art_fxtrader

art_fxtrader

1)GBP changed bias for bullish 2) CAD is gonna be weak for midterm 3) GOOD 1.6355 support level 4) The weak is gonna probably close with Pin bar which is gonna be great candlestick formation WE should at least retest 1.6580. but i think we could go more higher and then reach 1.7650 WHICH is gonna be 1st target 5) After that, we could try to hold it for the midterm

art_fxtrader Updated 

Not gonna tell much here. Everything is simple 1) Price can't move all the time up. Need fuel 2) GBP pairs will strike UP now. EUR GBP down 3) Huge downside movement is coming! Up to 300-400 pips will catch here!

art_fxtrader

With the weakness of US Dollar i'm expecting NZD USD to go more higher 1)Main trend: UP 2) Broke and retested 0.6720 critical resistance zone? went higher 3) We have few good FIBO goals on the top 4) 0.6500 - 0.6950 is our HUGE zone on DAILY where we're moving up and down. So it's pretty much common movement in the price corridor like that 5) Broke DAILY 200...

art_fxtrader

1) Huge WEEKLY support 2) Price has done all the targets to the downside 3) CPI news I believe will push GBP higher 4) Good R\R here 5) BUY STOP order

art_fxtrader Updated 

1)Crossed TL 2) Huge False break on DAILY 3) Super huge WEEKLY resistance level 4) Waiting for correction and SHORT it

art_fxtrader Updated 

So for now just patience. 1) Of course it would be nice to see 200 as a correction before going more up. 2) But if the trend line to the upside will be broken we might see some movement in the range of 290-320 before going more higher. 3) just try to think little beat here. Scenario A - going to the $200 price is simple. But ranging scenario is also should be...

art_fxtrader

The main thing here is: 1) If the price can go more down to $ 4 and stay there me might see more downside movement to $ 1.5 2) The other side of the picture is - we will got our bullish 2nd shoulder for the upside movement. And as soon as we gonna stay upper than $4 with further breaking H4 trend line - the good buying opportunities could be there. So as for ETH...

art_fxtrader

A great setup here. After a huge upside rally, we finally SAW 1) The price can't hold over 0.8990 region - and we made a false break to the upside 2) H4 trendline was broken and it's resistance now, so maximum we could test it and I see only one direction here after that - DOWN... 3) Wouldn't recommend any shorts before the weekends, guys....but it's up to you!...

art_fxtrader

What I personally believe - we will 78.00 as a long term target. CAD JPYcurrently in a downtrend anyway. So all that we have for the last couple of weeks were the correction wave and I decided to take a short here. The reasons for the short: 1) The global trend, local trend: DOWN 2) HUGE FAlse break of H4 trend line 3) H&S pattern on H1 4) Break of 200 EMA H4

art_fxtrader

1) 3rd rejection of DAILY trendline, can't make a higher high 2) OVERALL DOWNTREND 3) Local trend: DOWN 4) Made an impulse downside movement, currently in the correction phase 5) FIBO rejection after impulse + can't make a higher high on the H1 timeframe 6) HORIZONTAL VOLUMES are higher, so probably we not gonna break above them, and I'm waiting for the VOLUME...

art_fxtrader

Welcome to TOP Trade Club. 1) Here we just did H&S pattern on H4. 2) 106.80 ZONE was a very good support for us to reject from 3) Currently testing 108.50 lvl area. If the price could break above and retest the level I believe we will see a good local upside movement here.

art_fxtrader

As i mentioned before in my post - we're waiting for OIL shorts. So now we have: 1) Huge false break out on DAily of S/R level. 2) False breakout of 61.8 FIBO zone. 3) Short candlesticks formation on DAILY. 4) Engulfing DAILY candle 5) Close lower previous HL (higher low) 6) Break of DAILY trend line 7) MAssive volume over $65 zone

art_fxtrader

So let's go here: 1) HUGE support zone for buyers here 2) HORIZONTAL VOLUME support 3) More fuel needs before talking about going more down 4) H&S formation here

art_fxtrader

WE are potentially creating the 3rd TOP after the big bullish rally. Need some gasoline here to go further. 1) Strong resistance level here 2) 3rd TOP 3) Fibo goals are done from the upside movement 4) Potentially done with the correction 2nd leg after the big short impulse

art_fxtrader

Oil still waiting for downside 1)CAD>weak 2)FAlse break on H4 3)Huge 208 Daily EMA support 4)Can't make a new high point 5)Correction leg completed

art_fxtrader

1)Huge resistance level 2)Big correction leg completed 3) Price couldn't make new higher high 4) Nice R/R ratio

art_fxtrader

Global trend: short H&S formation; broke the neckline Price under heavy MA’s Clear broke to the downside with the retest of the previous resistance level. Good r/r ratio. Oil prices gonna go lower - CAD we’re expecting to be super weak

art_fxtrader

We just saw the false breakout of $71 price level. Now we're drawing right shoulder and there is a huge chance to see the big short movement here. Good risk/reward ratio. 1) Clear false break of the price level 2)Global trend: SHORT 3)H&S pattern 4)FIBO 61.8 from previous monthly downside movent 5) Price reached all the fibo goals from the local uptrend 6)Good...