Price got rejected at 61.8 Fibo Extension, 50 EMA. Bearish Trend continuation in my opinion. USD strenght is the key at the minute. SL: 0.7923 TP1: 0.7885 - 127.20 Fib Extension TP2: 0.7845 TP3: 0.7800
Quick long idea for Daytrading. I'm expecting the price to go up to the Trend Line & R1
I think we have here for now the bottom. I'm expecting from here a long move to the previous trend channel.
I'm aiming with this short for the 1.00000 price level, which has to be retested in my opinion before any new highs happen. Price felt bellow 13 and 20 MA and couldn't manage to close above the MAs' again.
IMO a nice short opportunity. Goal is a lower low.
NZD/USD is respecting channels support and resistance really nice. So this is my Idea, which is not an advice! :)
Will ebay close the gap from october 2016?? In my opinion it will. The question is when. :) This is just an idea after going trough lots of US stock charts. IDEA NOT ADVICE! :)
EURUSD closed the weekly candle with a long legged Doji outside the bollinger band. Not to mention the massive support zone we have around 1.0510. This could activate a rocket correction from the last 14 days of downtrend. Another interesting thing is the movement from November 2015. After weeks of downtrend the price turned in the last November week at 1.0510...
Entry Level: 1.2207 Stop Less: 1.2185 Target: 1.2272
Entry Date: Thursday 03/11/2016 Entry Level: 104.16 Stop Loss: 103.30 Target 1: 105.50 (50% Size) Target 2: 106.90 Target 3: 109.90 USD/JPY Monthly Candle was a long bullish candle and in my opinion we will see in this month a similar candle.
The Dax tried the last couple days to reach the old yearly high but couldn't close over the high of August at 10800. I expect the price to fall towards the support at 10500/10450. I'm expecting the price to rest in the range between 10350 and 10750 until we know who the next US President will be. I see a breakout and close over 10860 bullish ----> Target...
The last bullish movement in gold stopped at the EMA 200, 0.382 retracement, and the old trend channel. I would like to see the gold price going down to $1240 to retest the October low where it might continue the bearish trend towards $1200. We have important news for the USD this week and the US election is in 10 days. So there might be soon a lot of action in...
Entry Level : 1265.40 Stop Loss : 1264.50 Target 1 : 1267.8 Target 2 : 1269
Price turned at the MA200. Now a bearish candle in Daily Chart. Expecting a price correction to 30.00 thenn a up move to 38.00 RSI, Stochastic and MACD overbought. Entry Level: 30.00 Stop Loss: 29.00 Target: 28.00
Entry Level: 78.30 Stop Loss: 78.20 Target 1: 78.71 RR 1:3 Target 2: 79.00 RR 1:5 This aligns with Risk management and my setups :) Take this as an opinion and not as an advice.