We follow the trend - see attached idea - 1.13100 and 1.12700 targets
We have entered Short trade based on Bearish BAt Pattern on the Daily Chart and added short at the retest of the trendline. - See Attached- We have reached our shorter-term targets. The pair is testing 1.53000 support. A clear break will carry the price 1.52300 - 1.52100 where our midterm target resides. A major correction can be seen at 1.52200 Our Tools for...
Area of the entry 48.20 - 48-44 Add short at the potential breakout Keep Following and I will update the setup.
As described on the chart
According to the latest GDP data released today, New Zeland’ Anual Growth eased from 3.2% to 2.6%. Markets are forecasting a 25bp cut in the Official Cash Rate in November 2019. On the other hand, FED lifted rates as expected by 0.25%, with the dot-plot now pre-announcing two probable rate hikes for next year, down from three previously. The accompanying...
Wait for the breakout to short. Levels as described on the chart.
I want to approach the matter technically. I will share my fundamental approach on a detailed USDJPY forecast later. According to the Bulkowski’s definition which I completely agree, MMD algorithm finds three consecutive turns, starting with a minor high then a minor low ( start of the corrective phase) then a retrace of at least 70% ending in a minor high( the...
The correction of Deep dive from 21600 to 19000 seems to be blocked by 20200 resistance. An ascending triangle pattern is being printed on H4 Chart. - Potential bearish continuation pattern. - Short at the potential breakout. Bullish breakout would be validated at 20225.
Cable is trading above 1.27200 key support. The bullish move will continue as long as Cable holds above 1.27200. The first strong resistance resides at 1.28200. A clear breakout of 1.28200 would carry the price towards 1.28800 We will look for a short opportunity at D. Please note: This is not a call for Long.
We have entered a long trade at 1.86740 and we have reached our first target. See attached setup - A Bearish Butterfly pattern has been completed at D.A minor correction is being processed. We plan to add long positions by using pullbacks as buying opportunities. If the pair makes H4 Closing below 1.89500, it is likely to test 1.88000 and 1.87500. We will add...
We will look for a bullish reversal pattern on the smaller chart timeframes at D Fib 1.27 Ext.of XA. If the price breaks out and makes H4 Closings below 0.97500, the pair is likely to test 0.96500. Deep Crab would be completed and we will look for a Long opportunity. Entry Notification will be sent to members.
Netflix Outlook Netflix’s Q4 earnings are projected to sink over 39% according to the market participants consensus. Luckily, the firm’s adjusted full-year earnings are projected to skyrocket 110%. And the company’s fiscal 2019 EPS figure is expected to come in 57%. At the other end, NFLX’s Q4 revenues are projected to climb 28% to reach $4.21 billion....
Dow utilities index ended the week at 711. If it breaks above 713 - 38.2 Fib Retracement-, it is likely to test Fib 61.8. We plan to short DJU at Fib 61.8 - 732.02 - Note: Bearish Swan at 729-732
I will publish the details in the first week of the new year. US10Y losing weight and counterparts JPY and GOLD are getting demand as safe haven assets. US10Y key support resides at 2.66 DXY support at 95.73 My trade plan for XAUUSD Short at 1296-1300 and Long USDJPY at 109.400 - 109.200 Happy New Year
We have entered a short trade based on fundamentals and technicals - see attached - Our trade generated 400 pips so far. Our midterm target was 73.46. We are just 50 pips away from the target. We predict a major correction before the bearish continuation. Tools&Measurements Used for the Long Entry - RSI divergence on H4 chart - Fib 78.6% of XA Move - Test of...
Our levels to sell and midterm targets are described on the chart.
The pattern would be validated at the breakout of the neckline. Long at the breakout. Levels as described on the chart.
Bearish Continuation Triangle on the M15 Chart Sell at the potential breakout of the channel Good Luck and Happy New Year!