OwlswiftFX

OwlswiftFX

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OwlswiftFX

The chart is pretty explanatory! All trendlines point to one point on the chart. TP 1.2970 Looking at this daily chart, you will observe that anytime the price is rejected at the upper orange trendline, it consolidates to touch the lower orange trendline. I see the same scenario happening here after the price is rejected...

OwlswiftFX

The trend is up, but GU is retracing to the point highlighted in the chart or lower, but will still be within the channel, before omving up. Feel free to like and comment

OwlswiftFX

Sell zone 70.02 - 70.60 region, first TP shown by the orange lines Feel free to like and leave comments

OwlswiftFX

Pair is in a sell region, but you can choose to buy at the current price and TP at 123.34 before selling. Sell till target. Feel free to like and comment

OwlswiftFX

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OwlswiftFX

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OwlswiftFX

Looking at the above chart, its first supply zone is the only green candle in the downward move AUDCAD made from 0.9502 to 0.9253 and Price is. back to the strong level, and it is currently testing it. if the price gets rejected at this level, I would advise shorting to the recent low. Also, using the wave count, it shows AC is about to start a wave 5 movement...

OwlswiftFX

AU is currently on a downtrend after a divergence that occurred from a strong resistance. It has completed wave a and its playing out wave b as a flat as it bounced off the daily and weekly support and resistance levels. I am looking to buy AUDUSD to 0.7240 which is the end of wave b where I have a sell limit down to 0.6688 which is the end of wave...

OwlswiftFX

12 hours ago Looking at the daily chart, I guess it is obvious DXY is on a downtrend and it has shown weakness all through this week The 4HR update shows its possible move for the coming week...I have put a limit at 93.07 with the first TP at 91.56, where we will see some retracements. Feel free to leave comments and like...

OwlswiftFX

Although GU is bearish it has failed to break the trendline, and I believe it will go up to the point shown on the chart before it continues downtrend

OwlswiftFX

This is looking more like a wave 4 setup of the preceding bearish trend from 17.210 - 16.364 but the daily TF is showing a bullish divergence, which was confirmed by the 5 waves upward thrust from 16.080 - 17.210. This is a cross road at the moment, so I will advise we just follow the direction of the arrow for now since both wave 4 idea and wave 1& 2 ideas both...

OwlswiftFX

follow the path. Feel free to leave comments and views

OwlswiftFX

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OwlswiftFX

There is a lot of noise on the smaller TF, so I decided to do my analysis this time on a daily TF. Looking at point AB, it took GU 3days to complete the movement from AB, BC took 5days, CD already peaked on the 6th candle/day and the 7th candle, which was Friday, Oct. 2nd fell short of the 6th candle high forming the exhaustion wicks highlighted on the chart, so...

OwlswiftFX

GJ has 2 possibilities here, considering NFP release in less than 3hours. I would suggest placing stops instead of actively getting involved for now. Once GJ picks a direction, we will be riding till target. please feel free to leave your opinions

OwlswiftFX

OANDA:AUDCAD This pair is going to get there definitely but I envisage it going to take a minimum of 2months. According to my analysis, wave a took almost 2months, and wave b is just unfolding, which might take some time too moving up and down. Looking at the chart above, these are the possible scenarios I am seeing, and...

OwlswiftFX

Short till target..Sorry its coming late. Please leave your views