will biol blow up? the road to 2.14 good fundamentals. hoping for reversal, to 2.14-2.2. solid entry, try 1.94/1.2 is 1.61 so around there is perfect for the correction up. best!
Confluence
AUDJPY - Looking interestingAJ Looks of interest i can see a drop into the confluence area, waiting for confirmation on lower tf for short entry.
CADJPY Multiple confluencelarger time frame i see a long trade, lower time frame i see a short trade set up.... since higer time frames matter most i see CADJPY going to 87.5
USD/JPY Shark Bullish Setup 111.200USD/JPY
-potential long opportunity at the D leg completion of bullish Shark setup.
Stop loss would be 20-30 pips of D
Target 1 - 112.856
Target 2 - 113.651
AUDUSD confluence3rd upper trendline touch
previous resistance
hourly spinning top/doji
perfect ABCD harmonic completion (.618 to 1.27)
1H & M15 overbought stoch rsi
entry order @ .76945
SL @ swing high (C-D leg)
TP1 @ .618 retrace of C-D (possible three drive)
TP2 @ swing low (B-C leg)
TP3 @ lower trend line/swing low (AB leg)
END OF EUR USD BEARS?Looking for a potential reversal pattern to trade to the upside.
Keep an eye out for a breakout from the trend channel.
USDJPY BEAR VIBESConfluence:
Triple top on the 1HR Chart
Price has yet to create a new Lower Higher , it is trending up.
Price has struggled to break the 114.40 level wicking but not closing over that price.
2:1 Risk Reward
Trailing stops help to keep profits. 10 points = 1pip , 100 points= 10 pips.
Advanced Harmonic Setup Cypher AUDUSD has been ranging in between .76960 and .76000, also at the .786 retracement level which is currently right under our key supply zone. Daily support is @ .76813 and price has been consolidated there for many days now. With the halt in price at this level the harmonic pattern is looking that much more validated and the daily resistance along with the supply make this a very strong confluence area for price to possibly turn bearish.
Target for bearish move would be .75600 -.75175
USDCAD Observation. USDCAD Observation today i am recording a descending wedge. I am expecting this pair to exhaust selling power at the 1.29885 region. FIB Confluence approved the zones. Awaiting for the pair to sell out and exhaust, to potentially buy it up. I set an alert for when the pair breaks previous structure to the down side. Then ill set my by stop as price action goes that direction.
Fundamentals can alter the direction of this pair. There is CAD news releasing. Check the link below for the news article that my effect this pair. And other CAD pairs. Thanks GoodLuck!
USDCAD - Possible Long OpportunityIf we see price push down to the 618 area of the recent impulse leg up, this falls in the area of my Monthly key level which if rejected could see a move up to the weekly key level. We have the 1.414 of the fib inversion and the 1.27 of the fib extension lining up
GBPJPY - 4 hr ShortA few things iv'e been watching.
Over all I feel we could see a Bullish Bat Complete soon.
We have had a 618 retracement from the recent impulse leg down. The Fib inversion and extension add some confluence around the D completion area.
We are in a previous area of structure resistance which we have seen a drop from in the past as well.
USDJPY BULL VIBESConfluence:
1. Looking for price to rally back around the 114.00 level then continuing the uptrend.
2. Price hasnt retested its breakout yet on the higher timeframe (daily)
3. Key level is the weekly support 114.00
4. Head and shoulders on the 1HR chart indicating probable rally downward before
continuing uptrend.
5. Probable tps
Navios NNA short setupGaps (g) could attempt to fall one last time before fulfilling the head (h) and shoulders (s)
USDCAD Bull VibesConfluence:
-Weekly Support being respected (1.30000)
-Broke A Downtrend Line and retested it
-Previous zone has yet to be retested (1.33000 - 1.3165 on the 1HR Chart)
-Higher high candlestick close after retesting the breakout (1HR Chart)
EURUSD SHORT 1HR1Hr EURUSD SHORT analysis.
Confluences
* Price action suggesting a retracement after spike
* Daily trendline bounce
* Fibonacci repeat retracement
Prepared for a long on DAILY TRENDLINE break.
Enjoy, comment and like :)
For my man vDr78-- a look at TEVA pharmaHeres a stab at fibs for TEVA. unfortunately, i can't give you a target entry because it looks as if the company has been selling off all year, with the exception of a couple of pullbacks. Healthcare industry is risky atm! If I had to go in, it would be after a move upwards to the bottom rectangle. That's how I tend to chart at least. Be careful!
Sell AUDUSD - Daily Supply & potential S/R confluenceSetup based off Daily Supply Zone
-Initial move away 6:1
-Fresh level
-DXY in/approaching Demand
-Potential Support/Resistance Confluence
-5:1 Reward to Risk
Cypher's Pattern SetupConfirmations:
-D point confluence with higher timeframe fib level
-RSI High
-Strong trendline
*Note*
I personally will not trade this setup, because it is against the trend.
Price more likely stay sideway and never touch TP.
USDJPY: Such confluence! 4.5 R.R!Greetings comrades!
Been doing soooo great this week with over 700 pips in 2 weeks!
Found some really great confluence at the 61.8 area! Such a high chance that it will go bearish!
Found a whopping 4.5 RR here!
Happy hunting my friends! :D
AUDNZDMarket is in a downtrend, however the recent outbreak to the upside can be a potential relief rally for the market, and after i this complex pullback has completed the market is going to retest structure lows, and maybe even carry on the underlying trend, which is bearish
GBPUSD FIB CONFLUENCE IDEABased on the pattern formation that starts looking like a H&S that lines up perfectly with fibs and trendlines i dont this might play out?
(Daily) Waiting for this Bullish Bat at ConfluenceFX:USOIL
I will wait for divergence above those fib levels, and also for oversold conditions;
Safe Trades;
Tesco Confluence PointTesco (TSCO:LSE) looks to be approaching a confluence point around the start of February. RSI has been finding support around the 40 level or just below indicating that if price can manage a gentle glide towards this point there could be a move up off the confluence in Feb.
