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Skacapital

SKALE NETWORK (SKL) EXPECTING GREAT INCREASE TREND - Golden one!Hello friends, Skale can show in short term a great increase trend, and depending on more trends expecting that this coin will increase. Long term target 1 usd possible. Depending on data breakout are not far. For now we looking for target 0.60, wich i expect very possible next time. - Read more about the SKL Network Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly
Long
by watchtrend
1
GBPUSD SKACAPITAL Looking short on this pair as the previous day candlestick closed as a strong bearish marbozou. However, on the open of the market we can expect a pull pack up to the 4 hourly 50-61.8% level (1.23500). If price breaks above the bearish trend line we could expect price to move up to the 61.8% daily level (highlighted by red box). As traders we must understand nothing is guaranteed. Therefore its about understanding the key levels whilst adopting key money management strategies. As you could see we have 3 trade setups. THESE ARE NOT CONFIRMED! These trade setups are just ideas, we would await PA confirmation around these levels. If they do look bearish then these tradesetups would be set up accordingly.
Short
by SERGENAYTUG94
AUDUSD OUTLOOKLooking short on this pair, we can see some bullish movements on the smaller time frames with upside targets of 0.7500 then look for a possible short from 0.75500. We have a weekly Trend line bounce (Price Rejection). We have a possible bullish harmonic forming (if our second target has been met then the harmonic will be complete providing us with a potential long setup). Depending on your trading and money risk management strategy you can either enter a Sell limit order at 0.75500 or set up an order on the break below the trend line once PA is confirmed. We have two downside targets being 0.72250 then 0.6900. Once each target has been met we must re analyse to distinguish if our next target is still valid; we can then manage our trades accordingly. *** TRADE AT OWN RISK***
Short
by SERGENAYTUG94
EURUSD OUTLOOKLooking bearish atm as price has been rejecting and the Daily downward trendline with strong bearish Candlesticks in play. We have a possible downside ABCD formation (Target to TL Price Level1.12025 and Stop Loss1.1300). However, I would be seeking the bigger move, but must take each target level into consideration and must re analyse to ensure our next target is still valid. We have a small bearish Harmonic pattern in play which add confluence to our first downside target. We then have a possible Bullish Harmonic in play with possible downside targets of 1.1000. However, the trendline must be breached and demonstrate strong bearish momentum.
Short
by SERGENAYTUG94
GBPUSD SKA CAPITAL Looking short on this pair, firstly looking at an upside move to potential levels 1.31650-1.31850 (Trend line bounce).From this level we would await key bearish PA to develop; we would then seek entry to downside targets of 1.3070 then our ideal target 1.29750. The ideal target would be valid on the basis of a bearish breakout below 1.30750. Our management target being 1.3070. We harve a possible bullish harmonic pattern in play which provides us with the confluence of an upside move from current support. As you could see we have further confluence with Senkou Span A (Green Cloud) acting as Resistance. We then have a Kumo Down Twist forming and price being below the clouds and the 200 EMA demontrates bearish momentum and a possible continuation to the downside. We have lower highs which is demonstrated in the defending channel. Furthermore, we can possibly see a bearish ABCD formation to our downside targets. TRADE SETUP We would wait for price to reach the trend line and target of the Harmonic pattern before looking for the short (sell) trade setup, you can set up a sell limit order however we prefer to wait to setup a sell stop order to endure we enter on the basis of bearish PA. (Shorter term traders can look to buy to levels 1.31550). As you could see our stops are placed at 1.32300, stops could also be placed at 1.3300. However, we would prefer to have our stops just above the Senkou Span A & B and above the trend line as a break above would demonstrate further bullish momentum. Therefore a possible strong setup would be as follows: SELL STOP/LIMIT ORDER: 1.31550 TAKE PROFIT (Management): 1.30850 TAKE PROFIT (Ideal): 1.29750 STOP LOSS (ideal): 1.3200 STOP LOSS (Possible) 1.3300 ***TRADE AT OWN RISK***
Short
by SERGENAYTUG94
1
GBPJPY SKA CAPITAL OUTLOOKAs you could see outlined on the chart we believe this pair is looking bearish to possible targets of 136.500 then possibly 134.00. There are several ways this trade setup could be undertaken. You can either wait for a breakout and retest of the lower trend line with bearish candlestick confirmation. However, we would be entering this trade around 140.30. Stops could be placed just above the upper descending trend line or above the previous highest high (Above 143.500). If price breaks above the pattern then this trade setup is no longer valid.
Short
by SERGENAYTUG94
GBPUSD SKACAPITAL We are looking long on this pair. We published an idea last week with a forecast on the monthly time frame. (See Linked Idea). However, as you could see price has completed the Bearish Monthly ABCD formation with the 161.8% testing the monthly trend line and daily channel line. As explained in the previous post we also have divergence. We would now await strong confirmation on the 4 hour window for our entry. OUR TARGETS: - TARGET 1: 1.3500 - TARGET 2: 1.3800 - TARGET 3: 1.4200 (ONCE EACH TARGET HAS BEEN MET OUR TRADES WILL BE MANAGED AND ANALYSED TO DISTINGUISH IF OUR NEXT TARGETS ARE SRTILL VALID). On the other hand, if price breaks below the channel and the monthly trend line then we can possibly see further downside targets of 1.2600 then 1.2100. However, we are long on this trade. We will be looking short on the basis of price breaking below the channel and trendline.
