Stilo4

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Joined Portugal
Markets Allocation
100 % forex
Top Mentioned Symbols
NZDCAD 50% | 2 USDCHF 25% | 1 XAUUSD 25% | 1
Stilo4 Stilo4 XAUUSD, 240, Short ,
XAUUSD: Gold following trend?
34 0 0
XAUUSD, 240 Short
Gold following trend?

Falling Trendline Resistance Signs of rejection with long wick of last candle And a possible harmonic (Bat) formation in the works?

Stilo4 Stilo4 NZDCAD, D, Short ,
NZDCAD: NZD/CAD Downward channel
20 0 2
NZDCAD, D Short
NZD/CAD Downward channel

Just my take on this pair: Downward Channel since Dec 2015 favouring a sell set up Trend Line now touched and fell back Resistance Holding with price rejection indicated by Daily Pin bar candle forming

Stilo4 Stilo4 NZDCAD, D, Short ,
NZDCAD: NZD/CAD Downward Channel
25 0 2
NZDCAD, D Short
NZD/CAD Downward Channel

Just my take on this pair: Downward Channel since Dec 2015 points to a sell set up Trend Line Touched and fell back Resistance Holding so far with price rejection indicated by Daily Pin bar candle forming. Let's see.

Stilo4 Stilo4 USDCHF, 240, Short ,
USDCHF: USD/CHF Heading South?
44 0 2
USDCHF, 240 Short
USD/CHF Heading South?

Things are lining up for a short from my point of view. - Price currently testing decent resistance level; - Also currently near Pivot Point R3; - Trend Line from previous highs; - RSI at overbought levels; - Possible start of CD leg of harmonic pattern. Lets see how this price action plays out early this week but I'll be keeping a eye on this pair.

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