Unpopular, but i think with the Monthly T line over head. The recent rally upwards on the daily. Double tops at the $10000 - Price Point. Bear MACD, A retrace needed to then continue the next leg higher. Possibly the last chance to jump in at value before a good movement towards the 2017 levels..
Daily acceleration 4 hour over extension - Looking for the pull back before going long. Trend line in play. ---------------------------------------- Due to the acceleration may not get the pull back. STOP - below S/R level. Target - Zone above.
Double bottom Bull MACD Target - 1 HOUR S/R LEVEL
WEEKLY CHART - A high test tapping the 50 EMA. DAILY CHART - Room to move to the 50 EMA even though it could offer dynamic support. Effectively we still have a higher lower which is against the move lower 4 HOUR CHART - Acceleration lower in play. PA below the 50 EMA. 1 HOUR CHART - PA below the 50 EMA. Not sure we get the retrace due to the acceleration lower...
Details on the chart. Maybe a slight retrace lower before getting what i have described on the chart. Not looking to get an exact picture shown by the arrows. Should be all clear by Tuesday as to whether or not this will work out.
Linking OIL and the CAD together with the current oil price slump. AUD linked to higher IRON ORE price. Price above the 50 EMA. Level/Zone holding currently
DESCRIPTION AS SHOWN ON THE CHART 1.4% AFTER SPREADS APPROXIMATELY
Weekly momentum Daily candle higher immediately broke down with a move lower. 4hr level touched but not convincing 1hr TF - Somewhere we get the drop below the level. I want whats described in the chart. A very clean break and re-test of the level as resistance.
DAILY - Reached the recent highs. 4 HOUR - Room to move to the 4 hour 50 EMA. 1 HOUR - Stalled at the current level, Stop behind extreme high and room for a move within zone. MACD BEAR seems pretty sure of the outcome above.
Looking too exotics to trade on. Standard pairs make no sense currently. --------------------------- Weekly and Daily Momentum downwards with room to the 50 EMA. 4 hour chart - PA below the T line after .382 retrace.. 1 Hour chart - PA looking like a continuation of larger PA to the down side. Pushing for a fresh low given the room to move lower on those...
DESCRIPTION ON IDEA
DESCRIPTION TOP RIGHT
Purely based on what i'm hearing in the news. Completely the opposite of what i was taught to do. RBA to buy bonds - $200 Billion worth, so yeah ha..
MISSED ENTRY FROM THE TRIPLE TOP OVER LAST COUPLE OF DAYS. BEAR MACD PLAYED OUT RESULTING IN THE SELL OFF SHOWN ON THE 4 HR. ----------------------------- 4HR CHART OVER EXTENDED. WAITING FOR A PULL BACK TO THE 382 FIB LEVEL. I DON'T THINK THE PULL BACK TO THE 50 EMA WILL HAPPEN GIVEN MOMENTUM LOWER. IT WOULD BE GREAT IF IT DOES, BUT THAT WOULD ALMOST CAST...
LOOKING FOR THE ENTRY TO DEVELOP AND THEN GETTING INTO TRADE. LOOKING FOR THE PULL BACK ON THE 1 HOUR DOWN TO THE .382 FOB RETRACE. IF THE BOUNCE OCCURS FROM THIS LEVEL. UP TREND ON AUDJPY STILL INTACT AND (TP) REACHABLE. THE CONCERN IS THE PA BELOW THE 50 EMA LOOKING AT THE PULL BACK TO FORM A WEDGE WITH A BREAK OUT HIGHER. IDEALLY - A DOUBLE BOTTOM AT THE...
UPWARDS T LINE + 50 EMA BOUNCE + S/R LEVEL ALL OFFERING SUPPORT. Lets throw in a 0.618 retrace on the FIb side of things. (Daily down to 1hour chart) Pivot also playing on the minds of traders as can be seen. A deeper pull back would give a great looking H/S pattern as well. Aussie due for a rally back against the Benji.. Confluence looking good. Have been...
Waiting for the retrace back to the 50ema on hopefully the 4 hour and 1 hour to get short on this pair. Consolidating weekly chart but it does seem to be having price at open close prices contains price below the level. Dropping to the daily chart we see the reason for the consolidation on the weekly that being the double top on the daily with a confirmation...
BEARISH MACD on lower time frames Reversal candles being displayed with consolidation of sorts. Higher prices being rejected. Lower high formed over all. Good R:R