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Midterm

EUR/USD bearish for the following week?In my opinion EUR/USD will take a drop to 0.38, I have been watching eu and I think that the next few days are extremely important, if we start dropping we will probably see momentum towards the 0.382 and maybe even the next fib levels longer term or perhaps eu decides to immediately jump up or hit us with a pullback that will reverse the trend. Who knows? I am definitely anticipating a more bearish euro against the dollar at least until we touch 0.38. This is just an idea! Good luck everyone!!
Short
by ApexLemur
GBPCHF Bearish Trend AnalysisGBPCHF - Short to 1.20 level Timeframe : Mid-Term Aug. 3 = Engulfing Bearish Candle = Bearish Strength Aug. 7 = Inverted Hammer = Bullish, but failed verification on next candlestick Aug. 15 = Falling Three Methods Candle = Strong signal for new Low @ closing, achieved @ 1.2518 - Signals Downward Trend to continue Resistance & Support Levels: R3 1.2453 R2 1.2418 R1 1.2366 S1 1.2280 S2 1.2245 S3 1.2194 * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
by ALSM59
Advanced Pattern & Elliot Wave confluence +300 Pips OpportunityNice high probability , multi argument short opportunity on the daily. In line with a short trade on EUR/GBP that I opened yesterday. Euro showed some strength since the first round of the #frenchelections2017 and the US dollar surely suffered after the #Trumpleaks. These fundamental facts pushed the EUR/USD with some significant momentum into an interesting resistance area. A combination of a completed 5 wave Elliot move + BatPattern + RSI overbought. Target on the 38.2% retracement should provide more or less 300 pips. If price comes back and double tops at entry a second chance is provided to target another 300 pips. Those brave traders who are willing to sell into strength may receive some significant return if this strategy pays off. BatPattern, especially on EUR/USD have a high rate of success but remember, no trade is a sure game!
Short
by LorbeerInv
Mid term long silverThis is my first non crypto idea. I've read/heard commodities are the most similar to crypto to trade, so i'm going into them. I'm opening quite a big position in here for my standars thanks to leverage. Here are my technichals to support this long setup. Three weeks downwards tend broken Daily RSI and MACD bull divergence Bottomed at +1year three points ascending trendline Weekly candle suggesting bottom and trend reversal ( see chart below ) Daily MACD bullish cross inminent Entry: 16.439 (or monday weekly open) Target: 17.822 Stop-loss: 15.653 Leverage: x5
TVC:SILVERLong
by bagofXMR
4
60% chance of making 2 time 500 Pips until SeptemberPreferred scenario for the summer: USD/JPY did not made into the major support area 107 - 106´s. JPY could still show strength against the US dollar, hence I gave it a first split entry at resistance to chase the 107 low prices. However, new low prices often only come after a some kind of ABCD correction. I am typically planning a second entry on D somewhere between 1.141 & 1.618 of bc, depending n the lower timeframe price action and if an advanced price action pattern will appear. First target at the april lows and second around the 107 - 106 low depending on the momentum of the desired short fall. If my underlying assumption is wrong I will hedge prices above the March highs to stay neutral and see if USD pushes above 118.6 JPY. Any one having similar midterm assumption at this stage?
Short
by LorbeerInv