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EURJPY POSSIBLE OHLC STRUCTURE JULYEURJPY POSSIBLE OHLC STRUCTURE JULY Please support this idea with LIKE if you find it useful.. OHLC JULY MONTHLY STRUCTURE & LONG TERM OLHC YEARLY STRUCTURE MONTHLY VIEW IN DAILY TIMEFRAME Kindly wait for price to find a strong resistance. We will find confluence with other technical indicators for a VALID SELL ENTRY.Kindly remember the year also has OLHC structure with price still being bullish . Pirce in the yearly view is currently within the open of the year 'which is January's' open. Trade with Caution. Wait for valid entries. P A T I E N C E + D I S C I P L I N E
Short
by PeanutButter
UsdCad Descending Triangle - Short Setup- UsdCad on the daily chart formed a Descending triangle which is a bearish triangle pattern - Price broke support at 1.38597 and currently hitting trendline and still heading for 200MA - The break out was missed, i am currently waiting for the daily candle to close before entering a sell - will look for a sell entry on the hourly chart with a SL just ablove the broken support line - target area - 1.36694.....a possible target area 1.34209 but once price breaks the 200MA if not then the 1st target is approx 150 pips ======================================================================================================================== Disclaimer: The Trade setups are based on my analyses and ideas and they are not signals or trading advice. Do your own analysis before you enter any trade based on my shared analyses. Trades are entered once criteria is met....Remember trading is risky and we can't force the market in any direction..#ExercisePatience ========================================================================================================================
by Loviss
USDJPY!Afternoon!! I have just set up my analysis for USDJPY! I am waiting for a reversal pattern or exhaustion in price on this candle! I.E a 25% wick to be created from the candle!¬ I am also waiting for resistance to be hit and for it to go back to support! If this candle brushes pasted my 2 trendlines full bullish we can expect it to go higher so i will get out the trade unless it reverses back into my trendline zones and back into the fib channel! All set up ready to go!"
Short
by theexchangefx
EURUSD : APPROACHING 1.10 LEVEL FOR THE FOURTH TIME !According to Eurusd technical analysis: There is no change in my view towards the EUR/USD pair, as the general trend is still bearish and the recent attempt for a bullish correction has been unsuccessful as long as it did not hold above the 1.1000/ 1.11500 psychological resistance. Approaching the psychological support level of 1.0800 - 1.075 continues to support the bear's control. Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully consider whether trading is suitable for you in the light of your financial condition. Goodluck !
Short
by Tim298
1
BTCUSD SELLS??Morning all Interesting on the btc/usd front where I be looking for sells! as it is touching the 2nd best trendline with it looking like a indecision candle as btc is very volatile. I will also be looking out for any news related based stuff coming out so it dont just spike me out i would rather get out without news triggering me first! I will also be looking into hedging this pair! if it goes down to 8500 and see where we find support on higher timeframes! COINTELEGRAPH! For large miners in Sichuan, China, the current rainy season will allow them to negotiate lower electricity rates. This means some mining centers will be able to secure a $0.03/KW rate which will bring down the cost of mining to about $6,000. For over-leveraged or small miners outside of China, however, the halving could have a significantly negative impact on their profit margins. Whether miners are selling more than they mine because BTC is above the breakeven cost of mining in China or over-leveraged miners are capitulating remains unclear. But, the data points show miners were most likely leading the sell-off of Bitcoin in the $9,300 to $9,400 range, along with retail investors on Coinbase moving to sell BTC.
COINBASE:BTCUSDShort
by theexchangefx