David.Cooper

PRO
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About me 18. Student at college. Constantly learning technical analysis. 'The trend is your friend until it ends'
Joined United Kingdom davidcooper1997
Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 25% | 1 GBPJPY 25% | 1 USDJPY 25% | 1 GBPCHF 25% | 1
David.Cooper David.Cooper PRO EURUSD, 30,
EURUSD: Corrective wave on EURUSD short the breakout
59 0 0
EURUSD, 30
Corrective wave on EURUSD short the breakout

EURUSD has been falling hard recently, if there is a trendline bounce along with the plotted SR touch a breakout could occur for the corrective wave channel. Look for a retest of the breakout and short.

David.Cooper David.Cooper PRO GBPCHF, 30, Long ,
GBPCHF: GBPCHF Breakout with fib and divergence confirmations
41 0 2
GBPCHF, 30 Long
GBPCHF Breakout with fib and divergence confirmations

4 hour long term fib retreacment (50%) with divergence on the MACD 4C

David.Cooper David.Cooper PRO USDJPY, 30,
USDJPY: USDJPY Short on the breakout with divergence or continuation
64 0 1
USDJPY, 30
USDJPY Short on the breakout with divergence or continuation

Depending on where price makes its moves we could see a breakout of the trendline with divergence confirmation. If price continues to push higher we could see price extend to previous resistance

David.Cooper David.Cooper PRO GBPJPY, 15, Short ,
GBPJPY: GBPJPY Channel breakout with divergence confirmation
84 0 0
GBPJPY, 15 Short
GBPJPY Channel breakout with divergence confirmation

If the price breaksout of the bullish channel with an area of consolidation or a pullback to the previous SR zones for a last kiss we can expect a sell. If not, the price could continue to make higher highers and get rejected at the trendline. Divergence can be seen on the MACD 4C confirming the halting trend.

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