Legendaryfx_

Legendaryfx_

The EUR/USD PAIR HAS BEEN ON A HUGE DOWN TREND SINCE THE IDEA I POSTED ON 15TH AUGUST AND I BELIEVE WE WILL SEE A CONTINUATION, NOW THAT PRICE HAS HIT THE UPPER TREND LINE.....ENTRY ONLY AT BREAK OF THE STRUCTURE AND NO ORDERS BECAUSE THEY CAN EASILY PICK IT AND GO THE OTHER WAY, HENCE WE HAVE TO WAIT FOR THE CANDLE CLOSE

Legendaryfx_ Updated 

hello fellow traders, I see an upside channel and now that price has just bounce off the trend line, we can look forward to a bullish move

Legendaryfx_

A descending channel on 4h and good reversal candle stick pattern as indicated above.......so I think we can get a good sell here

Legendaryfx_

We have descending channel on 4h time frame and it seem sellers are a bit more aggressive as we see price making lower highs at every attempt of making a a bullish move......So I think a sell is in order

Legendaryfx_ Updated 

usdchf is in a good retracement level now.... A sell is in order at the break of the structure indicated above

Legendaryfx_

trend line finally broken and retested and we also have strong resistance at 1.33340.....high probabilities of a down move

Legendaryfx_

ALL NET POTIONS ARE SHORT, WITH FURTHER CONFIRMATION COMING IN LAST WEEK WITH INCREASED SHORTS AND REDUCED LONGS...... SHALOM AND ALL OF THE BEST

Legendaryfx_

HELLO TRADERS, NOW THAT PRICE HAS BROKEN OUT OF THE TRIANGLE....... WE CAN POSSIBLY SEE A FLAG RETESTING THE BREAK, BEFORE WE SEE A SHARP MOVE DOWN......

Legendaryfx_

Although the overall net position are held by leveraged money are shorts, but I am mostly interested in their reduction of the short position last week by -2,974 and and increasing their long positions by +2,224, meaning this could be profit taking which could mean a short term reversal.....

Legendaryfx_ Updated 

HELLO TRADERS..... WE FINALLY SEE A BREAK OF OUR TRIANGLE, BUT WE WE STILL WAIT FOR THE SMALL RESISTANCE TO BE BROKEN TO MAKE OUR FIRST ENTRY

Legendaryfx_ Updated 

HELLO TRADERS, HERE I LOOK FROWARD TO A BUY AS WE SEE A BOUNCE ON OUR NEW TREND LINE SUPRT THAT HAS BEEN FORMED......SO A BUY IS IN ORDER SL ON DOTTED LINE

Legendaryfx_ Updated 

I SAW AN INCREASE IN VOLUME ON THE SHORT SIDE BY BANKS(MANAGED MONEY) ON THE LAST COT REPORT... THIS COULD THE TURNING POINT WE HAVE BEEN LOOKING FOR

Legendaryfx_ Updated 

A channel has been broken and its being retested we are mostly likely to see the down side prevail

Legendaryfx_

HELLO TRADERS: AFTER THE PRICE HAS FAILED TO BREAK THE LEVEL AROUND106.800 THE CAN EXPECT A FURTHER DOWN MOVE ON THE DOLLAR YEN

Legendaryfx_

HELLO TRADERS: THE PRICE HAS HIT THE TO PART OF THE DESCENDING TRIANGLE, A REVERSAL IS IMMINENT AND I STILL SEE IT GOING FURTHER DOWN..... SL ABOVE THE PREVIOUS HIGH

Legendaryfx_

double top has been formed... my first target is the support trend line and second target on support indicated below

Legendaryfx_

Hello fellow traders: this are the following updates on ZAR from the last COT report CHANGES FROM 07/30/19 increase on volume on the short side by (+1683) and they reduced their LONGS by (-1,160) ..... This is likely does tell us there could be reversals although emerging markets are hurt by the trade war, I AM LOOKING CLOSELY FOR A REVERSAL