Inverse Head and shoulder has formed and has broken the neckline.. I expect price to get back up to the resistance area/zone.
Great setup on the GBP/NZD Price is coming out of a major support zone with a massive bullish engulfing candle and momentum. This is a very long term swing play: Here is the play I will be taking on this pair: P = 1.84739 SL = 1.84739 - 733 PIPS TP = 2.05051 - 1297 PIPS
Price has broken above resistance on a ascending triangle. It has retested the old resistance as new support and currently has a hammer candle that has formed. Plenty of room to move up on top of the DXY being strong this morning.
Price has broken below the support area of a symmetrical triangle. It has also dropped lower from a mini resistance area of that old support. Here is the play I will be making on this pair: P = 1.01138 SL = 1.02144 - 101 PIPS TP = 0.99416 - 171 PIPS
Price has broken out of the resistance area of a long term downward channel at a major support area. It has tested the same area as support and has currently been holding showing a very promising hammer candle. Here is the play I will be taking on this pair: P =0.69465 SL = 0.68865- 60 PIPS TP = 0.70889 - 141 PIPS
Massive bearish candle has formed coming from a major resistance area. Price has also formed a wide double top.
Price has broken out of a range coming from a major support/demand zone. I expect price to get back to the resistance level.
Falling wedge and break of resistance on the 4hr time frame.
Falling Wedge pattern on this pair. Price has broke resistance of the wedge from a major support area.
Price has risen from a major support zone on this pair. We have a bullish engulfing candle that has broken above the 50 period moving average with volume.
Price has broken a major resistance level and has retested it as support with a nice engulfing candle. I will be taken the follow play on this pair: P = 123.968 SL = 123.379 - 56 PIPS TP = 126.939 - 300 PIPS
Price has broken out of a major ascending triangle It has made higher high and higher lows from a mini support level with a bullish engulfing candle. Here is the play I will be taking on this pair: MARKET BUY NOW P = 161.999 SL = 161.460 - 56 PIPS TP = 164.020 - 200 PIPS
Price has broken out a symmetrical triangle on the 4hr timeframe. The dollar is strong as the feds talk about raising interest rates thus having the potential to push the pound down. Here is the play I will be taking on this trade. OT = MARKET SELL NOW P = 1.30682 SL = 1.31736 - 109 PIPS TP = 1.29386 - 125 PIPS
Downward channel falling into a major support zone on this pair. small morning start candle stick pattern on the 2hr timeframe. it would be a safer trade to get in after the breakout then a retest, Im just trying to catch it early. Here is the play I will be taking on this pair: OT = MARKET BUY NOW P = 1.63255 SL = 1.62865 - 42 PIPS TP = 1.64541 - 125 PIPS
Gold fell today because of peace talks regarding the war but has since found its floor which was a previous major support zone and is starting to turn around. Macd is showing upward movement with a potential golden cross. RSI is also coming off the lower levels of the oversold state. Here is the play I will be making on this pair: P = 1921 SL = 1912 = $9...
Picture Perfect Setup on the daily time frame, - Price turning upwards from major support/demand zone - Price oversold on RSI - Golden cross forming on MACD - Divergence on RSI here is the play I will be taking on this pair: Buy P = 1.38865 SL = 1.34693 - 417 pips TP = 1.45492 - 663 pips
Price is currently at a major resistance area, and has formed a double/tipple top it has also broken the uptrend line on the 1hr time frame. Macd golden cross has already happened and price has not been able to break above resistance and sustain. Play I will be taking on this pair: P = 97.962 SL = 99.550 - 160 PIPS TP = 91.634 - 631 PIPS
Take a short posistion on USoil as price had bounced off the 50 period moving average in a major downtrend from the higher time frames. Here is the play I will be making: USOIL OT = SELL STOP (PENDING ORDER) P = 104.20 so really 105.20 SL = 105.07 so really 106.07 = 83 pips TP = 101.97 so really 102.97 = 297 pips