Jabest

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Markets Allocation
88 % forex 13 % other
Top Mentioned Symbols
EURUSD 37% | 3 GBPJPY 12% | 1 AUDCHF 12% | 1 USDWTI 12% | 1
Jabest Jabest PRO EURUSD, 15, Short ,
EURUSD: EUR/USD Short Opportunity
78 0 4
EURUSD, 15 Short
EUR/USD Short Opportunity

This may be a good short entry for E/U. Contrary to popular belief, the DXY has not closed below 94. DXY futures predict that but the real DXY is still holding the inverted head and shoulders for a re-test. Any momentum should see the USD skyrocket and then in this case E/U would drop. This 15 minute chart shows the break of a trendline and a double top so if ...

Jabest Jabest PRO USDWTI, 60, Short ,
USDWTI: USDWTI Possible Short
52 0 1
USDWTI, 60 Short
USDWTI Possible Short

I'm expecting a short here but either way, if it a 1 hour candle closes outside of the box I will enter a short. For best results, watch for it to close outside of the zone and then re-test the break. Possible trend change longer term as well so you may be able to hold long term (Much longer than the three TP's.

Jabest Jabest PRO EURUSD, D, Short ,
EURUSD: EUR/USD Short on the DAILY (HEAD & SHOULDERS w/RE-TEST)
553 1 8
EURUSD, D Short
EUR/USD Short on the DAILY (HEAD & SHOULDERS w/RE-TEST)

This is a perfect opportunity to get in on a longer term short on EUR/USD. Head & Shoulders pattern has been confirmed and is being re-tested right now. Take Profit 1 - At a major support. Take Profit 2 - At a major support Take Profit 3 - Follows the rule of thumb for taking profit on Head & Shoulders patterns. The distance between the top of the head and the ...

Jabest Jabest PRO GBPJPY, 60, Short ,
GBPJPY: Potential Head & Shoulders on GBP/JPY
82 0 2
GBPJPY, 60 Short
Potential Head & Shoulders on GBP/JPY

If this pattern completes, the daily zone (green area) where the breakout occurred recently will finally be re-tested. Look for a candle to close below the pink zone on the 1H chart or the blue zone on the 4H chart in order to short the pair down to this area. The rule of thumb for trading a H&S pattern is the distance - in pips of course :) - between the head and ...

Jabest Jabest PRO AUDCHF, 60,
AUDCHF: AUD/CHF Trade Opportunity
10 0 3
AUDCHF, 60
AUD/CHF Trade Opportunity

There should be an opportunity here for a buy or sell depending on what happens with the price action. If price closes above the dark blue resistance line, I would expect price to go up to at least around the .74700 area. To take the safest trade, wait for a re-test of the resistance line (which would be support at a retest). If price ever closes below the lower ...

Jabest Jabest PRO AUDCAD, 60,
AUDCAD: AUD/CAD Trade Opportunity
23 0 6
AUDCAD, 60
AUD/CAD Trade Opportunity

There should be an opportunity here for a buy or sell depending on what happens with the price action. If price closes above the dark blue resistance line, I would expect price to go up to at least around the .97900 area. To take the safest trade, wait for a re-test of the resistance line (which would be support at a re-test). If price closes below the upward ...

Jabest Jabest PRO AUDNZD, D,
AUDNZD: AUD/NZD Caught Between Monthly Support & Trendline
19 0 4
AUDNZD, D
AUD/NZD Caught Between Monthly Support & Trendline

Watch to see which direction this pair breaks out and take a trade in the direction of the breakout. Red Lines - Monthly Support Orange Lines - Weekly Support Yellow Lines - Daily Support Blue Lines - Current Trend

Jabest Jabest PRO EURUSD, D, Short ,
EURUSD: EURUSD Short On The Daily Chart
97 0 4
EURUSD, D Short
EURUSD Short On The Daily Chart

I will be looking to SHORT EU based on the daily chart. 1. A daily trend line has been re-tested 2. A monthly trend line has been re-tested and a head and shoulders is forming 3. If the candle closes BELOW the lower daily trendline I will look to SHORT UNTIL 1.10000

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