ggm254

ggm254

Wait for a Close below 1.29600 then short the Pair to 1.26500

ggm254

The 142.000 area is a must-hold level for buyers. But given what we’ve already seen from other yen pairs, a breakdown seems imminent. Just remember that there are two upcoming Fundamental factors to consider and they will trigger an increase in volatility: 1. Fundamental event in the form of this Thursday’s BOE decision and statement. ...

ggm254

A DAILY CLOSE BELOW 1.10700 WILL TRIGGER A SHORT POSITION TOWARDS 1.09300

ggm254

A DAILY CLOSE BELOW 1.8660 WILL TRIGGER THE SHORT POSITION FOR 600 PIPS.

ggm254

SELL EURUSD TO 1.10050

ggm254

If we do see the GBPAUD start to rotate lower from the 1.91500 resistance area, we could have a head and shoulders reversal on our hands. Notice the left shoulder that developed last October. The head of the pending formation was that multi-year high in December. But to call this a head and shoulders pattern, sellers need to secure a daily close below what would...

ggm254

SHORT POSITION ON EURUSD TO 1.10100

ggm254

SHORT POSITION TO 1.30700

ggm254

SHORT POSITION TO 1.26840 THEN TO 1.22140

ggm254

SHORT FROM 0.68280 TO 0.68080

ggm254

Short EURUSD at current Price 1.10700 all the way to 1.10300

ggm254

1.30000-1.29800 is a Supply zone= SELL HERE 1.28170- 1.27970 is a Demand zone= BUY HERE

ggm254

Wait for Price to retrace to 1463-1465 Demand zone and Buy all the way to 1475-1480 area.

ggm254

On the H1 was a small Bear Channel/Bullish Flag formation which was broken yesterday. We wait for Price to retrace back to 1463-1465 Demand Zone before we Long again.

ggm254

With the fotmation of the 'W' on a daily chart break above 0.99500 can give us a 700 points Profit on a Long position.

ggm254

SUPPORT ZONES AND RESISTANCE ZONES FOR USDCAD LONG TERM TRADES

ggm254

BUY AUDUSD Entry Price 0.67700 Take profit at 0.67900 Take profit at 0.68200 Take profit at 0.68530 Stop loss at 0.67103

ggm254

A close above 1521 then small move and a retest of the same level may open up 1530