LukeTimFX

LukeTimFX

Price tried to make lower lows and failed. Coupled with divergence on RSI and price action this appears to be bullish in the long term and market has hit lows. I'm expecting a bull run for the next few weeks. Long term trade here. Going to go with a tight stop loss if price comes back into chop status. Entry; 1.80321 Stop Loss; 1.79740 Take Profit; 1.95289 (to be managed)

LukeTimFX

Price has reached trendline on the hourly. Expect price to bounce here to target resistance at 135.159. RSI at 25.34 providing confluence. Entry; 134.475 Stop Loss; 134.141 Profit Target; 135.159

LukeTimFX Updated 

Price has reached key resistance level from late June highs. I am expecting this to reject key level and sell off. Entry; 1.25386 Stop Loss; 1.25531 Profit Target; 1.22656 Stop loss is potentially a bit tight so watch out for false breakout.

LukeTimFX

Price has retested previous trendline and rejected the move above. I expect price to continue sell off to previous resistance at 1.70853 Entry; 1.70539 Stop Loss; 1.71400 Take Profit; 1.67749

LukeTimFX

Price is testing important trendline on daily. I'm expecting a breakout to the upside, small retest and then to continue upward trajectory for the long term. Entry; 1.91299 Stop Loss; 1.88024 Take Profit; 2.03374

LukeTimFX

Price has come back into weekly trendline. Huge resistance here. Appears to be a false breakout. I expect a retrace to test this trendline in the short term and then sell off quite sharply. Entry; .65388 Stop Loss; .65677 Profit Target; .64025

LukeTimFX

Price broke out of channel on the daily timeframe and has retested the breakout and held successfully. I expect price to return to trendline on the shorter term where we have seen solid support and a good buying opportunity exists. Entry; 120.825 SL; 120.390 Profit Target; 122.835

LukeTimFX

Price is now retesting previous support. Look to enter once restest is confirmed and little resistance to the upside. Entry; .90447 Stop Loss; .90133 Take Profit; .93188

LukeTimFX

NZDUSD 4hr Sell. Price breaking out of previous support and resistance between .63808 and .63931. Wait for breakout and retest of previous levels before entering sell trade. Fully expected sell off to continue after retest to levels of .61606 Entry; .63686 Stop Loss; .64135 Take Profit; .61606

LukeTimFX

USDCHF Daily Buy Price is above key support and resistance at .95053 Expect it to test previous support and resistance at .96192-.96463 Buy; .95183 Stop Loss; .94739 Take Profit; .96192

LukeTimFX

Price broke out of daily support and resistance channels yesterday. Retraced to 50% on Fibonacci. Looking to go back up and test previous daily high, stop below .618 Fibonacci retracement. Buy; .91284 Stop Loss; .91121 Take Half Profit; .91745