-AUDCAD seems to have broken out of its bearish trend due to interruption of setting lower lows . -Watch out for the bounce off of the 0.618 fib level for a good entry Suggested entry 0.99500
Continuation of the current short-term bullish trend Wait for the interaction and bounce off the bottom trend line and BUY that up! Safe and successful trading.
Very good opportunity to trade the bearish trend : -Just hit 0.5 fib level -Previous support trend becomes resistance -Trend is bearish -Market overbought at 75 index level (RSI very harsh index settings here) TP is at 148.588 long term at the 1.272 fib level
-Hourly trend is bullish, with the market not violating any of the trend lines -Yesterday (11/3) we pulled up to the market upper trend line and did not break -RSI with index upper 80 lower 20 was almost overbought (overbought on 70) Friday showed a good opportunity to short, however it is not too late to make some pips on the short side trading the chart and...
Hitting the previous support of a H&S pattern now resistance+ short trend line. Good opportunity to enter quickly, Safe and successful trading!
The EURUSD is about to hit a very strong support level on the 1h chart with numerous bottom tests. Chances are higher that it will not break, but.. Hey its the EURUSD, anything is possible! If structure prevails we should see an steady rise and hopefully some decent sized profits Suggested enter: 1.08000 Suggested TP1: 1.10635 Take care of the TP1 level if you...
DAX30 is about to hit a resistance level that previously got double topped+the current bearish trend line. Chances are high that it will not break 9560-ish level. Thus I would see it a very good and relatively safe opportunity to go short on this one! Safe and successful trading!
As S&P500 has been in an upward trend, it is likely it will continue to follow that. With this upward trend entered at early February, long positions can reap good profits. Personally I identify 3 possible LONG entry positions: 1. Which is here at 1945.2. However, it is highly likely that before continuing going up. 2 . It falls to the very strong...
Oil seems to have no achieved a new structural high to continue it Bullish Breakout from Monday. If this is the case then this can be perceived as a start of corrective movement to get back into its earlier long term Bearish trend. If Oil continues to fall and reaches the lower trend support line, watch carefully for the breakout and hop on a SHORT position....
As a trader who is heavily reliant on trading the trend, I predict that EUR/USD should have a leg up in order to continue its current one. Keep an eye out for yellow resistance levels. Safe and successful trading
I managed to predict on Monday that Oil was going to fall down and it did come crashing. However this fall was just part of the trend, the down leg (you can find link to idea down). Thus I believe its next move is a leg up where it will achieve a new structural high at 35.7ish as part of its upwards trend. Keep an eye out for that 33.7 resistance level! Safe...
-Predicting a rise until the resistance level at 1.421 where it will probably not break and head down to -The level at 1.363 is a MAJOR support level (3rd time it will be tested since 1994) SHORT TERM! - I would go short at 1.42 until 1.36 and then close and go in a long position (1.36 up to the skies).. It will NOT break and should jump back up! LONG...
Continuation of trade is quite likely in my humble opinion. If it goes down as expected on my side, then potentially 1.366 approx level would be TP target 1. Could possiblely even go lower if it manages to break the support level. Safe trading!
Hello everyone, as you can see today US-OIL broke new highs! It seems to have entered a new short-term Bullish Trend and now its on its "down-leg" towards the bottom trend/support line. I've personally risked my capital on this deal but keep in mind that I'm a newbie trader and my advice might not be reliable.
Hello everyone, This is my first idea and tomorrow will be my first trade with Real Capital so I decided to post this that I have planned for tomorrow's trading. Looking at the market, a turnaround seems quite likely. Firstly, discussing political and economic factors: Brexit discussions seem to be in favour of UK staying with the EU and thus I expect the...