I see a possible long of this pair with a pushing momentum to the upside ( after we stopped making lower lows ) + inverted H&S and an engulfing pattern + we already made a new high ( green box / look at a higher time frame ) .. Don't take your profits quickly , look for a continuation of the trend in the D chart ( a double bottom ). Wait for confirmation, no...
Pay attention to this pair, it's possible to have a breakout to the upside pushed by : fundamentals : the us economy still doing well relative to the canadian one, especially with the lack of reactivity from the central bank of Canada + uncertainty and negativity over oil prices ( with the algerians wanting to add more supply ) .. Technicals : the price made a...
I see a possible good opportunity to '' pull the trigger '' for coca cola stock, I'm bullish from the fundamental side, the beverage sector is doing good ( read the last PMI ISM report ), the company has shown good results and increasing P/E ratio over the last year and quarter and positive earnings estimates. Technically speaking, we are now between the ''...
I see here a possible long for that pair with a pushing momentum to the upside ( on the D and 4h charts ) We had a kind of inverted head and shoulders , and we started to make higher highs and higher lows aligned with fundamentals and CFT ( going long this pair ) Wait for the confirmation ( don't go early , make an alert in your platform ), and use your...
I see a possible short for this pair, under the 1.5787 level with a pushing momentum to the downside. Good luck !
volatility is down these days, but we can see in the most '' volatile '' pairs. I'm on this quick training trade. I see here a nice possible breakout with a pushing momentum. 2 targets ( around 143.25 and 145.19 . Good luck
We are looking for a continuation of the GBP downtrend, with this breakdown trade.
Expecting some continuation of volatility in markets coming days, giving some opportunities for day trading. We can see a good sell opportunity if we get to the important level of resistance ( red zone ), combined with an advanced pattern formation, and expecting a continuation in the weakning of EUR and GBP with sell offs to other currencies and assets ( USD, JPY...
I see a possible short opportunity with this inverted gartley around 75.40 - 75.63 ( red zone ) , which is important level of past resistance - Wait for a candlestick confirmation with the indicator of momentum that you prefer ( for me RSI ) - Pay attention to the volatility of these days with the possible Brexit . Note : This is only a very small of...
We are looking to short the AUDJPY pair if the price will make a come back to the 78.00 ( red zone ) , that could act as a good resistance, making stops above 81.00 and looking for targets around 74.00 to 73.50 ( 1.618 extension and on an important support zone on the Daily and monthly chart ). Use your usual indicators to determine an overbought condition on a...
I come back again with a new trading ideas . I have here a long opportunity with an inverted gartley pattern around (1.26113s ) for a first target to (1.28302) and a seconday one at (1.29655) - Wait for confirmation that suites you the most Note : Don't expect the market to go to your direction that much, because we are trading against the trend ( we expect...
We can identify 2 advanced patterns - MGP ( Mirrored Gartley Pattern ) ( violet color ) completing around 0.69193 giving us an opportunity to go long, in a major structure level ( look left ) , and in which stops should go the previous structure low to ( around 0.67890 ) - Butterfly pattern ( orange ) : looking for a short opportunity in the red zone (...
Seeking to short this pair with a pushing momentum to the downside, expressing the bear view on the us dollar with ( with bearish fundamental leading indicators ) , combined with a possible relief of the canadian dollar with the relief of oil prices ... - Trying to target the ( green zone ) or further - Important : this is only a part of the hole analysis (...
I wait for a possible BO of the USD/JPY , to go long . 119.635 as a first target ( 20% of the total seize ) - stops to breakeven 120.620 as a secondary target ( 80 % of the total seize ) keep an eye on your momentum indicator ( RSI here ) IMPORTANT : this is only a part of the total analysis ( includes also the fundamental and world view side , and risk management )
Some fundamental signs are pointing a possible reverse on the downtrend of gold. The good trade when you match this with price action, trying to take the best timing The first scenario is a break to the upside bouncing from the downside of the channel, that could be strong if it will squeeze the short sellers betting on a fall to the 1000 barrier The second...
Potential short opportunity in 2 different zones Z1 : At the level where we are at right now ( orange line ), wait for a double top, with a divergence on the RSI TP ; At ( 1.34554 ) SL : Above ( 1.43351 ) Z2 : The red zone ( Which I prefer due the good risk reward ratio, and the possibility the take action when we will have an over extension the...
I see a possible short (red zone) opportunity with a bat pattern formation in the hourly chart with : + AB=CD + 127.2 extension of AB in confluence with the D completion of ABCD and 88.6 retracement of the XA leg + The black lines are important structure levels ( scroll to the left around 07/03/2014 and the months after ) Don't forget to take in consideration...
I'm waiting here for a retracement of that pair after 7 days of red, you can short in one of the 2 green zones ( depending of the extension of the leg ) Note : Please wait for an over extension of the leg in the 4h and 1h chart TP : between 0.70935 and 0.71383 SL : around 0.68507 Everything is possible !