spursvestor

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About me Chemical Engineer who is trying his hand at making money from the exchange of money
Joined
Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 33% | 1 USDJPY 33% | 1 USDCAD 33% | 1
spursvestor spursvestor USDCAD, D, Long
USDCAD: USDCAD Head and Shoulders
179 4 1
USDCAD, D Long
USDCAD Head and Shoulders

The right shoulder is being formed, this confirmed by volume jump. Its final peak can be estimated at half the distance of the head from the bottom resistance line. A safe zone for a sell is 1.34085 if you buy now at 1.32609. Ultimately this can be a short if you go into to july with the trade right now it is a buy until the peak is complete. Long until mid April ...

spursvestor spursvestor USDJPY, 240, Long
USDJPY: USDJPY LONG
140 0 5
USDJPY, 240 Long
USDJPY LONG

three defined bottoms.

spursvestor spursvestor EURUSD, 240, Short
EURUSD: EURUSD SHORT DOUBLE TOP
147 3 5
EURUSD, 240 Short
EURUSD SHORT DOUBLE TOP

Two exact tops have been formed and both break outs were confirmed with high volume. Resistance is being seen at both peaks.

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