swingtradingthemarkets

swingtradingthemarkets

CADJPY brk from the descending wedge this morning will have a potential opportunity to the 96.10 then to the 95.90/ A pullback (or sq up) to the 96.65-70 before another break out to the bottom would be really nice. #forextradingzones #fxtradingzones #carlosmolina IMPORTANT DISCLAIMER: These comments are for information purposes only. Opinions, market data, and...

swingtradingthemarkets

Daily chart inside a wedge at the moment. Waiting for the break of the wedge to the top. A pullback to the 0.618 Fib will be interesting for us to take the bounce. On our radar for the following weeks. See more at www.forextradingzones.com #forextradingzones #fxtradingzones #carlosmolina IMPORTANT DISCLAIMER: These comments are for information purposes only....

swingtradingthemarkets

Just like we anticipated the move from yesterday gave us the 60 pips to the top of the channel. Now, we'll be looking for the square up and continuation to the 1.5400 or the move to the downside once they break the 1.5300 - Both scenarios are here in the chart. === best trading to you guys... #forextradingzones #fxtradingzones #carlosmolina IMPORTANT...

swingtradingthemarkets

Waiting for the completion of the 4th wave and looking at the whole structure – WAITING FOR THE HIGHER PROBABILITY TRADE — ALWAYS. The structure is telling us they need to do an A-B-C, the question is –Will they do it? Or are they going to do a complete square up to the 1.53600 THEN give us the sell to the 5th wave. Let's wait for the higher probability trade....

swingtradingthemarkets

USDJPY currently at 102.43 We’ll be waiting for the completion of the C wave to the downside (where we have some support at the 102.20-102.30) BEFORE we take the bounce to the top once again. #forextradingzones #fxtradingzones #carlosmolina IMPORTANT DISCLAIMER: These comments are for information purposes only. Opinions, market data, and recommendations are...

swingtradingthemarkets

EURNZD currently @1.5540 Currently inside a wedge and waiting for the direction out of it. Remember tomorrow Wednesday we have some NZDUSD fundie news, so be aware of that before trading. For both trades, we need confirmation after the break to see the continuation. Make sure to use the 60-min chart to see the correct entry for both LONG and SHORT trades

swingtradingthemarkets

EURAUD currently @1.4417 - not doing much yet. Currently inside a big wedge in the 240 min chart and waiting for direction out of it. But if you look at the EURAUD 60-min chart, we are inside an ascending wedge with a potential 30-35 pips once we break out of it and continuation to the top 1.4460-80 levels. Both potential trades would be as follow: LONG ENTRY...

swingtradingthemarkets

AUDNZD currently @1.0789 giving us a head & shoulder pattern right at the top of our Channel for a potential square up of the move from last week. Let's wait to see if they will violate the H&S by going higher, If not take the short below the neckline @1.0770 - or even before the break at the current level of 1.0790 ENTRY: SHORT @1.0770 STOP 1.0800 TARGET...

swingtradingthemarkets

EURUSD Currently @1.3520 inside a wedge and developing an Inverse Head & Shoulders. Waiting for a bounce of at least 20-30 pips from the current levels to the 1.3540-60. Take in consideration we have a past support of 1.3475-85 level, so place your trend lines and take the break (counter trend) once we get the move to the upside. Get your entry by going to the...

swingtradingthemarkets

Currently the CHFJPY is at 112.73. CHFJPY setting up for a nice 25-50 pips to the upside. Structure says, we'll be looking for the 4th wave completion to the top of the current channel. Once we break out of the current falling wedge, we will have 2 targets @113.05 and 113.25-40 level. Next week, we'll be waiting for the move out of the CHF once they reach the...

swingtradingthemarkets

Currently @113.14, the CHFJPY is getting close to a potential bounce. The pair is inside a BIG BOX, going from Top to Bottom .... if we bounce, we will be stopping at a potential PSR (Past Support/Resistance level, for more info on this, visit www.forextradingzones.com). The past support @113.50 and 113.60 are our potential targets. IMPORTANT...

swingtradingthemarkets

EURUSD currently @1.3522, after the completion of our D extension now we will wait for a bounce of at least 1.3560. Take in consideration we have a past support of 1.3475-85 level. If we take a LONG TRADE now, we might have to be under water by 20-25 pips. So, go to the 60(min) chart and 10 (min), place your trend lines and take the counter trend to 1.3550-60...

swingtradingthemarkets

Cable currently @1.7065, and we are waiting for the potential move to the downside @1.7010 --- If not be aware of the move to the top of the bull flag and the break to the upside potential of 1.7170. Best way to trade it, an O-C-O order. IMPORTANT DISCLAIMER: These comments are for information purposes only. Opinions, market data, and recommendations are subject...

swingtradingthemarkets

NZDJPY currently @89.50 with some resistance 89.50-55 level. Head & Shoulder pattern, if they don't go over the 89.80 WE ARE GOING TO THE DOWNSIDE -- potential targets 89.20 AND 89.00

swingtradingthemarkets

GBPJPY currently @173.43 getting close to break of the bear flag - This will be a continuation to the 173.00 and then the 172.70 Fib extension. Get your entry by going to the 60 min chart - and confirmation out of the 10-min. Always trade with price action and never trade without stops. IMPORTANT DISCLAIMER: These comments are for information purposes only....

swingtradingthemarkets

EURGBP currently at 0.7971 with a nice potential short above 0.7980-90 level. Strong resistance at the 0.8000 - IMPORTANT DISCLAIMER: These comments are for information purposes only. Opinions, market data, and recommendations are subject to change at any time. Forex trading involves substantial risk of loss and is not suitable for all investors. Do not trade...

swingtradingthemarkets

AUDUSD currently at 0.9395, with a potential break of the flag below 0.9380 we can get a target of 0.9340-20 area, IMPORTANT DISCLAIMER: These comments are for information purposes only. Opinions, market data, and recommendations are subject to change at any time. Forex trading involves substantial risk of loss and is not suitable for all investors. Do not trade...

swingtradingthemarkets

NZDJPY currently @89.28 with some late week resistance shown yesterday and Thursday at the 89.40-50 level. Now we are inside this wedge and waiting for the break to take the correction to the 88.70 level. Trading the 60-min chart for our entries, we can see how we are inside a triangle and waiting for direction as well. Going into next week, be ready to take...