TevinW

TevinW

Look for break of channel If channel breaks, price to head to 820.45 zone

TevinW

EURUSD in bullish trend continuation May reach area surrounding upper trend line R:R - 1:1

TevinW

Gold looking to complete measured move from Jan-April 2018. MACD still showing buying pressure. Buy the pullback as price stalls at supply zone and ride price to 1350 - 1352 area. Risk/Reward - 1:2

TevinW Updated 

USDJPY price looking to complete 2 measured moves on leg up in daily bear flag. Expected to reach 109.700 and/or 109.900 before following daily bear trend.

TevinW Updated 

- watch price at 200 ema - 200 ema may act as resistance due to decrease in momentum at that area - price may reach 129.800 and pullback towards the mR1 before going up - if price breaks past the 200 ema and 129.800, buy to t1 - mR2 - breakout from R1 suggests price may continue to scale up after pullback from either the 200 ema or 129.800 price

TevinW Updated 

- completion of m pattern from the 12th OCT - decrease in sell pressure heading into major support - wait for reliable buy signal to trade to minor resistance as T1 - risk/reward: 1:2.35

TevinW Updated 

- peak low set on Tuesday - peak high set on Thursday after stop hunt from previous high on the 0.236 fib level that happened on Wed - m pattern on the high - take the short to the 50 fibonacci retracement level - risk/reward: 1:1

TevinW

- peak high formed from December to April - peak low formed from July to October - hold till price reaches 50 fibonacci retracement - stop loss placed below 23.6 fibonacci retracement - appropriate lot size extremely important for this - gold is pretty erratic and stop hunts are usually extreme - expect pullbacks in smaller time frames and especially once price...

TevinW Updated 

- 3rd level consolidation - multiple tests of the high - wait for sell entry signal * watch out for key news releases on Wednesday - t1: 0.98033 -> 50 ema - t2: 0.97416 -> 50 fibonacci retracement from start of cycle - t3: 0.97020 -> 50 fibonacci retracement from 21 sept low

TevinW Updated 

- peak of week high and low established - tp: 1.70311 - sl: 1.71756 - right time to take move would have been during the asian session but momentum is still evident - take profit expected to hit on Friday - risk/reward: 1.46 - pips gained: roughly 800

TevinW Updated 

- price rose to previous high and failed to break it - multiple touches - take trade to the 50 fibonacci retracement - SL: 7-10 pips above today's high - risk/reward: 1:6 - pips gained: 28 pips

TevinW Updated 

- Peak high of week formed with 3 touches to the high on Mon + previous spike on last week Friday - Low of week formed on Monday - T1: 50 EMA Pullback - T2: 50 Fibonacci Retracement - Risk/Reward: 1/2.5

TevinW Updated 

Peak high of week formed on Monday Buy trade to the 50 fib which coincides with 200 EMA Risk/Reward: 1:1 Pips gained: 14

TevinW

Sell Gold to 38.2 & 50 retracement

TevinW Updated 

Channel line represents key resistance area with pricing holding at that level. Possible scenarios: Target 1 represents 1.272 extension which coincides with lower pivot high Target 2 represent measured move break of prior trading range which also coincided with highest high S/L: Around 10 pips below wick of strongest bear candle @65.54 T/P: At pivot highs and...

TevinW Updated 

Target coincides with 1.618 extension levels from prior pivot highs, bottom line of bear trading range and measured move break from upper trading range. Risk/Reward = 1:3

TevinW Updated 

Watch for break below support level area @1.15452 & psychological area 1.16000 If confirmed: Next target would be 0.50 fibonacci retracement which coincides with measured move break of prior trading range Target area @1.2200 psyhcological area. S/L above prior bearish candle @1.6563 Risk/Reward 1:3 Target pips: 300+

TevinW Updated 

Resistance area confirmed by triangle bottom and upper trend line touch from prior pivot highs t1: 1.272 extension coincides with support zone from left of the chart t2: lower trend line coincides with July lows S/L above triangle zone Risk/Reward 1:2.8