emdeecole

emdeecole

hey guys!! how is the market treating you all this week? I have eyes on GBP/CAD pair. I suspect its gonna drop to 1.65300 region which appears to be a support zone since it has previously been tested twice on the daily timeframe. I anticipate a bullish reversal if it drops down to the 1.65300 support zone.

emdeecole

EUR/JPY pair looking like it's about to give us a head and shoulder formation. The left shoulder already formed at the 150.070 region, at the moment the right shoulder seems to be taking a queue at that same region. Being one who loves to take an entry on lower timeframe, I had spotted one on the 15mins timeframe (a pinbar, followed by a bearish engulfing...

emdeecole

The CAD/JPY pair seems to lack the pressure to break above the 103.600 resistance level. Taking a good look at the RSI indicator, its also failing to make a higher high to correspond with the movement of the price chart. so, price is at a resistance level and has slightly made a higher high, however the RSI has fail to make consistent move in line with price...

emdeecole

So the 153.200 support region couldn't hold.. And I couldn't find a pinbar followed by a bullish engulfing candle on a lower timeframe(15mins) which should indicate a reversal. However, the 152.800 region has provided support and on the lower timeframe(15mins), a pinbar followed by a bullish engulfing candle has appeared. This to me indicates a bullish reversal...

emdeecole

CHF/JPY reacting on the support level. if it drops back again to the 153.200 region, to enter a bullish trade, you may want to find an entry on the lower timeframe(15mins) chart where you would wait for pin-bar candle stick then followed by a green engulfing candle stick. that is what you should wait for before placing a buy on this pair if you intend goin...

emdeecole

Wait for a reversal signal at the 137.700... Region...

emdeecole

Watch out for a reverse at the 149.250 region.. Be patient and wait for the the reversal signal preferably on a lower time frame...

emdeecole

Anticipating a reversal at the 172.300 region and then I go short..

emdeecole

GBP/JPY is failing to break above a retest of the 167.000 resistance level. i had gone short at 166.800.. SL.. 167.100... TP..165.500

emdeecole

Eur/Jpy failing to make a new high at a resistance level. A head an shoulder pattern gradually taking shape.... going short at 147.700.. SL.. 148.000.. TP.146.400..

emdeecole

CHF/JPY playing out a head and shoulder formation on the 4H timeframe.. I have taken a short position and hanging on to it till it hits my TP. at 148.200..

emdeecole

On the 4H timeframe, usd/jpy has been on a bullish channel. But it is currently failing to make a new high, and if you look closely you would notice a possible head and shoulder formation. A chance to go short down to 133.600

emdeecole

A pullback is expected from the resistance level area.. going short on 1.35400.. down to a support region around 1.34200 SL at 1.35700..

emdeecole

AUD/JPY bouncing off the support level on the 4H timeframe... Meanwhile one could look for a signal to go long on the 15min timeframe..

emdeecole

EUR/AUD.. 15mins time frame.... Currently showing sign of weakness. It has had multiple weak rejections at the resistance level. Going short at the close of the bearish engulfing candle...

emdeecole

I anticipate a reversal from the 1.34100/1.34000 region, and then push all the way up to the 1.35500 region.. So, am going long from 1.34100/1.34000 region.