#GBPUSD covered my short @ 1.3228 and reverse position..... now short 1.3228.... if my calculation are correct it should sell off today.... so far looking good Gann Analysis
#GBPUSD target hit I'm flat @ 1.3180..... short from 1.3325 & 1.3239..... great scalp trade today.... kudos to those that were short
GBPUSD So far my long @ 1.3070 is great! talking half off, playing with the houses money now..... love it when a plan comes together Gann Analysis
GBPUSD took a quick scalp on pound short @ 1.3130 / C @ 1.3070...... Gann Analysis
Eurusd Bullish Pattern.Possible Wave-A.completed
GBPUSD doing some cycle work calculation and this is a forecast if pound continues to the downside.... I give it a 2 day window either 9-1 or 9-2 and price levels.... These are using MM techniques... but there are other calculation that show it could trend higher.... so its harder to forecast with just 1 reversal bar on 8-26.... PA kissed the 50sma (Res)...
I think that wti short term down trend can resume soon with a reversal in the area of the rectangle in the chart (end of wave 4). Thus maybe wave 5 can complete the down cycle at about 36 (or above too, but at least 39 to a double min) before the main up trend can resume its way to the upside.
Using Market Cycle Analysis can help identify price action moves, Chart Formations and Patterns, with a primary focus on trending and non-trending conditions. How To Identify the Market Cycle Framework
Weekly cycle is bearish. (Grey) Resistance at 1.1085 Weekly cycle's moving average as dynamic resistance. I'll try to sell the high of the daily cycle.
If you must trade the cable next week, look for buy opportunities. I say if you must because, the ATR is in the rise and 14 day period ATR of the H4 stands at 200 pips. So be protective and expect big moves back and forth. If you can get this trade, it will easily cover 300 to 500 pips. See my detailed explanation, analysis and forecast
Daily retracement reached 76.4%.and I saw a equalievent time cycle.. Highly reliable buying setup. I am long now.
Head and shoulders pattern with potential target around 1600.
Another super awesome 'trade of the ages' on this SVP {Super Valuable Pair}! Another Super Valuable Pair similar to this one with identical price behavior is the FX:AUDCAD . Remember the NZD/CAD trades opposite to this one due to the negative correlation. I've been waiting forever for this Inverse Head & Shoulders to complete and lift-off and the party has now...
Full credit initially for this chart goes to JoeBu on Trading View. He was kind enough to share his initial chart with me. This is an updated chart following my last chart on the failure of the megabull that occurred after January 15th. This chart is my predictive forecast on the occurrence of the next Megabull cycle after our latest failure at the double top...
Ya know da Seven 777 ..! Lunar cycle, week days, seven colours of the rainbow, Chakras, 7 deadly signs etc etc.. So whatchaaa waiting for..?! =)
We can see possible pivot zone at price 111.5 almost matched with all time high and low Fibonacci 50%. It is like the magnet and support / resistance for the price. If we take the distance between previous major highs the ongoing time period of same 106 month going to an end in 2016-04-01. Market is not always unfold into same length periods, but we can see some...