Everything is pretty much on the chart. I am posting the 4H (I don't know how to post pictures in my comments, not enough rep I think) to give the bigger picture of the swing but the entry is on the 1H, EMA cross over happening, waiting for next candle close(above). Trade Safe!!
We need to be patient and watch carefully for the outcome of this potential set up. If correct we should be able to catch a really nice impulse wave at the breakout of the triangle ( yellow trendline) I set my entry at 1.0926 because I can't sit in front of the screen today but I might just get trapped in. So if you can watch the chart, just wait for the...
Everything on the chart. Trade Safe!!
If it was to break down that Support that did turn into resistance then this might the best set up to catch a long wave down. EMA acting as dynamic resistance, hidden bearish divergence. If not, no big deal RR is extremely good to take the risk on that trade. Trade Safe!!
Price should logically retrace and retest that broken trend line, good RR to take the risk here. Target and S/L on the chart. Trade Safe!!
Everything on the chart, really good RR no reason to not take this trade. Trade Safe!!
Previous resistance seem to be now confirmed as new support. Watch for the EMA cross over for confirmation and open your position. Or take a risk for more profit and open now (I did). Target 1 : 111.750 Target 2 : 112.250 S/L 110.500 Trade Safe
This a quick in and out trade, don't take the risk if you can't be bother for the small RR. Alternatively watch at the resistance and open on the break up if it happen or short it on the way back down ( my plan). Trade Safe!!
Refer to my NG1 Idea. Check my NATGASUSD Idea to understand my reasons to SHORT Copper. It is the same set up with the exact same entry and S/L. No kidding. Trade Safe!!
It might be too late to catch that wave down but I will paddle hard to try and surf it. You will see on the chart the reason and where to catch the wave with the best possible entry to maximise our RR, in my opinion. Keep the negativity out, thank you. Entry 2.80 S/L 2.82 Trade Safe!!
I don't look much into FA but the last news of AMAZON getting into Pharma could give the stock a good leg up!! What's the saying, buy the rumors / sell the news?!? Keep your eyes on that eye, I haven't place any orders yet. Still wait a bit and see when market open (might be too late). Also TA ain't bad, check the chart. Trade Safe!!
Alibaba stock MIGHT have entered its consolidation channel after that majestic 1 year Bull run. I see a good set up/entry with that bear flag forming on the 1H. The RR is really to take the risk on this trade. As usual if you have nothing constructive to add, keep the negativity out. Trade Safe!!
Chart is self-explanatory. I'm taking the risk of a short here to ride this wave down as far as possible. But if I'm wrong or if you want to take the other side of the trade, then the setup for a long will be to wait for the cross over EMA. Trade Safe!!
Everything is on the chart. Trade Safe!!
Quick short play within this ascending channel. Keep the negativity out please. Trade Safe!!
I told you on the LONG trade to close or at least reduce position at 4.75 and I was thinking about opening a short at that stage as it was struggling at that resistance. It seem to be now at the top of a consolidation channel. We have a few signs of the price heading south the EMA cross over, volume decline, RSI cross over and the consolidation channel forming...
Just a quick play here to play with this pullback, in logic but of course I can be wrong so please keep your negativity to yourselves, thanks. Bull scenario coming shortly. Trade Safe!!
I am going long here but you can see that the bear scenario is still possible. Higher probability for the bull scenario, I am also following the higher TF trend. I can be wrong so spare me your negatives comments, thank you. Not a financial blah blah blah... Trade Safe!!