Price near key Daily Support Daily Stoch is very oversold. Wait for buy signal at key Support level
H&S Pattern Developing Daily Stock Signalling Sell Still below 55 EMA so downtrend intact. Key Level likely to be tested again and that's where we will Take Profit
23% Retracement on EU/USD Pair as its overbought and no deal brexit worries continue to weigh on Euro
Enter: 12633.64 (Now) TP: 12491.52 SL: 12673.34 RR: 1: 3.54 Brexit Uncertainty makes a weekly test almost inevitable in my view. Large institutional sell wick and Stoch sell signal indicate further downside.
Daily Stochastic Signalling Sell Price at key resistance. Wait for retest then sell on Daily. Try and Keep Stop at least 30 pips away from Key level on retest to prevent liquidity top hunt
Entry: 1.31208 (Now at Daily Support) SL: 1.31008 TP: 1.32136 RR: 1:3.69 Price is at key daily support and oil is showing short term weakness which will affect CAD. Stochastic oversold on 4 Hour and Daily. 55 EMA is the Target.
Entry: 1.32460 (Allow price to test Key Daily level before entry as daily stochastic is oversold) SL: 1.32824 TP: 1.29372 RR: 1: 6.72 Price below all 3 EMA's and Trending downwards.
Entry: 1.07380 (Now) TP: 1.09954 SL: 1.06810 Cup and Handle forming Clear up trend and above all 3 daily EMA's Key Daily level already broken and tested Target is a key weekly supply zone.
SL: 53.97 Entry: 53.78 (Now) TP: 52.80 RR: 1:5 Stochastic Signalling Sell Below 9 EMA Large Bearish Outside Red Candle Target Weekly Level
SL: 53.97 Entry: 53.78 (Now) TP: 52.80 Stochastic Signalling Sell Below 9 EMA Large Bearish Outside Red Candle Target Weekly Level
TP :0.87795 SL: 85773 RR: 3.41 Wait until clear bounce from weekly level to enter. Probably about 3-4 hours from now. Price is currently testing weekly Support and Stochastic is showing strong buy signal on daily. Boris unlikely to get Deal through Parliament in it's current form which should help drive this long trade.
Price is about break a huge weekly level on the back of potential Brexit Deal. Huge Breakout Imminent
SL: 0.67644 TP: 0.66936 RR: 1:3 Entry: Now Cross on 4 hour 9 and 55 EMA Bearish Head and Shoulders Pattern Large Institutional Selling Wick In terms fundamentals IMF has cut Australia's growth forecast which should drive price down.
Strong Buy Signal on weekly Stochastic. Shelley test net deemed a success and roll out expected end of this quarter. Target is key weekly level after hopefully successful Shelley implementation at the end of this quarter TP 0.0935 SL 0.0375
Gold at critical Daily Support (in Red) after Testing it multiple times previously Daily Stochastic indicating sell signal Below Daily 9 and 21 EMA. Entry around 1496 to allow price to test the 21 and 9 Daily EMA. RR: 1:8 Entry: 1496.29 Sl: 1503.79 TP: 1435.60 (Weekly Support in black)
Trend Clearly Bullish Above 55 Daily EMA Repeated test of weekly level in quick succession suggests a break is imminent. Clear bullish inverted Head and Shoulders pattern just below weekly level. Clear institutional buying as seen on chart. In terms of Fundamentals we have better than expected manufacturing data coming out of Germany last week (PMI Index)...
Below all 3 EMA's on hourly. Trend Downwards ON HOURLY Target key Daily Level Stochastic Showing Clear Sell Big Red Wick indicates institutional Selling SL 1.33008 TP 1.32465 Trade Active enter now.
Retest of Daily Trend line is occurring. Bearish Reverse Cup and Handle forming on 4 hour Chart. Wait for breakdown of Handle to enter Short or after stop hunt at key daily trend line level. TP 1.88 which is a key Daily level Target.