jhovank123

jhovank123 Updated 

Looking like a nice break re test continuation pattern. As last week, price has broken my weekly trendline and is now testing the same trendline as well as weekly pivot

jhovank123

Currently price is hovering below my daily .382 fib level but above my daily pivot level. Hoping for a break . retest, continuation of that fib level for a signal to buy. Price is also well above both 50 and 200 SMA, which shows a strong bullish trend. This adds more confluence to this trade idea.

jhovank123 Updated 

Price is currently hovering above my daily 38.2% fib level. I will be hoping for a close above this level for a good opportunity to long this pair. If not then price could drop to my daily pivot ultimately giving me a better price to long this pair. AUD cash rate and Rate statement that was released yesterday caused AUD to rally. Giving this pair a bullish...

jhovank123 Updated 

Price has rejected my daily trend-line and is now approaching my weekly and daily pivot level. Fundamentally AUD is bullish NZD rate decision at 10pm later on tonight. A cut in interest rates will further support this trade.

jhovank123 Updated 

Price has rejected my daily trendline and is hovering below my daily R1 level If price pulls back to 0.94479 which is also a weekly pivot level during the London session. I will be looking for an opportunity to short this pair. AUD GDP q/q was released at 2:30am and beat the estimate, which set bullish tone for AUD

jhovank123 Updated 

Currently waiting for a pullback on this pair to the 0.72540 area which is also a daily pivot level, during the London session.

jhovank123 Updated 

Price rejected my weekly 23.6% fib level for pretty much the whole day and is now closing below my daily pivot level AUD GDP release in 15mins. Will hopefully produce a negative figure, which supports my trade.

jhovank123

Price is approaching my sell zone, currently rejecting the bottom of said zone which is daily R1 pivot level Will be looking for a sell signal

jhovank123

Currently price is hovering below my 23.6 daily fib level and trendline. Waiting for a close below daily pivot at around 161.639 for a signal to short this pair. GBP Gross Domestic Product (GDP) YoY was release earlier today and return a negative result: 2.0% vs 2.1% forecast. which is the first negative release since January. This further supports by short bias.

jhovank123

US crude oil inventories data which was released yesterday fell to -4.2M barrels which caused oil to rally up to $49.6/bbl and break my resistance at $49.1 and my daily pivot. I anticipate either a drop back down to that daily pivot level or the resistance turned support for an opportunity to long all the way up to $60/bbl.

jhovank123

As seen on the chart, price opened above my 50% fib level. I think the bullish trend will continue Yesteday a positive Brexit poll gave GBP some strength. This supports my long trade idea.

jhovank123

Price is currently hovering below my weekly pivot point as well as a my trend line A close below these levels on the 4 hour in about 15mins should provide an entry

jhovank123

Price is currently testing my 0.618 fib level which has been placed on the daily chart. If price manages to break this level (which i think it would), I anticipate a rejection of my weekly pivot which would provide a second entry should price go back down to 48.47. Fundamentally my bias on this pair is bullish all the way.

jhovank123

Price rejected my 0.382 fib level as well as a weekly pivot.

jhovank123 Updated 

Price is currently on my 50% fib level A close below on the 4hr may create and opportunity to open a swing short positon

jhovank123

I dont really use ichimoku but it adds alot of confluence especially on JPY related pairs. Currently price on the daily chart is just below the kumo cloud and slightly above a pivot level. A close below both on the daily will provide a great short opportunity. Even thought the GBP news release at 12pm (UK) caused GBP to rally I expect a retracement to take...

jhovank123 Updated 

Price rejected my long term trend line as well a pivot level. A close below my 0.382 fib level provide a nice short to my long term 0.618 fib level

jhovank123

Price is currently on a cliff at the moment. A break and close on the S1 pivot will provide a great opportunity. A bullish JPY also supports this trade