PermaBare

PermaBare

Looking for continuation of daily range until proven otherwise. Short to bottom of range.

PermaBare

Description on chart

PermaBare

Description on chart

PermaBare

Looking for RBA to potentially go against expectations, leaving rates unchanged, resulting in continuation of short term uptrend.

PermaBare Updated 

...

PermaBare

NZDUSD seems to be finding support while pushing against a rising trend line. If we get another bullish candle here, I'll be entering a long position. Ill keep a close eye on our momentum as we approach the 50% fib level at 0.71251. It we show no sign of slowing down I'll adjust my stop and look to ride the trend up to the 61.8 fib level. See chart for level values.

PermaBare

EUR/GBP has been range-bound for days. Bollinger bands are tightening, as I am waiting for the imminent breakout and run up or down to well defined support and resistance zones. If we see a strong break to long side: Buy: 0.84465 Stop: 0.386895 Target: 0.86075 If we see a break to the short side: Sell: 0.82695 Stop: 0.83285 Target: 0.80389

PermaBare

Bearish break from short term uptrend, right in line with resistance of long term downtrend. Watch for break of key support zone (purple line).

PermaBare

This is a quick analysis. I have no position on, just watching and waiting. Good P/L at this level though.

PermaBare

All the technicals are setting up for a solid week long short. However, with several high impact releases scheduled from Japan, I maintain a 'wait and watch' stance until later tonight.

PermaBare

Wedge broken and retesting as resistance, if rejected we can look to see the euro fall. Current target down around the 127 zone.

PermaBare

Looking for a drop down to test support around 1.053.

PermaBare

just a basic technical play. looking for a push down from resistance, tight stop, good P/L. trade likely wont be on for more than 24h.

PermaBare

...

PermaBare

AUDUSD continues to follow wedge pattern. Look for breakout, followed by test of support/resistance in either direction. Short to bottom of wedge, or confirmed breakout up.

PermaBare

Picked up over 100pips on this trade so far. Moved stop losses to break even. Still maintain original prediction, more downside coming. watch and wait for price to test key levels on the way down. Keep a close eye on event risk for tuesday May 5th. If US posts optimistic PMI numbers, and technicals show a sustained break below 1.1 levels, pyramid short position.

PermaBare

Wait for confirmed reversal within resistance region.

PermaBare

...