jbourgault

jbourgault

142.5 might be a good resistance level to enter short (0.5 fib level retracement, previous S/R level, psychological level).

jbourgault Updated 

The GBPUSD pair has a lot of potential on the buy side. However, I'll be looking for a flag. And will starting looking for a buy on a bounce at the 50% fib level. Entry: 1.22 Stop: 1.1975 Target: 1.3 R/R: 3.5/1

jbourgault Updated 

BTC has now reached the all time high at 1160 and started to pullback. That helped a lot ETH and XMR moving back up. However regarding XMR, I would be carefull not to buy the top and instead wait for a proper retracement to take place before back long. The good news is that there is a lot of well-defined support zone for us to trade. The first long entry I would...

jbourgault Updated 

I was looking into a good retracement on the last daily pullback. I think we now got it if we look at minor timeframes (double tops, bottom trend line breakout). By the way, I'm short AUD on almost every pairs. Entry: market (86.90) Stop: 87.7 (abore previous high) Breakeven: when price breakout from the bottom trend line of the current corrective...

jbourgault Updated 

I'm waiting for the retracement to complete. Then I'll go long on this one for a major bull run. Entry #1: market Entry #2: 1.6205 (support zone) Stop loss : 1.6 Target : 1.8

jbourgault Updated 

Same thing as GABPAUD, price for this pair retraced to previous support zone and bounced. I'm entering long for a long term trade on this pair. Entry: 1.706 (or market) Stop: 1.68 Target: couple pips below 2

jbourgault Updated 

There is good support at the 1.0 level. And now, price has breakout from the previous trend line. Seems like a good time to go long. Entry: market Stop: 0.994 (below previous major support at 0.995) Target: 1.045

jbourgault

There is an almost perfect channel on XAUUSD. I'm waiting for a bottom breakout. Then I'll start looking for a clear reversal pattern and go short.

jbourgault

Price has reached the 78.6% fib retracement level which match with previous support. Let's see if it hold and if the price breakout trought the top trend line. And then (and only then), I'll start monitoring for a pullback to buy on support.

jbourgault

There is good resistance coming up for this pair and an AB=CD pattern completion might be in the cards. If so, I might go for a quick short down to the 1.002 level.

jbourgault Updated 

Price has retraced to the 0.5 level and then clearly reverted back within the channel with a pin bar. I expect the price to go down to the previous high (or a bit lower), jump back up to resistance (neck line + long time resistance + top of the channel) then go for a huge run down. Entry: 0.8712 Stop: 0.8785 (above previous high) Target: <0.75 R/R: 16/1

jbourgault Updated 

This pair has now reached the 0.618 fib retracmeent level + we have a double top. Seems like a good level to enter short. Entry: market Stop: 0.7391 (above current double top) Breakeven: 0.7280 Target: 0.7070 (-27% fib retracement level or when USD is starting to correct...check USDOLLAR + DXY)

jbourgault Updated 

Quite a simple trade : price retested the previous high before reverting back down and breaking the bottom trend line. Entry: market Stop: 16.71 (previous high) Breakeven: 16.33 (current range bottom in case the price is jumping back up) Target: 15.25 (78.6% fib retracement on the daily chart) R/R: 10/1

jbourgault

We have a trend line breakout to the upside. Wait for retracement to previous support then go long.

jbourgault

I'm looking into shorting this pair. Price is approaching a nice resistance level. Let's see it reverses at around 0.8720. If yes, I'll wait for the price structure to show a reversal pattern then short.

jbourgault Updated 

This pair has a lots of potential on the short side and the 117.2 seems like a very good price level to enter. Entry: 117.2 (neck line, 0.618 fib retracement) Stop: 118.7 (above the double top) Target #1: 114.9 (support zone) Target #2: 111.5 (support zone)

jbourgault Updated 

Just like all other main cryptos (ETC, XRM, ..), alts are now moving up. For DASH, I would wait for the price to return to previous LH (Lower High) at 0.0135 OR previous neck line at 0.0111 then go long. Entry #1: 0.0135 Stop: 0.0095 (level previous low) Target: 0.02 (0.618 fib retracement level) Entry #2: 0.0111 Stop: 0.0095 (level previous low) Target: 0.02...

jbourgault

The USD is currently correcting. However, when things will turn around, both the EUR and GBP are good candidates to ride the next USD bull run. For the GBP, I'll be looking to enter short when the price reach the 1.255 zone. This zone is matching the 0.618 retracement level + previous neck line + top trend line. Entry: 1.2550 Stop: 1.2688 (above the next fib...