locarlo

locarlo

Hopefully this will transition in a Good Uptrend Continuation ✔✔✔

locarlo

Gold enter the Distribution Phase, there is a presence of price exhaustion which cause the inability of the price to break the higher high . Reason of Short Trafe 1.Price Reversal Pattern is expose, Head and Shoulder Pattern combine with Double Top 2. Bigger Swing that indicates price exhaustion and finally revealing the end of the Trend. 3. Break of Support and...

locarlo

Basic Resistance Play for GRXEUR. Strong Selling @ 13600 Level

locarlo

If this one Breaks and Close below 89200 Level. We might see a reversal rally to the downside.

locarlo

Short Trade for XAGUSD

locarlo

We are expecting a reversal on NZDCAD with the current price action ongoing. Price struggles to break the 92200 resistance forming a conclusive double top while the RSI signals a bearish divergence. Still Waiting for a Momentun to the downside for us enter a Short Trade.

locarlo

GBPCAD bounce from a Major Level of Daily Structure around 1.72400. This is a good oppurtunity to a Short Trade at a Lower Time frame preferably at the 4 hour time frame where you can see a break of structure. Also RSI showing a valid Trend line Resistance.

locarlo Updated 

NZDCAD breaking out the 86810 level which confirms the possibilty of a reversal. Price Actions forms a Head and Sholuder pattern while RSI having a bullish momentum together a MACD zero breakout. Trade at your own Risk.

locarlo

Price retest the previous major level of structure at 0.99740 - Price did not retrace deeper considering 1.00500 is a major level of resistance. This means buyers are in control and seller cannot push the price lower anymore. This will give us a better opportunity of a Long Trade for USDCHF

locarlo

A Rejection Candle that signify that buyers cannot push the price higher for a possible reversal scenario. We can look for a possible short trade in the lower time frame, specifically in the 1 hour time frame. This will push the price back to the major level of daily structure around 0.65180.

locarlo

Looking for a possible long trade at the lower timeframe. a break and close above the 113.200 level will be our entry trigger for this set-up.

locarlo

EURAUD reversal confirm after breaking and close 1.60200 level.

locarlo

Just Chart :)

locarlo

We want to see the price close above 71200. Might be a difficult reversal for AUDCHF because alot of Resistance along the way.

locarlo

A Possibility of Reversal

locarlo

GBPUSD Bullish Bias. Waiting for this Currency Pair to Breakout.

locarlo

Two Possible Scenario for EURAUD. A Short Term Ascending Triangle is forming near the 163400 Resistance which is a sign of strength to the upside. while on the downside there is possibility of double top formation. We try to wait for the rignt entry and confirmation. I am still bullish on EURAUD

locarlo

XAUSUSD Analysis for the Week. Wait for Entry