Break
Kiwi/Dollar Movement IncomingLets watch and see how the market reacts to this trend-line.
I will be buying on a bounce (confirmed candle).
I will be looking to see how price acts around .70035 if the trend-line breaks down. My guess is that it will be broken too, although we will have to wait and see. If it is broken too, I will short.
Aussie/Canadian Movement IncomingI'm going to be looking for movement here in this region. 3 things could happen.
1.) Pair rebounds quickly without coming close to the resistance/trend-line, in which case I will skip this trade.
2.) Pair falls further into the resistance zone and bounces off of the trend-line. If confirmed, I will enter long.
3.) Pair falls into zone and breaks below trend-line. If confirmed, I will enter short - or look to see if a double top is forming, in which case I will hold off on the trade until that is confirmed.
Dollar/Yen Long broken resistance and trendlineI've been in this trade since 102.850 when we got a confirmed trendline break/double top (or triple, depending on your definition) situation. I hope to ride this into the next price level at 106.856. You can still get in, as the 104.081 level was broken only recently. I'll probably be placing my stop @ 106.496, a few ticks short of the headline 106.5 number.
GBPAUD longI missed the initial bounce, but I think a clean break of 1.61 would be a good opportunity to catch some pips.
GBPUSD LONG BREAKOUTGBPUSD has just broken out of a bullish flag pattern and is now a prime for a buy trade.
Stop loss below the Daily trendline and Take Profits at key resistance levels.
NIKKEI 225 READY TO CRACKWe are about to break a resistance level. Whilst we couldn't on Friday, judging from the STOCH and the negative divergence of the MACD I would say there is still high negative pressures.
Can't break the ascending triangleIf it doesn't break out the triangle soon, this thing is going down
[XAUUSD] Breakout it should turn short now :)Good evening, we have the chance to open one more position on the XAUUSD if everything will go as expected it will now become a pretty decent SHORT Trend where we can surely make some profits.
AUDUSD Buy Opportunity Looks like price action has finally broke major resistance area today. Now we predict price will shoot up to the 0.7747 area. If prices can break that resistance we believe it will shoot further up to the 0.7825 level.
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.
AUDUSD short the breakoutbeware of the trend line. It coul be a good short because is nerby a strong resistance area
Triangle Break - Dow Jones Cash DailyYou can see a triangle formed on the uptrend from february, now broken. We also broke from an extended inside bar consolidation (yellow channel). If short from higher there's a good case to keep something on the table here. If not, a break of 18k should offer a pull back and retest as resistance. If that holds should be a good entry for the green levels marked.
Alternatively, if we reverse and break up through the downslope from the ATH, reverse and look long for a test of the highs.
Clearly US election news and so on could provide a catalyst in either direction. Should be some good moves but stay nimble.
GBPUSD breaking supportGBPUSD has just break a support that had been holding since Brexit, it's seems that in the fight against this support the Bears have win and a downside move is about to develop, let's wait for a confirmation from the candles to enter on the short side
