FX_CouchPotato

FX_CouchPotato Updated 

OANDA:CADJPY The pair is immensely overbought, and amidst significant divergence, a new HIGH is being formed and the support is about to give way. This is the point from which the pair will begin its demise (in my opinion, of course), which will be largely fueled by the Yen. The trade is moderately risky as we have no means of knowing when and how the BoJ will...

FX_CouchPotato Updated 

OANDA:EURJPY The pair is extremely overbought also shows signs of divergence. A clear doubletop is forming. At the moment the price action is largely dependent on BoJ decision, but it seems that it is ready to support the Yen. The trade is risky, but the reward is considerable.

FX_CouchPotato

OANDA:GBPJPY The pair is overbought and near resistance. Indicators show that the price has formed a peak. Fundamentally, after the BoJ decision to hike rates up to 0.1%, which was expected, the yen should recover, GJ should follow suite. The trade if the scenario unfolds will take a while

FX_CouchPotato Updated 

OANDA:NZDUSD NZDUSD has drawn a solid divergence, the last dip was the last attempt to go south after which the pair quickly recoiled. I see this as a great opportunity to go long.

FX_CouchPotato Updated 

OANDA:USDJPY It feels like the time has come. Divergence is massive, JPYX just made another dip and about to bounce back, additionally US10Y showing signs of reversal... BoJ intervention is on the horizon, but this is an entirely different matter. The trade is risky, but the reward is equally large.

FX_CouchPotato Updated 

OANDA:EURGBP This is what I call " the price has moved too far too fast" and formed a sharp peak, I doubt that further upward movement is sustainable. I'am expecting a gradual, smooth landing on the support.

FX_CouchPotato Updated 

BITSTAMP:BTCUSD DoubleTop has formed amid divergence, additionally price has bounced off the resistance. Selling with a target around 60K

FX_CouchPotato Updated 

UC is on the brink of breaking through the support line amid massive divergence. OANDA:USDCAD

FX_CouchPotato Updated 

OANDA:USDCAD Cad is approaching a critical level at the same time expressing the weakening in upward momentum. I'am expecting UC to bounce off of the resistance( it is also possible that UC won't even reach it and reverse from this point, as at looks like it ran out of steam) and fall back to the support around 1.37, potentially braking it and moving down further.

FX_CouchPotato Updated 

OANDA:CHFJPY Great opportunity to enter short, the pair has been struggling to break 155.50 amidst strong divergence. First target 153, 150 - ultimate

FX_CouchPotato Updated 

Price has broken the support and began consolidating, it has been moving in a relatively narrow range amidst huge divergence, also the momentun is decreasing and upwards moves slow down. If the price breaks out downward we may see a +1300pps move. OANDA:CHFJPY

FX_CouchPotato Updated 

Huge divergence, expecting a move at least to 1.02, if this level breaks it is possible that EU will fall back to parity. OANDA:EURUSD

FX_CouchPotato Updated 

The price has been fluctuating in range lately ( the spring is loaded), we've had a false breakout followed by level rejection. Judging from the price action it is very likely that GU will again test the bottom of the range, possibly breaking it and heading towards the support near 1.17 OANDA:GBPUSD

FX_CouchPotato Updated 

OANDA:GBPJPY GBP\JPY struggled to grow lately, the move in the channel has been rugged. Price has reached a strong resistance and leveled off. I'am expecting channel's support be broken next week which in turn may trigged a rally.

FX_CouchPotato

KRAKEN:ETHUSD Triangle has been forming on ETH, considering fundamental background it is more likely to brake downward landing on a strong support at 1K

FX_CouchPotato

We have a valid ABCD pattern on our hands, expecting price to fall all the way to ~48k, which it should reach till the end of the year. Stops above 63K BITSTAMP:BTCUSD

FX_CouchPotato Updated 

This may be a potential trend reversal. Price failed to reach trend's resistance line forming a spike. It's a good time to enter sort with stops above the spike. -First target is at the support -Second at the 61.8% retracement level COINBASE:BTCUSD

FX_CouchPotato Updated 

Looks like we have a nice BAT, entering short stops well above D, target at 2800 BITSTAMP:ETHUSD