This an update of the chart I posted on Monday I'm waiting for a breakout short which may be about to go. For a low risk trade wait for the breakout and correction High risk is to take it now with the possibility that it may rebound to the top of channel once more Keep an eye on this one Good luck Steve If this helps or you agree with my analysis please...
This might be about to break out Short or it may go back into correction channel Wait for conformation before opening any short position. Keep your powder dry in the mean time Hope this helps, if it does please "like" I'll keep you updated on how this develops Good luck Steve
This is an update of the chart I posted 3 days ago (see link below) Target one hit Target two still active The ABC pattern developed into a much larger ABC structure but none the less it still went short. This now looks like it is ready for a long drop as seen in the past As you know this is a probability game and it may go long but for me it's good for the...
I've been calling this one for days It may hang around up here for a while longer but I wouldn't like to miss the drop So far it is doing what I expected (see Daily chart below and yesterdays prediction of the trend break) Today I've thrown in a H & S to indicate it may be about to go south As we all know this is a probability game and it may go the other way but...
This is the 5th test of the top line of the daily channel It may go further north but if it goes short it could be a very big trade Sell on trend break down and retracement below the trend line This is only an idea but worth keeping an eye on as it will be very profitable if it comes off If this helps or you agree with the analysis please "LIKE" Good luck Steve
This was an ABC correction which has possibly developed into an ABCDE If it reaches E look to sell If it breaks north of E look for a long opportunity If you agree or this helps please "LIKE" Good Luck Steve
The correction has developed since yesterday but still looks short to me See chart for ideas and check out previous charts on this idea via the links below You can see from the first chart that this is developing as predicted Please "like" if this helps or you agree Good luck Steve
On the 240 Chart this looks like it is going short. Looking for suitable entry Idea on chart Please "like" if this is helpful Good luck Steve
Last week I published a chart on this pair showing the price at the top of the weekly channel also completing an advanced pattern (see link below) It has now broken the correction and retraced back to a great place to enter short for a potential long ride down in the weekly channel Just my thoughts If this helps or you agree please "Like" Good luck Steve
Daily trend is down Gartley pattern at or near completion Look on a lower time scale for a suitable short entry Please "Like" if you agree or this helps with your own analysis Thank you and Good Luck Happy Holidays to our American Friends Steve
Looks like this will go for a 5th wave down to channel bottom It may go to top first before going south as it did on the 1st wave Any short position opened now can be added to if it goes up first With thanks giving weekend ahead this may be very slow moving Nice risk to reward Please " like" if you agree with my analysis or if it helped Good luck
Idea on chart linked to my previous short call Please "like" if you agree or find this helpful Good luck Steve
Good risk reward possible short entry 50% retracement of last major move down 61.8% retracement of the latest move down Touching trend line of correction Head and Shoulders within correction We never know for certain but this could be enough to suggest a good risk reward short. Of course it could go north one more time with in the trend Please "like" if you...
This looks like a bullish flag to me. I could be wrong but I think it's worth a wee punt Good luck Steve
I've been waiting for the GBP to break out of the down trend. It's just shot up and broke the Daily/Hourly trend line. Wait for a consolidation above the trend line and go long If this helps or you agree please "LIKE" Good luck Steve
This can break either way and for that reason I will wait to see what happens. There is still down side to this pair but we might get a good upward correction before continuing down It's at or approaching long term lows but there are no rules to say it can't go lower I think any open positions at the moment are speculative - toss a coin If you agree or if this...
Pair is at the weekly trend line and may bounce up a fib level or two We possibly have a 2618 set up Worth a punt as the up side should be big Please "like" if you agree Good Luck Steve
Hi Traders This may finally be the up move we've been waiting for. Looks like a break up which may retrace to 618 for a 2618 long trade Fingers crossed or this starts to look like "muppetery" lol Good luck Steve