Price has been Bearish Since 2014. 2015: Price Broke Key support Area Price is Now testing Resistance. 3 Tests have Failed (September, November, Last Week.) The reason For the Short. - 200 EMA Respected - 3 Test Failure - Bearish Engulfing last weeks Candle, (Heavy Strength) TP : 230 Pips from Current Price SL: 70 Pips If TP is met, Half Of position will...
NOTE: This one requires Alot of Patience. Monthly: Bullish TrendLine As it stands, 2011: Price Hitting Peak Levels and has been Bearish Ever since. In 2015: Break of 61.8 (previous Support) Towards Downside Target of 0.786. Price is NOW moving Bullish back up into the 61.8 (Resistance) Price can either Break the 61.8 (bullish) & 200 Resistance With potential...
Description: As shown above we have FX:EURAUD . This pair is currently Bearish ----- Monthly: 2009: Price became bearish And broke Major Support (1.59) in 2010. Price became bullish to retest new found resistance (1.59) but was unsucessful breaking this level. RSI: Bearish Territory EMA: 200 Acting as Magnetic Resistance (1.59) Level 50 Price has recently...
Description: As shown above we have FX:NZDUSD . This Pair is currently Bearish. Monthly 2008: Price rallied bullish Breaking (0.65) level until 2014. 2014: Price came down Bearish to test (0.65) area but cannot break past this level. RSI: Bearish Territory EMA: 200 acting as magnetic Support 50 acting as Magnetic Resistance --- Weekly 2014: Bearish Movement...
Today Was Bullish momentum which has pierced the Upper TL holding price bearish Since 2015. I would wait for a Re-test before getting in on the bullish Side. I would also wait to see what the Italian Referendum has to offer. - Happy Trading.
Here we have the EURJPY Situation: We have a Resistance TL Pushing down price since June 2015. Aggressive Sell - To Bottom TL Buy - Bottom TL cannot be Broken back up to Resistance TL (Buy Low , Sell High) Safe Buy ( if we break above TL) To the EMA Bounce Sell ( If we Break Bottom TL) - Move stops to B.E and ride the trend
AUD/USD has been in a bearish since 2013. We have now come up into retracement. Price to under EMA (200) Donald trump= Business man! Strength on USD for comming months. - 1st take Profit at 0.68 Level. - 2nd Breaking the 0.60 barrier. Send me your thoughts and ideas ill answer them as best as i can Happy Trading.
Heres the EURAUD update. If There is Strength in the EUR Then It will go To Take Profit before continued up Movement . if AUD is strong then Well Take Profits and Hold For 3 Months. And hold until 1.16 Level Levels to watch 1.51 level 1.56 level 1.60 level 1.65 level If the EUR strengthens Levels to watch 1.36 level 1.30 level 1.20 level If the AUD...
Description: As Shown above we have FX:EURAUD . This Pair is currently Bearish. Monthly: 2009: Price was bearish and Broke Major Support (1.59) in 2010. Price became Bullish to test new found resistance (1.59) but was unable to break this level. RSI: Bearish Territory EMA: 200 Acting as magnetic resistance (1.59) level. 50: Price has recently broken this EMA...