M-royce

M-royce Updated 

Reason to Buy 1) 1300 - 1340 = strong support area 2) AB = CD 3) Fibo Extension 1.618 4) Cypher pattern Stay tuned!

M-royce

Reason to Sell 1) 11400 = key resistance 2) Inside Bar on Daily 3) Lower low in smaller timeframe Stay tuned !

M-royce Updated 

Reason to Sell 1) 2820 = strong resistance 2) Price pullback to 0.618 3) Fibo Extension 1.272 ** Given the bullish candle that formed yesterday, likely to test 2865 4) 2865 = strong resistance 5) Cypher pattern with D at 2865 6) AB = CD 7) Fibo Extension 1.618 Stay tuned!

M-royce Updated 

Reason to Buy 1) Short-term uptrend 2) 1212 = support 3) Bat pattern Stay tuned!

M-royce Updated 

Reason to Short 1) Fibo Extension 1.272 2) Bearish Pin as Mother Bar + False Breakout Stay tuned!

M-royce Updated 

Reason to Short 1) EurUsd = downtrend 2) At resistance area 3) Head & Shoulder 4) "Head" touched Fibo 0.618 of downswing Stay tuned!

M-royce Updated 

Reason to Buy 1) Short-term trend = up 2) 1422 = support 3) Cypher Can consider Long **IF coming 30min candle closed = bullish Pin Stay tuned !

M-royce Updated 

Traders who did not Long the EurUsd from low can watch for Buy signal to buy *IF* near-term resistance is broken Potential Sell area ?? 1) 1610 = key resistance 2) 0.618 retracement Stay tuned !

M-royce Updated 

Reason to Buy 1) Downtrend-line has been broken 2) Very very very bullish engulfing candle Two possible entries, whichever come first 1) from near-term support 2) 61.8% retracement Stop loss below 78.6% (breakout candle) Stay tuned!

M-royce Updated 

Reason to Buy 1) Long-term downtrend-line has been broken with a strong breakout candle = uptrend 2) Strong rejection from 1212 support = engulfing candle Two possible entries 1) Buy from near-term support 2) Inside Bar + strong breakout + pullback (Inside bar formed below resistance) Stay tuned!

M-royce

Reason to buy 1) Uptrend 2) 9510 - 9550 key support area 3) 0.618 retracement 4) AB = CD 5) 1.618 Fibo Extension Stay tuned!

M-royce Updated 

Reasons to Short 1) 6690 - 6720 = key resistance area 2) Gartley D point rejecting key resistance 3) AB = CD 4) Fibo Ext. of AB = 1.414 reached 5) Pin bar Stay tuned!

M-royce Updated 

The Dollar Index 1) 9670 - 9700 = key resistance area 2) AB = CD 3) Fibo extension 1.414 of AB 2) Trendline has been broken 2) Strong breakout candle = engulfing candle Stay tuned!

M-royce Updated 

Reason to Sell 1) Short-term downtrend 2) 2741 = key resistance 3) Pull back to 0.50 - 0.618 4) Wedge pattern 5) Strong breakout candle = engulfing candle Stay tuned!

M-royce

The GbpUsd broke the downtrend line a few weeks ago and been trading above it since then. The Pound surged higher yesterday and closed the trading day outside the Inside Bar formation. Watching for Buy signal upon retracement. Next near-term resistance around 3180 and longer-term resistance at 3300.

M-royce Updated 

1.1416 in red is the key level on the EurChf Daily chart which previously served as a support level but has turned into resistance since it has been broken last week. An engulfing candle can be spotted on the 1hr timeframe rejecting from the key level. My Sell position: Entry: 1.1378 SL: 1.1458 Tp: 1.1258 ** This is not a Buy/Sell recommendation ** Please do...

M-royce Updated 

An obvious support turned resistance area can be seen on the 4hr timeframe as price broke lower last Friday. The EurAud retraced higher earlier this week and a bearish candle can be seen rejecting from the resistance area. My Sell position: Entry: 1.5657 Stop: 1.5757 TP: 1.5507 ** This is not a Buy/Sell recommendation ** Please do your own due diligence

M-royce Updated 

The UsdJpy is in an uptrend since March 2018. It just broke above the 111.12 – 110.32 key area with a strong bullish candle last week. I will be looking to Buy the Dollar against the Japanese Yen when price retrace lower, ideally around the key area. Stay tuned! * This is not a Buy/Sell recommendation ** Please do your own due diligence