Breakout of the price level around 87.00. Stop loss under one of the H4 candles. Profit target is near October highs.
The market pulled back and formed consolidation. Breakout from consolidation towards the direction of the trend, the profit target is right before the local high.
Big candle on D chart can cause some decent local trend that I'm trying to ride. Breakout of the local extremum on H4 after a pullback towards the trend that's been lasting for 3 days. SL is based on local support / under 4H candle's lows. Profit target right before the high on October 16.
The trade idea is identical to my AUDCAD idea. This position was opened as a part of risk diversification. The only difference is that resistances on the way to the profit target are more evident.
Local support (red arrow + small black line) breakout. Attempted to get half of my position when it breaks first local support (red arrow + small black line) and another half at the absolute low (02.11.18) breakout.
The important round price level 0.6650 was broken out, then today's price swing tested the level hinting that resistance turned into support. Also local trend continuation supports the idea to go long.
Price made breakout down, support (that was a PWL as well) became resistance ( on the 5m chart there is clearly seen how price brokeout PWL and that is also current WO) and then tested it several times.
technicals Price is currently testing 5month resistance area, falling star on the H4 timeframe, price is testing 100 day SMA currently.
Price seems like rebounding from resistance area that's seen on D1-H4 charts. Also there is falling star on D1. In addition falling star is based on PWH and 100 day SMA. In general It's down trend and I'm gonna open the position toward main trend.
Price seems like rebounding from resistance area that's seen on D1-H4 charts. Also there is falling star on D1. In addition falling star is based on PWH and 100 day SMA. In general It's down trend and I'm gonna open the position toward main trend.
Technicals I think it's down breakout of support area, mainly bc key price level that was being tested is PWL. On m5 is clearly seen that PWL was broken and tested again, so price tends to fall further.
Technical picture As price stays in channel currently, it would be good idea to go long in area 1.1985-1.1942 as that is local support area that was tested recently two times, also that is PWL and 38% fibo level of the last big swing. And alternatively on the M chart is clearly seen that price rebounded from resistance area and heading down, so I'll put in sell...
Technicals Ascending triangle, price is testing important resistance, due to the triangle there is possible up-breakout.
My plan is to play breakout of triangle + breakout of either PWH or PWL, I think those levels will add energy to impulse if it occurs. I'm going to put in pending buy and short orders above PWH and below PWL respectively. S/L will be set almost in the middle of triangle culmination.
99.19-99.47 is very clear, neat resistance area. It's already two spinning tops have come up on the day chart, stochastic is in overbought area and looks like going down. So I'm going to short over there. S/L will be above the resistance area and t/p in the area of recent consolidation.
Technical picture Trading down breakout, s/l is hiding behind previous week low, t/p set on approximate height of triangle. As tendency of USD looks like massive correction across the board, I think it's good chance to make some USD shorts. Fundamentals There are no so many important news regarding CHF and USD, so I think there shouldn't be any really unexpected...
Technical picture Just simple short basing on resistance area Fundamentals As it's empty day for GBP or NZD related important news that could cause wild unexpected volatility, let's try to make money with simple short term setup.
Technical picture That's simple idea to trade short as a rebound from 100 day SMA, overall trend is still bearish that undoubtedly adds odds for short position. Also stochastics (14 3 3) on H4 and D1 are in overbought zone both that confirms continuation of downtrend. I put in s/l that exceeds average day's volatility for the last 10 weeks. But s/l could've been...