fvideira

fvideira Updated 

Yen futures broken weekly triangle. Buyers were found at the ~0.00895 demand zone, with gaps up on the way. Expecting some potential pullback but aiming for supply zone at ~0.01 or the main impulse zone of the previous higher high. DXY down, we are risk off, with money being flooded into the safe haven currencies.

fvideira

Daily chart shows morning star candlestick pattern off the 1.26600 price level. Digging deeper into the lower TF, we can see an inverse H&S pattern coming into play. We will want to see pings off 1.26600 and/or either 2.382 or 2.618, and a break of the last lower high would indicate trend could be changing.

fvideira

Morning star candlestick pattern off 1.26600 level, the August '18 swing low. May making it known her last day as PM will be 7th June. Last day also managed to close above monthly S3. Will be tracking this on lower timeframes also.

fvideira

Touches of 8.618 and 8.382, strong rejection, could be signalling the end of this corrective wave. Finished the week in a rally. Want to see howprice reacts to the $60 level.

fvideira Updated 

94.5 starting to look like real support turned resistance. Past 2 weekly Fib pivots have been respected (94.4) and monthly pivot also respected as shown. Monthly S1 also held but downtrend is still valid here, until channel break. Oil also showing potential bearish flag/bearish Gartley which could help the bearish movement on CAD, as long as flag doesn't break...

fvideira Updated 

The Gartley pattern with TP's worked well with multiple entries being shown last week. Bouncing of this week's S1, with H1 showing bullish divergence on RSI, we could see a small rally up to help cover more short positions. Overall bias is still bearish, and descending channel is being respected. Rectangles show the levels to look out for, with the "entry zone"...

fvideira Updated 

Nice touch of 4.382 and channel bottom, 4 days ahead of predicted in previous plan. Could be seeing a relief rally here, but will be wanting to see a break above the 123.038-123.143 area for longs to play. JXY sitting above monthly Fibonacci R3, will it close the gap and fall further or hold here? EXY also showing bullish signs, similar inverse H&S pattern and...

fvideira

Could be covering some ground here, to obtain some better short positioning on euro all round. General trend bearish since '08, and it didn't have the power to break through to the upper side of the wedge. Instead, we saw accumulation above the pivot in April before a pretty clean break of the wedge bottom, with pullbacks occurring and not being able to close...

fvideira Updated 

Amid this Brexit shitshow, GBP can see some more downside. Expecting to see some rejection at yearly S1, but general trend since 2008 is still bearish. Expected movements at S1 shown on chart.

fvideira

Previous historical low was respected (May-August 2015) and commenced rally, before forming what seems to be a bullish Elliot triangle wave. Support formed at 1.618. 3.382-3.618 Fib area should prove to be strong resistance, with 96.9 being the target following a triangle breakout. Would want to see price finding support at 96.9 for the move up to the next...

fvideira Updated 

possible bullish ascending triangle

fvideira Updated 

Currently sitting above daily and weekly 200 EMA, and further downside looks quite possible. Price has broken below H4 200 EMA and support was turned into resistance at the 3.382-3.618 fib area. Triangle wave also in play here. $60 next stop? It also has the potential to become bullish if upper trendline is broken and support is found again at the 3.382-3.618 fib area.

fvideira Updated 

closer look

fvideira Updated 

Potential Gartley pattern in play, in conjunction with descending channel. Watching for a break of 1.1217 pivot to reach the entry zone

fvideira Updated 

Posted a H1 idea showing potential long but H4 chart also shows potential strong support in the area between 2.382 - 2.618 fib levels; this area has proven to be a strong resistance recently and may flip to becoming a support/supply level, provided it is reached. Confluence of fib/pivots is clear.

fvideira Updated 

Chart showing three drives pattern occurring, with all correct retracements. Aiming for entry at 1.272 as per harmonics. Potential for a 5/1 reward-risk trade. Confirmation depends on price action inside area, in which you can see a confluence of pivots and fib levels.

fvideira Updated 

Looking for short off pullback from the previous impulse area. 123.203 on the cards? Then 122.161

fvideira Updated 

Inverse H&S in play?