leftis

leftis

This is what im looking at for this pair. Since last Tuesday price has rallied sharply to the upside. Yesterday it reached a descending trendline dating back in January and failed to break above it. What I am expecting is a short term continuation pattern and then a break out to the upside. Later today Fischer and Yelen will both give a speech. If we get a...

leftis Updated 

Yesterday price broke above a falling triangle. It seems that it struggles to move higher for the moment and it's about to correct lower from resistance zone. I'm buying when price reaches the first support zone.

leftis Updated 

Pair rejected the 1.07630 - 1.0750 level forming a bearish engulfing pattern in conjunction with a bearish RSI divergence. It also broke the latest bullish trend line. Took a short position with first target the 1.0740 - 1.0700 area.

leftis Updated 

The pair hit the 61,8% Fib Level from November's '16 high. I expect a small retracement (fib rejection and RSI divergence) back to 0.7516 - 7 level where there is a confluence of 38.2& Fib level of recent rally and pivot point from December's high. Moreover FXCM's negative Speculative Sentiment Index indicates further advance. Once this level is reached i will...

leftis

The pair advanced to break the bearish trendline but soon after rejected the 61.8% retracement from December's high & a twice tested pivot level. Plus there is a strong RSI divergence indicating the pair might move lower. S/L has been placed above the pivot level (it might retest it). Will move it to B/E if 1:1 is reached.