HutsonBay

HutsonBay

Price has been respecting a lovely bullish channel We have now a reverse head and shoulders forming with a key neck line. I am looking for a break above the neck line and a nice bullish continuation to the top of the channel If this structure breakdown, i will be looking for more longs and the bottom end of channel. Always happy to chat and discuss the market...

HutsonBay

EURUSD found some lovely support from its supply zone at 1.2214 - Nice work if you caught that bull rally Given the recent sell offs and the pressure that is mounting on the USD to peform, this trade has a 200 pip potential Stop above the recent swing high

HutsonBay

GBPNZD nice setup in the making The lows of 1.6722 to the highs of 1.9838 mark = 1.8648 (0.38% retracement) was the last bullish rally, suggesting overall buyers are in control. We now have some clear buying support lines and looking for an overall push higher - 1.9236 could be a tough barrier to break, but once we are through then there is decent head room This...

HutsonBay

Price was observing a healthy sell off until we had a bullish break to the upside - 200 MA providing support too Using recent highs as the take profit target, we have a bullish break with a nice daily line of support. This trade will run for 2 - 3 weeks but has a good R:R Stop loss under the recent low and beneath the 100 MA

HutsonBay

Price has a clear channel and has been respecting support and resistance I am waiting for a bullish pinbar for full confirmation of trade but the setup looks great ATM

HutsonBay

Price has found clear support Bullish engulfing candle Take profit at supply zone

HutsonBay

Price is respecting its channel, although there has been some choppyness. Large bullish candle off support and looking for a rally higher to resistance

HutsonBay

price is respecting its trend clear resistance formed bullish momentum

HutsonBay

Market is observing a bearish channel Supply zone at 0.7274 take profit target Bearish engulfing candle

HutsonBay

Sell that metal

HutsonBay

Time to short gold Two resistance levels - 50% retracement and supply/demand zone Whilst the USD is getting pumped, this may smash through these levels. Back up plan will be looking at longs above 1300 Thanks

HutsonBay

GBPUSD has broken out the falling wedge and looks bullish. USD getting knocked about by the EUR and soon to be JPY. Trading to resistance.

HutsonBay

EURUSD playing out as expected. Retail short traders getting crushed. Adding the low liquidity levels and USD weakness, we can expect a move to the 61.8 retracement level.

HutsonBay

A lot of retail traders still net short on EURSUD Reverse head and shoulders in play and upside targets looking good

HutsonBay

Morning I bought into the coin at 11,200 through a fund. I don't pay a huge amount of attention to the fundamentals, as the technical market gives everything away. Fibs have been useful in the past but until we see a clean break to the downside there are several layers of support which the market is enjoying. Most notable is the horizontal line at 18,146 which...

HutsonBay

Morning So the Fed hiked rates last night but gave away their ongoing concern regarding inflation, which continues to be behind forecasts. Rate hike was 100% priced so the commentary afterwards gave way to USD weakness. Given we have two trend lines to use as resistance, this pair still presents a decent short setup. Good luck

HutsonBay

ECB interest rate announcement and forecasts for headcount and QE due very soon NZD rallying off the back their central banking appointment Failed to stay in the channel and broken to the downside now - two take profits showing Thx