dead2live

dead2live

AUDJPY Too much blank space for Bulkowski symmetrical triangle, but other traders might not know. Sell at cnfm break of bottom tl. TP 76.50 Low grade trade. WATCH for volatility and also continuance to channel bottom. Historically, this position creates a minor sell before pulsing upwards.

dead2live

AUDNZD Downward Channel Bulkowski Descending Triangle (2nd touch is only pinbars). Watch for formation changes after the weekend! 100 pip potential. Sell Signal: pullback and solidification after clear break of bottom trend line. Watch carefully, RSI 4H,D1 & WK suggest trend change. Watch carefully, volatility due to Brexit rumors (or insufficient volume). Brexit...

dead2live

Held down by 100 and 50ma Held up by strong support on D1 Help up by 200 MOVING AVERAGE ON H4 Volume required to break range and beyond upper averages. H4 RSI suggests a buy H4 100 MA crossed up over 200 MA H4 MACD suggests buy D1 MACD suggests buy continuation Buy Signal : Volume Move beyond 100ma (magenta) and 0.382 fib (0.7050) along with pullback that...

dead2live

Sunday Lookout for Potential Trade Setup gbpjpy H4 Bullish triangle. Likely a breakout. Needs to break the 20ma and resistance at 149.74 before entering. Resistance 151.70 (50ma) Resistance 153.05 (0.382 fib) Resistance 154.919 (0.5 fib AND 100ma) Resistance 156.314 200ma and 0.618 fib right above MANAGE CLOSELY FOR REACTION TO BREXIT FEARS. Brexit polls this weekend !

dead2live

On Watch for potential break out above 50 moving average or otherwise. WK in range. Currently in range Long Diversion

dead2live

EURUSD Support on H4 250MA on D1 WK has begun retrace long Likely, this pair will move up. Numerous Mild News this morning Major News 9am CST ! Do your own Due Diligence. Trade Safe

dead2live

GBPJPY Respecting the 50sma (cyan) Bottom of the channel with bullish pinbar. Watching for rise. Need more cnfm to go long

dead2live

This is a historic move for this currency. I'm out of the profitable trade. Now I wait. Because there's no precedence established for such a move on GBPAUD. Trade Safe

dead2live

Aaand she might be going up only to descent in an arc. Maybe

dead2live

Outstanding. Top o' the list. Short when the time comes.

dead2live

Similar behaviors. Will watch closely for entry cnfm. Never predict USDCAD based upon chart analysis alone. Heavy Fundamental pressure on this pair (crude). Always closely manage trade lest Fundamentals intervene. I usually scalp this pair. (Keeping trades shorter reduces risk for me on this pair.) This chart is not enough information to confirm potential...

dead2live

She likes the 50 and 100 moving averages. Almost ready to make a move.

dead2live

GBP value precarious upon rumors, still. Little confidence in sustainability of existing strength. Not sufficiently knowledgeable regarding Yen macroeconomics. Respecting 100 SMA and ready to move. Price is located in ranging on Weekly Chart. Long-term divergence. Price action move is likely. Unwilling to predict. Worthy of looking for other signals to price...

dead2live

Perhaps the bounce is already in play. H4 suggests potential reversal. Wait and see.

dead2live

Historically, when EURGBP passes through 200 sma it either plows through all of the sma further down or ranges for a while along the 250 sma before bouncing up. Price will zigzag in the meantime as players of lower time frames not watching the moving average. Waiting for a price action bounce off a moving average.

dead2live

Under Watch Waiting for reversal signs. Daily Chart may reflect a reversal as well. Unsure where bottom support exists. News Monday may have impact.

dead2live

Will buy with the major trend when bounces. After moving through the 200 sma, it likes to drop and bounce off another moving average or the trend line. Inflation Report Hearings on Tuesday.

dead2live

Price Action would contend this weak leg should be covered even if only a long pinbar which would signal a bounce. Lower weaker legs are covered by previous action. Scroll out to view those highs which correlate to fibonacci 0.50 at 89.50.