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EURJPY POC| .618 Fibonacci| Price Action| Trend Evening Traders, Today’s analysis – EURJPY- trading at a key resistance where a rejection is probable, Points to consider, - Price action corrective - VWAP S/R Resistance - .618 Fiboancci Resistance - Low Volume EURJPY’s immediate price action is trading a resistance level that has confluence with the .618 Fibonacci, VWAP S/R and the POC, allowing for a bearish bias. The 0bjective is the lower support region, exceeding this level will lead to a trend continuation. The current volume profile is below average, and influx will be highly imminent on the next expansion. Hope this analysis helps, Thank you for following my work And remember, “Freedom from blind reactivity begins with self-awareness.” ― Yvan Byeajee,
Short
by AzizKhanZamani
EURAUD possible shortIf I remember correctly, this analysis is very similar to one I've posted earlier this year and it was also on EURAUD. Today, if we look at the daily chart, we can see that this pair has broken an important uptrend and might have completed the pullback. In the H4 chart, we can observe that the smaller uptrend has also been broken. On the chart above, my analysis on the H1 chart shows that a new downtrend has formed and that the pair is now in a sell zone: it finds itself right around to fibo retracements and a resistance. With the confirmation of the previous bearish engulfing candlestick, I can now affirm that it is probable that this pair will go down. My first target would be around 1.5700. Always combine my ideas with your own analysis.
Short
by JWerve
Facebook Potential ShortOk there seems to be a lot happening to back up a short. RSI Divergence Reversal candle Falling volume Previous support acting as resistance pushing down on price This setup has occurred several times in the past and every time it falls around 15% this would take us to the major trend line and 78.6% fibs. All in all this is looking like a good setup, wait for the price to break the lows of the doji or if your conservative wait for a break of the trend.
NASDAQ:METAShort
by SilverTrader925
EURUSD Swing trade - SHORT, bounce from resistance In a few days EURUSD is goins sideways in a nice range between (approx.) 1.05622 and 1.06700. I expect a bounce from resistance around this time. This trade has a very good RRR - more than 1:9. TP and SL as on chart. Although I have entered the trade too soon, I still believe I can cash out a nice profit in short time. Fundamentals: watch out for NFP tomorrow, if we are in profit, it is a good idea to move SL to breakeven as this event could cause volatility. In the longer timeframe I stay bullish on EURUSD.
Short
by martin1024
Natural Gas Long Opportunity with Great Risk/RewardGas has just retraced and bounced off of the 2.65 Support level. It has also met with the lower end of it's uptrend that has been growing in strength since march. This is a good opportunity to enter long due to the strong support, uptrend strength and great risk reward ratio. My stops will be at roughly 2.45. Take profits will be spaced equally at critical resistance levels indicated on the chart as blue rays. 3.30, 3.80, 4.40 and 4.90. Do not hesitate to leave your thoughts comments and a like if you found this TA interesting or helpful. Best of luck to all and Happy Trading!
OANDA:NATGASUSDLong
by IceTrading
LIKE IF YOU THINK THE SP500 IS READY FOR A CORRECTION?! Hi Traders, Today is the first day of the month September. August closed higher than July, the trend on the long term is still positive. Since 12 July the SP500 moved between 2193 and 2147 . Slightly higher / more side ways. Despite the trend on the long term is positive I suspect the SP500 is ready for a correction this month. The candles shows some weakening and that is reflected in the RSI indicator that shows some Negative Divergence. I suspect that the move will be like a kind of head and shoulder but this is not necessary. The volatility can build up, and than the moves will be greater. Small Resistance is around 2173 , bigger resistance can be found around 2180 . Levels that can give some support are around 2140 and when this level breaks around 2120 . When the price will break 2120 it gives way to a larger move to the downside. Large support can be found around 2070 . So in short summery; On the short term I suspect a Correction to at least 2128 - 2125 . On the long term I suspect the the positive trend will be sustained. I will give some updates if needed to keep you up to date on what to suspect. If you have questions please don't hesitate to give a comment below or sent a message.
TVC:SPXShort
by Forextra_official
THE BUND IS READY FOR A CRASH! HIGH PROBABILITY!RESISTANCE LEVELS: 168,25 - 168,75 SUPPORT LEVELS: 160,90 - 161,40 155,75 148,7 - 149,20 EXPLANATION: The Central Bank is trying to keep Rates at record low to stimulate the economy. How hard they will try this will never never work, there is always and end. Also to this! The Trend will change at some point! It seems that this will not take a very long time before it will crash and the Trend will change. The signals are verry clear! We are looking on a Weekly chart, this gives some room to look in a larger/ longer term perspective. What we see here is that we are moving in a WIG this means that the range is narrowing and the Price will make a hugh move 10 - 12 percent when the Trendline is broken. It is supported by the Indicators that show NEGATIVE divergence . THE KEY LEVEL TO WATCH IS; 166 . When this level breaks, then much lower prices can be expected. First move has some room to 149!
GShort
by Forextra_official