nicktarver144

nicktarver144 Updated 

Hoping for a major Pound sell although it may not come just yet. Bollinger bands are still dilating and could be pointing to further movement in the same direction which would be downwards along with pointing at a breakout. Also being patient with this pair although a sell stop is in place in case I miss the big move.

nicktarver144

Today the Euro is poised to continue downwards a little further although the reversal has not been confirmed yet by any means. Stochastic divergence in extreme oversold position is pointing me further downwards. Maybe this is the start of the reversal but maybe not.

nicktarver144

USDJPY seems to be finally breaking out of the channel it has been in. A possible last kiss could ensue confirming the large breakout if price retraces and touches the channel to then head back downwards. Price could also simply continue downwards. The bollinger bands are pointing to the latter. And finally price could also bounce back up to remain in the channel...

nicktarver144 Updated 

Uj has been pointing towards this with the harmonic/M pattern for about a year and could finally come through. mostly based off of stochastic continuation pattern which hasnt failed me yet but i havent tested it meticulously so it could fail me... although structure also points downward so thats added confirmation. Id say 65% sure maybe less. small loss if im...

nicktarver144

Based mostly on the bollinger squeeze and dilation which points to breakout and the direction is most likely downwards. ascending wedge which more often than not points to downward break. price is moving down at this time although trend is still up which is cause for wearysome.

nicktarver144 Updated 

Fibonacci, indicators, support levels all lining up and pointing to a long.

nicktarver144 Updated 

Stochastic and structure is bunching up at the top of the Flag/wedge which could be signalling a possible continuation. Bands on TDI are also tight which normally precedes a breakout. A buy stop is put in place.. nothing is sure now but something to watch for.

nicktarver144 Updated 

Forming a flag im betting on a breakout downward. Stochastic tight along with tDI tight bands indicating breakout.

nicktarver144 Updated 

Price is converging at a 61.8 fib level and a major support zone. Tight bands make this trade a bit more risky. Buy stop.

nicktarver144

Seems to be respecting trendline. might shoot downard to the bottom of the channel. Also a chance it could retrace off the red Support zone and breakout past the channel upwards.. less likely although possible. TDI is pointing to the latter.. Either way the general direction of this pair is upward for now.

nicktarver144

possible reversal based on long term structure . taking it slow and waiting for more confirmation at this point.

nicktarver144

strictly based off past and possible structure. not much else to it.

nicktarver144 Updated 

Bands on TDI are very low along with Stoch. Price is at the bottom of the channel and at a support level on top of a printed W formation. Convergence = Better Odds

nicktarver144 Updated 

Indications pointing to reversal

nicktarver144

161 extension level points to possible reversal although TDI bollinger bands have just contracted and are expanding normally signalling A Breakout

nicktarver144 Updated 

Head and shoulders at resistance.could retrace before drop

nicktarver144 Updated 

Possible and likely continuation downward from lower tf stochastic.

nicktarver144 Updated 

GJ has broken out of its channel and could very possibly drop back down and touch the channel one last time for a huge breakout. The top of the channel also correlates with a 38.2 fib level or 50 depending how you draw it.