nahidik

nahidik Updated 

This trade is still looking like it wants to go higher. I am looking for the break of the flag with a SL below lowest point of the flag. A break of the 1 hr TL (purple) will indicate a larger correction may be coming.

nahidik Updated 

I have noticed when price action gives me a set up like this that one of three things usually happens if price action retraces close to the original retracement. 1) It bounces back up to test the previous highs 2) It blows through and creates a double top 3) It bounces 1/2 way back and then disrespects the zone. I like to wait for a close in the zone and then...

nahidik

Of course it is, maybe now maybe later. The chart shows the last major movements in time and distance. It has been stumbling since last year. We all know it is coming just nobody knows when. Perhaps 2016 perhaps 2020. Not a trade just food for thought

nahidik Updated 

Look for a beak above the blue 4 hr TL a steady descending pullback above the line and then take it long. A strong rejection of the TL and resistance level will indicate a selling opportunity. My bias is long but need to,let the price action determine trade.

nahidik Updated 

I am bearish on this pairing as it appears we have completed the daily and possibly the weekly correction. That being said there is still an upside potential in the short term. This could be a big short to the daily TL (green) and a break of that we could see Euro at or below par.

nahidik Updated 

But which way. Long term I am bullish on this pair. Short term we could get another leg down before finishing the higher time frame correction. If price action breaks the daily structure look for a good pullback and then long, long, long.

nahidik Updated 

This pair is showing the possibility of a weekly flat which price has just hit the lower entry point. If price bounces off the 4 hour trend line look for one more bounce up. There will be good potential for a 1 hour shorting opportunity 1.16 - 1.18 mark. That should be its last upward thrust for a while. I am watching carefully for a break of the trend line with...

nahidik

ETH has broken out of its 4 hr structure and rallied as expected. Now a nice retracement has almost completed. It has the look of wanting to go long as much as the XBT looks like it wants to go short. However looks don't make a trade. Watch for a pull back to the .500 where you find a trend line and strong support area. I will look for signals to go long at this...

nahidik

NGAS is very interesting these days. It has dropped to the 1.618 twice on straight runs. This latest drop has a wrinkle. It had a .5 retracement in it. If everything is in the right order I will look for long opportunities in or around my PRZ. NGAS has not been this low since June 2012. There is a strong area of support just below current price. There is a...

nahidik

Price has broken the HTF trend line and then retested it. The last move down had a .618 retracement and price is approaching another similar retracement. It looks like a possible ab=cd scenario. On a the HTF I am looking for a large move short. So target may be moved depending on HTF price action. I am not a professional and my ideas may not be suitable to your...

nahidik

This is my first published chart and I am fairly new. Please understand this only an idea so do not trade this unless it fits your personal trading rules. I see the formation of a double top combined with bearish MACD divergence. It also appears to be at an area of previous high resistance. A parabolic arc adds a more fuel to the fire. Once price action closes...