Oct 9th @2:15 am est I set up my fibs and saw price testing the 23% on the 15 min time frame, added my ichimoku cloud and saw that price was also testing the green cloud on this same time frame giving me confidence that it was going to buy off of that price which it did. We entered in at 124.682 and 20 min later reached its highest point within 20 min at 124.800...
Wait to see signs of buyers entering the market. Confluences: prev. structure, 50% fib, 1hr 50ema, retest of wedge TL
will be looking for support around 133.457 Stops at 133.00
in this analysis of GBPJPY the previous days high was broken and its retested on a fib level. the price will now move up
Looking at US30 we can see a clear uptrend as we have been for some time now. We have recently made new highs once again and we are looking to make a pullback before possibly moving upwards. Personally I will wait to see price action around the marked zones and will place a trade if one presents. IF we break to the downside we could see a nice drop before pulling...
Whats up people, The H4 candle shows signs of bullish energy, the 14ema also acts as a support zone for long position and its a fib long as well.
THERE WILL BE A BREAKOUT FOR GBPJPY VERY SOON, I AM MAKING THIS CLAIMS BY LOOKING AT THE TRIANGLE, MOVING AVERAGES AND MY FIBOS AS WELL. ALL OF THIS JUST ADDS CONFLUENCE TO MY ANALYSIS BASED OFF THAT IM GOING SHORT ON H4.
Im looking to short Loonie around 1.32514 with a stop @ 1.33465 and final target of +430 pips @ 1.28215 1. Now if we dive deeper into why I'm leaning towards bearish first lets dive into our fundamentals, like most will know last week the US cut 25 basis points from the dollar for the first time in a decade, fundamentally that weakens the dollar but right off the...
Took two positions at the 70.5 fibs level to the short side. This trade have of confluence a head and shoulder pattern and the MA crossing, so i put two positions with 10 pips SL and TP.
Hey Traders, so I banked a few pips early today from the initial push that got us into the 110 region with this pair. I am now thinking that we will have another push before market close to get us back toward that 110.150 region right before Asia Session. I have my weekly Support Level at 108.500. I have weekly Resistance Level at 110.150. My thoughts are...
Hey Traders, sorry have been away for a few days. Today, our analysis is on AUDCAD. This setup will take a few days, so be patient as I am posting this before the start of the trading week. AUDCAD has been in HEAVY CONSOLIDATION since the beginning of January 1st. 2018. I have marked off my Weekly Resistance Level at 0.95750. I have marked off my Weekly...
Good Evening Traders... Marcel checking back in. Today our analysis is a continuation of last week's analysis on USDJPY with the overall trend being Bullish. Today my analysis is that we will retested to this 109.550 region through the Asia and London session and during the start of NY session the price will shoot looking to set a new previous daily high as the...