TheBrokeTrader

A break below could open another 300+ pips to that 125 level. The current corrective move to the upside is not very convincing.. the storm is not over yet.

As expected, price bounced off the level with an impulsive move. The target has been revised to 61.8 - 76% retracement of the upward move. Another entry here with a tight stop for a nicely skewed RR of 4.

The first entry at the break with a tight stop for a great RR. Target around the 18210 area. Will be scouting the smaller time frames for more long entries.

Cant really gather much from this structure that's forming. Another move higher before completing the correction makes sense to me.

Looking at the current correction to complete as follows. First leg was 3 waves, expecting another 3 waves up to previous highs with another 3 down back to current levels to make a flat correction for more upside. Got a bit carried away with this one.

Absa seems to have completed a flat correction with a clear ABC structure. A break above the declining trendline could open up a move towards 20000. An entry will be confirmed by a small correction after the initial impulse (retest)

With the recent bull run slowing down, the RSI has been diverging away from price indicating short term reversal. A break below might target 50% fib. RSI is already below 50

Not a pretty one for MTN shareholders. Following the previous impulse to the downside, the price has bounced to 61.8% fib. A break below could extend to 100% of the previous leg

A bullish flag is forming nad clearly visible on H1 and H4. Looking to buy again at the break of the flag.

The pound has been showing weakness and taking a beating against all majors. The price is now stalling at a level where it has reversed before multiple times.' Will be looking for entry signals to the downside.

The short position fell a few pips short of the full target. Now looking to enter long after a flag following the impulsive move up back towards the 122 area.

Been tracking this one very well for some time now. Nicely skewed risk reward ratio for a possible short position with a tight stop.

1 more leg down to complete the big corrective move we saw in December 2018.

Expering more downside on this pair towards the previous lows. Tight stop loss above the bear flag on H4.

After the last move down, GBPUSD has been consolidating in what looks to meet the description of a triangle. The price looks set to test the 1.3900 area after a small continuation flag.