Long
by SERGENAYTUG94
GBPUSD MONTHLY OUTLOOKWe are prepared for all scenarios. This is not a trade setup this is just an outline a structure. The trade setups are set in our desired time frames. As there are uncertainties in the market we like to analyse both outcomes and just follow what price action demonstrates. However, as you could see we have lower highs with a possible target to create our 3rd lower high on a trend line bounce. We have divergence which represents the sellers are not strong as they seem. We still play it safe. On the break out of the mini trend line, our first upside target would be 1.4000-1.4500. If price does break above the downward trend line and disrespects the lower high structure then we would be waiting for a retest to the trend line and a possible continuation up to targets 1.6000 then 1.7000 and so on. On the other hand, if price does break below the lower trend line, below 1.3000 then we can see further downside targets of 1.2000 then possibly 1.0650. This is just a forecast. ***TRADE AT OWN RISK***
Long
by SERGENAYTUG94
USDJPY OUTLOOK 950+ PipsPossibly looking long up to levels 106.00 then possibly 112.00. However price will possibly move down to the monthly and weekly trend line giving us the 3rd trend line bounce. We would then seek bullish momentum at this level. However, if price breaks below 102.00 and demonstrates bearish momentum will then be looking for our short targets of 98.00-96.00. The red dashed arrow represents a possibility of price rejecting from this level and moving down in a ABCD formation. However, our upside targets are more preferable but we are prepared for both scenarios.
Long
by SERGENAYTUG94
CADJPY POTENTIAL LONG THEN GOOD SELLIf price breaks above the inner trendline then we would be looking long to level 83.00-83.200. Once price reaches this level we would ideally be looking for a short setup down to 80.00-79.850. However, we take it step up step and be patient with the trades. On the one hour window the 200 EMA is acting as Magnetic Resistance in our target area on the upside. However if price breaks above the downward trendline breaking above 83.250 then the trade setup to the downside would no longer be valid. If we do have strong bearish PA at this level we would be looking short down to 81.650 then 80.000 for a 300+ pip downside move.
Long
by SERGENAYTUG94
GBPUSD SHORT TERM BUY THEN POSSIBLE SHORTWe are looking for a possible long up to 1.43250 as we have an bullish harmonic in play, oversold on the stochastic; price bouncing off the 161.8% “D” extension. As you could see price broke below the channel; we are now awaiting for the retest (Bullish Harmonic Target) creating a possible 3rd lower high TL bounce. We can look for b bearish PA around 1.43250; on confirmation we would look to sell down to the 161.8% level 1.4000, if this level is breached then we would be looking for our downside target of 1.38550.... CAREFUL OF THE EU REFERENDUM
Long
by SERGENAYTUG94
EURUSD INTERIM SHORT THEN POSSIBLE LONG SKACAPITAL Price is currently testing the multiple tested S/R SD trend line. - Now if price breaches below this level we can see further downside momentum to potential target 1.11750. We may encounter a break below retest then bearish confirmation. - If price breaks below the lower channel line with demonstration of bearish momentum and PA then we will be going short to our next “Potential Target” 1.10500. (Careful on this pair due to the EU Referendum/) We have a possible bearish harmonic pattern forming; if we begin to see bullish momentum around 1.11750-1.11650 then we can look to enter long positions to our potential targets of 1.1400 then 1.15850. - To be on the safest side to enter long positions for the bigger move up to “D” we must enter on the break above the descending trend line from “X” to “B”. - Traders can enter long from the lower channel line where stated but have management levels around 1.12500 as the market can change around this level. AS EXPLAINED THIS IS JUST AN FORECAST; WE JUST NOW FOLLOW WHAT THE MARKET DEMONSTRATES THROUGH PRICE ACTION; INDIVIDUALS ON MY ANALYSIS SERVICE HAVE FURTHER IN DEPTH ANALYSIS BROKEN DOWN INTO THE LOWER TIME FRAMES WHERE TRADE SETUPS WILL BE PROVIDED... TRADE AT OWN RISK
by SERGENAYTUG94
EURUSD STILL BEARISH OUTLOOK overall for this pair in the longer run our pyscological target is around 1.1800-1.2000. However, that is based on the larger longer term time frames. In the interim we are looking short on this pair. We sent out a signal where we would short the breakout of the upward trend line which was breached from the volatility caused by the fundamental data. However, as you could see we still have the head and shoulder pattern with a defending channel of lower highs and lower lows with a possible downside target creating the next lower low. Our first downside target being the blue box 1.12650 where the 200 EMA is acting as magnetic support. Once price has reached this level we may possibly see a retracement and continuation to our next downside target 1.12000. Once target one has been met we must re-analyse to ensure our next target is still valid. If price breaks above the channel then this trade setup will no longer be valid. Stops ideally should be above 1.1400. ***TRADE AT OWN RISK***
Short
by SERGENAYTUG94
1
USDJPY MONTHLY OUTLOOK As you could see on the monthly chart we have two key scenarios. It would become more clear once we drop down to the weekly time frame. However, as you could see price has breached above the downward channel demonstrating bullish momentum. This strength of the bullish momentum can be argued through the Divergence seen on the RSI and the chart. This therefore, provides us the extra confluence of a potential mini corrective downward structure to retest the upper trend line of the channel before a possible continuation to the upside. The “Management Level” can be a key indication if the short trade to the trend line is valid. This would be analyzed further on the weekly time frame. A break and close below this level would increase the probability of a retest of the trend line. Furthermore, the extra confluence adding to our decisions is the 200 EMA acting as magnetic support around the target area and the upper trend line. On the other hand, if price breaks above its 8 year high 125.920 then we can see further bullish momentum to the upside of 133.500 then up to the Red Box. As of now price is hovering around the neutral zone, as we are not trading directly off the Monthly chart we are looking for the short setups in regards to the potential downside movement.
Short
by SERGENAYTUG94