Long EURGBP with positive momentum on both Daily and Weekly (see upper and lower right). Pullback towards EMA21 on 240 min has been made, which now functions as support (see upper left). Trend is strong with ADX > 25 on 240 min. Stop Loss @ 0,89100 (about 10 pips below pullback on 240 min). I will increase the Stop Loss to Break Even if 1:1 is reached, making...
Short GBPCAD with negative momentum on both Daily and Weekly (see upper and lower right). Pullback towards EMA21 on 240 min has been made, which now functions as resistance (see upper left). Uptrend is strong with ADX > 25 on 240 min. Stop Loss @ 1,63770 (about 10 pips above high of pullback on 240 min). I will increase the Stop Loss to Break Even if 1:1 is...
Long AUDUSD with positive and rising momentum on both Daily and Weekly (see upper and lower right). Pullback towards and resistance at EMA21 240 min has been made and has been targeted (see upper left). Uptrend is very strong with ADX > 25 on 240 min. Stop Loss @ 0,78650 (about 10 pips below most recent low on 240 min). I will increase the Stop Loss to Break...
Long NZDUSD with positive and rising momentum on both Daily and Weekly (see upper and lower right). Pullback towards and resistance at EMA21 240 min, which has been targeted (see upper left). Uptrend is strong with ADX > 20 on 240 min. Stop Loss: @ 0,73240 (about 10 pips below most recent low on 240 min). Will increase S/L to Break Even if 1:1 is reached,...
Long GBPJPY with positive momentum on weekly and with pulse fired. Resistance at EMA21, daily, which was targeted yesterday and the day before. Uptrend is strong with ADX > 20 on daily. I'm taking quarterly profits @ 1:1, 2:1, 5:1 and 10:1 with increasing stop loss if targets are reached. Stop Loss @ 145,161 (10 pips below most recent low). Increase S/L to...
Short Silver on negative weekly momentum and resistance at daily EMA21 and SMA20. Stop Loss @ 16,387 Take profit at 1:1, 2:1, 5:1 and 10:1 with increasing Stop Loss.
SPX500 might be on its way of creating a bullish flag. Long positions should be taken at around 2080. Target: Yellow line (resistance) Stop Loss: 2060
Silver has had an incredible rally the past few weeks, but is has now formed a bearish Shooting Star. This could mark a new higher high (HH) and a possibility of going lower, making a new higher low (HL) around 17-18 dollars/oz. RSI is also indicating it is strongly overbought (RSI @ 84) Because it probably has started a major overall bull market, a short position...
Stalled Pattern. Indicating rally is running into trouble.
A big bearish wedge has appeared on SPX500. Will it bounce from here up and upwards to its upper boundary at about 2200 and then crash? Or will we see a crash much sooner?