Samee005

Samee005

correction before bullish push

Samee005

cup and handle formation

Samee005

Technicals: At a key resistance level. At the correction phase of the Elliot wave theorem. Failed to close beyond 38.2. Fundamentals: UK is showing signs of slow economic growth, losing growth momentum. UK Employment data released tomorrow.

Samee005

Technicals: Failed to close below 23.6 Fib, Last week euro rallied and made some ground, however, closed almost 50% lower than its weekly high. Friday's reaction to the fib level and the 200 SMMA creates a strong level of support. The weekly chart failed to create a monring star, however, it did create a bullish hammer. Market structure suggests pressure is...

Samee005

2 trades with different potential targets

Samee005

potential harmonic!

Samee005

FORMING A PENNANT HOWEVER THE RED TREND LINE IS A MONTHLY TREND AND THEREFORE I EXPECT A DOWNWARDS REACTION TO WEAKLY SUPPORT(BLUE). I ALSO EXPECT A BREAKTHROUGH OF THE 200 SSMA ON THE 4HR

Samee005

UJ retest of channel before pushing up to monthly trend line. YELLOW = daily levels RED = monthly levels GREEN = hourly levels

Samee005

POTENTIAL AUDCAD LONG POSITION FOLLOWED BY A SH0RT. EXPECTING SOME RALLYING BEFORE A MAJOR BEARISH MOVE. THERE IS AUD INTEREST RATE AND RETAIL SALES DATA COMING OUT NEXT WEEK. CAD HAS PMI DATA RELEASING NEXT WEEK

Samee005

potential short

Samee005

Due to positive news for GBP today, I would be wary for this setup, however this is a potential short scenario

Samee005

BUY @ 1.23860 SL: 1.22900 TP: 1.225375

Samee005

SELL AT 1.5550 TP: 1.5485 SL: 1.558

Samee005

NFP data is due to release tomorrow and as a result I am expecting the dollar to keep falling and for the eurodollar to reach the 1.254 monthly trend structure just before the data release(potential of 70pips). Depending on the data and how the market reacts the eurodollar can either reverse or break through the supply zone and structure. Let me know what you think.

Samee005 Updated 

The Elliot wave move is in its final stretch. I have a buy order pending around 9,000.

Samee005 Updated 

850 is a good region to buy. Penant formation

Samee005

EURUSD SHORT @ 1.18155 SL: 1.19465 TP1: 1.16730 TP2: 1.14780

Samee005

This is linked to the buy of this harmonic, lets see how it pans out