View allAll Photos Tagged Pullbacks
All markets are fractal. This is a mathematical concept that means that each segment of a market has the same general patterns as every lower and every higher time frame chart. If you remove the time and price labels from your charts, you will usually not be able to tell whether a chart is a 3...
#freeebook #freebook #ebook #book #Pomdy
Editor: taphuong
www.pomdy.com/book/trading-price-action-trading-ranges/pa...
Pivot taken to the upside. Look for pullbacks to re-enter long positions for our 1.33000 target. BUY at 1.30100 and use tight stops of 40 pips looking for a 38.2% retrace to 1.33100 in the medium term. #usdcad #forex #fxtrading #investing #traders #fxtraders #trading #fx
There are many characteristics of strong trends. The most obvious one is that they run from one comer of your chart to the diagonally opposite cor-ner with only small pullbacks. However, in the earlier stages of a trend, there are signs that indicate that the move is strong and likely to last. ...
#freeebook #freebook #ebook #book #Pomdy
Editor: ngoclinh
www.pomdy.com/book/reading-price-charts-bar-by-bar/chapte...
As mentioned last week, pair now has almost reached bottom of rising channel. At this moment support lies at roughly 1.1080. There is a chance for a short for roughly 50 pips, although there might be a bigger pullback before an eventual short. Bigger opportunities are presented if the channel support does not hold and we see a larger downtrend developing. Such opportunity will probably will come later this week with the release of the NFP.
#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
The FX pair still bullish. H8 and the Daily TF players moved out to the sustainable bullish territory last week. In this stage better to calculate the ongoing correction as a complex one. But H2 may give another option as a correction inside the correction. If this happens both direction can be a good trade and the TP either S2 or R1 before the next move will happen.
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 seems to be still bullish or are maybe in a range. H8 players was first bull and after showed range two times. It means something bigger is going on. H2 players are on the border again which shows two possibilities. A) the up movement will continue strongly upward and LONG positions can be taken over R1. B) There will be one last downswing and SHORT is a good idea with the TP of S1.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
#eruusd #forex #fxtrading #proptraders #traders #fxtraders #trading #fx
In longer term (Daily TF) the FX pair is bear. H8 is also bear but some kind of pullback is or was in development. If the pullback keeps growing than it may form a complex correction. H2 is just on the edge. And its players can start a down move. At the upcoming two days the market will decide what it like to form. A) A much more complex correction or b) the up move keeps continue. Which is better..? In the opening hours its will be viewable.
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 #proptraders #fxtrading #traders #fxtraders #fx
In longer term the FX pair is still bullish due to the Daily TF players who moved out to the sustainable bullish territory last week. Therefore, it is better to think the market is just making a bigger or more complex correction. Against the higher TF players H8 and H2 are might strong enough to change the game and turn the Daily players also to bear. And this can be seen at the next days. In this stage to trade SHORT positions has got more percentage until S2. But before opening a position better to wait what will happen just before S1. It might bounce back for another smaller upswing before the move continues.
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
USDCAD continues his solid downrtrend..
At breakout and pullback of the low 1.2595 level we’ll enter a Short position to reach the S2 level. Stop over the S1 level.
#usdcad #forex #fxtrading #investing #traders #fxtraders #trading #fx
Pullback? - Con esa duda nos dejará el Merval mercadodigital24.com/ideas-publicadas/pullback-con-esa-du...
Range Trading. BUY usdcad on a pullback to 1.36700 area with a 40 pip stop looking for 1.37750. Sell on a rally to 1.37700 with 40 pip stop looking for 1.36400 or new lows.
#usdcad #forex #fxtrading #investing #traders #fxtraders #trading #fx
A bull trend often ends with a double top, and a bear trend often ends with a double bottom. Since a pullback in a bull trend is a small bear trend, this small bear trend can end in a double bottom. Because it is a pullback in a bull trend, it is a bull flag and can be referred to as a double...
#freeebook #freebook #ebook #book #Pomdy
Editor: taphuong
www.pomdy.com/book/trading-price-action-trading-ranges/pa...
The fx pair shows uptrend on Daily timeframe. H8 is in strong uptrend and just begin to show a correction. The resistance levels are still causing delay. H2 is in its first bigger correction.
