EURGBP 240 minute chart. Price looks set to re-enter the expanding channel after hitting resistance and retracing from what looks to be a probable false breakout. We sell just inside the channel to the base of the channel. R/R 4.38%
On the 60 minute chart, price is obeying the blue dotted transagonal support & resistance contracted channel. As price hits the (daily) orange (transagonal resistance), we should see a correction leading to a move to the downside to the lower (daily) orange transagonal (support) line at approx to 7015.1 to 6930.7. *Black lines = daily S/R
Real/Ruble 1Hour swing trade. Price obeying the transagonal support (blue dotted line). We are looking at a move up for a third touch to the top of the wedge, then reverse back to the downside and out of the contracting wedge to lower support at 12.4076 (approx).
Price rise looking imminent on the daily chart of the Argentine Peso/Brazilian Real. R/R = 5/1
The HKDUSD has NEVER broken and closed above 0.12899 (approx) since 2007 when it was digitized. Therefore, even though history is not guaranteed to predict the future, it seems highly probable that price will fall. This is one idea to set your alarm for. I have set out 4 possible trades with varying R/R all over 5/1. I have defined extremely aggressive ideas...
Idea for a possible short on Litecoin/USD. Wait for the pull-back. Entry point on a lower time-frame. *Yellow lines = Daily S/R *Pink lines = 240 S/R *Orange dotted line = strong transagonal support line
Idea for a possible swing short on the EUR/JPY. Wait for pull-back to resistance before looking to fine tune a possible short on a lower time-frame.
Idea for a short on the AUD/USD 15 minute chart. Price is now gravitating under resistance at 0.6868 and is now in a down-trend. Red line = Anchored VWAP. R/R = 3.6/1
Idea for a short on the ANZAC (AUD/NZD). Price has, and is, obeying the long-term (red dotted) transagonal resistance line. Daily resistance approx 1.074 Daily support approx 1.037 R/R = 3.44/1
Idea for a short on the cable - 1 Hr chart. R/R = 3/1 *Yellow lines = daily S/R *Purple lines = hourly S/R
Price could meet the long term transagonal resistance (red dash) line. If so, bounce back short available.
Price is hitting standard resistance as well as Gann box resistance while loyally adhering to the green dotted transagonal trendline. Another indicator of a short at this point is that RSI has reached overbought zone. Here's to Success!
Daily chart, Tilray long. Price is obeying the transagonal support line, meanwhile the EMA25 continues to sweep under price just above the standard support line. Target your preferred entry reason on a lower timeframe, the 4 hour or 1 hour chart would be fine. Success!
We drop down to a lower timeframe (4Hr is ideal), get your entry reason & short. #BarberShopCandles
Crude oil short on the 1Hr timeframe. The sky blue line is EMA25. Wait for pullback as both price & EMA are headed into the 'red-zone', an area that looks ripe for a short, especially now as price is disobeying the dotted red diagonal support line. I have two targets set up. First target is at 36.53, & the second target - for the more aggressive trader - is set at...
Price seems to be obeying previous trendlines (red dotted line & pink line). As price meets vwap once more, it looks like a good area for shorting. Wait for an entry reason, what ever you choose on a lower time frame.