ICFX

ICFX

Best to enter short when pullback to trendline and Fib time extension is completed.

ICFX

Picture says it all Clear downtrend Fib channel Future bearish kumo cloud Bearish monthly Heiken Ashi candles Two bearish Bear Sash patterns in bear market below the cloud Oscillators in bear trend Targets after Fub extension s and last swings lows Yen (and gold to which it correlates) are only to be getting stronger in relation to weakening GBP next months

ICFX

Nison Candle Highlighter software (NCH) identified Bear Harami and Bearish engulfing off 61 fibonacci retracement and 20 EMA. First TP - 0.61 Fib extension (swing low). Ultimate TP - 100 Fib extension - last major swing low.

ICFX

Bear harami off 0.5 daily Fib extension (close based - line chart) While I am publishing it (takes 15 min to get it online) price already dropped 8 pips our way. First TP - BB central band 2nd TP - last swing low - Fib extension - outer BB band PS - Candle reversal patterns offer tight stops and great risk reward ratio...

ICFX Updated 

Great Ichimoku setup for NZDCAD after Shooting Star (Bearish pin bar). Stop at the tail of the star. Target - weekly trendline.

ICFX

Morning Star from the Fib arc marked the start of Elliott wave 1-5 cycle. Shooting star marked the start of wave 4 which should end at 20 EMA (BB central band) from where wave 5 will start.

ICFX

Price below the cloud - Bear market Bearish tenkan kijun cross below the cloud Future cloud - Bearish Trendlines after CLOSE Targets after Fib extensions Tail of Bear sash pattern and kumo clouds act as resistance.

ICFX

Picture says it all...200 EMA and Bearish Kumo Cloud act as resistance now (above those you can place your stops). The ultimate resistance line is the tail of Evening Star and upper line of Kumo cloud. TP for now is 0.382 Fib extension.

ICFX

AUDNZD 0.41% is forming a triangle (squeezed head and shoulders ) on weekly. I expect price to crawl by Gann angle to the outer Fib arc, 38 Fib level. There are 2 ways price might travel there. The most likely one, is the crawling one, by Gann angle.

ICFX

Price should drop all the way to the Fibonacci extension level that coincides with Fibonacci retracement level and outer Bollinger & Hurst channel bands. We should watch for reactions at the marked Fib areas. From AUDCAD and NZDCAD analysis, we can conculde that CAD is getting stronger (short XXXCAD pairs, go long on CADXXX) while AUD and NZD are weakining (short...

ICFX

We can go short to the outer band of Hurst channel, weekly trendline support.

ICFX

NZDCAD saw recently a massive bearish engulfing on weekly off 23 Fibonacci level, off Bollinger band's central band and off 2|1 Gann angle followed by Bear sash pattern immediately after. I expect price to drop to the next Fib level, outer BB band, Gann angle, Fib arc (confluence of many points).

ICFX

There was Evening Star and Bearish Harami on AUDCHF daily. I expect it to drop all the way down to 724.57. Fine bearish Ichimoku setup on daily. I just tuned up to hourly for intraday entries.

ICFX

That is how I see it at the moment...If trendline is broken, the next target will be Fib extension 161.8 at 76.400 what may very much happen but I take TP at extension 1 at the trendline and see what pattern will form there. Bollinger bands are expanding now what supports the move to trendline. There will be minor pullbacks at Fib extension levels.

ICFX Updated 

AUD is in bearish trend since 1972...now it broke out of a small bullish mini channel and is going to test its former support, now a resistance. Expect a bearish rally after it reaches the trendline / 200 EMA. At the moment, just for some days, you can go long on AUD pairs (where AUD is a base currency) short where AUD is quote currency as GBPAUD. But keep in mind...

ICFX

I was asked about AXY 0.22% 0.22% - Australian dollar 0.11% 0.11% index (basically same thing as AUDUSD -0.10% 0.03% as they move in sync) so here you go guys. We had bullish hammer on daily (off the support level and 21 ema of Bollinger bands ). Bearish Elliot wave sequence 1-5 completed and what we are seeing now is ABC zigzag correction, that is pullback to...

ICFX

Going long when wave 2 is completed.

ICFX

I am shorting USDMXN. Right now it is moving in the leftist Gann angle where price moves fastest in relation to time. Seasonal data confirms strengthening of Peso (means shortening of USDMXN) until 17.07.