oleomar

oleomar

Waiting for a confirmation to enter this trade Will update with entries TP and SL

oleomar

Prices are forming a rising wedge on the weekly time chart Prices have broken the bottom trend line of the rising wedge. Possible 2 scenarios are prices pullback to a descending trend line formed on the 4H chart then price fall to the 1.78000 support level The other scenario is prices fall directly to the 1.78 support zone WITHOUT a pullback to the trend...

oleomar Updated 

Major Resistance at Fib 0.5 level. Price would pull back to Fib 0.236 (Take profit 1) and might go all the way down to 0.6300 Would keep everyone updated

oleomar

Descending channel Take profit target is 1.24000

oleomar Updated 

- Weekly and daily close candle is an inverted hammer - Up rising trend on the weekly time frame

oleomar

Long term position

oleomar

Prices are in a downtrend My anticipation is that prices will continue to fall till minor support at 140.500

oleomar

Prices will do down and test the trend line then bounce back up

oleomar

Prices are in a downward direction My anticipation is the prices will continue to move toward till the minor support at 108.50

oleomar

Prices are currently in downfall Major Support at 1.6100 If prices continue to consolidate at the 1.65000 I am anticipated that prices will move up towards the 1.8000 level Also, the Stoch is in the overbought zone which is another indication that prices will reverse soon. However, If prices break the trend line and fall towards the major resistance level then...

oleomar

The GBP will continue to rise to the 1.3250 Resistance bar TP @ 1.3220 with a SL 1.3050 Risk Reward Ratio is 1:3

oleomar

Major Resistance at 115.000 Target 1 at 111.500 Target 2 at 108.500

oleomar

Market is in consolidation forming a symmetrical triangle with higher lows and lower highs Market Entry 113.100 Target one is at the minor resistance 114.00 If the price break the minor resistance at 114.400 we can witness an uptrend up to 118.00 Thanks,

oleomar

If the AUD breaks the trend line then there will be a major down for the AUD against the USD

oleomar

GUBUSD will continue to raise to the 1.3250