Still waiting to place an order short for next week. I'ts our main plan. We'll long today while waiting the new target price (1245 - 1247)
EUR CAD Tipo: BUY TF : D 1 ORDEN PENDIENTE AL PRECIO: 1.455 - 1.485 STOP : 1.435 Take Profit : TP1 1.52 - TP2 1.56 - TP3 1.60
After hitting the monthly low resistance, GBPUSD bounced up again. Double fib retracement to the 0.5 with a double bull wedge before breaking out again. High probability of it breaking out the 1.42000 rs to retest it.
Indicators: - SMI is starting to bottom out and moving up. See the yellow circles. This is happening above negative area which is promising. - Fibonacci line of 50% has been broken from top to local bottom which is suggesting that next we will test the 61% fib at 0.03679 next. - Also on bigger Fibonacci setup from start of the rally to all time high, we almost...
As predicted we came down from ECB news down to 1.108-1.1100, down to the key trend line. EURUSD is now rejecting this trend line + 200 EMA + 50% Fib. Swing traders should look for tomorrow's news FOMC for a break past the 61.% Fibo and a break of the downtrend line shown. NEEDS TO BE CONFIRMED FOR LONGS!!!!
we will see more up to gold . we are now breakout channel in weekly chart :) . we are breakout downtrend .
GBPJPY wave 5 buy set up
THis week it is bullish so it will end with the bull
GBPNZD TRIANGLE SELL SET UP
Eurusd is currently retesting 1.1080 area which is a level that has been respected few times in the past. Recently broken, now is a support. I believe this pair could be forming a bull flag to move higher. Its a low risk trade at the moment. Hope the analysis is clear.
Watch the notes in the chart. BE SURE TO MOVE YOUR SL TO BE WHEN TP1 IS HIT!. Best of Trading!
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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...