mywc

mywc Updated 

Lets wait and see

mywc

I see a double top and break of the bull channel. Looking to add more shorts. Goodluck!

mywc Updated 

Prices are bouncing off nicely at the 78.6% retracement. We're inside the cloud now, do not enter until it breaks. The AO is finally turning positive and the kumo cloud is turning green. All these are good signs, but again, wait for the break and enter. This could be the long we've been searching for!

mywc Updated 

Lets get back in.

mywc Updated 

Finally, could be the short we have all been looking for.

mywc Updated 

get in

mywc Updated 

Now we have broken the key level. Awesome job. Get in again after the pullback. Leave your comments and like if you agree, thank you!

mywc Updated 

NZD/USD has failed to break the critical level yesterday. The uptrend is still intact, becareful shorting the pair. However, with a potential double top and the uptrend losing its momentum, we will be on a lookout for a possible move to the downtrend . This could grab us some nice pips if it works out nicely. Please leave your comments so that we all can learn...

mywc Updated 

A potential big short for EUR/GBP , AO turning into negative territory. 200 MA breached

mywc

Be patient

mywc Updated 

getting in once we get a clear confirmation.

mywc

AUD/NZD buy after we close the week on a bullish candle. Inverted heads and shoulders and a break of a long downtrend.

mywc Updated 

The recent upward move seems to be losing momentum - justified by divergence on the RSI Explainations are in the chart. Expecting a break towards the downside and i will only sell after a breakout and consolidation to the downside. Hope this one plays out! Please leave any comments below and give a thumbs up if you agree. Thanks!

mywc Updated 

Reasons 1) Bearish hammer on 4h 2) Divergence in play with RSI and MACD 3) Price got rejected at key resistance level 1.141 Note: a) Taking half profit at trend line b) if prices break, taking the other half at 61.8%. If not, move to breakeven All the best for some quick pips. This is a short term trade.

mywc

NZD/USD remains bearish from my point of view. Recent uptrend line is broken. Prices have retested trendline once but failed to breakthrough. Sell on the breakout of the current consolidation. Give a like if you agree with my post (:

mywc

Here on the 4h chart we have: 1) a nice heads and shoulders set up with neckline below the trendline. 2) a good 61.8% retracement Took a short on this pair at 0.6660, still awaiting for prices to close below trendline for further shorts. TP at neckline. Lets hope this one plays out fine. Goodluck to everyone (:

mywc

A quick look at the weekly chart : NZD/USD looks ready for a big downward impulse after a few weeks of correction. Prices have started downward impulses at the top of the trend line. Downward trend remains strong on this pair. Shorts are recommended as long as trendline holds. READY FOR THE BIG FALL! Goodluck and all the best to everyone (:

mywc

Took this trade just minutes ago. i feel its a trade worth taking because of the following reasons: a) we have a clean break below trendline b) prices are responding strongly at the 0.786 level c) a potential double top has formed and should see this pair go southwards With the poor aussie employment data today, prices should go south from here. Will be watching...