Falconstyle
Evening Forecast 15.01.Tonights forecast with the key opportunities for tomorrow straight from the watchlist.
Morning Forecast 13.01.Today's Morning Forecast with my top pairs on watch and what might shape up during the day.
GBPUSD LONGOn the Daily Timeframe, price moved out from an Area of interest and and might be seeking the next area of value due to the lower timeframe of Price Action forming.
4H/1H - Price is trading around the base of an ascending channel which might be signifying a possible change of lower timeframe trend. If the base hold then I'll be waiting for a M15 Flag which I will taking a RE or RRE on it.
The future of the Dollar index (DXY) looking bearish.We see patterns within patterns. The large pattern serves as the parent pattern while the patterns within it are the corrective structures which signals a huge sell off all the way to the 90% rule.
EURJPY Long setup (Falcon strategy)Overall descending channel. Price gave us a third touch on the supporting trendline of the pattern, moved to with an impulse to the upside and gave us a continuation pattern (correction) to signal a buy entry. In falcon, price moves in two forms: impulse & correction. We had our first impulse and correction so we're now expecting another impulse to the upside.
NAS100 LONG SET-UPNAS100. What we currently seeing is a simple channel , that is now showing us that the third is still not filled yet, a great opportunity to enjoy the rally to the upside. the market is now consolidating showing us market breath after the impulsive move, Thinking in probabilities, we see that the market has some probability of giving us a double bottom, whereas we open to that possible move, Risk your capital wisely, stay away from putting stops near psychological areas market makers know where to take you out, be careful.
EURNZD SELLWe have our double top at the are followed by a push down and a flag on the 1H. The flag has a 3 touch structure with a corrective nature and above all, we got our candlestick pattern. all we waiting for is to be triggered into the position. Soon as we close at a 1:1 RR we move stop to entry.
USDCHF SELLOFFWe have a third touch of weekly structure. on top of that we have mass psychology from a weekly high and we have shown a decrease in bullish pressure shown by the nature of the market. At a 1:1 RR move stop to entry.
USDZARbig structure on usdzar which may take long to play out although the pair is correcting but looking at the momentum is still bullish to me....
USDZAR love these kind of patterns.
Ascending and descending patterns,
US30 D JONESthis is what i see on the JONES BUSINESS BOOKS.
the move can take longer or it can just GO to the lows but along the way a lot of noise can take place.
keeping a tight sl is a need here just 100 is a maximum nothing more RRR
CADJPYCADJPY forecast
looking at this channel looking to take that double bottom there on E1 risking on 2pip stop and take it high.
E2 is my second place where i will be looking to take it high again TRENDLINE KISS 3th kiss.
E2 is based on E1 failing
It Pays To Wait.USDJPY is giving us another clean SELL setup.
It's just a matter of time and patience under price get to somewhere around 112.200
Only then will I consider take a SELL on this pair.
Anything aside this will be too risky for me to take.
ALMOST READYAUDUSD: this pair made a significant move last week as expected but retraced instead of moving up to our TP level.
I think this buy setup still holds because we already see a channel form and price is now retesting a 1W major trendline.
GOLD Continuation Buy SetupWe had a strong impulsive move on gold last week and it entered in a phase of a continuation correction and broke out impulsively .
Gold currently in a correction phase for a continuation in a buy ,currently have a buy order on break of correction
EURUSD buy after breakoutEURUSD has broken the previous low in a corrective structure which is a descending wedge signaling us a buy on third touch.
Price currently in descending correction to the upside. I have a buy order on the previous high of current correction which is a break of the correction.
AUDCADMy outlook on AUDCAD depending on price action at these levels. We'll be quite reactive and not predictive on this move.
Goodluck .
USDJPYCurrently waiting for a break of the ascending channel to the downside, reacting to price behaviour on this course.
