KVE

KVE

This pair has been trading in a range between a support and resistance zone for the last couple of weeks. PA recently broke out of a triangle but was stopped by resistance above (possible ascending triangle boundary). There is also a possible "up" channel in play which could be broken to the downside soon (also the ascending triangle trendline). The question is...

KVE

I am short after the storm cooled down from the FOMC decision to leave US intrest rates unchanged @ 0.25%. Not sure anymore now and considering tightening my SL levels... Two patterns could be in play for this pair on the 1H and 4H charts: - a simple pattern namely a descending triangle which could point to a bearish direction. - an advanced pattern namely a...

KVE

See comments in the chart. PA breached the symmetric triangle to the upside but was stopped by the upper boundary of a possible bullish ascending triangle and is now retesting the upper symmetric triangle boundary. It is difficult to predict the direction at this stage so I am currently only considering trading this pair after I see a confirmed breakout, either...

KVE

This is an update on my previous idea on this pair. The FOMC decision not to change US interest rates sent this pair on it's way to possibly fill a bat pattern! I've included 2 possible butterfly patterns (possible with a B @ .786 of XA and 2 possibilities for the completion of D) and 1 possible crab pattern. The blue arrow points to the preferred scenario, the...

KVE

My first analysis on this pair. Current bias is up, possibly after a retracement! But the FOMC rate decision could take us who knows where... If we get above the high of September 9th we could be on our way to fill a possible advanced pattern (partially shown in the chart in orange)...

KVE

I am currently long in a short trade based on an idea by another member but I'm currently also looking to get short for a possible further ride down. I'm basing this on the fact that we had a retracement to the 50% level (almost) of the move down which started on August 25th and ended on September 04th and the fact that we have just witnessed a considerable move...

KVE

There's alot on the chart I admit... So it might again look somewhat cluttered but it is important for me to consider all the different scenario's and because I don't want to forget my reasoning if we continue on the path that I think we're on and which might take months to years to develop... If you take the time to look at the details I hope you will agree... ...

KVE

I was short earlier on this pair based on an idea from another trader but I've closed the trade since I didn't entirely feel good about it... As I see it now we don't have any clear signs of a reversal of the current uptrend yet. An ascending triangle might be in play also. Several scenario's are possible: we could break the lower timeframe trendline and go...

KVE

I'm currently still long with a small position based on the completion of the bullish bat from a previous idea (also drawn in pink here): I'm also looking to add longs after a retracement based on this idea (we might not get much of a retracement though...): My bias is therefor currently still long! However, when my current longs have played out (or not...)...

KVE

Related idea by FullTimeTrader linked below. The 50% retracement level could give us an ideal entry with limited risk to get short on this pair around the 2.0500 level. Good divergence on stochastics and MACD histogram on the 4H chart. I'm placing my sell limit at 2.0478 cuz I don't think we will get to the high of earlier today again. If we get well above 2.05...

KVE

This idea is a direct result from my previous analysis I will go long after a retracement to get a better entry level. My buy limits are in place but one could also wait for a confirmed bounce off the trendline (or a possible breakout and alternative reversal scenario!). My 2 targets are at previous structure levels (the coloured channels). SL will be below the...

KVE

This analysis is a "clean slate" analysis. I have incorporated some previously identified channels and simple patterns and have added some possible S/R levels based on previous structure and Fibonacci. Some sort of breakout is bound to happen soon (within a cuple of days): we have already 2 inside days, several oscillators are around their centerlines and PA is...

KVE

Not sure about the validity of the pattern because of the C point being so high.. We might see some stalling at the current level because of this small trendline (+ divergence on RSI and MACD) but I do suspect this will be limited. If we get below the current trendline, completion of the bat should come soon (divergence on the daily building). I am however...

KVE

Taking a closer look at this pair..., see linked idea. Looking at other options and/or possible further unravelling of the longterm situation. Mind the timeframe!!, (Very) longterm!! Anyway, this is a potential roadmap to base my further trades on and a variation on the other idea I posted before. Bat and butterfly patterns in the back are very premature...

KVE

Based on an idea from FullTimeTrader () I am currently looking to short this pair (big decline sounds like music in my ears...). On the monthly chart the recent spike was a perfect 50% retracement of the september 2001 to March 2013 down movement and as it turns out that also perfectly aligns with the 61.8% level mentioned in other members' idea!! A bearish AB=CD...

KVE

I am currently short since last week based on previous ideas posted by other Tradingview members (backed by clear divergence on my momentum indicators and some bearish patterns showing up on my MT4 platform pattern recognition indicators), hoping to be able to catch the big move down to the higher timeframe trendline when or if it comes (like in the USDCHF pair,...

KVE

The "up" channel (possible bearish flag!) and current "up" trendline which is still holding at the moment suggests to me that we might see some further upside in the coming days/week. Especially since we've not yet tested that 38.2 fib level of the May 2014 to March 2015 down move, which still looks so attractive to me as a short-term "up" target... This level...

KVE

Not sure if the retracement from the high earlier this week is over yet, but as the move is slowing down I am currently looking for some short-term longs. I think I managed to identify 2 possible bat patterns which could act as possible entry points for long positions. If I'm not quite right in the way I drew these patterns then hopefully someone will point that...