edgarh132

edgarh132

the yen is showing some struggle to break above 110.81, im short until 104.50.

edgarh132

USCAD can still rally to 1.3287 before dropping to 1.3077 make your comment down below

edgarh132

A simple break out of the downtrend in audchf with a retest SL .7090 TP .7160 Also keep in mind if the TP reaches it will be creating an inverse Head and shoulders which can push us higher longer term. add your comments down below \

edgarh132

Short on gbpjpy

edgarh132

USOIL, LONG

edgarh132

Intra day setup.

edgarh132

GBPCAD, has printed an inverted head and shoulders in the daily time frame. at the moment we are sitting at the neckline,1.6895. if we manage to breach the neckline it would be one of the leading for a long run, still have to wait for a retouch and support. TP1; 1.7517 TP2: 1.7785 Sl: 1.6504

edgarh132

Gold is in a long term range which is creating lower highs in the weekly time frame. The trend at the moment is coming down from the supply zone at the price 1344. For that it influences me to maintaining on a bearish side, at the moment i being rejected at previous support now being resistance and also sitting at the 50% fib level. Also broke of the support line...

edgarh132

NZDJPY is sitting at support, looking at the daily Time fame it looks like a nice rejection. I would wait for the daily candle of Monday to close 10/23 as a bull candle to confirm the long. If the support is broken this is no longer a valid position

edgarh132 Updated 

The Yen finally broke out the correction, had a retest that was rejected and shoot back up, its no longer a sell zone

edgarh132

The DXY seems to be forming a head and shoulder pattern, needs more data to confirm it.

edgarh132

USCAD broke off the uptrend, now all we have to do is wait for a retest of the uptrend and rejection. A good rejection of the 38% fib level would be a good entry point. Higher time frames are still showing a bear sentiment.

edgarh132

looking to short when the support line is broken and retested, it could also play the other scenario and go long, either way its at a 50/50

edgarh132

NZDUSD broke from the uptrend and retested with a rejecetion. To add to that the daily candle from the previous day ended with agrace stone, ill be looking to short for this week.

edgarh132

Information in the picture.

edgarh132

Explantation in the Picture

edgarh132

saving it for my weekly analysis on the postion

edgarh132

Gold seems to have reached high prices of 1369.84 but wasn't able to break that resistance level. after touching that price it bounced up and down for weeks forming a consolidation before dropping to 1123.83 forming a leg of a of elliots wave as you can see in the picture. it retraced to 1260.00 but only forming a LH. if the uptrend of wave 2 is broken there will...