USDCAD - SHORTUSDCAD testing alot of support and resistance zones, expect it to reach by third trenline before being rejected back down, -Pauric.
Trend-analysis
BITCOIN UPDATEThoughts are in the chart. Anyone who's mega bullish with that much resistance sitting right above us is just being ridiculous until we break that.
DXY Monthly TADollar Index is at Downtrend don't forget it! Also Time Cycles are so obvious!!!! Time period is 16 years. It is time to short US Dollar....Big investor said that time rhymes.....For long-term short US Dollar...News are for losers!
RIPPLE - Short Opportunity - 12% ROI - Risk/Reward 4:1Reasons to consider a short sell:
Rising wedge formation indicates fewer buyers on each re-test of trend line
Pop out the top of rising wedge into a previous consolidation zone that trigger a sell off during May (supply zone)
Risk to reward (4:1) meet's criteria and allows multiple profit targets
Bearish Target.Broken trend line on the 4hr rsi. Bearish divergence forming and stagnant movement on the 4hr chart at the .236 fib level. all indicatros bulls are losing presence and we will see a pull back from this run up.
possible bounce on trend linepossibly another leg up to retest 7400 if we stay above this trend line. wicks shower higher lows but also may be forming a bearish flag on the 4hr.
XAUUSD Long (Been waiting years, literally)FX_IDC:XAUUSD
Potential XAUUSD long set up. Both trend lines are beginning to squeeze. This began forming roughly 22 months ago. Long time i know. Once this breaks the triangle to the upside I believe it will fly. We also have the 800 EMA supporting us.
TK cross on the 4 hour chartT K cross on the 4 hour chart and candles are dripping onto the Ichimoku, the bears will be will be strong around 10k
USDJPY LONG H1/H4Wait for the pair to break the high and retest it before going in the trade. The retest on the previous high will also be in corelation with a fibs level 88.6%.
Target 1 is on the next high on the H4 time frame wich is also in corelation with a fibs extension 1.618.
EURUSD Short H1EURUSD Short in H1. For more informations, you can join us for free at our facebook group: Groupe de World Forex Solution.
Bitcoin long term future projectionBitcoin future projection, sever dip just like in 2014 before a bull run up to roughly $250k. Trendline analysis connecting 3 tops in log chart.
AUDJPY BUYAUDJPY BUY STOP
ENTRY: 82.200
TAKE PROFIT 1: 84.250
TAKE PROFIT 2: 86.000
TAKE PROFIT 3: 89.000
STOP LOSS: 78.700
ENTRY TO TP 3 is 679 PIPS
Disclaimer: This is a trade idea and i am not solely responsible for any mishap or unsatisfactory caused by the trade going in the opposite direction.
ICICI Bank good opportunityIt will good opportunity. weekly chart showing rejection whereas daily chart showing breakout so wait for confirmation
Little brother Litecoin heading to $127 ...and then a big bounceThe green trendline I've drawn extends all the way back through May 2017. It offers enormous support and will be tough to break. Once tagged you can expect a $5-10 bounce minimum. Easy quick cash for all interested in playing.
Peace and happy trades y'all!
Weekly Analysis on Great Britain Pound / Japanese Yen: Week 13DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas".
Ok, so this week I managed to make all the trading mistakes in the book. Took huge losses but somehow that fuels me up to make bigger gains and get back on track. I feel like now that I am not afraid to loose money, I have an open road ahead of me to MAKE money. So lets get an analysis going here.
Weekly:
I decided to go first with the weekly chart because I spotted an ascending channel, as seen here.
Daily:
If we take a look at the daily we see that about 2 weeks ago the price hit the bottom part of our channel, and bounced back. It has been making higher highs and lower lows, although the las higher high was at a previous resistance area of 150.155, and rejected it. Also price is not over our MA.
4HR:
Price closed this week below our MA, and rejecting a previous resistance area around the 150.155 area. But it didn't break a support area I had drawn around 147.905.
I believe that this pair will follow its structure and continue to move upwards.
NZDUSD TRADE SETUP (BULLISH)NZDUSD continues to be in a long-term correction, price is currently consolidating and we expect price to be quite choppy for a while before continuing to gain buying pressure.
EURCAD POSSIBLE SELL 13.03.18HIT RESISTANCE.
HOURLY CANDLE IS NOW BEARISH.
WAIT FOR A FULL BEARISH CANDLE BELOW RESISTANCE TO PLACE A SELL.
TAKE PROFIT AT 60 PIPS.
MOVE SL 30 PIPS UP
MOVE TP TO NEXT SUPPORT NEAR TP
EURJPYBROKE OUT TREND LINE
BROKE SUPPORT
CLEAR BEARISH CANDLE BELOW SUPPORT
NOW STRUGGLING BETWEEN 100 AND 200 EMA
AFTER CLEAR BREAK OF EMA 100 WE HAVE A SELL ON OUR HANDS.
