DiogoS55
Boeing is in an interesting position here setting up for a nice break of the downtrend into a long if this all plays out. We expect the downtrend to break and as soon as a close above the resistance is made we can long until the target! Always be patient and wait for confirmation, Happy Trading!
Amazing buying opportunity here on SNAP, we see price at a major support point and a huge gap created in the daily time frame. We can use this support to buy and for price to fill in the gap all the way to 70.
CHFJPY is in a range right now and trying to break to either side, on a Daily perspective we have 2 bearish candles in row which could signal for a trend reversal. We are looking for short entries so for that we need to break the support of the range, as soon as we have a 4Hr candle closing below this support we can look for entries on a retest or wait for a...
BABA recently hit a massive support zone and is approaching the downtrend again. With this downtrend we might see another entry at the support zone for the breakout (blue). We can also see a break of the downtrend at this level (green) Or a break of the support level at 140. (red). A Long at the 140 Level if the opportunity presents itself again is the best...
Facebook is in a massive downtrend going all the way from 380 to 320 but this past 2 weeks the price is settling around the 320 level. The big support zone is at the 300 Levels where it coincides with the recent impulse 618 fib level. That’s the big buy zone in my opinion and we might see those levels being visited in the next weeks. If FB turns a green candle...
In this chart we are currently being pushed up and down at the same time, slowly approaching a decision point for the pair. I think a bullish breakout has better chances of happening although both breakouts are possible. We have a similar target for both, targeting the start of this triangle trend, there are alot of possible entries in this one so pick the one...
If EURUSD retraces to this resistance turned support we can long at this level.
If EURAUD retraces to this support turned resistance we can look for a sell for a continuation of the trend.
CHFJPY is approaching big resistance after a major impulse to the upside. This is looking like a nice area to short but do it carefully, since JPY is really shaky at the moment. - I would only enter this trade if I see this resistance stopping this big movement up and starting to range or If I prefer to enter on a sell limit at 122.500 I would use a 30/35 Pip Stop.
CADJPY is approaching big resistance after a major impulse to the upside. This is looking like a nice area to short but do it carefully, since JPY is really shaky at the moment. - I would only enter this trade if I see this resistance stoppping this big movement up and starting to range or If I prefer to enter on a sell limit at 91.00 I would use a 25/30 Pip Stop.
EURUSD reacted nicely to the 1.55 support and iis now in a range near it, we have been in a major downtrend though. -If EURUSD keeps above this 1.55 support and breaks the downtrend we enter a long with 1.17 as the target. -If EURUSD breaks this support and continues this downtrend we can look for a short to 1.14 as our target if we get enough volatility, if...
EURAUD on a downtrend and approaching 2 supports, 1.57 and 1.56. 2 Important places where the downtrend could be broken. -If both supports are broken potential short to 1.5445 for 150 pips. -If a support does hold we need to wait for the break of the downtrend, when we have confirmation we enter on a long with 1.59/5.595 as the target.
EURCHF is near a strong support and psychological level at 1.07. Since November 2020 this level has not been broken so it’s a really good buying zone. We will be looking for buy entries if this support holds, last test it was a buy rally until 1.09200 so a good chance for a long term trade. If a candle manages to close below this support we need to look for sell...
EURAUD is testing big support again. EURAUD is failing to make lower lows since it entered this range in mid July. If EURAUD keeps closing above this support we can see another move testing the resistance at 1.615. If however we can get a candle closing below this support with big volume we can see a move down to 1.58500 or even lower since we would be creating...
EURGBP is once again testing this support, this 4hr candle will be important and will decide the direction of this pair. If we can get a close below this support we can see a strong bear move to the next support, we might test this support turned resistance before making the move down. If however EURGBP keeps above this support we might see another move to...
GBPUSD is at the 618 fib level which also lines up with the previous big support, we can expect a continuation to the downside from this level. If this level gets broken and a 4hr candle closes above we can expect a visit to 1.37 or 1.375 which are 2 big resistances. 2 Possible trades with the downside being easier in my opinion but as always wait for the market...
USDJPY is approaching very strong support, after a major impulse we can look for short entries around this level, if the price respects this resistance, to at least 111.0. If price closes above this resistance we could be looking at a major resistance break and a potential long opportunity at the retest.
CADJPY just tested the 88.000 resistance and it got rejected, this pair has been in a range from 85.500 to 88.000 so we can look for a short if this pair keeps thisup. If the 88.000 resistance does get broken we can expect the pair to go up to 89.000 resistance. If the pair keeps rejecting the resistance we can look for short entries and ride the range until at...