patogarcia912

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About me I'm Pato Garcia, creator of a One-Man Band called Instrumentalism with over 100 covers in YouTube, started trading in April 2016, I closed my groceries store and now I'm a full-time forex learner.
Joined Mexico PatoGarci4
Is good to receive, but it feels even better when you can give and give without affecting your economy.
Markets Allocation
100 % forex
Top Mentioned Symbols
GBPAUD 54% | 13 NZDCAD 12% | 3 USDMXN 12% | 3 CADCHF 8% | 2
patogarcia912 patogarcia912 GBPAUD, 240,
GBPAUD: GbpAud consolidating after a great bullish movement.
36 2 4
GBPAUD, 240
GbpAud consolidating after a great bullish movement.

After its huge movement earlier today GbpAud has now gone into consolidation and might last there a few hours, its next movement? Perhaps... bearish.

patogarcia912 patogarcia912 GBPAUD, 240, Short ,
GBPAUD: GbpAud near MONTHLY resistance, it might go down.
43 0 4
GBPAUD, 240 Short
GbpAud near MONTHLY resistance, it might go down.

Ok this is just an idea, a big maybe based on what I see, and what I see is a montly resistance over there (RED LINE) which I seriously doubt that could be overpassed but... who knows, right? Let's just see what happen but I'm expecting a bounce here, other way to say it is: the sentiment is bearish.

patogarcia912 patogarcia912 GBPAUD, 240, Long ,
GBPAUD: GbpAud forecast seems bullish.
26 0 4
GBPAUD, 240 Long
GbpAud forecast seems bullish.

We haven't been this high since February, if it re-tests that previous support and it fails to overstep it then I'm going long.

patogarcia912 patogarcia912 GBPAUD, 240,
GBPAUD: Teacup formation GbpAud
25 0 4
GBPAUD, 240
Teacup formation GbpAud

Teacup already formed and the handle (downtrend) already broken, sorry for the bad drawing.

patogarcia912 patogarcia912 GBPAUD, 240,
GBPAUD: GbpAud at a support
43 4 4
GBPAUD, 240
GbpAud at a support

Look at that beauty.

patogarcia912 patogarcia912 GBPAUD, 240,
GBPAUD: GbpAud at a support point.
18 0 2
GBPAUD, 240
GbpAud at a support point.

Yes, we are in a downtrend channel but that support has been previously tested several times. So in order to make a decision I'll wait to see if the 4-hour candle closes bellow that support.

patogarcia912 patogarcia912 GBPAUD, 240,
GBPAUD: GbpAud struggling in support.
23 0 5
GBPAUD, 240
GbpAud struggling in support.

I am paying close attention to that support, if the 4-hour candle closes below it I will wait for a re-test to go bearish, but if it fails to surpass it then I'll take it as a bullish confirmation.

patogarcia912 patogarcia912 GBPAUD, 240,
GBPAUD: GbpAud hesitating near big support.
35 0 3
GBPAUD, 240
GbpAud hesitating near big support.

After suffering a great decline and lasting a few days consolidating GbpAud finally made some significant movements up, in my case, no operation will be open until knowing its next step since that support there has been quite strong in the last weeks, perhaps it'll retest it again and fail in which situacion I'd go for a sell, but if the 4 hour candle closes above ...

patogarcia912 patogarcia912 GBPAUD, 240, Long ,
GBPAUD: G.A. bullish sentiment
22 1 2
GBPAUD, 240 Long
G.A. bullish sentiment

So Gbp Aud just passed through that significant down trend and it is heading up, it wouldn't surprise me a re-test of the previous trendline but overall I think it is going up.

patogarcia912 patogarcia912 USDMXN, 240, Long ,
USDMXN: USDMXN will rocket up tomorrow with the government change in US
76 0 3
USDMXN, 240 Long
USDMXN will rocket up tomorrow with the government change in US

As we already saw in the previous debates and the day when the elections in the United States ended the Mexican peso suffers a lot in all that concerns to Donald Trump, the day he got elected this currency lost a lot of value against the USD. The same thing will happen tomorrow, this is a total bullish forecast.

patogarcia912 patogarcia912 GBPAUD, 240, Short ,
GBPAUD: GbpAud broke consolidation and went up, now it's time to go down
54 5 5
GBPAUD, 240 Short
GbpAud broke consolidation and went up, now it's time to go down

After days and days of going sideways GbpAud finally did something interesting and went abruptly bullish this morning, I have placed some sells in the belief that after an abrupt ascent comes a descent. Let me know what you think.

patogarcia912 patogarcia912 GBPAUD, 60, Long ,
GBPAUD: Viva la Resisstance!! GbpAud with high probability to bounce up.
31 0 1
GBPAUD, 60 Long
Viva la Resisstance!! GbpAud with high probability to bounce up.

I have a bullish sentiment on Gbp Aud, that resistance over there should hold for a while before sending it up. Let me know your thoughts.

patogarcia912 patogarcia912 GBPAUD, 60,
GBPAUD: GbpAud: After an abrupt ascent comes an abrupt descent.
31 0 2
GBPAUD, 60
GbpAud: After an abrupt ascent comes an abrupt descent.

Well look at that, buyers took profit on Fib 3.618 and seller came in pretty strong, right now it is hesitating at Fib 2.618 but I think it's probable that sellers take it way down to that previous trendline before it bounce again and continue with it ascent. Let me know what you think.

patogarcia912 patogarcia912 GBPAUD, 60, Long ,
GBPAUD: Probable bounce in GbpAud
24 0 3
GBPAUD, 60 Long
Probable bounce in GbpAud

GbpAud has already gone down a lot, but! That previous trendline down there coincide with the 50% Fib retracement so... I'm waiting for it to reach that point to hit with some buys, meanwhile I already sold it. Let me know what do you think.

patogarcia912 patogarcia912 NZDCAD, 15, Short ,
NZDCAD: No matter what NzdCad seems determined to go down
18 0 1
NZDCAD, 15 Short
No matter what NzdCad seems determined to go down

Long term talking I see NzdCad going down, it had several opportunities to break up that 3rd channel it just seems to prefer the bearish way.

patogarcia912 patogarcia912 NZDCAD, 15, Long ,
NZDCAD: NZDCAD well respected channel so far
12 0 0
NZDCAD, 15 Long
NZDCAD well respected channel so far

The image says it all.

patogarcia912 patogarcia912 NZDCAD, 15, Long ,
NZDCAD: NZDCAD seems bullish for scalping after hours of consolidation.
12 0 0
NZDCAD, 15 Long
NZDCAD seems bullish for scalping after hours of consolidation.

Here it goes after hours of not doing anything, look at the indicator bellow, I'm in for a LONG but not for too much (scalping). Let's see what happens.

patogarcia912 patogarcia912 EURUSD, 240,
EURUSD: EURUSD needs to confirm its' direction before making a decision
68 2 2
EURUSD, 240
EURUSD needs to confirm its' direction before making a decision

Ok so EURUSD already broke down that trendline, it almost re-tested it thrice, we can't say that's a double top because it passed through the trendline again and came back in, but I also see what could be a mini head and shoulders forming there. Since it already reached a .618 Fibs retracement... I would expect a BEARISH scenario, but I need it to confirm its' ...

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