HutsonBay

HutsonBay

Keep it simple

HutsonBay

Break of the trend line to the downside Looking to take profit at the 78 FIB level

HutsonBay

Sitting in a key S and D mode Huge rally off the 0.7741 mark Expecting exhaustion and a sell off in this pair

HutsonBay

Bouncing off key support, followed by the 200 MA Take profits at the top of the channel

HutsonBay

key daily resistance of 1.66680 Looking for bearish move lower

HutsonBay

Currently sitting at 50% retracemnet on the daily chart Also cutting through a daily resistance level around the 1.3380 level

HutsonBay

We had a lovely drive higher off 61.8 % retracement (seen on the daily chart) Hitting a key supply and demand zone and expecting a move lower

HutsonBay

Seeing nice lower highs on this pair and two areas of interest where sellers will be waiting Expecting a pull back to support at 0.97

HutsonBay

Looking for breaks higher or lower after this wedge meets it's end This particular trade is looking for a move higher It could trigger a H&S formation which could open up a key break lower, out of the channel

HutsonBay

We have broken through a key supply and demand zone which was my previous Gold Take Profit level. I was expecting a pull back but we have not seen this. I am no expecting bullish moves higher with the USD going down the toilet on UJ / EU If we break the 4hr trend line we can think about re-entering shorts Have a great week and happy trading

HutsonBay

I am no Bearish on this pair after we have broken out of the Daily channel (ascending wedge) I was previously long on this pair but that is now invalidated (closed before stop triggered)

HutsonBay

Breaking to the downside Bounced off 61.8% Series of lower highs

HutsonBay

This will be my first trade on the ever popular BitiusCoinius The daily channel gives us resistance at the 5847 mark Based on previous sellers and the oversold nature we can expect a pull back The target is a confluence area which coincides with 38.2% retracement Happy hunting

HutsonBay

Important confluence area being entered with a large gap to the down side

HutsonBay

Re-testing the channel Relatively tight stop Plenty of downside too if we see a break lower.

HutsonBay

Broken to the downside as per my previous analysis. GBP being lifted by Brexit extensions and glimmers of hope from the BOE Hawks.

HutsonBay

We have now broken to the downside on USDZAR Will be taking 1st profit at 12.97

HutsonBay

The daily chart has shown a break to the upside after observing the ascending wedge very well