EURCHF Long/Buy Idea EURCHF Long/Buy Idea
waiting for a momentum candle close above 1.1170 to buy this one
Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Trendline (in blue) and descending triangle forming (in red)
3- Rejection/Support zone from Daily 1.100 - 1.110
Three confluences are enough to consider Buying EURCHF, after a break above 1.1170 (in black)
Roundnumber
US30USD - Dow Jones Short/Sell Idea US30USD - Dow Jones Short/Sell Idea
waiting for a momentum (H1) candle close below 26630.0 to sell this one
Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Trendline (in blue)
3- Rejection/Resistance zone from Daily/Weekly (and round number 27000.0)
Three confluences are enough to consider Selling Dow Jones, after a break below 26630.0 (in black)
GOLD - XAUUSD Short/Sell Idea GOLD - XAUUSD Short/Sell Idea
waiting for a momentum (H1) candle close below 1380.0 to sell this one
Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Trendline (in blue)
3- Rejection/Resistance zone from Daily/Weekly
Three confluences are enough to consider Selling GOLD, after a break below 1380.0 (in black)
EURGBP - Exhaustion count on the daily chart.Trade Idea
The rally has posted an exhaustion count on the daily chart.
Price action has formed an expanding wedge formation.
Our medium term bias is bearish below 0.8919 towards 0.8826.
There is scope for mild buying at the open but gains should be limited.
Preferred trade is to sell into rallies.
Intraday signals are far from strong.
We look to Sell at 0.9000
Stop: 0.9025
Target 1: 0.8830
Target 2: 0.8800
USDCHF Short-Term short Idea USDCHF Short-Term short Idea
waiting for a momentum break below 0.99650 to sell this one
Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Channel (in blue)
3- Rejection zone and round number 1.000
4- Long-term Channel restest from Daily timeframes
Four confluences are enough to consider shorting USDCHF, after a break below 0.99650 (in black)
long USDJPY at the pullback to 112Buy = 112
SL = 111.9 (only 10 pips)
TP1 = 112.42
TP2 = 112.8
Signal for buy
1. 50-61.8% retracement of last bullish move
2. near the bullish trend line in 4H chart
3. round price at 112
4. Support level according to chart
if this trade doesn't work, wait for buy USDJPY around 111.7 which is the second area support level.
ETCBTC without emotion interference The blueish rectangle showing very peculiar price action which took place on the first half of august. This strong bullish movement was wiped out with couple of days and pull it down below the most important support/resistance level for this pair which is 0.02.
I can see 2 possible scenarios the pair will be pull down by 200 EMA on 4H chart and most likely 0.02 level will no be breached or Pair will do another attempt to go above mentioned level and then it will be pulled down by 200 EMA towards 0.01.
If my scenario is correct ETCBTC should stop for while around 0.013700 and then try to reach 0.01.
The pinkish rectangle refers to strong support/resistance area when closing short position is not a bad idea.
GBP/CHF Top down analysis W/D/4HWe all have seen that BOE increased their rates so obvsly pound is getting stronger. What I see now is that there's a stop hunt atm until a nice shot upwards. I'll be waiting until price drops to 1.2800 and shows a reversal confirmation.
I'm new so no hard feelings, also I'll be using this as a record of my analysis for future references. If you seen this and you feel that there's a huge mistake somewhere leave a comment. I'm here to learn. Have a great day!
Brent Crude Oil Breaks Key SupportLast post: June 5th. See chart .
Review: Price was being propped up by a pivot support zone and the daily 50sma.
Update: Price has broken through support with an aggressive bearish bar on Friday.
Conclusion: Price is within a support zone that we want to see hold strong. Any further weakness and we will look to cut out of our long trade.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Alliance Pharma Now Trading Above £1.00Last post: June 12th. See chart .
Review: Price was heading up and approaching £1.00.
Update: Price is currently trading above £1.00.
Conclusion: We need to see if price can remain above £1.00 and once we see a pullback followed by a breakout, we can look for trading opportunities.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Alliance Pharma Approaching £1.00Last post: April 28th. See chart .
Review: Price had broken out of consolidation and was trending well following this.
Update: Price is fast approaching £1.00 where it may find resistance.
Conclusion: Once price breaks through £1.00 we can look for long opportunities.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
Games Workshop Group Breaks Round NumberLast post: June 1st. See chart .
Review: Price was trading above the previous resistance level but was coming up to the £30.00 round number.
Update: Price is now above the £30.00 round number and looking strong.
Conclusion: A breakout of a previous daily high will offer us the opportunity to enter a trade.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Sopheon Looking Strong AgainLast post: May 25th. See chart .
Review: Price was performing a deep pullback after finding resistance at the £10.00 round number.
Update: Price found support at the 50 simple moving average and is showing signs of strength again.
Conclusion: We need a break of the £10.00 round number and the previous all-time high before looking for long trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Support Holding Strong on Brent Crude Oil?Last post: June 4th. See chart .
Review: Price was pulling back to retest a previous pivot support level.
Update: Price attempted to break through support but failed producing a potential indecision candle today.
Conclusion: Looking for support to stay strong and for the bulls to make a move back up to $80.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Bulls Moving Price on The USDTRYLast post: May 25h. See chart .
Review: The bulls resumed control of the market following a volatile day in the market.
Update: This was short-lived as the bears came in strong and pulled back to a pivot support zone where price has bounced to the upside.
Conclusion: Applying patience until the high of May and the major round number 5.0000 is cleared. Will then consider more long trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Games Workshop Group Growing StrongLast post: May 27th. See chart .
Review: Price had just broke through the resistance level.
Update: Price has now cleared the resistance and is facing the £30.00 round number.
Conclusion: We need price to rise above £30.00 before looking for trading opportunities. If price returns back to the consolidation zone then we need to stand aside.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading