Cenotaph

Cenotaph Updated 

Weekly candles clearly show more selling bias, to confirm this, wait until GBPCAD breaks the 1.755 support level (Weekly S2). Sell it till the next trend support zone around 1.7 (Just above monthly S1 pivot).

Cenotaph Updated 

Last weekly candle shows some good rejection from this resistance level, take the short to next support level for this correction move.

Cenotaph Updated 

1.394 level has been support and resistance in the past and price reacted well to it. It couldn't make a convincing break the past few weeks. Look for a buy till about the 1.433 price level, around R2 monthly pivot.

Cenotaph Updated 

If we have a break of the trend resistance (diagonal line) and Pivot price zone. Buy till around 84 price level (0.5 fib)

Cenotaph Updated 

0.5 Fib support retested and not made a low. Take this north towards the next trend resistance level around the 0.328 fib level

Cenotaph Updated 

Weekly inverted pinbar on a support level looks like a possible reversal. If we're getting that break of the P monthly price level, buy till R1 weekly/monthly price zone. Good trading all next week!

Cenotaph Updated 

USDJPY on support with that previous bounce from P monthly pivot resistance. IF there's a break of 111.7 level I'll enter long till around R3 weekly pivot around 113.3

Cenotaph Updated 

EURCAD is a a solid support level, R1 monthly, S3 weekly , and 0.5 fib as well. Plus, there's divergence on the 1h and the 4h charts. Probable long trade setup for the coming week.

Cenotaph Updated 

Price is holding at monthly R2, on a clear down impulse take this short till around monthly Pivot P.

Cenotaph Updated 

Buy on support, that gap on the left provides a good support level as well. On break of this trend resistance, buy till the next resistance level around S1 monthly

Cenotaph Updated 

Sell this till around R1 monthly when it makes that new low.

Cenotaph Updated 

This pair has been overextended beyond R3 monthly pivot(!). Probabilities for a mean reversion are high. I'll be looking for a short entry next week that will correct this up trend. To enter this short I'd like to see a clear break of R3 pivot. More on this possible trade coming week. Good trading all!

Cenotaph Updated 

Price is at Monthly and Weekly S3 pivots, strong support. If price moves beyond trend resistance, enter this buy till at least monthly S2 (TP1), possibly around S1 (TP2) where it will meet strong resistance.

Cenotaph Updated 

EURCAD is also overextended (see EURNZD short setup) and reached resistance R2 monthly and far beyond R3 weekly. Coming week this up trend will correct. Let's see this develop first early coming trading week.

Cenotaph Updated 

Price bounced on support near S3 monthly, time for a correction is likely. Long till next resistance level around S1 monthly.

Cenotaph Updated 

AUDNZD is approaching R3 major resistance level and is overextended past monthly R3. Looking for correction short setup here. R1 looks to provide quite some support, wait for that bounce to happen and then take the short towards R2 monthly support. I'll update this once the chart is clear when and where to enter.

Cenotaph Updated 

On the break of R2 weekly pivot support, take this short till about 0.5 fib level (around R1 pivot). Watch price action around R2 monthly to take some off or to let it continue

Cenotaph Updated 

Price bounced off S3 monthly pivot twice, mean reversion is highly probable. I enter a bit earlier on the break of the neckline, watch the trend resistance lines how price reacts(!) to take some off or let it go.