Trading when big news is about to be released is something quite frightening for some traders. But when your technical analysis is crystal clear you may want to join the market and wait for the news to push price your direction. In a few hours we have NFP and in EURUSD 4h chart we have a bullish Gartley completion at a key support level. The price has retraced a...
In this video we highlight a pending bullish gartley harmonic pattern which may complete at a key support level created by active slope trendline into the structure. Feel free to like, comment and share your thoughts, John
AFTER THE PPI NEWS- GOOD ENTRY FOR A SHORT POSITION. I BELIEVE IT WILL GO DOWN TILL THE LEVEL 1.1680
I will post a series of post with median line analysis in most of the pairs, analyzing the higher timeframes to see where we stand and what to wait for in the upcoming week. In my first post in EURUSD what we may see looking at the daily chart is that price is clearly in an uptrend and has reached the sliding parallel of the upsloping median line set where...
Hi guys, The recent EURUSD trade idea posted are conflicted, but most agree on the longer term trend (up). If you are using my tools, there are a few easy ways to find trade entries. Today we want to find a Bullish entry, but we won't get another Trend Signal alert. However, Trend Signal is still confirming a Bullish trend. Our best way to find an entry is to use...
EURUSD 4H Resistance: 1064000 -1065000 Support: 1.058000 - 1.054000 - 1051000 This is not investment advice
EURUSD completed fives downside according to updated count of Last Friday. My EURUSD forecast for 13 February 2017 is neutral. My Elliott wave count suggests that this up move is corrective. I am looking for the completion of 3 corrective waves or any corrective structure. I am looking to sell EURUSd around the resistance area of 1.0690-1.0729. My medium target...
4H Long Resistance:105500 -106000 This is not investment advice
The results of the italian referendum caused a massive drop of price, which broke below the corrective structure it was moving and what we now see is that it is in a pullback testing the broken uptrend (the lower bond of the correction). We might have a couple of ups and downs till price reaches the upper parallel of the new median line set i have draw where we...
Eur Usd 4H Resistance : 1.12345 - 1.2450 - 1.2750 Support: 1.12145 - 1.1950 - 1.1850 - 1.1750 This is not investment advice
Resistance : 1.1260-1.1280 -1.1290 Support: 1.1260 - 1.1240 -.1.1220This is not investment advice
+++ Don't forget to LIKE & Follow+++I have lots on my radar - I want to share with you a potential Bearish Bat Formation on 1H, EURUSD. On higher time frame you can EURUSD is in a bearish trend, and thanks to the Brexit event the trend is confirmed - so you can use the Bat Formation as an entry reason for hopping on the bearish trend. I shoot for conventional 1st...
EURUSD SEEMS TO HAVE BROKEN THROUGH IMPORTANT DAILY SUPPORT AT 1.11200 INDICATING WEAKNESS ALSO LOOKS TO BE BREAKING ITS ASCENDING CHANNEL! DOLLAR INDEX LOOKS STRONG WITH YELLEN INDICATING RATE HIKES BEING PROBABLE NICE SETUP FOR SHORTS TO WEEKLY SUPPORT AT 1.1000 AND BEYOND TO 1.08250
AUDUSD candles bullish in daily chart! Tracking wanted!
despite my latest bearish views and due to the recent rupture of the 1120 trendline resistance we could still see some Euro strengh from now on. If we dont go back below the 1100 area and we do this "soon" enough then Im afraid the euro strengh will be maintained even with a rate hike (as long as its below 0,25%). On the contrary, a rate hike over 0,25% (0,50%...
I hate to start by saying, "as foreseen in my previous studies....." So for those who are familiar with my daily studies and forecast, here is a little update. CAC is clearly oversold. Therefore we may see a little upward jump but this should not exceed 4510-4515. My Thought is that we may be at around 4480 before the correction continues. Targets are...
I know that a lot of people had some question mark in mind when I was making studies with a headline goal of 1.382-1.385 for at least 3 weeks now. People thought that After 1.39XX, Euro would jump at 1.355 and bellow. But as I have told in the past, and I keep the same idea in mind, there are 3 reasons why EUR will make a last try to 1.38XX. 1- Market bought for...