Strong
AUDUSD - SIMPLE SHORTThis Trade is a simple short, given the overbought strength into resistance. If I see some more bearish candles, I will be shorting. Will update with entry levels!
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Weir BreakoutBreakout @ 1943, think this is going to continue until next resistance @ 2134 or round about that area, could be wrong though due to low volume. stop @ 1894
SUPPLY AND DEMAND STRATEGY WITH GOLDPrice has reached strong supply area. Go short and expect bounce at next demand area at 1146.
GBPUSD - Sell OpportunityGBPUSD has closed below the middle bollinger band on the daily chart. It is likely to continue down to the strong support level located around 1.215. Enter at open of the market on 11/21/2016.
LPI will drop in the twelve dollars Their is a very strong resistance level and it seems like LPI can't get passed it. I mean the stock tried several times and it didn't work. Now, it's losing momentum and its going to go back in the area of twelve dollars, where i drew the up channel's trendline. What do you guys think ?
Buying at twelve dollars may be a good thing.
Short momentum in playAs we broke below the trendline from june, the floor below has open up. Momentum has gained power and I suspect that we could see a swift trip down into lower levels. The break and following test of the trendline was also a weak retracement (only 38,2% retracement from the 1.1203 previous high) indicating that we have a strong bear in the works. Also ending friday at the lows of the day, strong bearish weekly candle gives more meat to the hungry bear. First minor bounce will be at 1.0921 level, but it could be that it will go straight thru that level and not really pause before we hit 1.0837 level. After a minor bounce we should target 1.0700 level and all this could happen this upcomming week. I will NOT look for longs as it is right now.
My ETSY long position As in many stock's that i published (except gold , it's weak)
I saw relative strong in ETSY
GBPUSD Possible short- Wave 1 finished -
- Wave 2 in the making - ''correction''
- Looks like- A wave pullback in a bigger ABC correction
- Possible short term '' sell'' down to fib level.
- Then turn to complete the B wave
NZDCAD Strong Sell, Yearly returns!Many confluences to the the downside, Very strong short opportunity which could yield yearly returns. Reasons fro the trade are shown on the chart! Please like or comment.
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
GBPUSD Order, long 4HOrder for a long position on GBPUSD. The pair has proven to accept the fibonacci levels, and as such I will enter a position on fibonacci 61.8, formed from the uptrend from February to March, and target fibonacci 76.4, formed from the downtrend in March-April. The SL will be below the previous low, which is also below the strong support which was formed in 2002. The support has also been respected three times, rejecting the price from moving through. And as such it is reasonable to believe that it would be respected again.
Order:
Entry: 1.4100
SL: 1.399
TP: 1.438
Risk/Reward: 2.55.
EURGBP ShortStrong RS that hasn't been broken in a year. Will see if it holds or starts moving down again
Update AUDCAD Continue breaking for bullishKeep looking breaking price and can to following trend for short - term
NZDCAD - Selling Set Up - CAD Strong at this time !NZDCAD - Selling Set Up - CAD Strong at this time !
Potential Ghartly Completion with 61.8 Feb Retrenchment Potential Ghartly Completion with 61.8 Feb Retrenchment good risk to Reward
Daily Resistance strong sell good risk to reward tradeDaily Resistance strong sell good risk to reward trade
