EagleTrades

EagleTrades

Three drives at support while STOCHASTIC in oversold territory crossing over. A good bullish signal for the coming days to weeks. Possible Target at the recent main static resistance 5420.

EagleTrades

Going Long as the pair retested an important level at the previous high, and important level where price found support yesterday. Stochastic is showing bullish divergence in oversold area and completed a bullish crossover. Add to that the trend is bullish.

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Back with trade 13, i am expecting a move towards the top of the sideways range as the pair has broken resistance around 1.7875 area.

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Long at major support, with bullish divergence on MACD, and falling wedge breakout.

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Its just a trend following trade, trying to go with the dominant trend near the main trend lines.

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Major head and shoulders reversal formation nominates DAX for the tenth trade...

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The price remains below main resistance levels. Possible outcomes and Explanation on chart

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Trade 8 is a usdcad possible correction as it hits resistance level and several bearish candle pin bars. Also negative divergence on stochastic.

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My 7th trade on tradingview... Short GBPCAD at resistance zone, with negative divergence on stochastic, and flag-like pattern

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Renewed downside pressure at Resistance zone with some pin bars + Bearish divergence on Stochastic.

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The DOW INDUSTRIAL could retrace higher as it looks oversold in the near term, could retest the 200 days simple moving average and the fibs. Technically, its the best zone to short it where it could be an area where price forms a lower high. See chart for explanation

EagleTrades

The price has broken below 2.2525 support level and the regression line, and that might extend the correction next week. But that correction could be a continuation flag pattern after the rally. I put a limit buy order near the regression support line and between 50%-61.8% retracement levels for the recent rally.

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This could be the elimination of the downside move for now, as price had a "veto" at support zone. Explanation at chart...

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After the strong rally the price has entered a phase of consolidation that could be a bullish flag pattern. That consolidation comes after a break of the longer term falling wedge formation. I expect price to resume that strong up wave.

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This is my first publication on tradingview, I would like to take this opportunity to introduce my self through a EURUSD trade hopefully it will be a great start. I am counting on the resistance 1.2825/1.2850. Also a bearish flag could be in progress to completion. Stochastic is showing bearish divergence.