Price has had a substantial daily pullback to 50% fib level Has now broken inner and outer TL's Shorts in play. Target 1 0% fib level.
Monitoring support at 1.1070. • EUR/USD keeps on pushing lower. The short-term technical structure suggests a further bearish move. Hourly support at 1.1070 (04/02/2016 low) has been monitored. Hourly resistance lies at 1.1260 (10/02/2016 high). • In the longer term, the technical structure favors a bearish bias as long as resistance holds. Key resistance is...
GBPAUD recently bounced off of trend line support. With over 3000 pips to the long term target i'm looking for long opportunities!!! I will post my entries on a lower time frame... 800+ pips to T1 1600+ pips to T2...Good Luck!!! KEEP THE RADARS UP!!!
GBPCAD is pulling back hopefully for one more short setup before bouncing of a monthly trend! IF NOT - WE WAIT FOR LONG OPPORTUNITIES IN THE NEAR FUTURE... 400+ pips to the downside...GOOD LUCK!!! KEEP THE RADARS UP!!!
NZDUSD recently broke lower and offers a large move to the downside for 400+ pips!!! If you're looking for a way to short the larger move, perhaps this Bull Butterfly is the answer... I will likely post precise entries. Bull Butterfly has 70+ pips of upside potential 400+ pips of downside after Bull Butterfly retrace...Good Luck!!! KEEP THE RADARS UP!!!
CADJPY recently bounced off support creating a double bottom and posted a daily bull engulfing candle!!! I'm looking to buy after a pullback. I will post a precise entry based on my rules when it presents itself. 800+ pips long term...Good Luck!!! KEEP THE RADARS UP!!!
Here on the #EURGBP pair during 2015 price was mostly on the decline then was stuck in a range where price was at its lowest in 5+ years. On the weekly price has formed an inverse H&S reversal pattern, broken a major descending TL and our MA's are turning to the upside all suggesting huge #bullish momentum. However we have a great looking, high probability...
With a break of a major support line. A pullback up to 115.500 provides a good risk to reward to sell the pair for lower lows.
Wait the breakout and target the next pivot point EURO LOVES PIVOT POINT USE THE INDICATOR THUS: -Indicators -pivot point standard -remove all the labels but not remove the P label -use the weekly time frame
Looking for shorting signal!!! Possible Head & Shoulders forming which increases the odds of reaching Target 2... Let's see how it plays out 250+ Pips to Target 2...Good Luck!!! KEEP THE RADARS UP!!!
Strengthening. • EUR/USD keeps on pushing higher. Daily resistance lies at 1.1387 (20/11/2015 high). Hourly support may be found at 1.0711 (05/01/2016 low). Yet, expected to show further consolidation. • In the longer term, the technical structure favours a bearish bias as long as resistance holds. Key resistance is located region at 1.1453 (range high) and...
I will likely post a precise LONG entry to the D completion if a good entry presents itself based on my rules! Same goes for the short entry. 300+ pips to the upside D completion 300+ pips to the downside if this pattern works out...GOOD LUCK!!! KEEP THE RADARS UP!!!
Looking for potential buy signal to start the week! If it doesn't work, I will likely post the alternate sell trade! 450+ Pips to long target...GOOD LUCK!!! KEEP THE RADARS UP!!!
What I see: Bullish sentiment - Price respecting Daily PP - Price Respecting 50 SMA - Price respecting Bullish TL - Close above top of Daily Inside Bar range - Price above 100 SMA - Price above 200 SMA - Daily Bullish Engulfing Candle - Broken recent higher high - False breakout of rising wedge Bearish sentiment - Price failed to stay above previous Weekly...
JPY announced a -0.1% interest rate on January 28th and popped over 200 pips. Since then the market has calmed itself down and retraced back down a little. Now USDJPY reaches a crucial level of 61.8% retracement level. With heavy oversold RSI, overall bullish market, and bullish trendline protecting the pair, I think it is safe to that USDJPY is going to reach...
Looking at the daily and weekly trend, AUDUSD is clearly in an overall bearish market. After hitting lows of 0.6830 during mid January before heading back up, AUDUSD made a clear stop at 61.8% fib levels on January 28th. Could this be the signal we've all been waiting for? A beautiful spinning top could be seen forming, and what I can expect from this pair is a...