aparkon

aparkon

UJ is about to hit major supply zone soon. Wait until UJ hits the red line and activate the sell order. 4:1 RR.

aparkon

Hi traders, The cable had a nice run for a few days, now we are at a point"D" which I consider perfect area to sell the Cable. We may see continuous fall from this point until Brexit happens if the Cable goes south. Give enough room on your SL for a favorable result.

aparkon

The Cable held a 61% fib level and bounced from here, thanks to the possible Brexit deal. We may see a complete ABCD cycle before the Brexit happens. 1.268XX looks like an ideal target for the bull-run with U.K. and Irish are working on the pathway to a possible Brexit deal. ----Point "D" meets absolute downtrend line colored in red----

aparkon Updated 

GBP is currently at a very important level. -61% of fib - It is obviously trending downward, but the sentiment on this pair is still very bullish. 74% of GBP traders at net long according to IG sentiment data. The trend usually goes against the sentiment, but sometimes it works. If the Cable holds a current level and bounces from here, we may see a complete ...

aparkon

EUR has reached major downtrend line. Major sell opp, SL above down trendline.

aparkon

UJ has rebounded from strong support and in an uptrend now. DXY's 98.XX area has been supported by bulls and its in uptrend as well. Yen will eventually strengthen due to global and U.S. recession signals, but it looks like DXY will reach 100 area soon.

aparkon

GBP's downtrend has started but we may see a small upward retracement. It is possible to retrace 1.224XX level and continue to trend downward. SL above the red trendline, the target is 78% fib level of the entire cycle(September resistance) This is low hanging fruit setup.

aparkon Updated 

The cable trading idea for this week. The cable is consolidated within range, will be ready to go north tomorrow or day after tomorrow.

aparkon

Short idea

aparkon

Trading idea for Ninja

aparkon

Possible GJ trading scenario. Short Entry: 132.4XX TP 1 : 130.700 TP 2 : 130.1XX Follow, Like, Share or Comment Thanks for supporting! May trend be with you,

aparkon

I still believe the overall trend is bullish, needed some pullback before penetration of double top formation. I am expecting UJ to go down .382 of fib level which also is support zone & bottom of uptrend line.

aparkon

Hi traders, EJ is holding a 61.8% fib level and it may continue uptrend from here. Possible profit target is point "D" of ABCD @higher supply zone.

aparkon

EUR is supported by previous resistance and we may see some retracement before it goes down. EUR is expected to be traded within the downtrend channel, TP is first supply zone @1.102xx

aparkon

Hello traders, I am expecting a strong dollar this week. We may see DXY hitting 100 level pretty soon. Also, the chart is making a perfect cup and handle bullish pattern. 1st TP @ 109.18X level 2nd TP @ 109.7XX level

aparkon

Hi traders, The cable has reached great sell area NOW. It's possibly creating a head and shoulder bearish pattern. Sell now, SL above supply zone, TP 1 and TP2 both are 100+pip opp. GL traders. May trend be with you.

aparkon

I would expect EJ would rebound at demand zone if I am not expecting USD/JPY & EUR/USD sell-off I am expecting UJ/EUR would go south next week so as EJ. EJ has violated uptrend line and it will most likely go back to 118.9XX area then go down.

aparkon

Yen will likely go down further to last resistance @106.94X level. Great short opp. open order @107.7XX area. TP @ 106.9XX