GOLD BUY OPPORTUNITYHi guys I can see double bottom formation on GOLD 1H TF chart and this area is a powerful support zone
we can enter the trade after 1222 price level breaks.
Suppport
Long setup on GBPNZDHi guys,
on the higher timeframes, like the daily, this pair is in an uptrend, because it broke to the upside the most recent resistance (upper black line). Now, until we broke a support to the downside, the trend will be considered bullish. Therefore, it makes sense to look for trading opportunities on lower timeframes, when we see there's higher timeframe structure looking left. Here we have a double bottom with RSI divergence and an engulfing on the 4H chart.
Entry at market, stops and targets as shown.
If you have any idea/question, feel free to comment below.
Otherwise, see you in the next chart!
GBP/USD Weekly OutlookAs we can see on GBP/USD Chart the price already hitting the supply zone and there are 2 scenarios that will happen, just wait for confirmation on where the price will be going.
safe and happy trading
DailyFx Forecast
GBP is neutral
USD is neutral
Volitality is 2%
Trend Bearish
Outlook Bullish
28/04/2017 GE analysisPrice stays down, after breaking the observed apparent support, wait a signal indicating the weakening of this fall.
Support structure-AUDUSDPrice hitted Daily support area with an oversold RSI. Probably we will see some rebound on this pair till the hourly trend.(0,752 aprox). Then we should wait for a breakout to project the bullish movement till the next maximum level(0,758).
Typical Micron (MU) - Good trading.Micron is at it again with it's normal ups on earnings, and down for no news.
USDTRYUSDTRY has been having a terrible time trying to break below previous years highs. After a few failed attempts I feel that a shorter term long position feels pretty safe.
EURUSDThe bullist are in control. USA wants to keep the dolar cheap, that scenario reinforce the technical harmonic expectation to reach target 1 and maybe 2.
X marks the spot.Target 1: intersection of 38.2 bull and 50 bear fib rays.
Target 2: intersection of the 50 bull and 50 bear fib rays.
EURUSD Long Position (1Hr Timeframe)Potential long position as the trend breaks resistance and shows indication to carry on bullish movement due to hammer candlestick pattern
AUDCHF 4HAUDCHF Triangle and support connection point must be followed.
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YATIRIM TAVSIYESI DEGILDIR.
USDCAD LongBelieve that the USDCAD will test support area of 1.3040 and bounce to the upside to start an uptrend. Believe price will eventually reach back to the 1.35 level here in the next few weeks or so.
Gold long to 1250 after successful shortGold is playing out as I outlined yesterday with prices falling from resistance/ascending trendline from 1218 to 1208. I am looking for a long from here to 1250 with 1:3 risk/reward. Happy trading!
USD/CAD shorts down to 1.3000This pair did not present any intra-day longs so its back to the long term short bias. A lower time frame head and shoulders formed giving short opportunities. Prices are now back below key support and approaching an area of interest. If you are not in on this, shorts can be entered on a retest of 1.3280, a break/retest of the area of interest or a break/retest of the trendline (see previous posts for a clearer view). Dollar index is back below 100.00 and isnt much support before 97.00 so this trade should play out smoothly.
EUR/USD approaching key weekly levelEUR/USD has retested and held above daily support and is now approaching a key weekly level. This ABCD fib is still in play and dollar is continuing to weaken. Our bias remains long so we will look for long entries up until this level.
EURUSD after NFPNew Support Zone.. After NFP..with bad result for the dolar..we saw the pair goes up..but at the end of Friday its turned down..Now be careful here, there some bullish force waiting in these zone
Good Luck!!!
One more bounce up?Oil is on a major level and needs a closer look here to find evidence for another bounce, or if it break to the down side.
GBP/USD is on Strong Buy LevelAt Least Pair hit my previous shared Chart TP,s
Now its Time to Change the move to go Long. H4 formed Bullish Pinbar on trendline. it could be to Good to go Long on dips with the tp on fibo level. Good Risk Reward Ratio.
Happy Trading and Good Luck
