Grizz01

Grizz01

USD/CAD has bounced off 52 week low. Then failed to push past it in second attempt down. After price falls it usually re-visits the gap it made. Good possibility here of it swinging up again. Stop loss placed just underneath 52week low. Have a look, and see if it makes sense.

Grizz01

AUD/USD - looks to be BEARISH. (It’s now back in its channel.) Taken this down. Daily fractal completed. Good profit to loss ratio setup.

Grizz01

USD/CHF looks to be Bullish, it’s going back into its channel. Looking to take this back up to the top. Reversal pattern finalised. Long, with short stop loss.

Grizz01

USD/CAD looks to be Bullish, it’s going back into its channel. Looking to take this back up to the top. Reversal pattern finalised. Long, with short stop loss.

Grizz01

Gold looks ready for a reversal around this level. Be patience, Wait for a fractal reversal setup to enter short. Good profit to loss setup.

Grizz01

Oil is shooting up fast with last weeks Trump and China news. It will need a pullback here to around 56, before it will continue upwards. Two options here. The cautious trade would be to wait until price moves down to 56 area before shooting up, go with the trend. The aggressive trade will be trading the pull back, then the continuation here. I’m going...

Grizz01

GBP/USD to range a bit here, great risk reward opportunity here with a double top of a high resistance zone. Looking to take this down to 1.30 area, before a bounce back up and continuation upwards.

Grizz01 Updated 

USOil has broken a significant resistance level. A small retest of the previous resistance to verify strong support, should see this push higher to the next resistance zone. 61 area. At this area I see a pull back and another retest of resistance. The resistance should fail and head back to and possible through support.

Grizz01

WTI Usoil has been consolidating around this zone for the majority of last week. No real faith is held in either direction from the market. A contraction of the Bollinger bands and the FOMO sediment will see a break out lower or higher of these levels resulting in a significant rally. I’m not trying to guess the breakout, I’m prepared either way. But I feel that...

Grizz01 Updated 

With a turn on my stochastics settingsto the up side. I’ll wait to trade oil back up to previous resistance. If oil can break through and settle above 55.80 it’ll be a bullish sign that price will continue up to 58.00, providing a 220 Pip profit with a stop loss of 35 pips. TVC:USOIL

Grizz01 Updated 

TVC:USOIL For anyone who missed the first draw down. Don’t take the bounce buy, this Bear still has claws. Buyers are flooding back into the market (70%B/30%S), trying to get the bounce trade, I believe the price will take them out. However, we will see.....

Grizz01

Oil still looks like it’s in a ranging market with rejection at 58.50 level. Taking the trade short with a stop loss above rejection zone. TVC:USOIL