JulianMcKay

JulianMcKay

There's a bit of a slant on the neckline, but it is about as clean as I have seen recently.

JulianMcKay

It isn't the cleanest, but it is still a head and shoulders pattern. Stop loss and TP shown in green.

JulianMcKay

I am seeing some similar lengths in some of the rallies we are seeing. The rally following the September news from OPEC took some time to play out -- I am assuming the same sort of longer term rally will play out in this case.

JulianMcKay

It looks a bullish bat could form sometime next week.

JulianMcKay

I anticipate a slight correction for the USD in the coming days.

JulianMcKay

Looks like a continuation of the Euro down-trend is in order. I don't expect this correction to go past the 1.095 mark.

JulianMcKay

Bearish butterfly pattern, also overbought (see RSI).

JulianMcKay

Expecting a nice little retrace at the very least after such a big move.

JulianMcKay

Looking for a correction after a short term bull move. RSI divergence seems to confirm this incoming correction.

JulianMcKay

I'm expecting the Euro to retest the new low it has set, at the very least. Whether the long term break of historic lows is a false breakout or the real deal is beyond me.

JulianMcKay

A nice break on a symmetric triangle. I have my targets set just short of some previous structure. Stop is below the last low in the triangle.

JulianMcKay

Waiting for a break bellow the support. Edit: Target hit.

JulianMcKay

Expect prices to continue in uptrend after breaking out. Notable resistance at both the $1.11162 line and the highpoint of the pattern (potential places for targets).

JulianMcKay

Seems like a potential channel break incoming. There is also RSI bearish divergence to support this. Waiting for a more clear violation and close bellow the red follow by a retrace before I engage.

JulianMcKay

A clean double top has formed along side the many bearish signals we have been getting for the past week. Really good risk reward with this one. Update: first target hit, have not yet been stopped out.

JulianMcKay

I am expecting the retrace to continue until around 1.055. Even though price is reaching some historically high highs, the trend still seems to have a enough steam left to justify one more long.

JulianMcKay

If EUR/USD falls back down to the previous resistance (now support) at around 1.35-1.3526, expect bullish price action. Loose stop is set around 1.341, and targets are set conservatively assuming the price will atleast be able to rise to previous resistance.