HektorMorganFX

HektorMorganFX

After 52 days of consecutive downside action from the most recent high (daily) , is this now time to go LONG and back the bulls?, here on the 4 hour chart we have a nice double bottom play out and i believe we are heading back up to retest the 38.2 retracement. in confluence with this particular FIB retracement on the 6th of july we located a minor area of...

HektorMorganFX

Nice trend based FIB extension PA on the 1HR eur...

HektorMorganFX

waiting for USDOLLAR to break through its current range and make new highs. based on this and the ongoing downtrend within the EU im looking to short to 1.0820.

HektorMorganFX

LONG GBPUSD

HektorMorganFX

Overall bias on the monthly is a decline to 998.15 level. bearish channel on the daily also, about to retest the downward trendline on the hourly so this would be an ideal place to get short once you have bearish confirmation of the fourth retest. my initial targets are the 1215.20s then i believe we will bounce between this level and retest the lower highs at...

HektorMorganFX

going short on this classic gartley

HektorMorganFX

The trend rejected resistance at the 61.8 retracement, only to decline further to rerest support at 0.764 FIB EXTENSION. if we break below this key level, expect to see targets towards the daily support 161.8 @ 0.93939

HektorMorganFX

GBPUSD / LONG

HektorMorganFX

GBPUSD/LONG - FOMC COMMITIEE DECISION ON THE 28TH HOPEFULLY GIVE US SOME GOOD NEWS!