lots of bearish momentum going on with EURUSD dollar right now. had a few ideas wrong last week but after looking at the daily chart it is clear i was thinking too short term. This setup seems to be a pretty safe play going off of the flag pattern. set up a sell stop at the low of the flag and a SL above and let this ride down to this also has the potential...
thought i published earlier? i guess i didnt. price is respecting the .286 fib level on this uptrend
Currently a buy on all xxxusd pairs but this one is right at a strong support level The KIWI has been respecting the .286 fb levels for the past couple of days and i expect it to do the same again now. GOTTA GO LONG
do i really even need to explain that you have to short usdxxx pairs right now? this opportunity is at the perfect point to sell right now with the retest and large bearish candle on price action. set stop above the .382 fib level and tp at the next support zone approx. 200 pips potential
this pair will drop..... i think... the marekt doesnt love me :'D
Nice double bottom formed on the poundyen. looks like the pair has broken above the resistance and is on its second retest. Look for this pair to shoot off to the moon in the next couple of days. FX:GBPUSD
USDCAD is hitting a very very strong trendline that has held for Weeks. After seeing the very bulling pin bars on the previous support at the higher low, i believe that a large number of buyers will enter here just like the last touch, but rather than be skiddish, this pair is going to shoot right back up to the 1.33 levels and retest that resistance. From...
The Euro has been in an uptrend for the last few weeks, and it is at a critical level where it can either breakout of the trend to the downside. or continue its bullish momentem. When it comes to technical analysis this would have to be close watch pair to determine what it would do next, however, with the world economy I believe that the Euro is going to...
going long on EURUSD. Catching support at the .5 fib level and will now make a strong continued push to the upside
usdjpy could continue to the upside if we see a push past this monthly resistance. if it closes above the line, wait for a second retest, bullish engulfing candle close, and then enjoy the ride on the rocketship all the way to the moon.
The pound just broke a resistance. i believe the pound is only going to continue to strengthen over the next week or so, but not after an exhaustion to at least the .618 fib levels, a safe bet would be wait until the pair has retraced back and wait for the next bullish engulfing candle to go long on the two. Set stop loss a good distance under the new support.
Confirmation for the short has occured from a bearish rising wedge in pund yen. This chart pattern symbolizes a continuation to the downside , which has been confirmed by a break of the bottom support and a retest of the new resistance. This pattern could still exhaust after the price pushed down a bit more, so look on the smaller timeframes to find a good entry...
No surprise that the dollar has been strong over the last few months against the kiwi. Price has broken underneath a yearly support, and created a new resistance after test, It could still be a false break out, but if the price continues to drop this week, i believe we could see a nice 300 pip loss in the price of the kiwidollar. ***SIGNAL*** look for the next...
after breaking a major support from the past year, i expect this pair to continue its major push to the downside. This would be a multiple weekk trade with 100s of pips of potential earnings
won off this similiar trade two weeks ago. 4 touched of a major resistance with rejectiong, and im expecting trend to continue with bearish momentum
price is currently consolidating in a potential flag pattern. i anticipate the Euor to continue to lose value, but before it continues its puch down i believe it will retest this strong trend resistance before it falls back down to test the monthly support. From there i believe price will drop to the 1.10 area, or a minimum of the flag pole.