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Gold break the ascending trendline and moving to the previous structure. Nice entry for short was yesterday as inside bar breakout. However we can open a short position now and hold till 1239.00 at leaset
Now price is at 50.0 fibonacci level Look for short if Inside Bar breaks down If price goes higher then short at the pr.structure
89 EMA and pullback trade On 4H chart we can see bearish engulfing candle Wait for pullback to neckline of engulfing and short Target 1.52800 1.49300
Bullish harmonic pattern is completed We can buy Cad now and target 84.540/85.440 Disclaimer The above and further references are opinions and are for information purposes only. It is not intended to be direct investment advice. These information are provided for free of charge and have not taken into account your personal financial position or objectives....
AUDCAD breakout and pullback trade We can see at pullback point Inside bar breakout occur Therefore we can short AudCad and target 0.97414 and 0.96666 Sure SL would be at 0.98520 RR: 1/2 1/4
Price turning from 180° in a wage pattern We can buy GBP and hold it till descending trendline Closing below ascending tl gives stop this trade Add: crossover on Stoch at oversold level confirms uptrend
Simple trade setup +Pullback to structure + Inside bar breakout Target 1.54400 SL 1.56200
90° acts as resistance level potential drop as correction wave start
Price is now at 270° touching ascending trendline. Wait for sure confirmation to short
Price making LL and LH, now at 135° which is reversal zone, however the possibility of reverse is low, cause there is no any resistance as previous ones. PRZ could be at 180° near to 5/8 although 0.618/0.382 If price breaks through 135° level, we can safely short at 180° 147.423 and 147.326 are entry zones
Higher highs turn to Lower highs USDJPY is now looking good to sell as 180°(PRZ) is reached. Oth there could be the right shoulder&correction waves of Elliot
UKOIL - Sell Setup Price at 120° stopped on 0.618, although broken channel retested Aiming another 180°
Price retested broken channel at 120° and moving to the next possible level - 180° and 225° Golden ratio and broken inside bar confirms upward move
Watch confirmation to anticipate the next move
We can open a short position on and hold it till the next level 180 or 225°
0.786 and 0.886 is an important level for price to bounce making the next HL and get out of triangle. Watch to enter for long between 7139 - 6787.
Ugly SHS confirmed after breakout of support zone. SL and TP is shown on chart
Price is at important structure zone as ABCD complete