PiPyLongstocks

PiPyLongstocks Updated 

Possible bounce off of trend line. S/L: Red Entry: Blue T/P 1: Green T/P 2: Green

PiPyLongstocks

Price has respected the .382 Fibonacci level I entered my long at 0.84391 and plan to exit at the .8700 price level and hopefully finish off 2016 with a win. Happy Holidays!

PiPyLongstocks

The Fibonacci lines were drawn in the Monthly chart. Looking at a bounce off of the 0.786 lvl probable swing up to the .5 lvl

PiPyLongstocks

If price crosses both EMAs look for correction wave to begin. Areas of importance are the 111.941 area and the 106.937 as both have been support and resistance areas and are so close to their respective Fibonacci levels .382 and .786 Wait for correction to be confirmed and held at one of the support levels and ride a new impulse wave into a profitable 2017.

PiPyLongstocks

Possible retracement off of the 138.04 area with price heading maybe crossing the EMAs. The CMO is taking a bearish turn and the AROON + line is at 100 while the MACD and the RSI have been at overbought lvls since early November. Wait to see if the support and Fibo lvl hold price. I would want to see at least two test off the 138.258 area before putting in buy...

PiPyLongstocks

Price crossing under both EMA, CMO under 0 -AROON up while +AROON headed down under 50 lvl. MACD bearish indication and the RSI down at the 40 lvl With the bullish outlook on the Dollar the probability is in favor of the short position.

PiPyLongstocks

With price crossing over both EMAs and the indicators in confluence with a bullish move as well as the strength behind the dollar right now, probability of a long move is higher than a short. Or we could see one of the Fibo lvls respected and price retracts and continues downward. Either way good pair to watch over the next two days.

PiPyLongstocks Updated 

Flat bottom triangle price patter formed. White lines= Resistance and Blue lines= Support according to Dailyfx.com/Technical-analysis I believe this pair should have a breakout to the bearish side and will have a nice continuation of the downtrend over the next 10 days. Also after the FED rate hike you can double dip with a positive carry by being long on...

PiPyLongstocks

Price has been ranging since late October possible breakout coming wait for confirmation.

PiPyLongstocks

Not shown on this chart, the 30-50-100 SMA are above price and starting to trend downward. Could be a possible flag patter need confirmation of price crossing the two EMA but I believe this could be a bearish break out.

PiPyLongstocks

Indicators showing price flat now, I would give this a day to develop but possible short entry as we can see there was a cross under on the 29th of November and then a test of this dynamic area of resistance on the 7th and 8th of December and a break through resistance.

PiPyLongstocks

A we can see here price has been ranging since Halloween and has broke through the resistance line. Once again there is a cross under the to EMA and the SAR is on the bearish side, along with the indicators could be a nice short opportunity over the next week.

PiPyLongstocks

On this chart you can see back on the 10th of November price crosses under the two EMA with the SAR indicator on the bearish side. We can use the two EMAs as a dynamic area of resistance and you see price was unable to break back above the two EMAs and is now taking a downturn. Using the HA candlestick chart with 30-50-100 SMA and the ARSI for you trading station...

PiPyLongstocks

On this Chart we have a cross under the EMAs and using the indicators below helps confirm a bearish move a line chart like this used with a (HA)Candlesticks will give you entries and exit points with doji or spinning tops on the candlestick chart and cross over/under on the line chart and the indicators help confirm price pivots and there strength Cheers to easy money!

PiPyLongstocks Updated 

Trading in the Daily charts with HA candles we have a spinning top as a setup, next a continuation bull candle and third candle on 5/21 as our trigger candle. With a bearish outlook on the Yen (DailyFX) we have a Long opportunity if entered now to gain pips over the next 3-5 days. Using the HA look for a doji/spin top or color change for exit point check in at...

PiPyLongstocks

Nice M pattern in down-trending pair. Setup chart in the 1H, Trigger chart in the 15M for a potential 60 PIP gain. This technical info coupled with over outlook of a weak Aussie and a Bumped Trumped dollar, probability of downtrend continuing Strong.

PiPyLongstocks

based on technical analysis for anyone looking for a intra day trade to score 40-50 PIP within the next few hours and be in and out of the market before the election, market shows possible down swing with price in a flag pattern with possible swing down off of the .500 or .618 fibo levels.

PiPyLongstocks Updated 

If Price holds at 1.11250 after test of former resistance now support look for a 60 PIP break out.