$usdjpy #longI think the flat begins after the re-test.
Target: 115.527
Stop: 113.98
open price 114.50
Test
EUR USDLovely set up into next week. Cross over of both 4H and 1D MA. Also currently on a daily 3 bounce. The rectangle marks the point where the market tried to push down however the proceeding candle denied the move lower. Will look for a close above the minor horizontal line to break previous resistance. This is what I see, this is my next move. Find what works for you and define your style, rememer you nor I know the next move of the market.
Shorting Gold at Re-Test of Trendline BreakSafer stops would be 1198.6 and still give a good risk/reward trade but this may do. I have already entered a short at 1188.50 (GCG7). Let's see what happens
SHORT USDCAD test 1.35600 double top short if correct to 1.34Short based on some maths and pattern formation,
EUR/USD Break and test - oldest trade in the bookIf we get the break below this level that's been tested for a while look for PA to come back up and test that level before entering.
AUDCHF Short on DailyConfluence:
Double Top @ .755 Resistance level
Weekly Double Top
High Test Candle on 9/10/2016
Bearish MACD Divergence
Triple Top @ Resistance on Hourly
Great Risk/Reward
The Next Big ThingI think this is pretty straight forward.
Solid lines = possible Fib bounce lines
Lines with breaks = previous support lines
MACD:
RSI:
(Note the date on these)
Global outlook:
SPX Big picture:
The direction everything is moving in:
$LL Short into morning spikei'll be watching $LL in the morning for a spike into the 16.50 resistance area. I will be entering my short position on the front side of the move using the 16.50 area as my risk. Will stick to stop because next resistance is in the mid 18 area.
TVIX READY FOR BIG MOVE? RETEST HIGHER LIKELYTVIX has been playing well off of daily S/R outlined in chart, likely pops soon or else 2.75 support could test. My guess is it at least tries for 3.84, and if strong enough, we could extend targets to 4.25 area.
bounce off of 3.00 strong so far
BAC TO MAKE NEW YEARLY LOWS?= Great R/R for SHORTTechnical analysis of BAC's chart indicates strong levels of resistance at 18, and 15.25, the latter of which has just seen a completed double top in the past few weeks
This indicates that we should break lows and test lower, 9.9 and 8.27 (more significant) supports are supports we could test.
let me know what you think
GBPAUD - Run out of steam?Shorted GBP/AUD based on the following reasons:
- Not able to break above 50 fib line on daily
- Beak and retest of 2.03 level
- Bearish engulfing on Daily
Caution: This might be a fake out and we could possibly just be re-testing the broken descending trendline in which this trade would be invalidated i.e. the trade would be closed if PA turns bullish.
GBPUSD: Retest of Major LevelHey guys! Found a good retracement back into the resistance level inside a channel! Good short all the way down to the end of the channel maybe?
Good luck guys! Let me know how it turns out!
Oh yeah! There is a volume divergence on the 15 min chart! Just more info to give a clearer picture :)
