joelduque

joelduque Updated 

There is a possible bullish bat for USDCAD. Upon D completion at 1.23472 (88.6 of XA) and confirmation of the bullish bias, I will go long. Stop loss is just below point X. The take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg AD and point A. Tentative details are as follows: Trade Setup: Possible Bullish Bat Price Entry...

joelduque Updated 

There is a possible bearish cypher for GBPAUD. Upon D completion at 1.78145 (78.6 of XC) and confirmation of the bearish bias, I will go short. Take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg CD. The stop loss has the same number of pips as TP1 by default. Tentative details are as follows: Trade Setup: Possible Bearish...

joelduque Updated 

There is a possible bearish bat for EURJPY. Upon D completion at 130.584 (88.6 of XA) and confirmation of the bearish bias, I will go short. Stop loss is just above point X. The take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg AD and point A. Tentative details are as follows: Trade Setup: Possible Bearish Bat Price Entry...

joelduque Updated 

EURCAD has been on a uptrend. The bulls have been more aggressive than than the bears leading to the formation of an ascending triangle. I am waiting for a candlestick to break and close above the horizontal resistance at 1.53450. Thereafter, I will place a buy limit at that level, expecting it to hold upon retest. The stop loss and take profit target are both...

joelduque Updated 

There is a possible bullish bat for EURCAD. Upon D completion at 1.52219 (88.6 of XA) and confirmation of the bullish bias, I will go long. Stop loss is just below point X. The take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg AD and point A. Tentative details are as follows: Trade Setup: Possible Bullish Bat Price Entry...

joelduque Updated 

There is a possible bullish Gartley for NZDCAD. Upon D completion at 0.91024 (78.6 of XA) and confirmation of the bullish bias, I will go long. Take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg AD and point A. The stop loss has the same number of pips as TP1 by default. Tentative details are as follows: Trade Setup: Possible...

joelduque Updated 

There is a possible bearish cypher for GBPCAD. Upon D completion at 1.74575 (78.6 of XC) and confirmation of the bearish bias, I will go short. Take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg CD. The stop loss has the same number of pips as TP1 by default. Tentative details are as follows: Trade Setup: Possible Bearish...

joelduque Updated 

GBPAUD is on a recent uptrend. There is a double bottom with a break of the neckline and formation of a new swing high. As such, I am placing a buy limit at 1.75774 which is the 61.8 Fibonacci retracement from the right bottom to the swing high. Stop loss is just below the lower (left) bottom. The take profit target is at the swing high. I will cancel the pending...

joelduque Updated 

There is a possible bearish Gartley for USDJPY. Upon D completion at 110.694 (78.6 of XA) and confirmation of the bearish bias, I will go short. Take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg AD and point A. The stop loss has the same number of pips as TP1 by default. Tentative details are as follows: Trade Setup: Possible...

joelduque Updated 

A valid double bottom setup has formed at the at the H1 timeframe. The bodies of the candlesticks of the right bottom are higher than the bodies of the candlesticks of the left bottom. There was a broken neckline (around 147.760) which tells us that the bulls overpowered the bears at that significant level. Thus, I am looking for a conservative buy opportunity at...

joelduque Updated 

There is still a descending triangle for GBPNZD. This is actually an update of a previous idea (). To better reflect the recent bounce, I am adjusting the horizontal support from 1.92730 to 1.92770. I plan to sell once there is a candle breaking and closing below this level as my confirmation of the bearish bias. If the close is significantly lower than 1.92770,...

joelduque Updated 

EURUSD has been on an uptrend. There is a double bottom with a broken neckline and new swing high. As I am expecting the uptrend to continue, I am placing a buy limit at 1.17240 which is the 61.8 Fibonacci retracement from the right bottom to the swing high. Stop loss is just below the lower (left) bottom. The take profit target is at the recent swing high. The...

joelduque Updated 

There is a possible bearish cypher for AUDCHF. Upon D completion at 0.75429 (78.6 of XC) and confirmation of a bearish bias, I will go short. Take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg CD. The stop loss has the same number of pips as TP1 by default. Tentative details are as follows: Trade Setup: Possible Bearish...

joelduque Updated 

The bulls have been more aggressive than the bears leading to the formation of an ascending triangle for EURCHF. I am waiting for a candlestick to break and close above the horizontal resistance of 1.15680. Thereafter, I will place a buy limit at that level. The stop loss and take profit target are both based on ATR x 2. Tentative details are as follows: Trade...

joelduque Updated 

There is a bullish Gartley for GBPSEK. The bullish bias is based on a green candlestick completely engulfing the previous 4 candles. Today's Services PMI report (GBP) is favorable (actual 54.0; forecast 52.9; and previous 52.8). I am placing a buy limit at 11.6660 (78.6 of XA). The take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of...

joelduque Updated 

There is a possible bullish bat for AUDUSD. Upon D completion at 0.76041 (88.6 of XA) and confirmation of the bullish bias, I will go long. Stop loss is just below point X. The take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg AD and point A. Tentative details are as follows: Trade Setup: Possible Bullish Bat Price Entry...

joelduque Updated 

USDCHF has been on a downtrend. The bears have been more aggressive than than the bulls leading to the formation of a descending triangle. There has been a break and close below the horizontal support at 0.98383. I am placing a sell limit at that level, expecting it to hold upon retest. The stop loss and take profit target are both based on ATR x 2. I will...

joelduque Updated 

There is a possible bullish Gartley for GBPNZD. Upon D completion at 1.89589 (78.6 of XA) and confirmation of the bullish bias, I will go long. Take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg AD and point A. The stop loss has the same number of pips as TP1 by default. Tentative details are as follows: Trade Setup: Possible...