Forexsignals
Trendline Setup in EURUSDif its Break Trend line.You can buy on break candle or 2nd Candle.
if its Break Trend line.You can SELL on break candle or 2nd Candle.
AUDJPY : BEARISH SEQUENCE fourth wave completion. One should go short with SL of territory of wave (i).
XAUUSD (GOLD) LONG TRADE SETUPThe daily right side is up against 8/16/2018 low at 1159. The 4 hour is turning down against 2075. While above 1848 where the hourly is turning up Gold can correct the cycle lower from 2075 before another swing lower to correct the cycle up from the March lows.
LONG @ 1900-1897
TP: 1930
SL: 1886
GOOD LUCK !
XAUUSD BUY signal at 1897 I will buy XAUUSD because :
It has been taking support at the trend line .
It has touched the trend line 4 times and has not been able to break it.
So will be looking at buying opportunities.
Entry : 1897
Target : 1915
Stop loss : 1892.94
US30 TRADE SETUP The daily is turning up against the March lows at 18178. The 4 hour right side is up against the 6/15/2020 lows at 24430. The 1 hour is turning up against 26394. While it shows it will remain above there the index can extend higher toward 30500 in the cycle up from the March lows.
Sell @27680-760
TP: 26200
SL: 27880
Good luck !
GBPJPY: BEARISH3rd wave has started in GJ. We can expect the target for 3rd wave at least equal to the wave 1.
Don't miss the great buy opportunity in EURCAD Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.5670).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 1.5750
TP2= @ 1.5828
TP3= @ 1.5978
SL= Break below S3
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GER30 (DAX) TRADE SETUP FOR THE DAY The larger correction against 2009 lows is proposed complete at 8249 on 3/16/2020 where the daily and 4 hour are turning up. The 1 hour is turning down against 13462 to correct the cycle from the March wave ((2)) lows. While it shows it will remain above there the index can can see new highs toward 14000 in the cycle up from the March lows.
SELL DAX 30
@12740-12785
TP: 12450
SL: 12900
GOOD LUCK
GBPUSD TRADE SETUPThe daily is turning up against the March 2020 lows at 1.1412. The 4 hour is turning down against 1.3485. The 1 hour right side is down against 1.2866 to correct the cycle from the March 2020 lows. While it shows it will remain above there later it can see another swing higher to correct the cycle lower from the 2018 highs at 1.4384.
BUY GBPUSD
@1.2720-1.2700
TP: 1.2790-1.2820
SL: 1.2668
Good luck !
EUR USD Rounding TopEUR USD has given Rounding BD on 15m chart.
Trade as per Price Action.
SL level marked with Red Cross ( Closing Basis. )
If downside persists then can touch app 1.1570.
