AUDJPY | WATCH THE HORIZONTAL SUPPORTHelloo everyone, please hit the thumbs button if you find this idea useful.
Price making series of higher lows bouncing off the 20 moving average indicating a strong trend to the upside. after a breakout to the resistance, price pulled back to find support. We wait for a confirmation to go long .
ALWAYS REMEMBER UNCERTAINTY IS THE NAME OF THE GAME.
Pullbackbuy
BTCUSD: Limit Buy SetupBTCUSD is seemingly being well-offered around the the 50% reaction point on the earlier 60% bear move, potentially providing a good opportunity to buy the pullback within the bullish leg that almost did a 100% move higher from the $3.9k low. The highlighted areas serve as a visual representation of how supply&demand zones are expected to shift through the passing of time. As long as the lower green shaded areas, remains intact, BTC doom can be avoided. Below that area, BTC is in a bearish territory.
GBPUSD: moving sideways, possible trade scenarioCable strengthened last week even though Sajid Javid, the Chancellor of the Exchequer, resigned...
..since the beginning of this year GBPUSD was moving sideways with the highest price around 1.321 and lowest around 1.287.
Last week it broke above 1.30 again and it seems like it was a false breakdown below 1.2945.
I will wait for a pullback to 1.299-1.2945 price zone for joining bulls with t/p target around 1.312 (R:R at least 2.85).
Today is Holiday in USA, so the liquidity might be low.
Keep in mind that this idea might be realized in several days and opening long position in GBPUSD results negative swap.
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Opcom, will the uptrend continue?Thank you for continued following us:)
Strategy: Pull Back Strategy
Bias: Bullish. Retracement was observed on T+1 and T+2 after big spike on 2nd Jan 2019. Share price retraced & hit RM0.700 support before rebounded.
Interestingly, RM0.70 acts as the uptrend line support, at the same time acts as MA10 support & fibo level 0.618 support!
It closed at 0.715, Dragonfly Doji formed above MA5, which might signify short term trend reversal.
As long as the uptrend line is still intact, the overall stock price movement is positive.
Stop-loss: RM0.700
1st Target: RM0.750
2nd Target: RM0.780
Potentially 11% gain from the support zone.
Gentle Reminder: Plan your Trade, Trade your plan. Good luck in 2020 trading!
AUDUSD - Jump on at the next support! - New UptrendHi Traders!
The market was moving inside a descending wedge.
Then it broke out with strong Price Action around 9 o'clock.
Now the market will probably make a pullback towards the support at 0.68900.
All of the traders who missed the trade will jump on and the pice will move higher.
Furthermore the sellers will close their profits at this level and the market will move higher.
We recommend to buy at the support at 0.67900 to ride with the trend.
Thanks and good luck :)
NZDCAD- Long Waiting for the pull back to this major level 0.85, and when it does i will be buying and depending on the price action i get i will be risking maybe 2-3% on the trade
0.85 Very strong level its held there 3 previous occasions before finally breaking through today.
Lets see how it plays out who knows we might not even get a re-test.
Any questions or thoughts let me know
Daimler: Buy after pullback on breakout levelFundamentals for this company are very good, and also technical analysis suggests a rise of the prices, after the upside break of the bearish trendline.
the area that can be good for a purchase is the area of the gap signed with the rectangle.
SL under 44
Tp1 the orange trendline
Tp2 60
AUDCAD potential buy setting upHere we are waiting looking for the market to pull back into the significant zone to retest it as support and attain some convergence with it falling between or at the 38.2-61.8 fib zone. This pullback looks like it would also be wave 4 for Elliot wave analysis for even further convergence. If we get a candlestick confirmation pattern in the blue Fib area I will look to take this up to the top of area then watch what the market does next.
**Trade at your own risk. I am not a professional trader, use your own analysis as well. Trades can always go against even the best analysis.
COMPRA POR MERCADO EURJPYEstrategia Points: (Temporalidad H4 , H2)
1- Marcamos Linea de tendencia , luego la proyecion del 2do Point
2- Esperamos Ruptura de linea mayor y Pullback para entrar en el mercado
2.1- Para entrar vemos patrones de Vela sobre la zona del Point.
3- El TP lo marcamos en el siguente Point o "Un Fuerte soporte pasado".
3.1- Si hay una zona fuerte pasada lo corroboramos con Fibonacci
Couple points LONG
Trend change: Long set up
200 ema biggest resistance now.
Expecting histogram (MACD) to turn up to continue the trend.
It is currently in pullback mode: the buy zone.
Long to 200 EMA
Although still in a downtrend (Below 200 EMA I classify as downtrend), a counter-trend move to test the 200 EMA is believe to be imminent.
Usually after divergences on a downtrend, there is a move up to the 200 EMA (a test).
Sometimes it will blow pass the 200 EMA (gap above it), sometimes it will get cold rejected.
With that in mind target 200 EMA.
If it breaks or blow pass the 200 EMA (Full uptrend then), there is usually a pullback test to the 200 EMA where one can re-enter long.
Best of luck. Info is in the charts.
Pullback Trade for JT
Missed the first pullback that tested the 200 ema.
Awaiting pullback for entry