Shortsignal
AUDCHF, Elliott Analysis. 60 Previous analysis is still valid.
Trend in higher time frames, is ascending.
But you can take a scalp.
NZDSGD, Pitchfork, Gann Fan & Trend Line. DailyThe downtrend seems to be coming to an end.
Wait for a positive reaction to the L line of pitchfork or trend line, then you can buy.
Set targets according to the chart.
Support Break with High Volume !If she manages to break out of this $30 support level with good volume, you will probably see it come down to the $26 Previous support level. It is a good opportunity for a short if it manages to fall through $30. price is probably headed to test the 200 EMA so make sure you take some profits into strength if you enter trade.
FTSE SHORT PROJECT (H1/H4)Good day (and night :-)), All!
FTSE* FOREXCOM:UKXGBP has been moving within grand triangle structure since May 2017.
Currently, minor WW is shaping as the index bounced of point 4 and is heading North to point 5 (basically the wave is forming right in between the borders of the triangle).
Once successful and if major violet formation holds well, it can provide a very interesting opportunity to go short.
EUR/GBP Top Is Finally HereFractal Analysis of EURGBP is pointing to a peaking price action ..Please find entry with your strategy
USDJPY Possible Short Trade Hello Traders,
today we would like to share with you the USDJPY as it seems that it may push lower. After the market pulled higher and held resistance around 112.00 as it turned south again. On its way to the downside, it might have created an S-H-S formation with a break of the trendline which may indicate lower prices.
This may be first clues that a lower extend to the downside is possible.
Looking at our Intermarket indications, which always gives us a clue about potential market capital flows, it seems that further outflow may follow as all of our indications look south with a tendency of staying for a little bit below the midlevel.
However, the market may oscillate a little further around trendline break before potentially falling further to the downside due to massive outflow in the previous hours!
We will wait for today’s close and see if potential trading opportunities occur.
Let’s see. We will keep you updated!
Correlation Trade To WatchKeep an eye on this correlation setup over the coming days and weeks. The correlation is falling apart between AUDCAD & NZDCAD as you can see in the box on the right. You will notice the left box, when the spread got to approximately 400 Pips the correlation began to return, handing those in the trade a great return.
The spread is currently approximately 200 pips, we could see it widen over the coming days and weeks. One should be ready to take positions if we see the spread get to approximately 400 Pips.
NZDUSDOur Institutional Levels picked out this 0.72230 level well in advance. How did we know this was going to be a good short opportunity? Get more info at goo.gl
A Nice Correlation Trade TonightA nice correlation trade is setting up tonight between EURJPY & CHFJPY. The past week has created the largest uncorrelation between these two pairs over the past couple of months.
Please be sure to use proper money management when trading correlation.
