RNDR/USDT: upward pennant, which indicates a continuation of an upward trend after a consolidation phase. Key levels to watch are $8.68 (support) and $13.81/$17.60 (resistance). Volume is decreasing, which is common in this pattern. The RSI is neutral at 57.54. Traders might wait for a breakout above the pennant with increased volume to consider a long position,...
If it breaks the Uptrend triangle, the target would be the lenght of the Correction. Target: 0.76 Stop loss: just below the triangle: 0.52
USDCAD LONG AT BREAKOUT: 1.32 - 1.33 SL: 1.315 TP: 1.374 (38.2%)
EURUSD is breaking a downtrend. I can possibly retest the support level of the downtrend and then start a new uptrend. Buy at: 1.133 Target: 1.150 Stop-loss: 1.30 (below low of today)
XAUUSD SHORT AT: 1245.00 SL: 1250.00 TARGET 1: 1191.31 TARGET 2: 1171.73 If it breaks resistance of triangle, possible up trend.
EURAUD LONG AT 1.4908 SL: BELOW MINIMUM OF TODAY: 1.4797 TARGET 1: 1.5035 (38.6 FIB RETRACEMENT) TARGET 2: 1.5138 (61.8 FIB RETRACEMENT)
USDJPY LONG AT: 112.625 SL: 112.385 TP: 113.143
GBPJPY LONG AT SUPPORT: 160.00 SL: 159.138 (PREVIOUS LOW) TP: 164.00
XAUUSD After posting a long position for Gold, I should maybe reconsider. It has completed a butterfly pattern and THE INDICATORS SHOW DIVERGENCE. Will change my position to SHORT. SHORT AT: 12163.00 SL: 1283.00 TARGET: 1191.90 (PREVIOUS RESISTANCE LEVEL)
XAUUSD After breaking the pennant, we can expect a pull-back to the previous resistance. Buy at: 1245.00 SL: 1236.00 TARGET: 1300.00 (length of the base - orange line)
LONG POSITION SET-UP FOR EURJPY IN 240 CHART. LONG AT: 123.50 (aprox, uptrend hit) TARGET 1: 125.00 (+150 pips) TARGET 2: 125.80 (+230 pips) SL: 123.00 (-50 pips) If it breaks the triangle downwards, possible short move.
EURUSD LONG AT 1.1016 TARGET 1: 1.11150 TARGET 2: 1.12131 SL: 1.09400
The pound is strong and bouncing at the 61% Fibonacci retracement. Target : 172.320 Stop-Los: 169.877
DAX has drawn a double bottom with trail on each candle at 9860. Long positions open at 9750 -First target: 9870 -Second target: 9930 Stop-Loss : 9670
38.2% Retracement at 1.07 Long position at 1.07
NZD is strong this week. If it pulls back to 0.670, which is structure support, it could be a good chance to long. Target at structure Resistance 0.685 BUY AT 0.672 SL BELLOW 4H BAR 0.667