i am starting to get hawkish views on the dollar since higher prices were rejected on the euro and the pound. also usdcad and usdchf have shirfted both into uptrends so i would not be surprised if the dollar gets another run up into further levels while the euro and pound drop levels.
eurojpy has put off a shark pattern that got oversold stoch and RSI divergence at its completion point. daily chart has a heavy rejection candle. good oportunity to look to to long this pair a;so its a shark within a shark
gbpjpy is getting setup to buy. we have a slight breakout and retest of the tremdline formed in april that chances are will not hold as those who trade this pair know it has swithed over into a bull market and know it is a major fakout market as well. gbpjpy is very good at finding support/resistance at psicological numbers and it seems the psicological support we...
usdchfd has came up very strong and i am looking for some more strong bullish movement in a price measured ab=cd move all the way up into the 61.8 zone
we have a nice shark coming into a strong supply zone for ucad. also an ending diagnal in there. we have RSI divergence and overbought stochastics also divergence on macd but i will not post the indicator. i am looking to sell this pair but i want a better entry with less risk. ill be looking at possible entriy points on lower tf ideally i want a 5 wave count in...
we have a gartley coming into resistance. gives us an ooportunity to short one more time.
euro sellers seem to have lost momentum before the NFP. we have been seeing higher highs and higher lows and we have found support on what previously was resistance. everyone knows USD economy has not been holding too strong lately so i would not be surprised if investors decide to go long for the NFP and put off a new higher high and higher low. daily charts...
tomorrows NFP will be a great excuse for investors to finally long this pair and we should know by now when gbpjpy consolidates like it has been it is simply waiting for the perfect excuse to move major pips. this is most deffinetly my favorite pair and tomorrow might be some major pips for it
there are a few outcomes for the pound for NFP. pound did not show correlation with the euro in yesterdays market and instead of a big bearish candle we got an indiscition spinning top so as well as the euro my predictions are a long for tomorrows NFP. now there are a few scenarios as to what the pound wants to do within the next few days. we can make a small head...
long aussie til targets for this ab=cd
google has been quite a strong uptrend and lately we see higher prices being strongly rejected. google has set up for a nice libra pattern for a short of 1000-2000+ points. target is previous resistance at 614.50 that happened to line up nicely with a 61.8. second target is 490.00 we can expect some buyers momentum around those prices as we do get a bat pattern formation
prices have been on a steady rise for facebook. we get some nice wicks coming right into the 50 ema. in previous resistance area. i will call it a long
this bull trend might be tested by the bears at current price level since we are running into a good supply zone and there is some bearish divergence shown by RSi as well as overbought on stochastics. since candlesticks have made a nice formation of higher highs and higher lows, i will look to enter in the break of higher lows.
we have an ab=cd pattern completing right in a good demand zone. we can watch candles closely in that are for an oportunity to long this pair. we have some good hidden divergence on RSI and stochastics is already showing oversold.
cadjpy ended the week extremely bullish and we can be looking for a move up into the next zone. we have managed to pass above 100 ema and close very bullishly above. we can expect a shift of trend now
i took literally forever taking different views at this pair and organizing my ideas but here it is in a simple cleaned up version. basically maket bears have failed and it is bulls turn! 1 hr timeframe chart. if you know elliott waves then you know whats coing on.. heiken ashi charts for a cleaner view of the waves