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GE broke out of it's resistance and is heading towards its 168 fib level on the upside. Since it just broke through this level it might pullback slightly, but as long as its above 19.3, I'd remain bullish.

Entry BUY on a correction/pullback on the 50% Fibonacci retracement zone with a bullish gartley.

#eurgbp #forex #fxtrading #investing #traders #fxtraders #trading #fx

strong pullback in market knocked me out here. 3.9% loss.

If a market forms a Double Bottom after a selloff, but before the bull takes off, and it then has a pullback that tests just above the Double Bottom low, this is a Double Bottom Pullback long setup. The market made two attempts to go down, and both times the buyerS overwhelmed the sellers around...

 

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Editor: ngoclinh

 

www.pomdy.com/book/reading-price-charts-bar-by-bar/chapte...

The fx pair is in an up movement and a correction is still on at the moment. At the Daily TF no change. The next up movement is waited. The move will begin when it will worth to buy for these players. After the yesterday move it can happen any time. On H8 no change. There is still space to move downward and form a third and last wave. Still question who is in correction...? a) or b) version? H2 shows the market reached the sustainable bear territory which gives a prove for the third wave. In this timeframe ongoing correction is questionable that how long it will last… To trade: SHORT position in every pullback until on H2 new lower low forms. After look for LONG if proof is given.

Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx

The USD/ZAR exchange rate has shed nearly 5% coming off its highest point since May 31st at 10.28 R/$ ( it’s weakest since March 2009). The recent reversal is likely an indication that the currency is oversold as and could evidently pullback even further, according to Moneyweb. The recent decline from its high can be seen in the 15min chart below

ColonialLUG demonstrated the power of potential energy at the Morris Arboretum STEAMpunk Expo 2015. The Power It Up station demonstrated the mechanics of stored power. Using Technic bricks and gears, as well as rubber bands, we built pullback race cars that visitors could customize and then race to see how well they work. Visitors built everything from two-wheeled dragsters, to a three-frame combination vehicle.

ColonialLUG demonstrated the power of potential energy at the Morris Arboretum STEAMpunk Expo 2015. The Power It Up station demonstrated the mechanics of stored power. Using Technic bricks and gears, as well as rubber bands, we built pullback race cars that visitors could customize and then race to see how well they work. Visitors built everything from two-wheeled dragsters, to a three-frame combination vehicle.

Since trends are constantly creating reversal patterns and they all fail except the final one, it is misleading to think of these commonly discussed patterns as reversal patterns. It is far more accurate to think of them as continuation patterns that rarely fail but, when they do, the failure...

 

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Editor: taphuong

 

www.pomdy.com/book/trading-price-action-trading-ranges/pa...

RIMM was a swing trade entry at 30.35. Sold it on the big pullback today, regretting that now. All the others are just scalps 3-1-1

By CCN Markets: Since achieving a new 2019 high at above $9,000 at most major crypto exchanges, the bitcoin price has dropped to around $7,900 by more than 12 percent against the U.S. dollar. After a 12 percent pullback, the bitcoin price is still up nearly $2,000 in the past 30 days (source: coinmarketcap.com) While […]

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Stainless steel double-ring hook cylindrical pull-back spring is a common mechanical spring. The end of the spring is two ring-shaped hooks for fixing and connecting. Its cylindrical structure is suitable for installation in limited space and provides uniform pull-back force.

www.chaoying-spring.com/product/pullback-spring/stainless...

In longer term (Daily TF) the FX pair is bear. H8 is also bear but some kind of correction is or was in development. If it keeps growing than it may become complex. And after the yesterday’s move it seems to become complex. H2 is moving upward. But clear support from H8 players didn’t arrive yet. To trade take LONG position when the higher TF players support arrives. Until that the risk is still high. TP is expected a little bit over R1.

Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

#eurusd #forex #fxtrading #singapore #traders #fxtraders #trading #fx

Nice pullback

The fx pair is can be a few things on Daily TF. They are shown in the chart. After the yesterday move H8 players will try to move the market upward again. The only question is how deep will be the correction.

H2 players are already in bull trend. To trade LONG positions have got more percentage. TP is R2.

Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts

#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx

In longer term (Daily TF) the FX pair is just on the bullish-bearish boarder. And during the upcoming days the market will decide what it would like to be. H8 and H2 were in the sustainable bear territory which indicate the market wants to move down again. It seems H8 is the TF where the level of the correction. This can have the meaning that the trend is decelerating and the market is forming its last down wave. Which means there is not too much left from the downswing. From closer view better to expect bigger corrections but still with lower lows. To trade it is good to take first LONG but do not expect a breakout over R1. Next SHORT position will be good with the TP of S2.

Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx

In longer term (Daily TF) the FX pair is just on the bullish-bearish boarder. And during the upcoming days the market will decide what it would like to be. H8 was out in the sustainable bear territory which indicate the market wants to move down again. This can have the meaning that the trend is decelerating and the market is just before its last down wave and there is not too much left from the downswing. Or from another view the down move already ended and the Daily players already have taken the control. To trade better to stay on H2 level. Which indicates a down move is in development and SHORT positions can be good until S1. But even it seems the down move is back. It is better to expect another up in two bigger swing until R1 and to get ready for LONG because the H8 correction can become complex.

Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx

 

The fx pair is still in uptrend on Daily TF and longer term one new high is expected in a third wave. And it seems the ongoing pullback will become more complex correction. This can be changed if the smaller TF players will become more strong. On H8 TF the bears are dominated but still without Daily support. On H2 one more downswing is expected. Short can be a good idea but not with a longer run.

Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx

fx pair shows uptrend or range on Daily timeframe. And it seems the market will try to break out from the range. H8 is in uptrend and a pullback is going on which can become a correction later. H2 shows a correction which seems to be end soon or maybe a more complex sideway correction will develop. In finally one thing has got more percentage that the market will begin to move up until the minimum of R1.

Therefore LONG positions can be good idea from the level of S1-1.11654.

Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

$eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx

No change on the trade setup. As stated Thursday “Ultimately we are still bullish medium term on this pair unless 1.34600 breaks on a closing basis”. Looking into the pitchfork angle we are on our medium term axis at the 61.8% retracement of the decline and USoil hit a 127% extension at 33.45 at the same time therefore we are still looking for longs for a full recovery back to the 50%-61.8% move. BUY usd/cad on a pullback to 1.35000 area with a 40 pip stop looking for 1.37000/1.38000. You could also BUY on a break of the H4 inverted Head and Shoulder pattern (1.35600 area) should it play out with tight stops below 1.35000.

#usdcad #forex #fxtrading #investing #traders #fxtraders #trading #fx

The fx pair shows uptrend or a range on Daily timeframe. But after its last strong up move it has got more chance to consolidate. It is the same on H8. And the question is how long will the correction last or is it just ended? H2 shows also the same. So for now better to wait a little. And get ready to prepare for the next move. A) It can be a good trading opportunity to take SHORT under S1 with the TP of S3. B) If S1 will hold than it will be a good to take LONG with the TP of R2.

Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx

By CCN Markets: In the past 24 hours, the bitcoin price has dropped from $7,900 to around $7,500 by more than five percent against the U.S. dollar in a minor pullback in the crypto market. The bitcoin price has dropped by around five percent in the past 24 hours (source: coinmarketcap.com) Within the last seven […]

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cryptocryptonews.com/bitcoin-price-sinks-to-7500-as-analy...

By CCN Markets: Ripple (XRP) has attempted a pullback after dropping more than 12-percent over the past weekend. The XRP-to-dollar exchange rate established a cycle low of $0.371 on Sunday at 1600 UTC. The downside action pushed XRP’s market capitalization to as low as $16.04 billion, down 11.47-percent from its Saturday peak level. At its […]

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cryptocryptonews.com/ripple-xrp-price-attempts-comeback-a...

U.S. market gurus who predicted selloff say current calm an illusion

www.biphoo.com/bipnews/business/u-s-market-gurus-who-pred...

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U.S. market gurus who predicted selloff say current calm an illusion

Some veteran investors who were vindicated in calling for a pullback in shares and a spike in volatility could now be cheering. Actually, they’re looking at the risks that still lie ahead in the current relative calm.

The last w...

The fx pair is in an up movement and a correction is still on at the moment. At the Daily TF no change. The next up movement is waited. The move will begin when it will worth to buy for these players. On H8 after the yesterday move a divergence formed in a good level which means this is the right TF for the next move in the correction. The big question who is in correction...? a) or b) version? Or maybe the correction is just ended (question mark). The problem is also H2 does not add to much to the view. In the next few hours a lot will be decided. To trade: if S1 fall right away than version a) or b) is on. If S1 won’t fall than range between R1-S1 (or maybe the question mark way) is on.

Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts

US Dollar may be readying to turn higher against the Yen as prices trace out a triangle formation. Waiting for a pullback to start looking higher again.

#usdjpy #forex #fxtrading #investing #traders #fxtraders #trading #fx

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