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Short on US30 SELL SELL SELL !!!I personally have been short on this pair since December :) Okay some may see this as a crazy setup but i believe US30 setup will fall to around 7000 in the next year or so There are many reasons for this setup Fundamentals and technicals FUNDAMENTALS - jubilee year ? - shemitah Year ? - every 8 years a financial crisis - FED raising rates to signify economy in a recession - The possibility of QE4 ? - A possible world disaster ? i can keep going on in regards to such things but ill keep it short TECHNICALS - Price has hit a all time high and after the US30 booming for around 8 Years isit time for a change ? - Price found strong KEY LEVEL (RES) at 18000 - Price is now down trending - Price has put in lower high and lower lows - Price has broken many key Trendlines - Also price is on the verge of breaking a key level (SUP) at 16000 - If price breaks that key level we will possibly see a huge drop to the downside I can go on abit more too but i am sure you all get the idea i am portraying i do believe and confident of the drop too 8000/7000 :) so here we come 8000 POINTS PROFIT ;)
FX:US30Short
by ARFXC
12
EURUSD: 4H Potential Gartley PatternOn FX:EURUSD , it is clear that bulls are in control of the price. They pushing the price up and there is no sign of bears yet. So, when do we expect bears to step in and bulls start getting their profits? The next structure high is at 1.906, however, it is not a strong level to go short. Bears would not lose their battle so easy, as they momentum and big bars show that they are committed to buy. However, there is a next structure high at 1.1034. This is the resistance level, price respected it few times and it is expected it will do it again. That the best level buyers to lock their profits. Also, most of the institutional orders will be place at red zone. We all know that, big orders mostly placed on key levels. In addition, there is a potential gartley pattern, which guides where to enter, and exit. This set-up is a good opportunity to go short. T1 - 38.2% T2 - 61.8% ----------------------------------------------------------------------------------------------------------------------------------------------------- Trading Books Online - www.trading-library.com Top 10 Forex Broker: www.best10forex.com
Short
by Art_of_Trading
EURJPY: BAT , Go LongOn FX:EURJPY , the price dropped significantly today and it is getting close to structure low around 131.638. Sellers in control on 1H bars, but it is expected that the they will take their profits at structure low and new buyers step in , which increase the EUR value against JPY. Moreover, the valid Bat pattern appears, which gives clear guidance where to enter, take profit and put stop loss. T1 - 38.2% T2 - 61.8% ------------------------------------------------------------------------------------------------------------------------------------------------------ TOP 10 Forex Broker List: www.best10forex.com TOP 10 Binary Options Brokers: www.binaryreviewed.com
Long
by Art_of_Trading
1