LONG positions will be good to take soon according to H2. The minimum TP will be around 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 #investing #traders #fxtraders #trading #fx
On Daily timeframe the FX pair showed a strong down move. This could be the sign that the uptrend is ceased. On H8 and H2 show strong downtrend. And a correction is on at the moment. After the strong down move it is ok to expect one more downswing. In this stage it is better to look for SHORT positions as how it is shown on H2. The TP for minimum is 1.11949.
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 shows uptrend or a range on Daily timeframe. But after its last strong up move it has got more chance to consolidate if RSI won1t go over 67. It is the same on H8. And the question is how long will the correction last or is it it ended after the yesterday’s strong up move? H2 shows the up move will continue. Therefore, for a short term it will be good idea to take LONG positions.
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 minimum one new high is expected in a third wave. It seems the ongoing pullback will become more complex correction. H8 still strongly bear therefore it is good to expect one more downswing. For its TP still do not expect too much because Daily TF still bullish. H2 is sustainably bear. And for today it can give good SHORT positions with the max TP of S2 before the market will head up again.
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 sustainable uptrend on Daily TF and longer term minimum one new high is expected in a third wave. But after the yesterday’s move there is a change and it seems the expected pullback will become correction. H8 still strongly bear therefore it is good to expect one more downswing. For its TP still do not expect too much because Daily TF still bullish. H2 strongly bear. And for today it can give good SHORT positions with the max 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
The fx pair after the yesterday’s move trending upward. The smaller timeframes are all sustainable. Only Daily TF is questionable. Will the RSI hold under 67 or it will go over for more than a few candles? If holds under than the maximum TP is 1.12475. But if RSI won’t hold than it will be ok to expect much higher levels. H8 is clearly trending. Its minimum TP is 1.12381. H2 is in a really strong trend. Its minimum TP is 1.12410.
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 #fxtradinf #investing #traders #fxtraders #trading #fx
As stated yesterday “Ultimately we are still bullish medium term on this pair unless 1.34600 breaks”. 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 1.38000. SELL usd/cad at 1.38000 area with 40 pip stop looking for channel bottom. Be aware that we may have ended the decline yesterday.
#usdcad #forex #fxtrading #investing #traders #fxtraders #trading #fx
The fx pair is in an uptrend on Daily TF. There the market was in a sustainable territory therefore minimum one new high is expected. H8 is decelerating. For longer distance it is good to expect new highs. But this can give also good shorts as well because the corrections will be bigger. As how it shown because the above and at the morning formed continuations it is good to be ready under or above the candle for SHORT/LONG. TP for short is S1 for long is R2 or maybe R3.
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 can be a few things on Daily TF. The bull trend is back, range or questionable. Soon it will be viewable. On H8 the market after a stronger up move. But before RSI was out in the sustainable territory which shows that bigger down move still is still in the game. Against them are working H2’s players. They are strongly bull. To trade it is difficult. Too much confusion in the game. Therefore, it is better to take less risk. To step into position LONGs have got more percentage and to TP it is ok to expect new highs around R3.
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 sustainable uptrend on Daily TF and longer term minimum one new high is expected in a third wave after the ongoing pullback/correction. H8 is decelerating from a strong bullish movement.But be prepared for new highs after the ongoing correction. For H8 players will good to take LONG soon and better to prepare it with candle stop entry. But for TP do not expect much more than the level of the ‘green area’. H2 is about the same like H8. The only difference that if the shorter TF players enough strong than they may will be able to form a smaller lower low (maybe around 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
fx pair is still in sustainable uptrend on Daily TF and longer term minimum one new high is expected in a third wave. H8’s correction getting close to its end. This can be viewed also on H2 which shows this TF players can push the market down once more to form new lower low before it will head up again. To trade short is risky now but for a last swing it can be done just make sure to reduce the risk and do not expect too much in distance maximum S2. Latter if the Daily TF will take out upward the continuation signal than the bulls are back in everywhere. On H8 better to wait for the first divergence to take LONG. And for the bulls the TP will be R3.
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 seems to be still bullish. H8 and H2 players are still out in the sustainable bull territory which shows a new up move. Before the move a correction is in development where it is ok to take SHORT positions with the TP of S1. Around the level attention will be needed. The market can turn easily. And if that will happen LONG will be good until 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
via WordPress ift.tt/2HsxsdZ
Last week’s reversal off support has gathered pace with the rally now eyeing initial topside objectives. Here are the updated targets & invalidation levels that matter.
More…
The pipe pullback string will extend along this right-of-way. The tie-in will take place just behind this tower and then PI right to cross into the Columbia Gulf right-of-way in the next photo.