Daily HeatMaps of my latest script modifications.
The colorful plots had no sense when i oculd not see what is gaining and what not so here:
** GAIN is always in GREEN
** FALL is OTHER
The kind of increadible suprise to me was that after the numbers came up (numbers used to convert to colors) i realized
that this ...
The Japanese Yen has just been on a tare. For over a year year now its been dragging pretty much every opposing currency into the dirt. This setup is merely a continuation of that observation with a triangle pattern here contracting nicely. Definitely expecting another bearish breakout. Virtually identical setups ...
Target is 50% retracement of the move down from 2.1XXX
Stop is below 113% retracement of the recent advance to 1.92XXX.
If stop loss taken you can still consider entering at 1.272 or 1.414.
Please due your due diligence,
Here is a great GEO' for GBPCAD. I recently closed out my short(related link) and am now looking to short based on this Wolfe Wave formation.
Although we surpassed 5' we did not hit 5". This calls for Geo's Off-Set Rule at point 4 to be considered as a target.
Also take notice of the ab=cd ...
Here is simple trend continuation analysis on GBPCAD. Dependent on P.A. at the trend line we could look for a valid entry point and candlestick formation.
If however, P.A. breaks above the descending trend line price could rally all the way up to 1.8550. Either way there is a lot of pips here to bag.