gibbsys
Identification of a sell zone on AUD NZD here. Possible short coming up around price level 0.6700. I would expect retracement to reach either the 0.5 or 0.618 Fib Levels, TP 1 and TP2 respectively. Also multiple examples of RSI divergence shown as price enters the resistance zone.
A support and resistance trade setup here, we have identified Support and Resistance zones with multiple tests. We look to take a short if price respects the upper resistance.
Some basic chart analysis on Genmab. This is more to bring your attention to the stocks long term growth prospects. With a TTM P/E ratio of 29 and a FWD of 3, combined with solid revenue growth TTM and FWD leads me to suggest that Genmab will thrive in the coming months and climb to all time highs.
Nice descending parallel channel set up on USD CAD. Also a general bearish trend on a wider time frame. Notice Lower Highs and Lower lows on the chart. We look for a retracement to the 0.618 Fib Level
Possible CHF JPY Short setup here. Shown by a flag pattern on the 4HR timeframe and multiple levels of resistance on the 1 HR Chart. TP and SL shown on chart.
Dropped down a timeframe to check confirmation of breakout and retest of channel. We look for the continuation of the bullish trend of the higher timeframe.
Possible AUDCAD Long idea. Confirmation on the 4hr of general bullish trend Ascending channel Confirmation of channel by an engulfing candle I would set TP at the 0.618 FIB level or the 0.5 Fib retracement with SL set at a channel breakout.
GBP JPY Triangle breakout. Triangle breakout Retest of trend line seen TP at previous high MACD Confirmation Close if it breaks back in
we await for a EUR GBP long opportunity Trend analysis Channel formation Fib level - 50 tp Awaiting MACD confirmation
Very simple analysis here, no fancy indicators. EUR JPY - Short with TP at the 50% Fib Level Lower Lows Tp at 50% Fib level Triangle formation Divergence on the RSI
Nice little pull back and bounce off pivot towards S1.
We look for a TDI breakout before entering as it could still fall further to double bottom but there is some nice resistance here.
Hi Guys, Hope its been a good day of trading plenty of opportunities. This one is nice if it bounces off of daily pivot towards a previous low. It could fall even further down wards S1
Hi guys, a nice retracement here as it bounces off R2 here. Be careful as always when taking a trade after a big rise. But with proper risk management profit can be made
Following the 200 EMA here guys with a nice pull back then a longer term bearish trade. Once it breaks through pivot I would take the short until S1
Hi Guys, bearish in the pound today. A nice bollinger band breakout to the down side. We look for it to breakout to the downside towards pivot.
We see a bounce of S2 towards previous low and daily pivot. Be careful due to the big uptick but still I believe profit to be made.
We see a nice trend line occurring here we need to see if it respects S1 and the underlying trend before jump in the long position or the short. but a nice set up nether the less.