We got in on time thanks to our ZenTrend Follower, and are still in the trade. For more information on our ZenTrend Follower indicator see below: Stay calm and happy trading!
Towards the end of last week, we saw some weakness on the US dollar across many of its pairs. This has given us some signs the dollar strength and bull run may be running out of steam but I would not short the US Dollar just yet. This weakness saw this pair gain 50 PIPs on Friday which gave a strong finish for the week. So far today there has not been a lot of...
Gartley Pattern setting up. If price reaches previous resistance of 112.025 I will look for reversal.
In this chart you see i have a line line that seams to be imatating the charts movement , wrong . This is the XRP/BTC correction which happened last year and i have copied and pasted it from last years correction , and forecasted it over this years and its quite scary how alike the two are its almost a clone! , This is the best price to buy xrp right now as it is...
very nice to the pip touches on the upper parallel of the XA-BF, moving down and point D of the harmonic pattern touches the median to the pip and moves off :)
GBP/JPY has had a pretty decent run from the weekly rejection of 145.00 not too long ago. Since the pair remained above the daily moving averages, price retaliated fiercely against any intraday 'bearish chop' ultimately pulling the pair higher and higher, having little remorse for short sellers. From here onward, a reversal is anticipated, or a pullback at least...
Bitcoin is in a bubble. Obliviously. Speculation entered a market in its infancy and the price skyrocketed. This isn't the first time, and it won't be the last. Now, on the weekly log-scale, we can see it's nearing the end on this cycle. This low volume rally isnt enough to keep it alive so take profits if you can or "HODL" for dear life because its a long way...
SELL USDCAD Area: Pitchfork Upper Line (Resistance) Pitchfork Channel - Descending Entry: Pitchfork Upper Line (Resistance) Target Profit: Median Line Next Target Profit: NIL
'Short' opportunities in Upper Line area Targeting price to move towards Median Line Forecasting price moves in ascending channel
SELL USDJPY Area: Pitchfork Upper Line (Resistance) Pitchfork Channel - Ascending Entry: Pitchfork Upper Line (Resistance) Target Profit: Median Line Next Target Profit: Lower Line
BUY XAUUSD Area: Pitchfork Lower Line (Support) Pitchfork Channel - Descending Entry: Pitchfork Lower Line (Support) Target Profit: Median Line Next Target Profit: NIL
BUY EURUSD Area: Pitchfork Lower Line (Support) Pitchfork Channel - Descending Entry: Pitchfork Lower Line (Support) Target Profit: Median Line Next Target Profit: NIL
BUY GBPUSD Area: Pitchfork Lower Line (Support) Pitchfork Channel - Descending Entry: Pitchfork Lower Line (Support) Target Profit: Median Line Next Target Profit: NIL
BUY AUSDUSD Area: Pitchfork Median Line (Support) Pitchfork Channel - Descending Entry: Pitchfork Median Line (Support) Target Profit: Upper Line Next Target Profit: NIL
Elliot's waves and Fibonacci for high probability trading. Dual Time Frame trading (1h, 15m).
SELL USDJPY Area: Pitchfork Upper Line (Resistance) Pitchfork Channel - Descending Entry: Pitchfork Upper Line (Resistance) Target Profit: Median Line Next Target Profit: Lower Line
BUY XAUUSD Area: Pitchfork Lower Line (Support) Pitchfork Channel - Ascending Entry: Pitchfork Lower Line (Support) Target Profit: Median Line Next Target Profit: Upper Line