dinomalik
price has channelled down to a strong support area, short term buy to at least to of the channel.
CHFJPY Sell - Head & Shoulders pattern has formed with price having broken neckline and at a level where it is re-testing neckline which makes it a higher probability set up.At present price seems to be reacting to neckline. Entry: 140.000 Just at the neck line Stop Loss. 140.823 Above the neckline and at above recent support resistance area. If price takes...
EURCAD - Sell The Weekly major support level has broken amidst unsettling european events. The level should now turn resistance and has already tested it. Entry: 1.3376 Price has bounced of former support now turned resistance, Stop: 1.34103 Above the support area, if price breaks through to this area, it'll have taken out previous highs and possibly looking...
EURCAD Buy/Long Bounce off Support Entry: 1.33888 - 134000 1) At support which has held out since end April with 3 previous touches at this zone. 2) Also a historical key support on higher time frames Daily, Weekly, Monthly Chart Stop Loss: 1.33680 1) 20 pips breathing space below buy zone Take profit: Have labelled key zones can trail stop loss.
USDCAD Sell/Short, Continuation of Downtrend. Entry: 1.29454 1) Has lined up with golden level 0.618 Fibonacci retracement level for recent swing high 2) Top of a short term bear flag channel and short term recent resistance Stop Loss: 1.29834 1) Above 0.786 Fibonacci retracement level 2) Just above some swing highs on Daily Chart Take profit (3): 1.27059 TP1...
GBPUSD Ride the trend, Sell on pull back in former demand now turned supply zone. Take profit target at next level of support. Stop Loss just above previous high.
XAUUSD There is bearish pressure on the 1821 zone. Price is forming lower highs, showing sellers are finding value selling at lower and lower prices. It is likely the 1821 zone will give way and to the next likely support zones, then I think we will see a big bull trend reversal as Gold is bullish on the higher time frames (for a long time)
Short sweet and simple, classic textbook rising wedge on BTCUSD also meeting area of recent supply/resistance. Enter 21582.72 Take profit: 19853.63 at swing low and approx size of opening of wedge: Stop Loss: 21838.51 Set above supply zone R/R 1:6