All clouds are bearish. We are close to very long term support line. I think it is going to break because it is already 4th attempt. We also have descending triangle in a down trend.
Since long position did not wok out let's try another approach. Short on breakout of trendiness and triangle. Plus 4h cloud is bearish
Short $AUDUSD on Daily bearish cloud
Short $USDCNH on all Bearish clouds
Long $EURJPY. Bullish 1H and 4H cloud. Also that 4H formation looks like inverted head-and-shoulders. First target is 139.80
Yet another $EURGBP Long Bullish 1H cloud Great run-up yesterday.
Long $EURNOK Buy Stop Order above 8.1637 If we go up now, then I can expect retrace up to 8.28 ish ?
Playing down. It is either BC or some kind of retrace down. Not bearish yet, but a correction is possible. Hence the trade.
Very interesting setup for Long Position in $USDCAD. Ideal scenario: price goes down to 1.0820 or even to 1.08 Good time to buy there with a stop 1.0750 and target very far up in probably 1.1120 ? I think the issue here can I wait for price to go or it just jumps from here up and never look back ? P.S. Reason for the trade Bullish Daily cloud, 4H cloud and 1H.
Long $WTI $USOIL small trade. Double bottom. New hourly uptrend. 1H Ichimoku is bullish.
Short $AUDJPY on Bearish 1H Ichimoku cloud
Long Silver XAGUSD on Bullish Daily cloud. It looks like we have doble bottom some time ago and now cloud is trying to form new uptrend. Plus possible breakout from triangle. Worth to try going long, I think.
It will be great if on Monday price could go a bit lower so I could open Long position with Target 5550. Very small position, Reasons^ Daily cloud is still very bullish and I think we have fallen a bit too much to fast. Also we crossed the supporting trend line, it was not convincing enough on daily. Price will need to correct towards 5530-5550 ( or more ? ) to...
Gold Miners $GDX is ready to pop ? Ready for the long. Will open long position on Monday. Reasons: - Just left triangle - Above all clouds - OBV is also showing very good volume coming on buyers side - It looks like that Gold itself is also going up soon. - the whole picture of bottoming also looks like shoulders ( at least to me )