mcpeacocks

mcpeacocks

NZDJPY has been confined to a box and is skirting the top range of that box at the moment. shorting with small SL or go long after breakout and retest

mcpeacocks

Oil reached support level and - possibly supported by good news out of China w/r containment and treatment of the Corona Virus, and/or China Gov't stimulus - could be ready for a decent bounce here. Risk is fairly clearly defined and I have three targets set.

mcpeacocks Updated 

97 level previous support has already been broken now being tested, but cant close firmly above there is also the weekly uptrend bottom channel line (purple) - confluence restance. expect dollar weakness - ie EURUSD up, USDJPY down lower timeframe analysis shows trendline (green) broken

mcpeacocks Updated 

technically chart looking to be ready for a short - as a retracement or resumption of the long term down trend OR if this breaks a significant bullrun could continue risk is defined, so im placing my shorts

mcpeacocks Updated 

chart for details

mcpeacocks Updated 

see chart for details

mcpeacocks

see chart

mcpeacocks

have been away for a while and not charted anything 'properly' and came across a descending and expanding triangle on UJ that sparked my interest. people say this is a reversal pattern and i wanted to log/see the context and other signals we could read at this stage. the green 'up' arrows are generally the bullish signals, while the red 'down' arrows the more...

mcpeacocks

chart for details.

mcpeacocks Updated 

chart for details. weekly candle tried to break out to top side, but failed - resulting in weekly candle close indicating reversal is on the books aiming for confluence of the moving averages.

mcpeacocks Updated 

double top forming on daily chart and indications for overbought are forming correction, or reversal?

mcpeacocks Updated 

looking at two scenarios here. price action to determine what to do. Brexit resolution could make this to breakout quite violently to topside, or if that dissapoints, we may see this drop back down. only time and price action will tell. patience is key. note that the RSI and Stoch are showing signals over overbought, and that this may come down again, hard.

mcpeacocks Updated 

daijumm... what do we call this candle.... tombstone :rip: failed break and close about MA. shorting this and targeting 1.30 and 1.27xx with a trailing stop

mcpeacocks Updated 

shorting this here, purely based on what charts show - i see a trendline, moving averages, overbought conditions, and "sell high, buy low..."

mcpeacocks Updated 

this is reaching overbought and previous structure levels placing my orders for shorts here. 3 TPs. quite a generous SL good luck

mcpeacocks

see chart for details there is also a falling trendline as well as some moving averages

mcpeacocks Updated 

re-shorting here based on previous behaviour at this Moving Average and downtrend line above (stop above)

mcpeacocks Updated 

chart is pretty clear, this is the 8th time we are testing this area. already TP1 and 2 on previous trade and looking to re-enter. we may expect some drawdown, but continued political uncertainty should way on the pound. do keep an eye on upside break should BOE surprise and the global tradewar worries ease and equities (and yen) strengthen.