Raiden to regain Daily Uptrend?Raiden Resources Limited (ASX:RDN) is an ASX copper-gold exploration company focused on discovering large scale mineral deposits in the world class Tethyan region of Eastern Europe. Raiden operates in low cost and mining friendly jurisdiction’s which remain underexplored, seeking to systematically apply modern exploration techniques to discover Tier 1 projects.
Outlook:
- Daily Support currently Holding after recent trend break, area of interest is at Daily Resistance and Retest of Daily Uptrend. I think the only thing that help price regain trend will be Good Drilling results. Also note the Daily GAP is unfilled just below current price. If price was to regain trend, my target would be previous high from October. If support break then GAP fill is likely.
Watching.
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Trendbreak
Daily Bullish Divergence after Trendline BreakFEDEX Looks to be ready to try and make higher lows i see no harm in giving this long a shot.
Stops, Targets, and Entry are shaded on the chart.
Bullish on Palantir If Palantir doesn't break the 24,05 resistance we can expect a fast recovery to old ALH. SL is set at 23,05. Possible reenter at 21,20.
Pound Sterling as bullish as Sterling SilverA massive falling wedge in the Pound Dollar.
We have broken the falling wedge and the 200 weekly SMA.
Very Bullish.
AMZN LONGLooking from daily time frame there is enough momentum to become bullish if it passes the Fibonacci line. It needs confirmation.
CHF/JPY - double breakout to the upside - exceptionally bullishCHF/JPY looks like it could be providing a decent opportunity to enter long based on the current technical analysis and price action.
Price broke out from a weekly descending trend channel in Late-July suggesting that the downwards trend is coming to an end, at least in the short term.
With our overall bullish bias, price has also now broken from a daily ascending trend channel to the upside. We have waited for a pullback and retest of the daily ascending trend zone before taking a long position, with an initial TP1 of 117.56. If price closes back below the trend zone we will look to close the position.
Confirmed EU USD break out of a 10 year lasting downtrend?Is this a confirmed EU USD break out of a 10 year downtrend?
The trend line connecting the highs since 2011 seems to be broken to the upside at the end of last July.
That was about time considering the RSI (below) and price divergence developing for the last 2 years.
How many weeks it may take to get to a 50% retrace from the May 2014 high to the low of 2016-2017, if this ushers in a trend reversal, is a big question, especially given the current global economics.
It is now at the top of a preliminary drawn channel at the right, where it might as well pop out. But a decent back test of the trend line also has not yet come to pass at this time...
Might it reach the 50%, a continuation to the .618, and a bit above, seems obvious.
When 127.5 , a significant support/resistance level, is breached and confirmed, a target of (almost) 140 and then 150 might be next because these levels are both fib-nodes (1 and 1.272) and significant resistance levels looking left.
But tomorrow, it can all be different, and it will be, a lot, or just a little.
Thanks for your time!
AUDUSD short position bull trend is starting to slow up and looks like it is starting to range. moving sideways as soon as we have a break of the up trend i would like for a bearish push then i sell sell the retest of the support as the new resistance. i would like a minimum of two trades and then i would look to add to profits and wait for the push to the demand zone.
1 HR BITCOIN BREAKOUTNice hold of this most recent pullback on the 1 hr bitcoin chart. A long entry here should see btcusd rise for at least the remainder of the week.
EURJPY - retest and downEURJPY... we have witnessed the breakout of this pair and as you can see price has now had the momentum back up to the trendline. We can now expect a rejection of this trend and see price drop back down.
Sensible risk management whilst remembering this is the daily chart. Let's see how we get on!
If you are struggling with your trading just drop me a message :)
Bitcoin trend brokenThe trend is broken, as a last chance you see the price approached the line again to go above, but no chance, and it is falling off the line again.
GBPCHF Short potentialGBPCHF has broken the bullish trend pattern at the end of last week and had a strong rejection of the line after a retest, I'm now looking for a slight correction up to 1.84000 with the RSI being oversold on the 4HR, then a continuation of the downtrend.
I will be setting a sell order at this level when the markets open
Bank Nifty Preparing to gain for a bigger FallBank Nifty is weak. It has recently broken the uptrend maintained in the past few weeks. However for the next 2 - 3 days a upside move is possible to be seen only to witness a greater fall in days following it.
Stay cautious and downsize your positions.
AUD/CHFWait on the 30 mins chart for entry the longer you hold after entry the longer your at risk
so I usually take profits at every zone but you have the potential to game way more pips if you have the patience to with stand the pullbacks
USDCHF LONG 61.8fibso i missed my first entry point but i have entered just as price broke above the 55ema . break and retest of the trend line as confirmation aswel .
FX Swing Trade - AUDUSD - 1:4.6 RRRAll comments and likes are very appreciated.
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AUDUSD has been trading in a downtrend for quite some time. At this time we track 3/5 waves down with a possibly finished correctional wave 4 in ABC pattern.
AUDUSD bounced back from a resistance level and 0.78% FIB level and currently retesting a broken uptrend line.
The Australian Dollar remains primarily driven by broader investor sentiment, rising when investors are bullish and global trade is increasing, while it tends to fall when investors are running scared and the global economic outlook deteriorates.
RBA failed on his February promise to keep currency in 0.66 - 0.67 level. RBA stepping in with more aggressive Quantitative Easing is all but material: markets know it, and this makes the prospect of buying the dips in AUD not very appealing.
AUD also supported by rising gold prices, however, we expect at least some correction in XAUUSD and Equity market in the near future. Thus Fundamentals and TA support each other in this case.
I and/or others I advise hold a material position in the securitie.
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All comments and likes are very appreciated.
Best Regards,
I0_USD_of_Warren_Buffet
USDJPY SELL IDEACup and handle formation playing out on USDJPY 4H timeframe, leaning towards continued shorts.
Handle is currently taking formation after breaking a 1H upward trendline as seen on the chart.
Sells can be found immediately or upon retest of base of the cup and handle formation, which could potentially see +200 pip take profits.
Always trade cautiously and with appropriate risk management.
Like if you agree with this setup, and happy trading!!!
GBPAUD [LONG]Hello traders,
On FX:GBPAUD we can see a test on the 1.95 level for the second time, being the first at the end of March, and this last test formed a bullish engulfing pattern with a shooting star . It is now breaking from the downward trend it has been on April.
Plus, on the 1H chart the 20 EMA is almost crossing the 50 day EMA . And the MACD is showing some bullish strenght.
Have a good week and trade safely!!
EUR/USD Potential long position, Downtrend brokenThe 4 hour downtrend has been broken on EUR/USD and a new market structure is forming.
