gibbsys

gibbsys

Trend: Longer term bearish Structure: Buy/Sell zone Plan: We look for price to bounce off of the resistance/support zone and continue its longer term bearish move. Again before entry we would like to see a solid respect of resistance zone.

gibbsys

Trend: Long term Bearish Structure: Support and Resistance / Buy & Sell Zones. Plan: We look for price to respect the upper resistance zone and make a move to the downside. There is some multi timeframe analysis with this trade as MACD on the 4hr chart looks like it will confirm to the downside. TP is at 0.5Fib level

gibbsys

Trend: Bullish Structure: Support and Resistance Plan: We look for a minor pullback towards support levels before taking a long to 0.5 Fib level.

gibbsys

Trend: Bearish Structure: Support and resistance Plan: We had a similar trade to this a few days ago. The same setup has appeared again presenting a short opportunity. Use good risk management on this as price has some what made higher lows, however price appears to still be respecting the upper resistance level.

gibbsys

Trend: Long term bearish Structure: Support and resistance / trend line Plan: NZDJPY has been in a bearish trend for a while, it has now formed a period of range and resistance. Price has hit an upper trend line suggesting a short trade. Please wait for MACD to confirm before entry as there is another level of resistance slightly higher that price could test.

gibbsys

Trend: Bearish to Ranging Structure: Support and resistance Plan: We would need price to move slightly higher if we were to enter this trade. However price has tested resistance a number of times now and another restest would lead to a nice short setup. MACD confirmation before entry as a move higher is highly possible,

gibbsys

Trend: Long term bearish Structure: Support and resistance Plan: We have seen EURJPY breakout off the bearish trend and retest a point of support multiple times. We can expect price to bounce off of the lower support level and move to previous highs. MACD looks as if it may confirm, do not enter if it has not.

gibbsys

Trend: Long term bearish, Short term bullish Structure: Support and resistance along with an upper trend line. Plan: We have seen a huge move to the upside in AUD pairs, hence why this retracement trade is risky and before entry we must wait for MACD and MFI confirmation. However we expect price to bounce off of the upper resistance level and retrace to...

gibbsys

Trend: Bullish Short Term Structure: Support and Resistance Plan: We look for price to bounce off of the lower support level and continue its bullish move higher. There is also a higher level of resistance that can act as TP if it breaks through the first level.

gibbsys

Trend: Ranging Structure: Flag pattern, Horizontal Channel Plan: CHFJPY has formed a flag pattern with price trading within a horizontal range for the last month. While this is a long term play we look to take a short at previous highs and trade it down to 0.5 fib level or previous lows. MACD looks as if it is going to confirm soon. Please wait for this before entry

gibbsys

Trend: Bearish, longer term Structure: Support and Resistance Plan: Price has been confirming an upper trend line and has most recently on the one hour timeframe formed a lower low suggesting bear power. We now look to take a short from the upper resistance line down to either previous lows or lower resistance Price for the last week hours has been in an up...

gibbsys

Trend: Long term bullish Structure: Head and shoulders / Support and resistance. Plan: This is similar to my previous CADJPY idea by that it is slightly similar to a head and shoulders pattern, but can also be interpreted as a support and resistance play. We look for price to bounce off of the upper resistance level and move to previous low. MACD confirmed...

gibbsys

Trend: Long term bearish Structure: Support and resistance / head and shoulders pattern Plan: We have been monitoring CADJPY for a while now, price has broken out of the support and resistance zone and is now testing the support level. We look for price to bounce to previous highs. Confirmed by the test of support and MACD confirmation. With the bearish nature...

gibbsys

Trend: Bearish in the short term Structure: Wedge parttern Plan: It appears that a wedge pattern is forming, price has tested the upper trend line multiple times and we now look at the latest bounce as a potential short to 0.5Fib level.

gibbsys

Trend: Bearish Structure: Support and resistance / Lower lows Plan: We look for a continuation of the bearish trend. Price has bounce off previous higher lows (resistance) and has made a lower low, this along with MACD confirmation suggest a continuation of bearish trend

gibbsys

Trend: Bearish Structure: Breakout, retest and potential bounce off of support Plan: We look for price to come down to the support level and bounce off towards the upside. We look for strong confirmation before entry as the prevailing trend has been bearish.

gibbsys

Trend: Longer term Bullish Structure: Support and resistance Plan: EUR AUD has bounced off a support level. If price pulls back slightly it should be a perfect entry point. TP at 0.5 Fib level or aggressive TP at previous high.

gibbsys

Trend: Bearish Structure: Triangle / Trendline and Horizontal resistance Plan: We await MACD confirmation is this trade could go both ways. However judging by the bearish trend I would expect a continuation and a bounce of the upper trend line. Price should then move to the lower resistance level, continue the formation of the triangle or breakout even...