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Midterm

Bitcoin Ascending TriangleAfter the break of the yellow triangle to the upper side and above 5200 Yuan, we are stuck in a ascending triangle. We have a big resistance above the 5350 Yuan level. We have to break the 5450 Yuan level before we can go up higher in price. The next big support level is around 5100 Yuan. After a possible downward move the price should trend up on the turquoise trendline until it hit the 5350-5450 and break it to the up side with a target around 6000-6300 Yuan.
B
by Gebbo
Good RR 3.6 on Daily chart for USDJPY TP above 105. SL at 99.87Buy limit order setup at 101.35-101.4. SL control at 99.87 With the daily chart, the downside traend has been de-accelerate with lower slope side way move from mid of June. This is concurrent with BOJ's policy. Time cycle indicate the that the price is going to have some changes. RSI and MACD give you a good idea of long term divergence which add the confidence to long USDJPY. Policy wise, Boj will never give their experiment of Monetary policy. (At least with Abe still in charge. )
Long
by andrewman520
1
LONG POSITION ON IBEX 35 - SPANISH GOVERNMENT ABOUT TO FORMHERE WE HAVE THE IBEX 35 INDEX IN A VERY SIMILAR WAY TO SANTANDER BANK. ALSO CHECK MY LAST ANALISIS ON SANTANDER FOR A GOOD TRADE OPPORTUNITY. IF THE GOVERNEMENT IS FINALLY FORMED BY POLITICAL PARTIES PP + CIUDADANOS THE BIG INVESTORS WILL COME BACK TO SPAIN AND INVEST THEIR MONEY AGAIN, THAT WILL MAKE THE IBEX 35 INDEX GO UNTIL THE CLOUDS. THE OTHER IMPORTANT EVENT WILL BE THE FINAL DECISION ON BREXIT. IF UK STAYS IN EUROPE THE IBEX 35 AND THE IMPORTANT SPANISH BANKS WILL RAISE THEIR VALUE AT THE SAME TIME OF THE SPANISH INDEX. MY CONCLUSION. I AM WAITING UNTIL THE HORIZONTAL LEVEL IS FINALLY BROKEN AND RETESTED AS YOU SEE IN MY ANALISIS. IF THAT HAPPENS THE BUY LIMIT ORDER WILL OPEN AND A LONG TRADE CAN BE MANAGED INTO A GREAT PROFIT UNTIL THE IBEX REACHES THE 10.000 REISITANCE AGAIN, THE POINT WHERE IT WAS BEFORE THE SPANISH ELECTIONS AND THE BREXIT. LET ME KNOW WHAT YOU THINK! CARLOS
TVC:IBEX35Long
by ccerezo11
5
DXY supportive to the bullish side (multi-scenario chart)Chart using ICT orderblocks. Would rather see DXY make a small retracement at 96.2 because it can then regain strength to make a higher high. Breaks are moments we need to closely monitor price action on a lower timeframe. Technically price should not trade into the orderblocks too far, since most of these barely have any wicks. In other words, we are going to allow movement into the wicks, but not too many pips into the body. If it does move into the body of the orderblocks, we'll assume price continues to the upside. If the reaction is too heavy and has too much momentum off of the bearish orderblocks we will see a consequent move or retracement as a likely probability.
TVC:DXYLong
by UnknownUnicorn468659
NZDUSD complex correctionI know this chart is a mess! but that's because complex corrective patterns are mess and they can form variety of combinations for long time; but eventually one of these waves is the final one and price will finish the corrective phase and start an extremely impulsive and trendy wave which non of us want to miss it, so we have to risk and take trades in each wave that can be the last wave of corrective phase. This wave which is about to end, is one of those potential final waves. The major idea of trade is that the whole daily correction is ending and price is going for an impulsive wave to downside (orange or red arrows), but if the waves coming out of triangle behave corrective, it's a sign that corrective phase has not finished yet and there will be waves to upside. (green arrows and green text boxes) About green text boxes: If price tend to reverse upside and continue corrective phase, it's not necessary to do it on the trendlines, there are not support and resistance, but the probability to do it on the trendlines is higher
Short
by ard3413
One step ahead of the market: Follow up on EURJPYI am looking for two different structure zones on this pair. The lower one gives us first chances to look for valid shorting opportunities. To this point we failed to retest the 61,8 % retracement, therefore the shown gartley pattern isn't activ right now. So, if we see the lower retracement I will place my limit orders to short via the lower gartley pattern. If we move straight up I will short the higher bat pattern which comfirmed all my rules by now.
Short
by WirmachenTrader
1
Outlook on OIL: JUST A SIMPLE IDEAAlthough I am not actively trading OIL this is a very interesting chart. From the lows we rallied right into the 50 Dollar area, almost doubled the price since February. The magenta arrows show the impulse legs. So we are right into the last start of the impulse leg from the recent downtrend. Based on the AB=CD we could predict, that the market will give us at least a 38,2 % Retracement. Remember: this is not a setup i trade. Just an overall outlook and maybe something to have in mind going to lower timeframes. Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
FX:USOILShort
by WirmachenTrader