risk/reward ratio!
USD/CAD SHORT 26.04.17USD/CAD SHORT @ 1.36000
SL = 1.36600
Target 1 = 1.35328
Target 2 = 1.34500
Target 3 = 1.34150
Target 4 (PRIMARY) = 1.32600
Target 5 = 1.29800
