Hey guys,
caught beautiful breakouts on EU and UC.
caught beautiful breakouts on EU and UC.
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DislikedI think that now is good moment to short it, we've got TL, good news for CAD, weak Dollar and jumping prices of oil.Ignored
DislikedI think that now is good moment to short it, we've got TL, good news for CAD, weak Dollar and jumping prices of oil.Ignored
DislikedHey Aediaz,
I could be wrong, but I wouldn't quite qualify the breakout on EU a fake one.
Could it be for the fact that there are two consecutive supports in such a short area/space?Ignored
DislikedHey Aediaz,
First time I might be seeing one of these.
Can we tell this is a diamond formation (diamond tops)???Ignored
DislikedTry and visit Igroks cave over here. And post that H&S as well. He knows he's stuff. But no, doesn't look like one.
He have slaughtered most of my tempts to draw diamonds lol.Ignored
DislikedI believe my imagination is starting to "see" things!!!
Does anyone, AND BE HONEST, see an inverted H&S here?Ignored
DislikedGood Morning All!
First things first, the weekly:
The weekly candle isnt finished yet, but on friday volatility is low, so i'll take a stab.
On weekly we have a nice touch on a downtrend since 17.06.2007, nearly one year, and on fibonacci retrace 38.2%
you will see similarities on the other lower highs, so next week will be interesting
daily:
whereas on daily the yen is in a nice upwards channel and broke the resistance @ 105.69 lately, closed avove it after confirming the uptrend on 03.06 with a third touch on the LTL.
So if the daily trend continues, we will see a weekly trendline break next week, which could be interesting, if the weekly however holds, it would also lead to a break of the daily channel, and will fall way down (check with the other UTL touches on weekly)
last but not least, hourly:
since its friday i don't believe we will see much action here, not so for the intraday trader but who knows, the week isn't over yet.
regardsIgnored
DislikedHi guys,
UJ Weekly - Descending Channel
UJ Daily - Ascending Channel/Ascending Triangle
UJ H4 - Ascending Triangle
I opened a long position above the LTL and will take profit before the UTL (bump & run)> reverse and set buy/sell limit orders for above/below the triangle's TL's.
It looks like a very safe trade to me.
Lets see if I can get a good pip round.
Presently @ +- 30 pips profit.Ignored
DislikedHi guys,
UJ Weekly - Descending Channel
UJ Daily - Ascending Channel/Ascending Triangle
UJ H4 - Ascending Triangle
I opened a long position above the LTL and will take profit before the UTL (bump & run)> reverse and set buy/sell limit orders for above/below the triangle's TL's.
It looks like a very safe trade to me.
Lets see if I can get a good pip round.
Presently @ +- 30 pips profit.Ignored