EUR/USD SELL IDEABeen looking up the EUR/USD pair and finally found a good entry point. Trend break, resistance zone, fibonacci, moving averages crossed. What you waiting for? SHORT EUR/USD
Supportbreakout
EUR/GBP Potential Sell Setup At H2Price has been in a downtrend, and just broke out of its retracement (black arrow).
Pink line would be the best to SELL with minimum risk (if the price reach there).
However, if it didn't and the price breaks the lowest blue line, it might not go to the pink line anymore.
This could signal the start of a downward movement to the yellow zone, which is my TP area.
TAYOR and please use proper money management!
Do SHARE with your friends and COMMENT your thought on this. I'll reply to each one of them. :-)
Thanks!
KHALID HAMID, Best Trading Guru 2018 In Malaysia (TradersAward.com)
USD/CHF Technical analysisUSD/CHF has crossed a critical support level at 0.99641.
It has tested the broken support too and resisted by bears.
Hence we expect the pair to be bearish and move down side.
GBPAUD 15M/4H BEARISH PULL BACKPair has had a Bullish trend for a long time.
Setting up for a Bearish Pull Back
Short trade
1st Entry is a break-hook-go trendline breakout pattern on a 15m chart
2nd Entry is a Sell Stop @ 1.8145
SL @ 1.8260
Sell Take profit @ 1.8075
Breakout on USD/JPY with Support tested 3 times and a Swing Low.The chart shows a possible breakout on USD/JPY, clearly stated by the short volume the market has, and three levels of support being tested 3 times in the past. Just remembering, the more times a key level has been tested in the past, the more accurate it can be.
Price has also reached a Swing Low, which shows more evidence of a future strong and definitive trend.
I believe the market will give us a start of a new and fresh trend with these levels of "cheap" - stated as Support from some traders.
GBPUSD Support TL breakout Short PlanGPBUSD is consolidating in the descending channel (Penat) on 1D chart. On H1 Chart CABLE just now broke and closed below the Support TL of ascending channel which gives a good short opportunity. Target 1 is 1:1 Risk/Reward ratio and Target 2 is around 1:2.5 Risk/Reward
BACK HOME for the HOLIDAYSBCHUSD 4H FALLING
Price is falling back to the home base by the ma's because...
Price was stretched far away from ma's.
MACD was stretched far away from 0 level line.
MACD has crossed below Red signal line indicating possible new direction.
Close trade if MACD crosses above Red signal line.
Let us know what your ideas are on this pair in the comments.
SUSHI ON SALE 100 PIPSYou see here on the 4H the EURJPY is consolidating sideways.
The buyers and sellers are indecisive but I think the sellers will have Sushi Dinner because...
Price is stretched far away from ma's.
MACD is stretched far away from 0 level line.
MACD has crossed below Red signal line indicating possible new direction.
Close trade if MACD crosses above Red signal line.
Let us know what you think in the comments.
P.S. Waiting for our Big Three Indicator to turn Red based on a proven strategy we have been testing may be a good bearish confirmation.
I will keep you posted . Thanks!
XLM showing Bullish pennantAfter a short rally, we've got a new pennant with support at 465 - looking for a breakout in the next 36 hours. Targeting 700 as an exit with stop loss at just below support.
Long OMG/USD Found new support @ $7+If you missed the long wait till the $7s pullback towards support for a new leg up toward $9 and up. This is a classic falling wedge pattern.
IOTUSD-Bear break out below support of $0.45-13.10.2017Support broken with bear volume swells accompanying the slide.
Sell and place stop loss above $0.48. Take profit around $0.28
More update and review at NewsBTC. Let me know what you think and as always your opinion matters.
www.newsbtc.com
USDCAD 4H Support BreakoutPair is falling from 50 sma to 100 sma. TP is 100 sma. I will enter either with a sell stop or a break hook go on the 15m chart if I am around my charts. Macd Blue should cross below Red line as price continues to the 100 sma.
The second try to break 3,70.The Polish zloty is pushing again to the support level at 3,70.
If this level get broken, next support level is at 3,52. The best entry for this move, will be when price return to the new resistance level.
However if bulls push price back, there is a sharp downtrend channel, so there is high probability of third try to break 3,70.
GBPUSD D1 - Broken support at 1.2740GBPUSD has two possible scenarios. The first is to return of price above 1.2740 support, then today’s breakdown of support could be treated as a false breakout. The second scenario is the test of nearest support at 1.2570. Currently this support is further reinforced by the upper limitation of the triangle from which pair broke out in mid-April. Today’s session is therefore crucial for the further fate of the GBPUSD, and the levels that are now mandatory to observe are 1.2570, 1.2740.
GBPUSD D1 - Broken support at 1.2740GBPUSD has two possible scenarios. The first is to return of price above 1.2740 support, then today’s breakdown of support could be treated as a false breakout. The second scenario is the test of nearest support at 1.2570. Currently this support is further reinforced by the upper limitation of the triangle from which pair broke out in mid-April. Today’s session is therefore crucial for the further fate of the GBPUSD, and the levels that are now mandatory to observe are 1.2570, 1.2740.
EURJPY Megaphone Pattern Update Looking for a trade of the double top or at least break of support line-> to become retest of the megaphone pattern.
Target either the height of the double top or signals at megaphone structure, respectively 100 EMA in D chart.
Flag PatternThe asset has also provided a flag pattern and now is in a flag pattern again, the 100 MA will provide support the price, and the Coppock curve is a in a triangle pattern and it will most likely breakout upwards to be positive. Also, this is backed by the volume decreasing showing a breakout is Imminent.
GBPJPY Break Support-line + RetestPrice broke support -> becomes resistance.
Price tested the EMA in 15 min chart but could not close above it.
Target almost hit! => +400 PipsAs advised 23/03. breakout out of Feb low price resulted in a sell of right towards the massive support area 107 - 106. Only 1/2 position invested as price never retraced to the 2nd entry. Prepared to take of position at 107.5 and look for long short term entries.
Another +250 Pips potentially to be earned on the pullback out of the above mentioned support area
