Sniper

Sniper

Long trade of demand zone, potentially back to fresh supply zone

Sniper

USD/JPY Has broken 125 The 125 level is of course a large, round, psychologically significant number, and breaking above there is of course a good sign. Ultimately, I believe that this market is heading to the 130 level, which is the next large, round, psychologically significant number. It isn’t necessarily going to happen overnight, but I do believe that it is a...

Sniper

BIg bull flag forming, first major test will be the previous structure high around 136.900 - 137.00 if this level is breached then a pull back and continuation play could be on the cards, first target around the .50 fib retracement level and second target around the .68 Fib retracement.

Sniper

EUR/USD has been heading south for the past 9 months with little or no retracement, price is nearing some key levels as indicated on the chart, I'll be watching these levels like a hawk.

Sniper

Bias on AU is still very bearish, waiting for price to pull back into the most recent supply zone to get in short with a good Risk to Reward ratio, at least 1/4.

Sniper

No reason to not still be bearish with the EUR/USD, I'm expecting a gap down on opening and a rally to close the gap, price may struggle back through the 1.1280 level but i'm really looking for it to rally back into the supply level around the 1.1360 - 1.1380 area, It's also important to watch the upper descending trend line, any break above could see further...

Sniper

Since the SNB debacle GOLD has become the usual safe haven, breaking through the major support level at around 1258, we are waiting for a bit of a pull back to the lower ascending trend line and to get in long with a target of 1345. Slowly squeezed through the ascending trend line and now major trend line holding as support.

Sniper

Long term trend is down, after some consolidation and break out of the lower ascending trend line I'm waiting for the retest or the break out of the lower horizontal line.