Price is making perfect Lower Lows and Lower Highs, Price is currently in its pullback phase and enough bears have now shown up to take a short position.
Higher Highs and Higher lows have formed on the 1hr timeframe, price has also broken above the 50period ma. slight golden cross on macd above histogram bars, price on rsi is also curling up. Her is the following play I will be taking on this pair: P = 159.241 SL = 156.987 - 227 PIPS TP = 163.243 - 397 PIPS
Price has broken resistance and retested it as support on the higher timeframes. Currently price is above the 50 period moving average with the 8 period curling upwards. I will be taking the following play on this pair: P = 100.456 SL = 98.718 TP = 102.673
Trying to catch nas100 after it has broke out of a falling wedge and recent moving average cross. It has broken resistance and retested it as support. Moving averages are hold up price and should continue pushing it up.
Rising wedge on the higher timeframe, price is currently touching the resistance level of the wedge which is the best place to sell from once the bears show up. If the bears do no show up I will be looking for a break and a rest of old resistance as new support then I will get in for a buy. However I would prefer to sell UsOil as I would be selling high.
Price has broken resistance of a descending triangle and has retested new support perfectly. I expect price to get to the previous swing high. Here is the play I will be taking on this pair: P = 1.04241 SL = 1.03549 - 63 PIPS TP = 1.06414 - 223 PIPS
Higher timeframe with a perfect bounce of moving average in a uptrend. Here is the play I will be taking on this trade: P = 99.645 SL = 98.761 - 84 PIPS TP = 101.432 - 182 PIPS
Price has broken above support and retested it as resistance PERFECTLY. Here is the play I will be taking on this trade. P = 0.77301 SL = 0.76797 - 48 PIPS TP = 0.78385 - 110 PIPS
Price has broken out of a longgggg term range on the higher timeframes and has retest the old support as new resistance. Price has nothing but space and opportunity to fall. Here is the play I will be taking: P = 1.57874 SL = 1.63082 - 519 PIPS TP = 1.49387 - 850 PIPS
Price is in a major uptrend and has broken a major resistance level and had retested that level with a double top pattern. Once price breaks above the neckline of the double bottom it should continue rising. Here is the play I will be taking on this pair: P = 1.10457 SL = 1.09789 - 63 PIPS TP = 1.11296 - 84 PIPS
Price has broken below a major support zone and has also formed a long wick bear candle that has rejected the 8 and 50 period moving average. I expect price to fall a good amount of pips. This is a long term swing trade that most likely will take days to play out.
Due to economic news this morning the dollar has gained strength in the market, also because of interest rate hikes. This is causing the gpb/usd to fall. Price has rejected a resistance zone with very long wicks on multiple touches without breaking. This pair is looking very bearish.
Price has broken a support level and created a downward wedge pattern. This by default is a bullish reversal pattern. However price is still below the 8 and 50 period moving average. Along with a Long wick rejecting sellers at the old support now resistance zone. I will be taking this trade short for a good amount of pips.
Price is in a major uptrend. Confluences: - bounce off 50 fib level - moving average cross (8 & 50) - big body bull candles above MA's ill be taking the following trade on this pair. MARKET BUY NOW P = 1.10380 SL = 1.10077 - 32 PIPS TP = 1.11147 - 75 PIPS
Price is falling on this pair with a nice bounce off of the gold zone fib levels. I expect price to fall a good amount of pips. 200+
Price is extremely bearish and has broken below a major support zone. Price is also bouncing off of the 8 period moving average with a downward slope. I will be selling this pair to gain about 150-200 pips
Price is falling very similar to the EUR/USD and for the same reasons (dollar gaining strength due to interest rates) I am selling this pair as I expect price to continue going down this week.
Price has been in a range on this pair. Price is now rising from the support area of the range with nice rejection candles. Price is also closing above the moving average cross of the 8 and 50 period ma.