Looking for entry opportunities after a break of the triangle. Target will be at the top of the channel at 550-555. Thoughts?
Sugar is giving a very good opportunity to enter a long trade soon when we see a break of the bullish flag that was formed to retest the broken zone. Also rejected the 50% fib-level, we have a lot of confirmations here, don't miss the trade!
If we see price finding support at the key zone, we can look for a long entry when we see some bullish pressure.
Price broke out of ascending trend line and has a high probability to retest the broken zone before falling more down. Definitely a pair to put on your watchlist next week, I expect a strong CHF next week.
Will look for sell confirmations when we see this pair rejecting the zone on the lower timeframe. Be careful, trend is still up and could break trough the zone.
There is a possibility that this pair will create a double bottom after it broke out of an descending trend line. Although we still need some confirmation that bulls are entering the market to establish a move to the upside. Thoughts?
Price is at the bottom of an ascending trend line and formed a nice pin bar on the 4 hour chart. Very nice buy opportunity as we see the bulls entering the market.
Still waiting on some bullish power after price retested and rejected the broken zone. Some crazy profits can be made if this setup plays out. Thoughts?
EUR/JPY made a huge drop since the start of May, we expect the Euro to regain strength soon. We can look for buy opportunities when price breaks the descending trend line.
Price broke through an ascending trend line and is now retesting the broken zone. We will be ready to take a nice short if we get confirmation on the lower timeframe such as the 4h or 1h.
This is my trading idea when price breaks trough the trend line, will be looking for short opportunities after we see this break and a retest. Don't enter any trades when trendline isn't broken, there is still a high probability that this pair will keep rising.
Price broke out of descending trend line, I expect price to make a little retracement (@ fib levels) to the downside next week to retest the broken zone. If price rejects this area we can look for long entry confirmations on the hourly chart.