emiltw

emiltw

Long Cable for Bat pattern formed. TP 1 : 1.3320 TP 2: 1.3375 SL: 1.3200

emiltw Updated 

Currently the Pound Yen are in 61.8% pullback and also in the bearish channel. If the Pound Yen are able to break this trend line, we are going to Long this pair to the major 61.8% retracement of previous ABCD pattern. If not able to break and form reversal signal, I'll aim back to its support level.

emiltw

Euro was facing a falling trendline rejection yesterday and today break the rising trend line with a pullback to resistance level. If following candles shows successful test then we'll start Shorting this pair with target of 1.6450.

emiltw Updated 

With the Retracement of A-B from March 27th to April 10th Fibonacci, I'm waiting for the retracement 61.8 to get a Golden ratio short entry. Confluence with a Rejection Candle (Pinbar, Engulfing, Shooting Stars) Target zone will be at around 1.6050 (61.8% of April 10th low and 61.8% zone.

emiltw

n/a

emiltw

The Loonie Franc has a nice downtrend with the nice retracement of the first leg, plus a Bat pattern makes a confluence to Short this position.

emiltw

With breaking the trendline in H2 chart, wait 61.8 retracement for oil then short target at 46.50.

emiltw Updated 

Bullish Divergence TP level 1267.00

emiltw

In the daily chart, we can see that the rising trend line currently acts as resistance line of current price, and the falling trend line acts as the resistance of the current price too, this makes both the falling and rising trend line creating a confluence, but the direction is still unclear, the major trend is still a downtrend, so high possibility that the...

emiltw Updated 

Bearish Engulfing bar and we enter at the 50% retracement of the price. Short entry target 1.1190 - 1.1160

emiltw

What we have see here is a triple bottom, with every lows, the MACD is pushing up momentum, once UJ successfully made a breakout with retrace and fail to break down, long position triggered to 50% of the Fibo ratio

emiltw

We had many rejections at the demand zone, it seems like the trend line is slowly pushing up the price in a low momentum, therefore for the following days we expect price would be less direction momentum but once the buyers volume are enough we would see a price rally up.

emiltw

We expect the following candle would be a down day, so it has confluence to short this pair: 1. Bearish reversal candle 2. Supply zone Short target level: 0.7500

emiltw

We have met the market price turning point after a few up day, Hence, if today price bar close with a reversal pattern, we will take short position to the demand zone, if the price able to close up the falling trend line, a long position will be taken once the price retrace back the trendling.

emiltw

Triple Top pattern formed Resistance Zone Reversal Candle TP: 0.7435, 0.7375, 0.7320 SL: 0.7635

emiltw

The price has break the support trend line, and it failed tried to test breakout with a reversal signal, hence will short this pair target 0.6870

emiltw

I've project the ghost feed to forecast the Aussie following movement, we're waiting for the breakout.

emiltw

Waiting for high volume on price breakout