Looking for a trend continuation trade on silver. Entry at 31.46
I think the title and chart says it all. Short entry at 72.3 Target 68.4
Over the past 6 months price has been trying to go below 1.36. It took 4 times to break it. Then it did with full force and has now come back up into this same area. Expecting this to be an essential resistance area. Initial target would be 1.35200, but would not be surprised if we break the big trendline as we had pretty strong bearish momentum last month.
Bit of a messy chart here, but we can see the pink bullish trendline being broken and retested earlier today. Price has been trending inside the black channels, forming a flag pattern. What I'm looking for next week is price to drop to 1.30500 and look to buy around that area, which was previous support + we have the 38.2% Fib retracement there. Target would be 1.31777.
Very simple setup on crude oil. Looking for a small correction to the previous support. This is not only from last week, but also from many months ago. Entry at 67 Target at 62.95
As seen on chart, price has broken through the previous support at 71.50. Next support is at 67.75, so that's the target for now. May close it earlier based on price action.
This is a follow-up of my previous general idea of EURUSD for this week. On the EURUSD 1 hour timeframe we see price almost reaching the previous support area, which I'm now expecting to become resistance. Target 1.10444.
In my previous analysis I was waiting for price action to give some more information. After breaking the bullish trendline, I am expecting price to move up to 1.11 to meat previous support + the 38.2% fib retracement. SL will go below the recent swing low on lower timeframe.
EURUSD seems to be exactly in the middle of 2 interesting trading zones. Not interested in any trades currently. We saw a strong break through the bullish trendline last week and it has been dropping since. 1) Waiting price action to see if we get a strong rejection to enter short OR Waiting price action to see if it breaks through and then wait for a retest to...
Broken trendline on XAGUSD, looking for a short entry now. Expecting a small pullback to the resistance (previous support) around 29. Target 27.25.
After seeing a strong rejection on this trendline, I'm expecting another bullish rally making a new high. Target 2547.
Looking to enter short around retest of the orange line. SL and TP on the charts.
XAGUSD broken trendline, it seems likely that it will continue for a while.
Based on price action. Shift in momentum. Target around 2400 area.
USDCHF making new higher highs. TP and SL on chart.
Hey traders, The EURUSD has touched one of the two daily trendlines. Both trendlines are roughly the same, but one of them is connected to the bottom of the wick and the other one to the bottom of the body. Could possibly see some bullish moves to 1.23700 - 1.24000 area.
Hey traders, The bitcoin has broken this bearish trendline a few hours ago. If we look on the 1 hour timeframe, we can also see that it made a retest of the trendline, after breaking out. Expecting some bullish momentum for the next few days.
Hey traders, I had this setup recorded, but somehow the file is broken.. Anyway, details are in the chart :)